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The top cars for graduates; Beyond the used Camry MarketWatch

2009 Chevrolet Malibu High school and college graduation is a time for thinking about new destinations—and how a new diploma holder will be getting to them. Unless they land in one of the few U.S. cities fully served by public ...
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GM Says Proxy Failed to Note Related Party Deal WSJ.com

General Motors Co. said Friday that it failed to disclose in its proxy a $600,000 contract with an ad agency partly owned by the wife of the auto maker's chief financial officer.
Australia's ASX Hits 6-Month Low WSJ.com

HONG KONG—Australia's benchmark index closed at a six-month low and the Shanghai Composite Index gave way for the 11th time in 15 sessions as investors focused on worries about the global economy.
Chesapeake finds footing, Exxon lags; Analysts note that insiders have been buying energy stocks MarketWatch

NEW YORK (MarketWatch) — Energy stocks rose Friday despite losses in the broad equities market, as Chesapeake Energy maintained its upward momentum and company insiders from the oil and gas business scooped up downbeaten shares in their own ...
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Shanghai Exchange Targets New Mechanism for Margin Trading, Short Selling WSJ.com

SHANGHAI—The Shanghai Stock Exchange plans to roll out a new mechanism for margin trading and short selling of shares via a centralized intermediary this year, a move to further liberalize and inject more vitality into the country's stock ...
What's the Next Step for Archstone? WSJ Blogs

When Lehman Brothers led a leveraged buyout of apartment-company Archstone valued at $22 billion in 2007, it had a code name for the deal: "Project Easy Living."
So You Want a Summer Job WSJ Blogs

For those high school and college students who won't spend the next few months backpacking around Asia, completing a research project in the Antarctic, or interning at their uncle's hedge fund, the summer may hold the following words: ...
Tesla Opens East-Coast Store Ahead of Model S Rollout WSJ Blogs

Electric-car maker Tesla Motors is opening a new store today in White Plains, N.Y. It is the company's seventh "new design" shop overall but its first in the eastern U.S. Tesla is stepping up its retail expansion as it prepares for the ...
Chesapeake Now Selling Assets in Colorado and Wyoming Too WSJ Blogs

Chesapeake Energy is adding to its list of properties on the block. The energy company is selling oil and gas assets in Colorado and Wyoming, its latest asset sale plan in a quest to raise up to $11.5 billion.
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Brazilian Real Strengthens WSJ.com

SAO PAULO—The Brazilian real strengthened in intraday trading Friday after repeated interventions by the central bank reinforced the outlook the government won't let the real weaken much past BRL2.05 to the dollar.
Facebook's Sin? Breaking The IPO 10 Commandments WSJ Blogs

In the wake of Facebook's disappointing offering, there has been much discussion about whether the rules of IPOs should be redone. For Nicolas Colas, Chief Market Strategist at ConvergEX Group and a former long-time analyst in the auto ...
Short Selling Rose In First Half of May WSJ.com

Short selling rose at the New York Stock Exchange and Nasdaq Stock Market to the highest levels respectively of the past six months during the first half of May.
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Nasdaq, Direct Edge Move to Tame Quote Traffic WSJ.com

Nasdaq OMX Group Inc. and Direct Edge Holdings LLC will introduce financial penalties in coming weeks on traders who send to the exchanges heavy loads of quotes that don't lead to trades.
Talk of selling riverfront Grand Rapids land once eyed for 'mystery project' resurfaces WSJM

File imageAmong the ideas that emerged the last time Grand Rapids put 201 Market Ave. SW up for sale was this rendering for the area along the river between Wealthy Street and U.S. 131.
The Morning Leverage: Moelis Lands Deal For Canadian Jet Servicer WSJ Blogs

Top stories in today's LBO Wire: In this morning's roundup of private equity news, the private equity arm of Moelis & Co. added another aviation-services business to its portfolio, acquiring Mxi Technologies Ltd. in a deal less than $100 ...

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