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What’s News —

Detroit Bailout Hits Bumpy Road
Big Three auto CEOs faced much the same doubts from lawmakers in the first day of their last-ditch return to Congress for a bailout, now put at $34 billion.
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Boeing May Delay 787 Deliveries
Boeing may push back first deliveries of its flagship 787 Dreamliner by at least six more months after the recent strike by union machinists, as well as other snags.
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Merrill/BofA Deal Goes to a Vote
Shareholders are set to approve BofA's takeover of Merrill Lynch in separate votes. Whether Merrill goes down in history as the ultimate catch by one of the banking industry's most aggressive acquirers or a deal to regret is up in the air.
- BofA Chief Lewis Named Banker of the Year
For Neuberger Deal, Fateful Few Months
This summer, Lehman Brothers' investment-management unit, anchored by the celebrated Neuberger, was worth $10 billion. On Wednesday, the remaining investment unit barely scraped up any bids in an auction.
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Minimum-Price Foes to Use eBay
Opponents of a Supreme Court decision that lets manufacturers set minimum prices launched a campaign that will include the use of eBay to garner consumer support.
Houghton Mifflin to Cut Jobs
Houghton Mifflin is restructuring its K-12 textbook unit, and hundreds of 5,300 full-time employees are expected to lose their jobs.
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Facebook Delays Employee Share Sales
Facebook is delaying a program to allow employees to sell some of their shares in the privately held company.
- Facebook Pushes New Service
China, U.S. Pledge to Support Trade
The U.S. and China wrapped up high-level economic talks with pledges to support financial markets, trade and investment in both countries.
- Heard on the Street: Mixed Ending for Paulson in China
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Microsoft Taps Yahoo Veteran
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Vodafone Tax Demand Could Affect India Deals
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Starbucks Moves to Cut Costs, Retain Customers
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Curry to Run DBRS U.S. Unit
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Yanzhou Coal Eyes Australia's Felix
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November Is as Bad as Feared
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Nokia Sees Shrinking Handset Market
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Debt Concerns Weigh on Rio Tinto
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Citadel's Losses Add to Mr. Griffin's Pain

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Bratz Ruling Hands Mattel Big Choices
A federal judge ordered MGA Entertainment to hand over control of its Bratz dolls to Mattel, Barbie's maker.
- Barbie Comes Out on Top in Bratz Battle
Japan's Recession Hits 'Temps'
Sweeping job cuts in Japan have created a moment of reckoning, exposing the social costs of the embrace of U.S.-style capitalism.
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China Looks to Wall Street to Lure Back Talent
China, which has long sent its best and brightest abroad, is now siphoning talent from Wall Street.

Asia

Rice Visit Ends, Mumbai Rift Remains
Honda Pulls Out of Formula One
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Asian Stocks End Mixed; Nikkei Slips 0.1%

Europe

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ECB, Bank of England Cut Rates
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FTSE Down 1.2% as Miners Weigh
Julius Baer CEO Widmer Dies

Earnings

Credit Suisse Reveals Big Loss
Credit Suisse will slash 11% of its work force, or about 5,300 workers, after it said it incurred a loss of $2.48 billion in two months.
Merck Cuts Sales, Profit Outlook
Bombardier Net Surges

Economy

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Fed Weighs Options as Europe Cuts Rates
The Fed is considering taking unconventional steps to revive the economy as central banks outside the U.S. cut rates more aggressively.
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Oil's Slide Set to Leave Dark Trail
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Companies Accelerate Layoffs

Health

Daschle Pushes for Health-Care Overhaul
Former Sen. Tom Daschle, a likely Obama cabinet nominee, is kicking off an effort to pass a health-care overhaul.
Troops Face Brain-Health Risks
Measles Deaths Drop World-Wide

Law

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Fraud Charge for Del Biaggio
Federal authorities accused a former Silicon Valley venture capitalist and part owner of the Nashville Predators hockey team of defrauding investors out of $65 million.
Suit Disputes Ruling Over Toy Sales
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Lawsuits Over Bear Stearns Deal Dismissed

Media & Marketing

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Car Makers Take Case to the Web
Auto makers are using sophisticated digital-marketing techniques to lobby for billions of dollars in federal aid.
Poorer Nations Go Online on Cellphones
Fresh Palates for Burger King