Business News, Finance News, World, Political & Sports News from The Wall Street Journal

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Mulally Worries
About U.S. Rivals
The Ford CEO said he is confident his company can survive but has growing concerns about the fates of GM and Chrysler after all three released detailed plans in a bid to secure government loans.
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Beige Book Shows Weakness
A Fed report shows that U.S. economic activity has weakened even further, adding to this week's dismal financial news. (Report)
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Goldman Considers Online Bank
Goldman is weighing the launch of an Internet banking operation in an effort to broaden funding sources.
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RIM Lowers Outlook
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Retail Sales May Show Drop
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AOL Veteran Eyes Yahoo Deal

Google Gears Down
For Tougher Times
Google is ratcheting back spending and cutting new projects and employee perks as revenue growth has slowed dramatically over the past year.
- Interactive Graphic: Re-Creating Google?
A User's Guide to Twittering

Shalom, Kiosk Christmas Shoppers
Amid a grim holiday season, mall shoppers are being besieged by a determined crop of salespeople: young Israelis who man mobile carts and have a no-holds-barred selling style.
- Video: The Sound of Recruitment
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Cyber Monday Sales Jump 15%

Jones Urges Broad Plan for Afghanistan
James Jones, Obama's new national security adviser, said a U.S. troop surge in Afghanistan will work only if other efforts are made to bolster the government.
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Europe's Economic Slump Deepens
Postwar Aid Buffers Georgian Economy

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Adobe Plans to Cut 600 Jobs
Adobe cut its fiscal fourth-quarter earnings guidance and said it plans to cut 600 jobs, or about 9% of its world-wide work force.
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Lufthansa May Buy Austrian Airlines
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Neuberger Team Wins Bid for Lehman Unit

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Fortress Halts Withdrawals at Macro Fund
Fortress Investment Group said that it has temporarily suspended redemptions from the Drawbridge Global Macro Master Fund Ltd and certain other funds.
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China Stability Plans Include Yuan
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Three Bidders Chasing Lehman Unit

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Telecom Italia to Cut 4,000 Jobs
Telecom Italia unveiled a plan to reduce debt and trim costs through 4,000 job cuts and disposals of noncore assets valued at as much as $3.8 billion.
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Court Rebuffs Vodafone
Two Executives Leave EMI Group

Which Deals Offer Lasting Delight?
The array of deals on big-ticket items is tempting. But will snagging that awesome price make you any happier?
Coping With Losers in Your Portfolio
Insurer Dumps Long-Term-Care Policies

Savory and Swedish
Chef Marcus Samuelsson combines traditional and contemporary techniques for an innovative take on Scandinavian cuisine.
Oscar Peterson's Least-Familiar Music
Showroom Showdown

Questions for: Frank Gifford
The retired New York Giant discusses his new book about the 1958 NFL championship, as well the Plaxico Burress controversy.
USC: Best Team, Not the Most Deserving
A Tale of a Young Boxer's Redemption

Time Off for Good Behavior
Want to be charitable in a big way? Consider tapping your employer for support. Although they often don't advertise the fact, many companies are very flexible about backing employees' volunteer efforts.
How to Handle a Lowball Job Offer
Finance Chiefs Face New Pressures

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Whitehall Funds Lose Their Luster
Goldman's Whitehall family of real-estate funds is struggling with weak performance and potentially big losses.
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LandAmerica's Collapse Leaves Investors Looking for Cash
Shun Tak Plans New Macau Hotel

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Rise of Private-Label Products Gives Retailers Clout
As shoppers pack their carts with more lower-priced private-label products, grocery stores may wind up picking up an ancillary benefit of having stronger in-house brands: a bit of leverage in talks with suppliers that make branded goods.
Switching Off Standby Mode
Magic Johnson on Succeeding in Business

In Pictures: Dec. 3
Fighting continues in the Congo, a plane lands in Bangkok, visitors enjoy flooded Venice streets and more.
Will Move Almost Anywhere for Work
A former senior vice president at Lehman expands his job search. Follow him and seven other out-of-work professionals in a post-meltdown world, in our new blog.
We Need a Global Carbon Tax
The cap-and-trade approach won't stop global warming, write Ralph Nader and Toby Heaps.
How Phelps Became the Face of PureSport
Michael Phelps's celebrity gave a little-known, protein-powder maker the clout to win financing, as well as coveted shelf space.
Which Deals Offer Lasting Delight?
The array of deals on big-ticket items is tempting. But will snagging that awesome price make you any happier?
Oscar Peterson's Least-Familiar Music
A new seven-CD set allows listeners to hear Peterson playing with the combination of economy and virtuosity that was Nat King Cole's trademark.
- Song Clips: Body and Soul | How High the Moon