Uber Borrows $2 Billion in Debut Bond Sale 
 

Uber Technologies sold its first-ever bonds, issuing $2 billion of debt to fund operations as it prepares for an IPO expected next year.

 
U.S. Startup Accuses Huawei of Trying to Steal Its Technology 
 

An escalating battle between the U.S. and China for tech supremacy is playing out in federal court between Huawei Technologies and a Silicon Valley startup backed by Microsoft and Dell Technologies.

 
Banker Who Drives for Uber Puts Morgan Stanley in Lead to Land IPO 
 

As Uber's market debut looms, Morgan Stanley's top tech banker has taken center stage. He has moonlighted for years as a driver for the ride-hailing service, which may help the bank win the role of top underwriter.

 
Secretive Data Company Palantir Weighs Giant Public Offering 
 

Data-mining giant Palantir Technologies, one of Silicon Valley's most secretive companies, is weighing an initial public offering likely to be among the largest in recent years.

 
Invesco to Buy OppenheimerFunds from MassMutual 
 

Invesco has agreed to buy rival money manager OppenheimerFunds for roughly $5.7 billion in stock from Massachusetts Mutual Life Insurance.

 
Novartis to Buy Cancer-Drug Maker Endocyte for $2.1 Billion 
 

Novartis said it would buy cancer-drug maker Endocyte for $2.1 billion, the Swiss pharmaceutical giant's latest move to refocus on higher-value medicines.

 
Blackstone Profit Jumps, Helped by Rising Markets 
 

Blackstone Group reported an increase in third-quarter profit, as continuing market strength buoyed the value of its investments.

 
5G Has Arrived. It's Been A Long Wait for Ericsson, Nokia. 
 

After years of stagnant sales, the push to build new 5G networks is finally paying off for the world's telecom-equipment makers.

 
Travelers Profit Rises as Catastrophe Losses Shrink 
 

Travelers earnings rose in the third quarter as catastrophe losses fell from the prior year.

 
Higher Costs Hit PPG 
 

Paint and coatings maker PPG Industries said higher prices and cost cuts weren't enough to cover rising expenses for its ingredients.

 
 

(END) Dow Jones Newswires

October 18, 2018 11:00 ET (15:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.