What's News: Business & Finance -- WSJ
December 19 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 (December 19, 2019).
The SEC approved a proposal that would expand the number of
people allowed to invest in private securities offerings, hedge
funds and private-equity funds.
Univision has attracted interest from several potential suitors.
A deal would give the firm's private-equity owners a long-sought
exit.
Broadcom is looking to sell one of its wireless-chip units, a
move that would accelerate the company's shift away from its
roots.
Fiat Chrysler and PSA, having signed their merger deal, now face
the task of winning regulatory approval in the U.S. and Europe.
A federal judge granted Ebbers early release from prison because
of the former WorldCom chief's deteriorating health.
FedEx shares fell 10%, highlighting investor concerns about the
challenges weighing on the delivery giant's profitability.
Uber reached a settlement with the EEOC after the agency found
that the company had allowed a culture of sexual harassment.
An SNC-Lavalin division pleaded guilty to fraud in connection
with its past activity in Libya as part of a deal with Canadian
prosecutors.
New York Life agreed to pay $6.3 billion in cash for a Cigna
unit that sells nonmedical insurance products to employers.
Boeing is being sued by an aircraft-leasing firm that is seeking
to cancel an order for 737 MAX jetliners.
(END) Dow Jones Newswires
December 19, 2019 02:47 ET (07:47 GMT)
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