What's News: Business & Finance -- WSJ
June 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 (June 20, 2018).
Verizon, AT&T and Sprint pledged to stop selling the
locations of customers to two firms amid accusations that one
mishandled data.
AT&T is in talks to acquire advertising technology firm
AppNexus, a deal that would give the telecom giant a foothold in
digital ad sales.
Global stocks, commodities and bond yields tumbled on trade-war
fears. The Dow fell 287.26 points, or 1.1%, to 24700.21.
GE will drop out of the Dow, a milestone in the firm's decline.
Drugstore retailer Walgreens will replace it.
A McKinsey fund held investments that gave it a financial
interest in six bankruptcy cases in which the firm was an
adviser.
Ford and VW are exploring a strategic alliance that could
include jointly developing commercial vehicles.
Audi's CEO stepped aside following his arrest in connection with
an emissions-cheating probe.
U.S. housing starts rebounded in May to the highest level since
2007.
Starbucks plans to close more stores in the increasingly crowded
U.S. market.
Carl Icahn won a majority of seats on SandRidge Energy's
board.
KKR is exploring the sale of European telecom operator United
Group.
(END) Dow Jones Newswires
June 20, 2018 02:47 ET (06:47 GMT)
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