What's News: Business & Finance -- WSJ
November 22 2019 - 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 (November 22, 2019).
Schwab is in talks to buy TD Ameritrade in a deal that would
reshape the discount-brokerage market, where millions of individual
investors buy and sell stocks.
The dominant U.S. tech platforms for digital political
advertising are taking steps to limit the level of detail that
campaigns or other groups can use to target voters.
WeWork said it would shed around 2,400 jobs, or about 17% of its
workforce, following the botched IPO.
Musk unveiled the newest vehicle in Tesla's lineup, an electric
pickup that he has dubbed "Cybertruck."
Blackstone has closed the door on its giant rental-home gambit,
selling the last of its stake in Invitation Homes.
Xerox raised the prospect of a hostile bid for HP if the rival
firm doesn't reconsider Xerox's $33 billion offer.
Banks have all but abandoned the Fed's discount window,
straining Wall Street's postcrisis infrastructure.
Shares of ArtGo crashed 98% after MSCI dropped plans to add the
Hong Kong-listed firm to its indexes.
The Dow and S&P 500 both lost 0.2%, falling for a third
straight session.
Macy's said sales declined in the third quarter, and Nordstrom
and Gap added to the negative drumbeat.
Kroger is turning back to the basics of selling groceries after
trying to sell too many new products and renovate too many stores
at once.
(END) Dow Jones Newswires
November 22, 2019 02:47 ET (07:47 GMT)
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