What's News: Business & Finance -- WSJ
November 06 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 6, 2019).
Xerox is considering a cash-and-stock offer to acquire HP Inc.,
which has a market value of about $27 billion. A takeover would
unite two fading tech stars.
U.S. imports of consumer goods fell sharply in September, the
latest sign that slowing global growth might be spilling into the
domestic economy.
The Dow and Nasdaq edged up, notching records amid hopes that
the U.S. and China will roll back tariffs. The S&P 500 slipped
0.1%.
The FCC formally approved T-Mobile's merger with smaller rival
Sprint in a 3-2 vote along party lines.
The UAW's board is trying to move past an internal split over
the terms of Jones's leave and focus on salvaging the union's
reputation.
Brazil's mining regulator said Vale withheld information from
government inspectors about problems at the dam that collapsed in
January.
Among the problems facing Aramco in its IPO is convincing
international investors that the company is worth what it says it
is.
Boeing's new chairman backed CEO Muilenburg while acknowledging
missteps that led to two deadly crashes of the 737 MAX.
AstraZeneca plans to raise up to $1 billion for a new fund that
would invest in Chinese health-care startups.
Peloton posted a loss but higher-than-expected subscriber and
revenue growth in its first quarterly report as a public
company.
(END) Dow Jones Newswires
November 06, 2019 02:47 ET (07:47 GMT)
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