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Latest Headlines

Facebook Sets IPO Range of $28 to $35
Facebook set the price range for its initial public offering at $28 to $35 a share, in a landmark deal that would raise as much as $13.6 billion for the social network and insiders.
- Live Coverage: Facebook
- Zuckerberg's Stake
- Digits: Top Investors' Worth
- Right Way to Buy Facebook
- Facebook's Amended S-1
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Samsung Unveils Challenger to iPhone
Samsung introduced a faster, larger version of its flagship smartphone, aimed at sustaining its growth in advanced cellphones and challenging Apple's iPhone dominance.

Reuters
Bob Fu helps Rep. Chris Smith speak by phone with Chen Guangcheng.
Chinese Activist Makes Plea to U.S. Congress
Blind Chinese activist Chen Guangcheng addressed members of the U.S. Congress by cellphone from a Beijing hospital, where he is under watch by Chinese authorities after saying he now wants to leave China.

What’s News —

Business & Finance

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Warning Signs Rise for Lenders in Asia
Despite Asia's strong growth, risks to banks are growing, spurred by rising individual debt levels, headwinds from the European debt crisis and a slowdown in China.
- Nations Double Emergency Funds
Stocks Fall Again
The Dow Jones Industrial Average fell 61.98 points, or 0.5%, to 13206.59. The Standard Poor's 500-stock index slid 10.74 points, or 0.8%, to 1391.57.
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Cereal Maker Weetabix to Get Chinese Owner
China's Bright Food Group agreed to acquire acquire a majority stake in U.K.-based cereal maker Weetabix.
BOJ Faces Pressure to Do More
Despite aggressive steps to battle deflation, the Bank of Japan has made little impact in the markets, which are now expecting regular action until the bank achieves its 1% inflation goal.
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Gas Drilling Slows; Prices Heat Up
Energy producers are slowing natural-gas production, potentially alleviating a glut that drove prices to their lowest point in more than a decade.
- Gas Futures Jump
- Video: Bottoming in Prices?
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Green Mountain Shares Tank on Growth Worries
Green Mountain shares dropped 44% after the company said it will make less money this year and is having trouble predicting demand for its Keurig products.
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Temasek Raises $2.48 Billion From China Bank Stake Sales
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Carlyle's Hoped-For Pop Goes Poof
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LVMH Is Set Back in eBay Fight
India Court Adjourns Google-Facebook Case
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BG Group Hit by Cost Overruns
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Westpac Reports Record Cash Earnings

World

Bin Laden Papers Show Strains With Affiliates
Osama bin Laden had a contentious relationship with the al Qaeda's affiliates around the world, according to documents seized during the raid on his compound a year ago.
- Excerpts: Report Highlights
- Search the documents
Draghi Puts Onus on Politicians
Karzai Says U.S. Met His Conditions
Syria University Raid Kills Four Students
U.N. Sanctions N. Korea Firms

Tech

The Other Founder: Saverin's Second Life
Eduardo Saverin, the Brazilian-born billionaire whose skirmishes with Zuckerberg were dramatized in the "The Social Network," is leading a flashy new lifestyle in Singapore.
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Fund Questions Yahoo CEO's Record

China

China Activists See Crackdown
China has ramped up pressure on supporters of blind activist Chen Guangcheng in recent days, amid fears of retaliation for his high-profile escape from house arrest.
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China Shows Openness in U.S. Talks

Media & Marketing

Pepsi Brings Back 'King of Pop'
Pepsi is partnering with the estate of Michael Jackson to use the singer's image for its new global marketing push, including special edition cans.
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Early Easter Hurt Retailers in April
Ashton Kutcher's Bollywood Impression

Editors' Picks

What $1,000 a Night Gets You
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Analytical Trend Troubles Scientists
'The Scream' Fetches $119.9 Million

Video

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World

How Serious Is China About Rule of Law?
World
How Serious Is China About Rule of Law?
In Video Center»
World
The Cost of Not Speaking English
In Video Center»
World
Wynn's Macau Aspirations Grow
In Video Center»

Education

For an American at Oxford, 1+1 Equals New
Peter Tufano, dean of Saïd Business School at the University of Oxford, moved quickly to make changes once he was in the position.
Abu Dhabi's B-School Program Adrift
Real Work for Future M.B.A.s

Sports

The IPL's Old Guard
Twenty20 cricket hasn't quite turned out the way people expected, with perhaps the biggest surprise being the effect the Indian Premier League has had on its elder statesmen.
The Impenetrable Fortress of Floyd

Food & Drink

The World's 50 Best: How Did Asia Do?
Seven Asian restaurants made the cut for the World's 50 Best Restaurants, announced in London earlier this week.
Burgundy Beyond Premox

China

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Wynn to Play Catch-Up in Macau
Gambling magnate Steve Wynn won approval to build a casino resort in Macau's up-and-coming Cotai area, but he will join the game far behind one of his chief rivals.
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Asian Nations Double Fund to Fend Off Liquidity Crises
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China's Economic Rights, Human Wrongs

India

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Google-Facebook Hearing Is Delayed in India
An Indian court adjourned until Aug. 7 its hearing of a petition by Google and Facebook to terminate criminal proceedings against them for allegedly hosting objectionable material on their websites.
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Rupee Falls to Four-Month Low
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India Shares End Down

Markets

U.S., Europe Data Ding Asia Markets
Asian shares ended mostly lower after disappointing data from Europe and the U.S. revived concerns about the global economic outlook; South Korea's Kospi slipped 0.2%.
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An Imperfect World of Jobs Reports
Is Wall Street Meeting God's Expectations?

Tech

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Google Wants Authors Out of Case
Google asked a judge to dismiss a copyright lawsuit by an authors group over a proposed digital library of books, saying the group can't stand in the place of individual authors in making copyright claims.
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Nokia Vows a Turnaround
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Samsung Seeks Outside Talent

World

Dubai Reconsiders Growth Ambitions
Years after the emirate's economy hit a wall and its corporate flagship, Dubai World, was forced to restructure nearly $25 billion in debt, Dubai is scaling back the double-digit growth goals it set for itself in 2007.
EU and Russia Loom Over Serbian Polls
Bombs Kill 5 in Northwest Pakistan

U.S.

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Texas Judge Won't Exempt Drilling Gear From Tax
A Texas state judge reversed an earlier decision to exempt some oil and gas drilling equipment from the sales tax, which Texas officials had warned could cost the state up to $4.4 billion in revenue.
Romney Blasts White House Over Chinese Activist
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House Resolution Accuses Holder of Contempt

Life & Style

Podcast: Trust the Horse Experts
The latest Sports Retort, tackles the Kentucky Derby and tries to determine the exact definition of "expert" when it comes to handicapping.
The Night Seau Owned San Diego
'In the Derby' Isn't 'In the Black'

Opinion

Carson C. Block: China's Auditing Train Wreck
Beijing should let U.S. regulators come in and tackle the endemic shoddy accounting.
Sadanand Dhume: Bangladesh Is South Asia's Standard-Bearer
Han-yi Shaw: Japan's Dubious Claim to the Diaoyus

MARKET NEWS

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Opinion

Photos

Agence France-Presse/Getty Images
Photos of the Day: May 3
In today's pictures, aspiring dancers audition to be Radio City Rockettes, protesters take to the streets of Yemen, a cosmonaut gets ready for a space trip and more.
Agence France-Presse/Getty Images
Duke of York Visits India
Britain's Prince Andrew, the Duke of York, is on a seven-day visit to India. Some snapshots.
The Thousand-Dollar Hotel Room
Several companies that specialize in smaller, ultraluxury hotels with high-season rates nearing -- or breaking -- the $1,000 mark are expanding.
European Pressphoto Agency
Asia in Pictures
Aung San Suu Kyi is sworn in to Myanmar's parliament, U.S. officials accompany blind activist Chen Guangcheng in Beijing, the first anniversary of the killing of Osama bin Laden is marked, and more.
Agence France-Presse/Getty Images
The Many Faces of Munch's "The Scream"
Edvard Munch's "The Scream" is the highlight of Sotheby's Impressionist and modern sale in New York on May 2. But the work has been almost as famous for its mass-marketed afterlife as for its artistry, writes the Journal's Ellen Gamerman. Below, a sampling of the paintings' different incarnations.
Reuters
Blind Chinese Activist Leaves U.S. Embassy
A blind Chinese activist who fled persecution by local officials in his rural town and sparked a diplomatic standoff by holing up in the U.S. Embassy for six days emerged Wednesday after U.S. officials said China had assured his safety.