What's News: Business & Finance -- WSJ
June 21 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 21, 2018).
Disney sweetened its bid for most of Fox to over $71.3 billion
in cash and stock, topping Comcast's unsolicited offer.
Guggenheim Partners is in talks to buy the asset-management arm
of German insurer Munich Re.
Berkshire, Amazon and JPMorgan named surgeon and author Atul
Gawande as CEO of their venture to overhaul workers' health
care.
Cboe is making changes to a monthly auction that determines
final prices of futures tied to the VIX.
U.S. stocks stabilized a day after trade tensions rattled
markets. The Nasdaq rose 0.7% to a record 7781.51 and the S&P
500 gained 0.2%.
Chinese shipper Cosco offered to put a Long Beach, Calif.,
container terminal in a trust to allay U.S. national-security
concerns.
Tesla accused an ex-employee of hacking into its computer system
and sending data to a third party.
Chinese data company Jiguang plans an IPO in New York in the
second half.
Xiaomi plans to raise up to $6 billion in its IPO, sharply
lowering its goal.
Deutsche Bank will pay $205 million to settle a currency-trading
probe by New York's financial regulator.
MSCI returned Argentina to emerging-market status for the first
time in nearly a decade.
AMC is taking on MoviePass with a new movie-subscription
service.
(END) Dow Jones Newswires
June 21, 2018 02:47 ET (06:47 GMT)
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