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Kodak Shutters Camera Business WSJ.com

More than a century ago, Eastman Kodak Co. got into the camera-making business with the slogan, "You press the button, we do the rest." Soon, the buttons are going to be made by someone else.
Numeric Power Systems Sells Business to Legrand Unit WSJ Blogs

By Gurdev Singh Virk of Dow Jones Newswires MUMBAI - Numeric Power Systems Ltd. late Thursday said it has sold its UPS business to Indo Asian Electric Pvt. Ltd.--a unit of French electrical equipment company Legrand SA for 8.37 billion ...
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Capital Questions Linger in Europe WSJ.com

LONDON—European regulators said the Continent's banks are well on their way to replenishing their capital cushions, but concerns persist that the lenders aren't taking sufficiently drastic actions to fortify themselves.
Putin Seeks Payments From Those Who Made Fortunes in '90s WSJ.com

MOSCOW—The tycoons who reaped fortunes thanks to Russia's controversial 1990s privatizations should make a one-time windfall payment to legitimize their holdings, Prime Minister Vladimir Putin said Thursday.
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Pepsi's New Challenge to Coke WSJ.com

Will PepsiCo's latest offensive mark a turning point in the latest cola wars? That is the hope of the snack and drink company, which has lost U.S. carbonated-beverage market share in recent years as Coca-Cola kept prices low even as input ...
'Citizenship' More Important to Barclays Than Financial Performance WSJ Blogs

After a string of broken promises regarding the bank's financial performance, the management at Barclays seems to think something called "citizenship" is more important.
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Moment of Truth For Spanish Bank; Lender's Independence Seen at Risk From Spain's Cleanup Rules, Just Months After IPO WSJ.com

MADRID—Bankia SA, which just months ago was hailed as a success of the country's banking consolidation, on Friday will outline its plans to comply with Spain's new bank-cleanup rules—standards that have raised some doubts about the lender's ...
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Budget Ducks Big Benefit Cuts; Administration Wouldn't Tackle Entitlements Outside a Broader Deal on Deficit WSJ.com

President Barack Obama's budget proposal Monday will offer several measures to trim the federal deficit in the next 10 years. But it would leave largely unchanged the biggest drivers of future government spending: the Medicare, Medicaid and ...
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On U.S. Visit, Xi to Address 'Trust Deficit'; China's Heir Apparent Sets Out to Project Confidence, Prove He Can Manage Complex Relationship With Washington WSJ.com

BEIJING—A senior Chinese official warned of a "trust deficit" hampering relations between Beijing and Washington, just five days before Xi Jinping, the man expected to become his country's top leader later this year, begins a visit to the ...
IBM Looks To Start-Ups For Help With Analytics Revolution WSJ Blogs

By Scott Denne from WSJ's Venture Capital Dispatch blog. More than a decade ago, IBM spent the dot-com boom making sure it made money selling to start-ups. In the current tech boom, it says there's more to gain from partnering with the ...
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Deal Highlights Oracle's Cloudy Future WSJ.com

Customers have a habit of slipping through your fingers when, instead of offering innovative products, you seek to keep them locked into old ones. That is a pricey lesson Oracle is learning.
BHP Could Sell US$10Bn Of Assets: Deutsche WSJ Blogs

Deutsche Bank analysts reckon BHP Billiton's harvest of several non-core assets could bank the world's biggest miner up to US$10 billion. Though the broker notes BHP will be in no hurry to sell, the miner has emphasized its focus on large, ...
The Importance of Being Robert Vadra WSJ Blogs

There are many privileges that come with marrying into the country's most powerful political family. For instance, it earns you easy headlines.
Living Very Large; Shooting ranges, an indoor tennis court, a bedroom bigger than many houses: For a small cadre of very wealthy owners, building big is back. A bird's-eye view of some of the mega mansions going up across the country. WSJ.com

The latest project of Hyatt hotel heir Anthony Pritzker is a 49,300-square-foot building designed by an architecture firm in Paris. It involves a small army of specialized consultants and boasts amenities like a bowling alley, hairdressing ...
French Debt Waltzes Uneasily With French Banks WSJ Blogs

One eye-catching nugget in the treasure trove of correlation data released by HSBC this week is the news that French government debt has very little correlation with investor risk appetite.

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