What's News: Business & Finance -- WSJ
February 23 2018 - 3:02AM
Dow Jones News
This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the U.S.
print edition of The Wall Street Journal (February 23, 2018).
Initial coin offerings are on pace to top last year's sales
despite the recent plunge in bitcoin and other
cryptocurrencies.
China's insurance regulator took control of Waldorf owner
Anbang.
The New York Fed chief warned of "speculative mania" in
cryptocurrencies.
Securities regulators plan to pare back requirements that mutual
funds disclose large holdings of hard-to-sell assets.
The SEC is weighing a move to let all firms hold private talks
with investors before announcing IPOs.
Trump ex-adviser Powell is talking to Goldman about returning to
the firm.
Goldman said it raised $2.5 billion to buy stakes in
private-equity firms.
J.C. Flowers and Cerberus agreed to buy German lender HSH
Nordbank for up to $1.2 billion.
The Dow and S&P 500 rose as concerns eased over the pace of
rate increases. The industrials gained 164.70 points to
24962.48.
MiMedx hasn't reported to the government payments that the
tissue-graft company made to doctors.
Ford named a new North American chief after Nair resigned due to
misconduct allegations.
SpaceX launched a payload with prototypes of its communications
satellites.
CBS named veteran journalist Brennan as new anchor of "Face the
Nation."
(END) Dow Jones Newswires
February 23, 2018 02:47 ET (07:47 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.