What's News: Business & Finance -- WSJ
June 22 2017 - 3:02AM
Dow Jones News
Uber CEO Kalanick's ouster was the culmination of weeks of
maneuvering by some of the company's biggest investors.
Giant bond firms increasingly are taking on a price-setting role
in global debt markets, elbowing aside big banks.
Altice USA raised $1.9 billion in its IPO, more money than any
other U.S.-listed telecom since 2000.
Wal-Mart is telling some tech vendors that they can't run their
apps on Amazon's cloud-computing service.
Nike has agreed to sell some of its products directly to Amazon
after formerly refusing to do so.
Theranos has told investors it reached a tentative accord to
settle a suit by Walgreens that alleged the startup breached a
contract.
Top U.S. policy makers are set to propose ways to ease bank
regulation in Senate testimony.
Japan's government seized the lead role in buying Toshiba's chip
unit.
Oracle reported earnings that topped Wall Street's modest
forecasts.
The Dow fell 57.11 points to 21410.03 as oil prices continued to
slide. The Nasdaq posted a gain.
Car buyers are increasingly dissatisfied with semiautonomous
features showing up on vehicles, J.D. Power found.
Diageo agreed to buy upscale tequila brand Casamigos for $700
million.
(END) Dow Jones Newswires
June 22, 2017 02:47 ET (06:47 GMT)
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