EADS Reshapes Itself as Airbus Group - Wall Street Journal

LONDON—European Aeronautic Defence & Space Co. on Wednesday set out a radical revamp of its activities, bringing its defense and space operations under one roof and renaming the company Airbus Group in a bid to streamline the company's structure, improve profitability and sharpen its corporate image.

The move is primarily aimed at reducing vulnerability in its defense division as governments world-wide rein in military spending, and after the failed merger with the U.K.'s defense company BAE Systems PLC last year.

"We ...

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Obama Offers New Deal on Corporate Taxes, Jobs - Wall Street Journal

A White House proposal to pair a corporate tax overhaul with new domestic spending elevated the contentious issue of tax policy to the fore in budget negotiations and appeared to give a shot of momentum to changes long supported by some of the largest U.S. companies.

The proposal, laid out Tuesday in a speech by President Barack Obama, raised the prospect that corporate taxation would now be high on the list of items under discussion as the White House and congressional Republicans negotiate federal spending levels for next year and the terms for raising the debt ceiling, both of which ...

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SEC Charges Texas Man in Bitcoin-Related Ponzi Fraud - Wall Street Journal

Regulators on Tuesday charged a Texas man with running a Ponzi scheme promising big returns on the virtual currency bitcoin, and warned individual investors to be wary of similar frauds.

The move by the Securities and Exchange Commission is the latest action by regulators to rein in suspicious activity associated with virtual currencies.

"We are concerned that the rising use of virtual currencies in the global marketplace may entice fraudsters to lure investors into Ponzi and other schemes in which these currencies are used to facilitate fraudulent, or simply fabricated, investments or transactions," the SEC said in ...

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What to Watch for in Samsung's Earnings - Wall Street Journal

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