China Proposes Easing Rules for Foreign Investors

The proposal marks the latest effort to liberalize the country's financial sector.

NYSE CEO: Public Has Lost Trust in Market

The top executive of the New York Stock Exchange told lawmakers that investors have lost faith in a financial marketplace that has evolved to prize speed and complexity over long-term investing.

KPN's Talks on E-Plus Sale Fail

Dutch telecommunications company Royal KPN has lost its best option for warding off a partial takeover by Mexican mobile giant America Movil after talks with Spain's Telefónica over merging their German assets failed.

Starwood to Add 100 Hotels in China

Starwood plans to open 100 new hotels in China in an effort to win a bigger share in one of the world's fastest-growing travel markets.

Facebook Stock Rides a Turnaround

Facebook shares slipped Wednesday, breaking a four-session "win" streak. But the tick lower did little to dent the more-than-20% climb for the stock over the past two weeks, a stark turnaround from its early troubles.

WPP to Buy Digital Marketing Firm

WPP is acquiring digital marketing agency AKQA, as the ad giant continues its digital buying spree.

Clear Channel on Hunt for Deals

The CEO of Clear Channel Outdoor Holdings said the outdoor-advertising company is interested in acquisitions world-wide, particularly in China and Latin America. He expects industry consolidation

Microsoft Pulls From Apple Playbook

Microsoft's first personal computer, the Surface tablet, provides further evidence that Apple's strategies and success continue to shake up the tech sector.

MetLife's Bank Sale Likely Delayed

The sale is a prerequisite for the insurer's effort to shed its "bank-holding-company" status and gain freedom to boost its dividend and restart a share-repurchase program.

Europe, Weak Economy Pressure Fed

Federal Reserve policy makers, meeting amid growing concerns about the U.S. recovery and the European debt crisis, have an array of options if they decide the economy needs an added boost.

FedEx CEO Predicts Industry Shift

FedEx's chief predicted fundamental changes in the global freight business, with air carriers facing added competition from ships and more focus going toward customized delivery options.

CFTC Seeks Trade Brakes

A CFTC subcommittee is expected to propose a roughly 60-word definition of high-frequency trading that would define it broadly, a bad sign for traders who had hoped for narrower language.

Nook Searches for Niche

Barnes & Noble said its digital-book business reported a wider operating loss as Nook e-reader device sales fell, underscoring the tough competition in the field. While the book seller's overall loss narrowed, Wall Street was looking for more improvement.

Coke, Ford See Pluses in Facebook Campaigns

Coca-Cola's and Ford's marketing chiefs offered support for Facebook marketing campaigns amid lingering doubts over the value and ability to measure results using ads on the social network.

For Europe's Haves, Borrowing Pays

The divide between Europe's haves and have-nots became starkly apparent as investors flocked to some of the continent's lowest-risk, lowest-returns bonds while forcing Spain to pay up to borrow.

Dow Jones President Resigns

The president of Dow Jones, Todd Larsen, resigned Tuesday after more than two years on the job and 13 years at the company. No reason was given for his departure. Dow Jones is the unit News Corp. that publishes The Wall Street Journal.

Marriott to Invest Billions in New Hotels

Marriott plans to invest $2 billion over the next three years to open new hotels globally, expanding to 100 countries from 70 and investing an additional $600 million to renovate existing locations and update technology.

China Expected to Approve ETFs Linked to Hong Kong

China is likely to approve in late June plans to launch two investment products that will give investors in both mainland China and Hong Kong access to stocks in each other's markets for the first time.

Satellite Air-Traffic Control Nears

Iridium plans to install devices on its next fleet of commercial satellites to continuously monitor airliners and business jets on trans-Atlantic trips, an important step toward eventually replacing radar-based air-traffic control.

Billionaire Ratchets Up Fairfax Tension

Mining billionaire Gina Rinehart faces a battle with the board of Fairfax Media, its journalists and the government over the editorial independence of the Australian newspaper publisher.