Below you’ll find the latest US news headlines. You can access business news in a variety of other categories here.


Wall Street Journal

  • Apple Blinks in Apps Fight - In an uncharacteristic about-face, Apple loosened its control over software development for its iPhones and iPads as the company feels heat from a U.S. antitrust investigation and rising competition from mobile devices powered by Google's Android software.
  • SEC Examines Funds of Hedge Funds - The SEC is looking into whether firms that collect fees for funneling investors into hedge funds are properly overseeing client money and dealing with potential conflicts of interest.
  • Nomura Bulks Up in North America - Nomura Holdings has hired a team of natural-resource bankers and is opening offices in Houston and Toronto this month, its latest moves to expand in North America.
  • Deutsche Bank Eyes Cash Call - Deutsche Bank is planning to raise as much as $11.44 billion to boost its stake in another German bank and possibly shore up its own capital, according to people familiar with the matter.
  • BP Lawyers Reviewed Accident Report - BP, which billed its Deepwater Horizon investigation as an independent look at the disaster, said its lawyers were allowed to "review" the long-awaited report before it was published.
  • SEC Homes In on Lehman - The SEC's probe into the Lehman collapse is zeroing in on an accounting maneuver used to give the appearance the company had reduced its debt levels.
  • H-P Bribe Probe Widens - Hewlett-Packard disclosed Thursday that a probe by U.S. authorities of possible bribes the company paid in Russia is now wider than previously reported.
  • Tracking Songs All Over - Next month, Billboard will launch a new ranking for undiscovered artists and a subscription service to help them get noticed by managers, promoters and labels in search of up-and-coming talent.
  • Nokia Dials Up iPhone Attack - Nokia will detail its latest effort to counter the rise of smartphones made by Apple and others that has the jewel of Europe's telecommunications industry reeling.
  • Steelworkers Blast China on Subsidies - The United Steelworkers filed a complaint with U.S. trade officials charging that China is unfairly subsidizing its clean-energy technology sector, presenting the White House with a potential political headache.


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