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Business & Finance

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  Alstom Bid Draws Scrutiny

  Two of Europe's largest development banks are probing allegations that Slovene government officials helped French engineering giant Alstom scuttle a rival power-plant construction bid by Siemens.

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  Banks Ease Rules on Lending

  Consumers found it easier to get credit cards and auto loans in the first quarter of 2012, but standards for home and business loans remained tight.

  • Heard: Housing's Attractive Formation

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  U.S. Considers Notes That Float

  After a series of meetings early this week, Treasury officials will decide whether to start issuing floating-rate debt for the first time ever.

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  U.K. Hacking Report Out Tuesday

  The U.K. parliamentary committee that has been looking into illicit voice-mail interception by 's now-closed News of the World tabloid will release a final report on Tuesday.

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  GE Turns Eye to Australia

  For GE, Australia is set to generate more revenue this year than China. The shift reflects a significant rethinking of the current value of China for GE.

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  Freddie, Fannie Departures Escalate

  Executive departures at Fannie Mae and Freddie Mac are raising concerns about a possible brain drain at the mortgage giants.

  • Homeownership Slips to 15-Year Low

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  Junk-Rated Companies Showered With Loans

• Asian Shares Mixed

• Legal Eagles in Cross Hairs

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  Coke Explored Talks With Monster Beverage

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  Fabled Sahara Gets Back in Game

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  United Pilots Want Talks Declared at Impasse