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LATEST HEADLINES

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Iowa Race Down to Wire
Mitt Romney, seeking to cement his position as front-runner, sounded broad themes of patriotism as he and five GOP rivals crisscrossed Iowa a day before the nation's first nominating contest.
- Photos: Out and About in Iowa
Arab World Diplomacy Fails to Stop Syria Clash
The Arab League conceded that outside observers have failed to halt the lethal violence in Syria's 10-month civil conflict, exposing pitfalls of the organization's self-reinvention as a regional diplomatic playmaker.
- Map: Regional Upheaval

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New Hurdles Loom in Euro Crisis
The coming year will be a make-or-break one for the euro zone, as a crisis that began two years ago in tiny Greece threatens to engulf larger countries at Europe's core.

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German-French Summit Set for Jan. 9
Europe at the Brink: A WSJ Documentary

What’s News —

Business & Finance

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Bridgewater Stays Gloomy for 2012
Bridgewater Associates has made big money for investors in recent years by staying bearish on much of the global economy. As the new year rings in, the hedge fund firm has no plans to change that grim view.
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Fragile Banks Remain Afloat
Ninety-two banks failed in 2011, well below the previous two years' totals, and the list of "problem banks" is shrinking. So is the era of troubled banks over? Don't bet on it.
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PC Firms Bet on Ultrabooks
Intel's crusade to redefine the personal computer is entering a crucial phase, as a new breed of sleek skinny portables jostle for consumer attention.
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Caterpillar, Rio Lock Out Workers
Caterpillar and Rio Tinto opened the new year by getting tough in contract disputes with Canadian unions.
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Exxon Dealt Setback in Venezuela
An international arbitration panel awarded Exxon Mobil about $908 million in a verdict over nationalized oil assets in Venezuela. The oil giant was seeking as much as $7 billion in restitution.
European Stocks Rally
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Currency Traders Watch Bond Sales
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Chinese Court Accepts Conoco Suit
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'Mission: Impossible' Hangs In at No. 1
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Euro-Zone Manufacturing Falls
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Asia's Export Economies Slow
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Car Sales Fall Sharply in France, Spain

Management

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Ready to Try On Mr. Buffett's Shoes
It is tough to follow a legend. But this month, Ted Weschler—investment assistant to Warren Buffett—will give it a try.
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Teva CEO Will Retire in May
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Race Affects How Leaders Are Assessed

World

Police Make Arrest in Los Angeles Fires
Police arrested a man Monday in connection with more than 50 suspected arson fires in the Los Angeles region that burned cars and caused extensive property damage, keeping residents on edge over the holiday weekend.
- Photos: Arson Attacks Strike Area
Iran Tests Missile Near Shipping Lane
Body Found in Rainier Manhunt
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Lee Sees Chance for North Korea Ties

Health

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When Nurses Catch Compassion Fatigue, Patients Suffer
Hospitals are fighting compassion fatigue—a mix of emotional stress and burnout—amid a shortage of nurses and concerns about patient care.
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Hiccup Remedies to the Rescue

Editors' Picks

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China's New Leaders Get in Line
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McCormick Spices Up Products for Home Cooks
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How MF Global Was Undone

Video

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Politics & Campaign

Iowa Caucuses Down To the Wire
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- <![CDATA[<fb:like data-dj-widget="onvisible.module" data-dj-module="dj.module.facebook.connect" layout="button_count" width="" height="21" send="false" show_faces="false" href="http://online.wsj.com/video/is-a-top-hat-over-the-top/F07C6B39-4662-4CB6-969A-B3F63F3C6310.html"></fb:like>]>
Politics & Campaign
Iowa Caucuses Down To the Wire
In Video Center»
World
Carlyle Hotel Owner Now Among World's Richest
In Video Center»
Fashion
Is a Top Hat Over the Top?
In Video Center»

Year-End Review

World's Woes Leave Scars
Investors go into 2012 hunkered down, frustrated and skeptical, after a year where many learned they had underestimated just how volatile and unpredictable life would be as developed economies contend with debt.
- Read the complete Year-End Review
Why the U.S. May Be Your Best Bet
Emerging Questions on Growth Path

Life & Culture

The Nanny's Secret
A trove of 100,000 images revealed posthumously.

Sports

MSG Blackout on Time Warner Continues
Madison Square Garden's MSG sports network remains blacked out for two million Time Warner Cable subscribers in the New York area amid a contract-renewal dispute.

Business

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Maersk CEO On Leave After Heart Operation
Nils Smedegaard Andersen is expected to fully recover after having cardiac valve replaced during Swiss vacation.
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Ohio Shuts Wells Following Quakes
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Ruffalo Takes on Challenges of Playing the Hulk

Tech

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China Issues Rules on Web Competition
Chinese regulators released new rules covering competitive practices in the country's booming Internet industry, saying they will help protect the rights of both companies and users.
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LightSquared Gets Reprieve
Verizon Drops Plan for $2 Fee

Markets

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Europe's Turn to Pull the Economic Brake
Europe's debt crisis may have been the story of 2011, but the full brunt of its impact on the economy won't be felt until 2012. The damage may be less than in 2008, but that is nothing to celebrate.
In 2011, Nothing Worked Like a 'Dog'
Dollar Defied Reality

Personal Finance

Refinancing Deals Get Sweeter
Mortgage rates have fallen to new record lows — and banks are rolling out new incentives to win business.

U.S.

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Quirky Caucuses Shape Start of Long Contest
The Republican Party of Iowa calls the caucuses "among the most transparent, grass-roots-based political activities in the country." But for those outside the Hawkeye State, the procedures can be obscure.
Penn State: No Coach Hired Yet
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Occupy Protesters Arrested in Iowa

World

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Iran's Currency Slumps
Iran's currency hit a record low on Monday, two days after the U.S. signed into law a bill targeting Iran's central bank.
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Spain Moves to Curb Deficit
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Myanmar Cuts Prison Sentences

Management

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Gold Tycoon Rides Crest of Asian Boom
When $2 billion in IPO proceeds landed in his family's bank account, Cheng Yu-Tung emerged as one of the richest men in Asia, with a fortune built on the commodities that drive China—gold and land.
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Another Kodak Board Member Quits
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Court Frees Up Hurd Letter

Health

Giving Antidepressants a Boost With a Vitamin
Could a vitamin make antidepressants work better? There's growing buzz, and some new research, on Deplin, a prescription form of the B-vitamin folate.
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Relieving Neck Pain
Secrets of the Operating Room

Life & Culture

Switzerland's Best Fondue
Traversing cantons to find the tastiest combination of rich, gooey cheese and crusty, flavorful bread.
Guitar Tricks for a Middle-Aged Dog
Indian Snacks That Pack a Punch

Opinion

Kimberley Strassel: Mr. Good Enough
Mitt Romney lost the nomination in 2008 because of his lack of focus and a reputation for shifting his message. He's learned something this time around.
The Super PAC Boomerang
Andy Kessler: The Rise of Energy Consumption

New York

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Water Worries Vex Residents of Vaux
For some who live in a building on the Upper West Side, the views of Central Park may be clearer than their tap water.
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Two Dead in Shoot-Out After Long Island Robbery
Teacher Evaluation Effort Derails

Sports

Fiesta Bowl Live Blog: Stanford-Oklahoma State
Minute-by-minute analysis of the Fiesta Bowl in Glendale, Ariz. between the No. 3 Cowboys and the fourth-ranked Cardinal. Stanford leads, 7-0.
Oregon Redefines Run for the Roses
The Big Ten Has Seen Better Days

Careers

Job Seekers, Creativity and Flexibility Count
In addition to the standard prerequisites, in 2012 employers will be looking for workers who can quickly adapt to new responsibilities.
Taking the Nonprofit Route for Launching Your Career
Where Business Thinkers Learn Their Lessons

Real Estate

Poll: The Most Popular Houses of 2011
Take a look at homes featured as the "House of the Day" that were the most-viewed in 2011.
Top Architects Go Local
In Napa, Blending a House and Winery

Small Business

Workplace Wonderland
Davison International Inc., a 285-employee company that designs and creates kitchen gadgets, toys and other consumer products, turned a 61,000 square-foot Pittsburgh, Pa., building into a hub of unusual work spaces, adding areas such as a pirate ship, a tree house and a castle.
Small Businesses Are Optimistic, Sort of
Using Social Gaming in Health Care

Offers

Exclusive Holiday Offers from the Journal See today's Offers

Shake up your holiday season with exclusive daily offers from The Journal

See today's offers

Market Data Center

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Source: Dow Jones, SIX Telekurs, ICAP plc

MARKET NEWS

How to Read this Chart

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Current price, up from close
Price at prior day's close
Current price, down from close
Low

The Daily Fix

Fiesta Bowl Live Blog: Stanford-Oklahoma State
Minute-by-minute analysis of the Fiesta Bowl in Glendale, Ariz. between the No. 3 Cowboys and the fourth-ranked Cardinal. Stanford leads, 7-0.
Oregon Redefines Run for the Roses
The Oregon Ducks held on for a 45-38 victory over Wisconsin in the Rose Bowl.
Will Merce Cunningham's Works Survive?
The Merce Cunningham Dance Company ended 2011 with a series of superb performances—the troupe's last before it ceased operations. Who will now carry on the choreographer's tradition?
How to Tackle Challenging Works
Cynthia Crossen on getting through "The Iliad" and other demanding reading—and when it's OK to give up on a book.
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Here's to a Good Year: 10 Wine Resolutions
Wine columnist Jay McInerney makes plans for 2012: more Riesling, more Chenin Blanc and no wine at charity benefits.
Top 10 Articles of 2011
From the Tiger Mom to Tim Tebow, China's stealth jet and a raid at guitar-maker Gibson, take a look back at the top 10 most-read Wall Street Journal articles of 2011.

Photos

The best images from 2011 as rated by WSJ readers, from a basketball game on an aircraft carrier to a gigantic drill slicing through the Swiss Alps and the devastation of famine in Africa.
Arson Attacks Strike Los Angeles Area
Police detained a man early Monday for questioning in a string of more than 50 apparent arson fires in the Los Angeles region that have set residents on edge and prompted a stepped-up police presence over the holiday weekend.

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