| Fed Official Urges Aggressive Action The Fed should do more, including a new program of Treasury purchases and possibly a declaration that it wants inflation to rise for a time, Chicago Fed President Evans said. online.wsj.com |
IMF Meeting Fails to Ease Currency Fights The International Monetary Fund's annual meeting failed to ease currency battles roiling markets, pushing the dispute off to a summit next month of leaders of the Group of 20 countries, with no clear resolution in sight. online.wsj.com |
Macau's Cotai Dispute Intensifies An arm of U.S. investment firms Oaktree Capital Management and Silver Point Capital filed suit against its joint-venture partners in Macau, escalating a dispute over a long-delayed $2.4 billion casino-resort project. online.wsj.com |
Wells Fargo Profitably Rides Mortgage Boom Wells Fargo& Co. harnessed a giant surge in mortgage originations in the third quarter to post record earnings, even as new regulations and a soft economy hurt other revenue such as overdraft fees and loan payments. online.wsj.com |
Lorillard Net Rises 17% Lorillard's earnings rose 17% as the third-largest U.S. cigarette manufacturer reported higher prices and shipments. online.wsj.com |