What's News: Business & Finance -- WSJ
March 20 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 (March 20, 2018).
Uber suspended testing of its self-driving cars after one struck
and killed a pedestrian in Arizona in the first known fatality
involving an autonomous vehicle.
Saudi Arabia is scaling back its Aramco IPO ambitions, moving
ahead with a listing next year solely on the Saudi stock
exchange.
Stocks sank amid a tech selloff. The Dow slid 335.60 to
24610.91, falling into negative territory for the year.
Oracle disappointed Wall Street with its guidance for
cloud-computing revenue in the current quarter.
Weinstein Co. is filing for chapter 11 as part of a deal struck
by Lantern Capital to buy the firm's assets.
Newell enlisted Icahn to fend off a campaign by activist
Starboard Value.
A lawyer for Wynn told the FBI after a woman threatened to go
public about alleged sexual misconduct.
A group of women at Nike last year circulated a survey about
alleged inappropriate behavior by men at the firm.
Activist Sherborne said it has taken a 5.2% stake in Barclays,
stepping up pressure for a turnaround.
The SEC announced record whistleblower awards, which were tied
to a 2016 settlement with BofA.
Boeing dropped its opposition to United Technologies' deal with
Rockwell.
VW said it would spend $340 million to build a new SUV in
Tennessee.
(END) Dow Jones Newswires
March 20, 2018 02:47 ET (06:47 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.