The surge in long-term rates has investors speculating once again about a turn in the long decline for bond yields, with much at stake for firms and consumers.

The Dow edged up 21.03 points to a record 18868.69 as gains in bank shares offset tech-sector declines.

Samsung agreed to buy U.S. automotive-technology maker Harman for $8 billion, the South Korean firm's latest attempt to branch out.

SEC Chairman White plans to leave in January, opening the door to a new Republican-appointed leader who could ease regulation.

Facebook and Google announced steps to curb fake-news websites from generating revenue through their ad-selling services.

Siemens is buying Mentor Graphics for about $4 billion, as the German firm pushes to digitize factories.

Regency Centers agreed to acquire fellow real-estate investment trust Equity One for about $5 billion.

China's economy appears on track to grow at least 6.5% this year with signs of slowing in 2017, data show.

UniCredit aims to raise $14.1 billion, part of a plan by the Italian bank to shore up its finances.

Nasdaq named Adena Friedman to be its next CEO, while Robert Greifeld will become chairman.

Berkshire Hathaway disclosed that it had taken stakes in American Airlines, Delta and United.

(END) Dow Jones Newswires

November 15, 2016 02:47 ET (07:47 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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