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US Business


Yahoo's board plans to reject Microsoft's unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says.


 

World News


Obama swept Democratic contests over rival Clinton, with wins in Nebraska, Washington state and Louisiana. Huckabee defeated McCain in Kansas and Louisiana, while the Arizona senator won a tight race in Washington state.
 

Economy


Wholesalers' inventories rose 1.1% in December, the highest rate in more than a year, as sales plunged, a worrisome sign that unsold goods were piling up on shelves as the economy braked.
 

Politics And Policy


Obama seems to have an edge over Clinton in the four Democratic primaries this weekend. In the Republican race, McCain appears to have the nomination but Huckabee could consolidate conservative support.
 

Earnings


Federal Reserve Chairman Ben Bernanke visits the Senate next week to discuss what lessons regulators can take away from the credit crunch. But markets will be watching to see whether the central bank chief tips his hand on interest rates.
 

Health Blog


The FDA said today that Botox may be associated with rare side effects including hospitalization and death — and that those serious problems seem to be clustered largely in children treated for spasticity associated with cerebral palsy. The notice, though preliminary, will surely be considered by doctors who use the drug for that purpose (a use [...]
 

Law


A new law will allow some workers to take unpaid time off in conjunction with a family member's military deployment, and extends the leaves available to care for a family member injured in military service.
 

Media & Marketing


The Writers Guild of America said in a letter to its members overnight that it had reached a "tentative deal" for a new three-year contract with the major Hollywood studios and television networks. (Text of letter)


 

What's News Technology


Yahoo's board plans to reject Microsoft's unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says.


 

Gadgets


Polaroid is closing its remaining U.S. film plants next month and will stop making film for its venerable instant-picture cameras by the end of the year.
 

Telecommunications


Alcatel's $3.65 billion write-down on what was supposed to be one of its key wireless technologies raises concerns that the company overpaid for Lucent.
 

Asia Technology

Europe Technology


Russian regulators opened a case into the country's three largest cellular companies' operator-to-operator charges.
 

Markets


The SEC is considering rules requiring credit-ratings firms to disclose the accuracy of past ratings. This is the first indication of how the industry might be regulated in the wake of the subprime crisis.


 

Europe Markets News


Overseas shares have suffered this year together with their U.S. counterparts, putting the plans of many individual investors to the test.
 

Asia Markets News


The Tokyo Stock Exchange halted trading of futures on a key Japanese stock index because of a computer glitch, again raising concerns about the technological infrastructure of a city that is promoting itself as regional finance hub.
 

Deals & Deal Makers


Delta and Northwest are trying to build a common labor pact for pilots prior to completing a merger deal.
 

Hedge Funds


Eric Mindich's $10 billion Eton Park Capital Management is acquiring the portfolio of debt-oriented hedge fund R6 Capital Management and hiring the firm's executives.
 

PJ Main


It's true for athletes and tourists alike: The hardest part of the Olympics is getting in. But once travelers secure airline and hotel reservations, the city's persistent pollution and traffic congestion pose obstacles. Here are tips to get through the maze.
 

Money


Jeff must make a tough decision about how his grandmother can pay for her extended care as she undergoes treatment for bladder cancer. After weighing the options, he prepares to convince her to pursue a reverse mortgage.
 

Autos


The new Subaru Impreza WRX, a favorite of rally racers, is still uncivilized for normal, everyday driving. But its $25,495 starting price and its 5.7-second 0-to-60 time offer great bang for the buck. Photos
 

Homes


Congress is moving to lower borrowing costs on "jumbo" mortgages. Lending experts caution, however, that lower costs could be offset by possible new fees and say many homeowners have too little equity to refinance.
 

Travel


Air-traffic controllers are retiring in droves, sparking debate over safety. Airline on-time rates plunged in December, leaving 2007 as the second-worst year ever for delays.
 

Careers


More and more small companies are exploring WiMax, the technology for wireless broadband connections, to improve their office Internet connections.
 

Weekend & Leisure Main Page


It's true for athletes and tourists alike: The hardest part of the Olympics is getting in. But once travelers secure airline and hotel reservations, the city's persistent pollution and traffic congestion pose obstacles. Here are tips to get through the maze.
 

Weekend Journal


It's true for athletes and tourists alike: The hardest part of the Olympics is getting in. But once travelers secure airline and hotel reservations, the city's persistent pollution and traffic congestion pose obstacles. Here are tips to get through the maze.
 

Arts & Entertainment


Musical acts, especially unsigned performers, are increasingly turning to dance routines to promote their songs. The routines are helping drive music sales by taking off on the dance floor and in endless imitations online.
 

Books


James McBride discusses his latest novel, a depiction of a slave rebellion along Maryland's wild Eastern Shore.
 

Opinion


To be a kingmaker, or to promote the cause.


 

Today's Most Popular


By Peggy NoonanDeclarations: Obama now looks poised to beat her. Democrats haven't figured out how lucky they are.


 

Most Emailed Week


By Peggy NoonanDeclarations: Obama now looks poised to beat her. Democrats haven't figured out how lucky they are.

 

Most Emailed Month


By Peggy NoonanDeclarations: Obama now looks poised to beat her. Democrats haven't figured out how lucky they are.

 

Today's Most Popular


By Peggy NoonanDeclarations: Obama now looks poised to beat her. Democrats haven't figured out how lucky they are.


 

Most Viewed Week


Super Tuesday did a good job of laying bare the divides within each party. More than that, it may have exacerbated the splits.

 

Most Viewed Month


Super Tuesday did a good job of laying bare the divides within each party. More than that, it may have exacerbated the splits.

 

Business Insight


When it comes to advancing a career, sometimes the best way to take a step forward is to take a step back. For most people, a promotion is the cure for a stagnating career. But a few pursue a much riskier strategy. We interviewed successful executives who have made contrarian career moves. A few common themes emerged in their stories.
 

Business Technology


Posted by Ben Worthen Someone at Dell just posted the video you see below on YouTube. It shows a struggling business ignoring its tech guy over the decades. Year after year, the techie’s suggestions – store data on floppy discs, use bar codes to manage inventory, databases for targeting marketing campaigns – are dismissed as “typical [...]
 

The Daily Fix


Your guest Fixer today is Darren Everson: All of a sudden, all is less than perfect in the Boston sports world. First the Patriots lose; now the Red Sox lose Curt Schilling. The 41-year-old pitcher is out until at least the All-Star break with a shoulder injury, which may involve a partial tear of his rotator cuff. [...]
 

Deal Journal - WSJ.com


In England, they shipped all their troublesome people to Australia. At General Electric, apparently they ship them to London. In another blow to U.S. pride and corporate tax revenues, the conglomerate is packing up its consumer finance division from its current Stamford, Conn. headquarters and sending it to London, England. But can the unit flee [...]
 

Developments


In Philadelphia, there’s been some buzz about a new community of solar, zero-energy residences, built to produce as much energy as they consume. Maple Point Solar Town Homes are going up in the city’s Juniata neighborhood bordering Fairmount Park, and will be featured on the local ABC affiliate’s Primetime Weekend program at 7 p.m. on [...]
 

Independent Street


Small businesses often give company stock to employees, through employee stock-ownership plans, 401(k) matching contributions or as stock options. But while stock can be an effective motivator, it comes with perils as well, as my recent article, “Manufacturer Pushes Stock Diversification” points out. The problem: If a company’s stock performs well, employees tend to hold on [...]
 

The Informed Reader - WSJ.com


We have had an exciting — and informative — year bringing you what we thought was some of the best in journalism from sources around the world. We are retiring Informed Reader in order to focus on other journalistic pursuits, but we didn’t want to leave without highlighting a few stories from the past year [...]
 

Law Blog - WSJ.com


Wowza. Could there be a new law firm atop the AmLaw 100 this year? That’s the question the Recorder asked in a story today and might well be the Big-Law parlor game leading up to May, when the rankings are typically released. Why bring the topic up now? Because Latham & Watkins this week released [...]
 

The Juggle - WSJ.com


iStockphoto On a recent evening during New York City rush hour, I was crammed into a packed subway car. Just as I was feeling sorry for myself for being forced to snuggle with strangers, I saw a very pregnant woman trying to make her way through the crowd. I reminded myself that no matter how uncomfortable [...]
 

MarketBeat Blog - WSJ.com


The vaunted stimulus package has passed through both bodies of Congress and looks headed for the President’s signature at some point next week. Similar to Jim Cramer’s “We’re saved!” reaction to the Federal Reserve’s action on the discount rate last year, the National Association of Realtors exhaled today. “We believe the economic stimulus bill that [...]
 

The Numbers Guy


To secure the Democratic nomination for president, either Sen. Hillary Clinton or Sen. Barack Obama will need to secure 2,025 delegates. Depending on which account you accepted Friday morning, Ms. Clinton was either leading the delegate race, with more than half the needed total, or trailing Mr. Obama with both candidates shy of the halfway [...]
 

Online Today - WSJ.com


Fiscally Fit: It’s open enrollment season again — Terri offers advice on how to avoid common mistakes. Tech Diary: What do people think about the new high-tech GPS computers that have been installed in New York City taxis? Andy Jordan rides along for an evening with a Cyndi Lauper-loving cabbie to find out. On [...]
 

Economics Blog


A number of people on Wall Street have noticed a recent plunge in non-borrowed reserves in the banking system and wondered it is a sign of distress in the banking system or of unusually stringent monetary policy. They dropped from $42 billion last November to negative $2 billion at the end of January. It’s probably a [...]
 

Washington Wire - WSJ.com


Amy Chozick reports on the presidential race from Richmond, Va. Virginia Democrats gathered tonight for the Jefferson-Jackson Dinner to hear Hillary Clinton and Barack Obama take the stage to promote the Party –and themselves. The quintessential red state hasn’t elected a Democrat since Jimmy Carter but the more than 6,000 Democratic Party donors and activists who [...]
 

The Wealth Report - WSJ.com


Remember the 1980s when the Japanese seemed to be buying up all the real estate in New York and California? Or the 1970s when the Saudis seemed to be buying up all the Rolls Royces and gold faucets in the world? These days, it seems like the Russians are emerging as the new kings of conspicuous [...]
 

Whosnews Blog - WSJ.com


(San Antonio)—Claude P. Moreau was named senior vice president, marketing, for this refiner, effective immediately. He succeeds Dan Porter, who continues as senior vice president, supply and optimization. Mr. Moreau, 53, was vice president, marketing.