Steelworkers, U.S. Steel Reach Tentative Contract Agreement

The United Steelworkers union has struck a tentative agreement for a new labor contract with U.S. Steel Corp.

 
Sears Seeks to Repair Fraying Supply Chain in Bankruptcy

The retailer says about 200 suppliers recently stopped shipping goods and that it needs to pay transportation carriers and logistics companies to keep remaining merchandise moving.

 
Adobe Sees Expanded Addressable Market

Adobe Systems said it now sees a better financial opportunity and released targets for fiscal 2019 that were roughly in line with Wall Street expectations.

 
Bank of America Profit Rises 32%

Bank of America, the second largest U.S. lender by assets, reported third-quarter net income rose 32% as the bank continued to benefit from a strong economy, higher interest rates and recent federal corporate tax changes.

 
Some Top Wall Street Executives Shun Saudi Conference

The fallout from dissident journalist Jamal Khashoggi's disappearance may jeopardize what Wall Street saw as a Saudi fee bonanza, as CEOs of JPMorgan, Blackstone and BlackRock announced they're pulling out of a high-profile investment conclave this month.

 
Icahn to Oppose Dell's Purchase of DVMT Tracking Shares

Carl Icahn revealed an 8.3% stake in DVMT and says he plans to vote against Dell's plan to buy the stock as part of a deal intended to return Dell to the public markets.

 
Delta Signs Up as First Big U.S. Customer for Airbus Data-Tracking

Delta Air Lines has agreed to join an Airbus data-analysis network that crunches real-time information about airplane components to spot problems early and improve operations.

 
Climate Change Holds Risks for Beer Makers, Too

Big brewers are taking steps to maintain supplies of barley, the main crop used in beer, amid climate change. A new study suggests their preparations might not be enough.

 
Porsche Slams the Brakes on IPO Speculation

Porsche reined in its finance chief after he fueled speculation that the company was discussing a potential listing of a super luxury group combining Porsche, Lamborghini, Bugatti and Bentley that could value the group at up to $81 billion.

 
Upstart Exchange Looks to Profit From Wall Street Fear

MIAX will launch new options on an index for volatility traders. The SPIKES measure touts itself as a speedier competitor to Cboe's VIX.

(END) Dow Jones Newswires

October 15, 2018 17:00 ET (21:00 GMT)

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