Posts tagged with the keyword: ‘wall street journal’

The Blueprints Behind the Bistros

The Blueprints Behind the Bistros

To prepare for a new job, Glen Coben spends night after late night eating, drinking and talking with clients. Last Monday, he ate a three-course tasting menu at an up-and-coming chef’s New York restaurant; on Tuesday he and the chef downed an 11-course dinner at another. Francois Dischinger for The Wall Street [...]

Oracle and Autonomy row escalates as Larry Ellison accuses Mike Lynch of lying

Oracle and Autonomy row escalates as Larry Ellison accuses Mike Lynch of lying

Mike Lynch, chief executive of Autonomy, rejects Larry Ellison’s accusations that he touted the company to Oracle.  By Katherine Rushton, Media, Telecoms and Technology Editor 2:31PM BST 29 Sep [...]

U.K. Working Toward Stimulus

U.K. Working Toward Stimulus

ISTANBUL—Vince Cable, U.K. Secretary of State for Business Innovation and Skills, said Wednesday that the government was encouraging debate within the Bank of England to design a new phase of monetary-policy stimulus in response to the renewed risk of a global slowdown. Enlarge ImageClose Getty Images U.K. Business Secretary Vince Cable during a [...]

Age-Old Legal Principle Declines

Age-Old Legal Principle Declines

For centuries, a bedrock principle of criminal law has held that people must know they are doing something wrong before they can be found guilty. The concept is known as mens rea, Latin for a “guilty mind.” This legal protection is now being eroded as the U.S. federal criminal code dramatically swells. In recent [...]

U.S. Expands Drones in Africa

U.S. Expands Drones in Africa

WASHINGTON—The U.S. military is deploying a new force of armed drones to eastern Africa in an escalation of its campaign to strike militant targets in the region and expand intelligence on extremists, officials said. The military has reopened a base for the unmanned aircraft on the island nation of Seychelles to intensify attacks on [...]

Uncertainty Zaps Early Stock Rally

Uncertainty Zaps Early Stock Rally

NEW YORK—A rally in U.S. stocks largely evaporated late in Tuesday’s session following reports that Greece’s negotiations with international inspectors may drag out, and could still fall apart. The Dow Jones Industrial Average ended 7.65 points higher, or 0.1%, at 11408.66, although the blue-chip measure had gained as much as 148.91 points midsession. [...]

Vermont Rushes to Rebuild for Leaf Peeping

Vermont Rushes to Rebuild for Leaf Peeping

QUECHEE, Vt.—Businesses damaged by flooding from Tropical Storm Irene are under pressure to rebuild and reopen this week as Vermont’s peak leaf-peeping season begins, an event that provides a quarter of the annual tourism revenue in the state. The state has set up a fund offering flood-ravaged businesses $10 million in low-interest loans, with [...]

After Siege, Misrata Shuts Door on Returns

After Siege, Misrata Shuts Door on Returns

MISRATA, Libya—Thousands of families fled this Libyan port city during the uprising against Col. Moammar Gadhafi’s rule, escaping the months of deadly shelling and street battles that turned stretches of Misrata into rubble. Now that Col. Gadhafi has been overthrown, with Misrata’s fighters emerging as the revolution’s most hardened and stoic, many of those [...]

Effort on Home Loans Stalls

Effort on Home Loans Stalls

A year after U.S. banks slowed down the foreclosure machine as a result of pressure from judges and regulators, the foreclosure process remains snarled. Last September, GMAC Mortgage LLC, one of the nation’s largest servicers of home loans, suspended sales of some foreclosed homes and put a moratorium on evictions of many borrowers behind [...]

Teachers Are Put to the Test

Teachers Are Put to the Test

MADISON, Wis.—Teacher evaluations for years were based on brief classroom observations by the principal. But now, prodded by President Barack Obama’s $4.35 billion Race to the Top program, at least 26 states have agreed to judge teachers based, in part, on results from their students’ performance on standardized tests. So with millions of teachers [...]