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  Some Companies Restart Pay Raises

  While U.S. companies have slowed down hiring this year, some even announcing layoffs, some are raising salaries.

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  Directors See Uptick in Compensation

  Director rewards continued their upward trajectory, hitting a median of more than $200,000 last year, concludes an analysis by management consultancy Hay Group.

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  The Story on Region's Legal Landscape

  Philip Jeyaretnam, managing partner at Rodyk & Davidson, Singapore's oldest law firm, says he wants to grow Rodyk's business beyond the city-state. He says the demands of running the firm—which celebrates its 150th anniversary this year—have impeded his other career as a fiction writer.

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  Hacking Inquiry Presses On

  James Murdoch is being asked for written testimony by a U.K. parliamentary committee probing phone-hacking allegations against News Corp.'s recently closed U.K. tabloid.

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  Yahoo, Alibaba Make Peace

  Yahoo and Alibaba agreed to share profits from payments service Alipay, but the pact puts a $6 billion cap on how much Yahoo could receive in an IPO or sale. Yahoo shares fell on the news.

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  Murdoch Keeps BSkyB Chair

  James Murdoch has so far weathered the storm swirling around News Corp., as he won the unanimous support of the board of BSkyB, where he will remain chairman.

  • U.K. Tabloid's Lawyer Had a Ringside Seat

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  Fiat Management Team Takes Reins at Chrysler

  Italian auto maker Fiat moved to consolidate its grip on Chrysler, naming a new management team for combined operations that is mainly populated with Fiat executives.

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  Booz Allen Is Sued by Female Partner Over Firing

  The highest-ranking female partner at Booz Allen Hamilton has sued the management consultancy, challenging her firing and alleging a pattern of gender bias.

  • Read the Complaint

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  Conoco's Empire Builder Rips It Apart

  In the last decade, ConocoPhillips CEO Jim Mulva achieved a feat with few equals in modern U.S. corporate history: creating a new oil major, almost from scratch. Now, as he prepares to retire, Mr. Mulva is presiding over the disintegration of his signature achievement.

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  U.K. Tabloid's Lawyer Had Ringside Seat

  Tom Crone, as the longtime lawyer at the News of the World, had insight into how the dirt was dug, and defended, at the tabloid. Now he may be on a collision course with News Corp.'s James Murdoch.

  • BSkyB Likely to Buy Back Shares
  • U.K. Hacking Inquiry Seeks Quick Start
  • Hacking Scandal's Web of Connections

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  In Their Own Words: Executives on Hiring

  The Wall Street Journal looked through recent conference call transcripts to glean what executives are saying about hiring. Here are excerpts of their comments.

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  European Banks Slash Jobs

  European banks are cutting jobs to save on costs, as weaker earnings in key business lines and coming regulations bite into their profits.

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  Crunch Time Nears at Thomson Reuters

  The family that controls Thomson Reuters has grown impatient with the company's performance and pressed for a recent shake-up, putting pressure on CEO Tom Glocer to pull off a turnaround.

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  News Corp. Board Challenged

  News Corp.'s board believes steps taken so far are appropriate for addressing the phone-hacking scandal. Some critics, however, say the board lacks the independence needed to tackle the issue.

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  AOL Reshuffles Management

  AOL Chief Executive Tim Armstrong made a series of high-profile changes in the company's executive ranks Monday, reshuffling key posts in a bid to spur growth at the struggling Internet company.

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  Deutsche Names Two as Co-CEOs

  Straddling its twin roles as a global investment-banking powerhouse and huge German lender, Deutsche Bank resolved months of indecision over its leadership by appointing two top executives to succeed CEO Josef Ackermann.

  • What Jain's Appointment Says About Deutsche

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  GE Bases X-Ray Unit in China

  General Electric said it is moving its X-ray business headquarters to Beijing to accelerate sales in China's fast-growing health-care market. The unit will be the company's first business to be based in China.

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  Losing Ground, BlackBerry Resets

  BlackBerry maker Research In Motion said it will cut 2,000 jobs, the latest move in a make-or-break scramble to resuscitate its products and keep the company that essentially invented the smartphone from becoming an also-ran.

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  James Murdoch's Week Ahead

  News Corp.'s chief operating officer, James Murdoch, faces multiple challenges as he seeks to stabilize his status at the company.

  • Graphics: Web of Connections | Key Players

• The Corner Office Eludes Many Asians

  Despite an outsized share of Ivy League degrees, Asian-Americans are under-represented in executive suites, according to a new study.

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  New Pressure on News Corp.

  News Corp. Deputy Chief Operating Officer James Murdoch fended off pressure from U.K. politicians, including Prime Minister Cameron, after two former company officials bluntly accused him of misleading a parliamentary committee.

  • News Hub: Murdoch Under Fire by Politicians

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  Verizon Calls Up New CEO

  Verizon's new CEO Lowell McAdam must solve the company's wireless partnership with Vodafone, maturing mobile business and address the shrinking landline operation.

  • digits: Wireless Sales Boost Verizon Earnings

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  Thomson Reuters Loses More Executives

  Thomson Reuters shed more executives amid the continued fallout of a shake-up at one of the financial-data company's key divisions.

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  Phone Hacking Testimony Disputed

  Two former executives broke ranks with News Corp. for the first time over whether James Murdoch knew in 2008 that the hacking scandal at its now-defunct U.K. tabloid likely involved more than one reporter.

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  CEO Hunt at AMD Drags On

  AMD's search for a new CEO has entered its seventh month as several prominent candidates have turned down the job, an indicator of the challenges facing the chip maker's next leader.

  • Chip Watch
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  News Corp.'s Costly Crisis Management

  The penalty for missteps in the early phase of a corporate crisis -- expense, lost reputation, distraction -- can be brutally high. Witness News Corp., John Bussey writes.

  • News Hub: Bussey on News Corp.'s Crisis

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  Morgan Stanley Comes Up Golden

  Morgan Stanley generated its highest quarterly revenue since 2007 in the second period and overtook rival Goldman Sachs in bond trading.

  • Heard: Take Morgan Off Discount Rack
  • Pay Per Employee Rises 7%
  • Deal Journal: Equities, Banking Capital Units 'Great'

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  Layoffs Pick Up as Recovery Hopes Ebb

  Companies are laying off employees at a level not seen in nearly a year, hobbling the job market and intensifying fears about the pace of the economic recovery.

  • Video: Layoffs Pressure Job Growth
  • Audio: Companies Worried About Growth
  • Opinion: The End of the Growth Consensus