WSJ.com: What's News US
U.S. Opens Door to More Gas Exports
The Obama administration cleared the way for broader natural-gas exports by approving a $10 billion facility in Texas, a milestone in the U.S. transition into a major supplier of energy for world markets.
SAC to Limit Help in Probe
The move signals that a government investigation of the company and its billionaire founder, Steven A. Cohen, has intensified.
GM Shares Roar Back to Old Levels
General Motors shares eclipsed their $33 IPO price, fueled in part by enthusiasm over the company's new vehicles.
House Passes SEC Cost-Benefit Bill
House lawmakers voted largely along party lines Friday to approve a bill that would require U.S. securities regulators to more extensively assess how much their rules cost the financial industry, part of a push to curtail what Republicans say is overly burdensome red tape.
Stocks Cap Week With Rally
Stocks capped off another strong week with a broad rally, as a bigger-than-expected rise in consumer sentiment bolstered the view of an economy faring better than some feared.
Starbucks Sets Sights on Vietnam
Starbucks has penetrated scores of markets over the years, but may face a challenge in Vietnam's deep-rooted coffee culture.
Penney Plans Bangladesh Audits
J.C. Penney plans to beef up its audits of factories in Bangladesh by requiring them for the first time to undergo structural and engineering inspections.
Gold Selloff Deepens
Gold fell for the seventh straight trading day Friday, notching its longest losing streak since the financial crisis as the metal approached a fresh low.
Some Banks Halt Foreclosures
Some of the nation's largest banks, including Wells Fargo, suspended foreclosure sales in a number of states following guidance issued by federal banking regulators.
DirecTV Considers Hulu Bid
DirecTV, the second largest U.S. pay-TV provider, is weighing a potential bid for Hulu, the latest company to show interest in the six-year-old video site.
Mixed Transocean Results for Icahn
Transocean shareholders rebuffed many of Icahn's efforts to bring about changes. But they awarded the activist investor one victory, dethroning the company's longtime chairman.
Bloomberg Taps Palmisano for Review
Bloomberg appointed former IBM chief Samuel Palmisano to review the company's compliance measures, in response to concerns about subscriber information that had been available to Bloomberg journalists.
Regulators Target Exchanges as They Ready Record Fine
Financial regulators are taking a harder line on exchanges amid concerns over their ability to police the markets they operate.
Hackers Hit Financial Times
The Financial Times said its Tech Blog and various Twitter accounts were hacked Friday by a group identifying itself as the Syrian Electronic Army.
The Low-Price Boost for Stocks
The lousy job environment led the Federal Reserve to launch its latest round of bond buying. The leaden inflation environment could keep it from withdrawing it anytime soon.
Abe Seeks to Get Japan Inc. to Spend
The prime minister pledged action to encourage businesses to increase their spending as he seeks to turn recent improvements in the economy into sustainable growth.
Consumer Optimism Returns to Pre-Crisis Level
The Thomson-Reuters/University of Michigan early-May consumer-sentiment index jumped to 83.7 from 76.4 at the end of April and a preliminary April reading of 72.3.