Industries

BP PLC is moving ahead with plans to plug up the blown-out Macondo well drilled by the stricken Deepwater Horizon rig, with a so-called static kill operation expected to start by Monday.

Crude oil prices slid below $78 a barrel Friday after new data showed that the U.S. economy is growing at a slower rate, signaling less future demand for oil products.

Chevron on Friday said its second-quarter net income tripled on higher crude prices and a 3% rise in oil production, as the oil giant beat Wall Street’s profit target.

Funding pressures for European banks are gradually starting to ease following the region’s stress tests, with Spain’s BBVA and Santander both dipping a toe in the bond markets, but weaker lenders may still have to rely on central bank support for some time.

The safe-haven appeal of German government bonds has faded, but it’s not likely to disappear.

Citigroup Inc. will pay $75 million to settle a lawsuit brought by the Securities and Exchange Commission that the bank failed to disclose $40 billion in subprime exposure to investors.

It's rarely a coincidence when you see Web ads for products that match your interests. WSJ's Christina Tsuei explains how advertisers use cookies to track your online habits.

Apple's iPhone 4 is a big hit, but because of production issues customers have to wait for the handset in white until later this year. Meanwhile, Amazon continues its Kindle offensive, releasing new models in white. Rex Crum has the color commentary.

Jon Friedman discusses the impact of Disney's $660 million sale of its Miramax film unit to investors led by Ron Tutor.

The Wall Street Journal's auto reviewer, Dan Neil, reviews GM's new Cruze.

The president declared the controversial bailout of the U.S. auto industry a success that saved more than 1 million auto-related jobs. Neil Boudette discusses from Detroit. Also, WSJ auto reviewer Dan Neil reviews the new GM Cruze.

Surprisingly, consumers are heading to dealerships despite the lack of incentives from auto makers.

As RadioShack’s second-quarter profit rose 8.6%, the imporance demand for mobile phones and other wireless products shows through.

Jones Apparel Group Inc.'s second-quarter profit almost doubles, helped by lowered inventory and a pick-up in consumer demand for brands such as Nine West, its largest label.

Trian Fund Management, through which activist investor Nelson Peltz has invested in food companies from Wendy’s/Arby’s Group Inc. to H. J. Heinz Co., discloses ownership of a stake of nearly 6.6% in discounter Family Dollar Stores, shares of which touch a 52-week high.

Merck & Co. reports sharply lower second-quarter earnings, its bottom line dragged down by costs associated with its recent takeover of Schering-Plough Corp and a continuing restructuring program.

Geron Corp. shares rallied early Friday on news that the U.S. Food and Drug Administration is allowing the company to proceed with the world's first clinical study to test an embryonic-stem-cell therapy on humans.

In an interview with WSJ's Alan Murray, Aetna Chairman and CEO Ronald Williams said that a side effect of the healthcare reform bill is that costs will increase. He also criticized leaders in Washington for the demagoguery of his industry that persisted during the healthcare debate.