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LATEST HEADLINES

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AIG Offering Near Low End of Range
AIG and the Treasury decided to move ahead with a stock offering this month for about $9 billion, far less than what officials had once hoped to fetch.
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Shrinking Supplies
Are Putting Pipeline
In Alaska at Risk
The Trans Alaska Pipeline, which still delivers more than 11% of the oil produced in the U.S., is under threat as oil production along Alaska's northern edge dwindles.
- Timeline

'Most Likely to Succeed' Burden
Nearly one-third of high school seniors named "most likely to succeed" regard it later as "a curse," according to a recent poll. Some say the label makes them feel stuck with high-school definitions of success, which invariably involve rising to the top of a profession, making lots of money, or both.

Out, Out Pesky Sweat Stains

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Business & Finance

Microsoft Dials Up Change
Microsoft racked up a whopping $8.5 billion phone bill to buy Skype even though there were no signs of other serious bidders, as the software giant moved aggressively to ramp up its growth.
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Galleon Deliberations Stretch On
Jurors gave no signs of being any closer to a verdict on Tuesday in the insider-trading trial of hedge-fund manager Raj Rajaratnam.
- The Quirks of Insider Trading Law
Goldman Discloses CFTC Probe
The U.S. regulator for commodities trading threatened Goldman Sachs Group with possible civil-fraud charges over the firm's role in clearing trades for a client.
- Goldman Sachs Watch
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Buyer Beware: RBC Bank on Block
Royal Bank of Canada has attracted prospective bidders for its U.S. operations despite RBC Bank's raft of problems. The unit is expected to fetch roughly $3 billion.
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Oil Bull Loses 20% But Keeps Charging
BlueGold Capital Management, one of the most successful hedge funds over the past few years, is now among the biggest losers amid the sudden downturn in oil. But it hasn't soured on black gold.
- Commodities Watch
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Banks Offer $5 Billion for Mortgage Claims
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U.S. Rebuffed in Glaxo Case
Asia Rises; Weaker Yen Supports Tokyo, Focus on China Data
Facebook Security Flaw Exposed User Accounts
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Disney Hurt by Studio Division
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Red Roof Inn Still a Deal
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ISS Urges Vote Against Exxon Executive Pay Plan

U.S.

Obama to Renew Muslim Outreach
Obama is preparing a fresh outreach to the Muslim world, one that will ask those in the Middle East and beyond to reject Islamic militancy in the wake of Osama bin Laden's death and embrace a new era of relations with the U.S.
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Bin Laden Death Roils GOP Race
Obama Recasts Border Issue
Terror Worries Ride Rails
Flood Soaks Mississippi Casinos, Farms
Democrats Oppose Spending Cap Plan

Technology

Smartphone Fit for Palms and Palm Fans
For its first out-of-the-gate smartphone since acquiring Palm, H-P is starting really small. Katherine Boehret reviews the HP Veer 4G, which has the surface area of a credit card and the thickness of a deck of playing cards.
- Video: How Small is Too Small?
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Google Takes Big Charge for Ad Probe
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Gilt's Valuation Puts Web Boom to Test
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Industry Weighs Policing Mobile Apps
Google, Apple Defend Privacy Controls

World

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School in Taliban Territory Shows Perils of U.S. Pullout
Insurgent-filled Andar illustrates the challenge the U.S. faces as the military prepares to begin drawing down troops in Afghanistan. The only official able to function, the district education director, does so because he has the Taliban's endorsement.
Libyan Officials Profit From Migrants
Bin Laden's Son Says Killing Was Illegal
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Syria Extends Armed Push

Editors' Picks

GM Bets Big on Rural China Markets
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Survivors Seek Japan's Past, in Photos
Always Fly at Night

Video

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World

Photographs a Keepsake for Tsunami Survivors
Digits
digits: Reaction to Microsoft-Skype Deal
Lifestyle
News Hub: Sweat Protection Without the Stains
Tech
When it Comes to Phones, How Small is Too Small?

Health

Judges Test Health Law's Foes
A federal appeals-court panel questioned the state of Virginia's right to sue to overturn the federal health-care overhaul and also showed sympathy to the Obama administration's arguments on the substance of the law.
Texas Adds Conditions on Abortion
Report Touts Economic Impact of Gene Project
Heart Study Found to Have Muted Impact

CFO Journal

Will Stock Split Really Change Citi's Shareholder Base?
Citigroup is trying to give the reverse stock-split pessimists a run for their money.
Entrenched Boards an Endangered Species

MarketWatch

Defense Stocks to Buy After bin Laden Death
A rethinking of the defense budget is bad news for big defense firms. But there are still opportunities for investors — that is, the smaller companies in the defense industry.

Small Business

Tech

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Google Unveils Music Storage Service
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PlayStation Resumption Still Unclear
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Net Giant Prods India on Rules
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Xerox Seeks Faster Services Growth
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Sidera, FiberLight to Go on the Block

Life & Culture

Sports

Opinion

Jim McNerney: Boeing Is Pro-Growth, Not Anti-Union
Harold Ford, Jr.: Washington vs. Energy Security
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Jenkins: Internet Data Caps Cometh
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Madoff and the Mets
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Engaged to Hamas

World

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Beijing's Trade Surplus Balloons
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Key German Party Shuffles Lineup
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Russia Reopens Its Probe of Activist
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Spain Weighs Wider Use
of 'Bad Banks' for Cajas
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U.K.'s Junior Partner Looks for a Rebound

U.S.

New York

Business

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U.S. Sues Over Tyson Plant Sale
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GM Expands Amid Optimism
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Times Co. Replaces About.com CEO
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Anheuser Taps Gum, Candy Veteran For Marketing Post
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Conviction in Foreign Bribery Case Is First in U.S. Trial

Markets

Skype's the Limit: Deal Lifts DJIA
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Loyalty Shares—It's a Long Story
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Sugar Futures Soar
Turn 100 Trillion Dollars Into Five and Feel Good About It
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Macy's Profit Report Could Herald Good News

Management

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'Condo King of Miami' Is Rebuilding
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Boston Scientific CEO to Retire in Surprise Exit
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A Venture Newbie Stirs Silicon Valley
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Paulson Plays the Lehman Bust
Getty Arts Trust Gets New Chief

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World

Turn 100 Trillion Dollars Into Five and Feel Good About It
A 100-trillion-dollar bill, it turns out, is worth about $5. That's the going rate for Zimbabwe's highest denomination note, the biggest ever produced for legal tender.
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Managing Pakistan After bin Laden
Removing troops from Afghanistan will be seen in Islamabad as weakness, writes John Bolton.
Stempel, Engineer Who Ran GM, Dies
Robert Stempel, GM's chairman during some of the big auto maker's darkest days in the early 1990s, dies at 77.
Shutting Out the Kids From the Family Fortune
A Michigan timber tycoon who died 92 years ago is finally releasing his fortune -- $100 million that will go to his distant heirs.

On WSJ Blogs

Photos

Photos of the Day: May 10
In today's pictures, Ugandan protesters are sprayed with water, a man kisses the grave of a Libyan rebel fighter, an upstate New York man upsets mosque leaders and more.

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Business & Finance

Editors' Picks

Photographs a Keepsake for Tsunami Survivors

digits: Reaction to Microsoft-Skype Deal

News Hub: Sweat Protection Without the Stains

When it Comes to Phones, How Small is Too Small?

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