GM Strikes Buyback Amid Tussle Over Best Use of Cash

TODAY: May 23, 2015 PUB DATE: March 10, 2015

By Vipal Monga And David Benoit General Motors Co. on Monday became the latest company to return billions of dollars to shareholders amid tussles with investors over how to better allocate corporate cash. Facing a potentially contentious fight over a ...

Health Law to Cost Less Than Forecast Earlier--Update

TODAY: May 23, 2015 PUB DATE: March 10, 2015

By Nick Timiraos WASHINGTON--Nearly five years after President Barack Obama signed the Affordable Care Act into law, federal budget scorekeepers have sharply revised down the projected costs of the bill. In the latest projection, published by the nonpartisan Congressional Budget ...

China New Job Creation Slows Sharply

TODAY: May 23, 2015 PUB DATE: March 10, 2015

BEIJING--The number of new jobs created in urban parts of China slowed sharply in January and February, human resources minister Yin Weimin said Tuesday, underscoring the challenges the country faces amid sluggish economic growth. "Slower economic growth, increased downward pressure ...

China Shares End Down on Outlook for Banks

TODAY: May 23, 2015 PUB DATE: March 10, 2015

By Shen Hong SHANGHAI--China's shares ended mostly lower Tuesday, led by banks, after investors had second thoughts about their recent upbeat assessment of the sector's outlook. The benchmark Shanghai Composite Index fell 0.5% to 3286.07, also weighed by latest data ...

WPP Buys Minority stake in FlowNetwork, Sweden for Undisclosed Sum

TODAY: May 23, 2015 PUB DATE: March 10, 2015

LONDON--Advertising giant WPP PLC (WPP.LN) said Tuesday it is buying a minority stake in Swedish internet TV service, FlowNetwork, for an undisclosed sum. FlowNetwork, a new Swedish over-the-top television service, delivers its programs via the internet supplying Sweden's regional newspapers ...

French Industrial Production Extends Rise

TODAY: May 23, 2015 PUB DATE: March 10, 2015

PARIS--French industrial production continued to rise in January, thwarting expectations of a decline after the surge at the end of 2014, statistics showed Tuesday. French industrial production rose 0.4% on the month in January after a 1.4% gain in December, ...

European Markets Watchdog Warns on Government Bonds

TODAY: May 23, 2015 PUB DATE: March 10, 2015

FRANKFURT--A financial markets watchdog group headed by European Central Bank President Mario Draghi said Tuesday that the risk-free treatment of government bonds in some regulations may lead to excessive investment in these types of securities. A report from the European ...

Jobless Claims Seen Falling to 305K -- Data Week Ahead

TODAY: May 23, 2015 PUB DATE: March 10, 2015

The following are forecasts for this week's remaining data from a survey compiled by The Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Wednesday 1400 Monthly Treasury Budget Feb -$186B (4) -$193.5B* Thursday 0830 Jobless Claims Mar 7 ...

India Current Account Gap Nearly Doubled Last Quarter

TODAY: May 23, 2015 PUB DATE: March 10, 2015

By Gabriele Parussini MUMBAI--India's current account deficit nearly doubled last quarter, as rising demand for goods from the growing economy deepened the trade shortfall, central bank data showed Tuesday. The deficit in the three months ended Dec. 31 widened to ...

Correction to Berkshire Hathaway Article

TODAY: May 23, 2015 PUB DATE: March 10, 2015

"Berkshire Hathaway Completes Van Tuyl Group Acquisition -- Update," at 10:35 a.m. EDT, misspelled Jeff Rachor's name in the third paragraph. Subscribe to WSJ: http://online.wsj.com?mod=djnwires (END) Dow Jones Newswires March 10, 2015 11:20 ET (15:20 GMT) Copyright (c) 2015 Dow ...

Duke Energy to Pay $146 Million to Settle Merger Suit

TODAY: May 23, 2015 PUB DATE: March 10, 2015

By Liz Hoffman Duke Energy Corp. agreed to pay shareholders about $146 million to settle allegations that it failed to disclose details of its 2012 merger with Progress Energy Inc., including a swift boardroom coup that upended the planned leadership ...

Europe's Central Bank Bets Big on Stimulus

TODAY: May 23, 2015 PUB DATE: March 10, 2015

By Brian Blackstone FRANKFURT--The European Central Bank on Monday launched a high-stakes test of its ability to bolster Europe's struggling economy, challenging the conservative bank's traditions with a stimulus program that expands its influence but also risks taking pressure off ...

Fed's Fisher Urges Raising Rates Soon

TODAY: May 23, 2015 PUB DATE: March 10, 2015

NEW YORK--In his final speech as a U.S. central bank official, Dallas Fed President Richard Fisher again pleaded with his colleagues to get to the business of raising interest rates. Citing the robust gains seen in the job market that ...

Oil Rangebound as Markets Assess Supply-Demand Balances

TODAY: May 23, 2015 PUB DATE: March 10, 2015

By Eric Yep Crude-oil futures were rangebound in Asian trade Tuesday as markets await this week's energy agency reports for a fresh assessment of global oil supply and demand balances. On the New York Mercantile Exchange, light, sweet crude futures ...