What's News: Business & Finance -- WSJ
October 04 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 (October 4, 2019).
Barr is asking Facebook to hold off on plans to add end-to-end
encryption throughout its messaging services, citing public safety
in a push to delay a strategic shift Zuckerberg outlined earlier
this year.
The EU's top court gave bloc judges broader power to order the
removal of Facebook posts.
MGM Resorts agreed to pay up to $800 million to survivors and
relatives of victims of the 2017 mass shooting in Las Vegas.
U.S. stocks rebounded after two losing sessions as investors
anticipated a rate cut. The S&P 500 and the Dow gained 0.8% and
0.5%, respectively.
U.S. services-sector activity last month expanded at its slowest
pace in three years, prompting fears of a wider economic
setback.
Amazon and Walt Disney are in a dispute over terms governing
Disney apps carried on Amazon's Fire TV streaming-video player.
An investor group is preparing a bid of about $220 million to
take control of Barneys New York and take the retailer out of
bankruptcy.
Uber launched an app aimed at pairing businesses with temporary
workers in an effort to attract more revenue for the company.
HP's incoming chief plans to shrink the company's workforce by
as much as 16% in a restructuring that also aims to revive lagging
printer sales.
PepsiCo's sales climbed in its latest quarter as increased
spending on advertising drove growth while also damping
earnings.
(END) Dow Jones Newswires
October 04, 2019 02:47 ET (06:47 GMT)
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