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WSJ.com: US Business
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US Business
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Withdrawals Continue at Kabul Bank
Afghans continued pulling money from Kabul Bank—their country's largest bank—Saturday, despite assurances from top officials that the lender was financially secure.
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BP Replaces Blowout Preventer
BP has placed a new blowout preventer at the top of the well that unleashed the Deepwater Horizon oil spill, and it is moving forward with a procedure to bring about its final demise.
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KT to Sets iPhone Date
South Korea's KT Corp. will start selling Apple's iPhone 4 in the country on Sept. 10.
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Kremlin to Nominate Rosneft CEO
The Russian state will nominate Rosneft's first deputy President Eduard Khudaynatov to head the company, a spokesman for Russian President Dmitri Medvedev said.
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Libor Falls as Banks Sit on Cash
A key interest rate on short-term loans between banks is at its lowest level in five months, but the decline may be more a sign of bank caution than an all-clear for the financial markets.
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Goldcorp to Buy Andean
Canadian miner Goldcorp said it had reached a deal to buy Andean Resources in a deal that values the gold company at around $3.42 billion.
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UPS Cargo Plane Crashes Near Dubai
A UPS cargo plane crashed Friday evening after takeoff near Dubai, killing two pilots in the package delivery giant's first fatal aircraft accident.
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Goldman to Close Prop-Trading Unit
Goldman Sachs has decided to close its principal-strategies unit, which does its proprietary trading, in the wake of financial-overhaul regulation passed by Congress.
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Texas Probing Google's Searches
Google said the Texas attorney general's office is conducting an antitrust review of the Web giant's core search-engine business, another sign of growing government scrutiny of the company.
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Cuomo Probes Cards' School Ties
New York State Attorney General Andrew Cuomo announced a statewide investigation of credit-card companies marketing to college students through schools.
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