What's News: Business & Finance -- WSJ
November 16 2019 - 03:02AM
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 (November 16, 2019).
Hospitals and insurers would be forced to disclose their secret
negotiated rates under a far-reaching plan released by the Trump
administration.
The Dow gained 0.8% to close above 28000 for the first time,
notching a new high as fading recession fears extended the
decadelong bull-market rally.
Americans spent more on shopping in October while pulling back
on nonessential items, suggesting consumers' willingness to buy
remained solid but more cautious.
J.C. Penney reported another quarter of falling sales but
boosted part of its financial outlook for the retailer's fiscal
year.
The UAW said it secured a new labor deal at Ford after unionized
workers at the company's U.S. factories voted to back the
agreement.
A group representing big miners published draft proposals for
strict new standards governing mine-waste dams.
Taylor Swift and her former label traded barbs in an escalating
dispute over the pop star's right to perform her old hits.
Disney-controlled Hulu said it is raising the price of its live
and on-demand TV offering next month.
(END) Dow Jones Newswires
November 16, 2019 02:47 ET (07:47 GMT)
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