What's News: Business & Finance -- WSJ
August 19 2017 - 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 (August 19, 2017).
Buffett's battle for control of Texas power-transmission company
Oncor took a turn as a new mystery bidder emerged to challenge
Berkshire's $9 billion offer.
China announced formal measures to curb outbound investment, as
Beijing seeks to establish firmer control over a corporate shopping
spree.
Goldman lost more than $100 million in a wrong-way wager on
regional natural-gas prices this spring.
Uber's former CEO said Benchmark is engaged in a personal attack
that threatens to further damage the ride-hailing firm.
Foot Locker reported weaker-than-expected sales for its latest
quarter, and its shares tumbled 28%.
The SEC said it would drop civil charges against two former J.P.
Morgan traders at the center of the 2012 "London Whale" saga.
The Dow fell 76.22 points to 21674.51 on Friday, with the
blue-chip index declining for a second week.
Infosys's Sikka resigned as CEO of the Indian software and
outsourcing firm.
(END) Dow Jones Newswires
August 19, 2017 02:47 ET (06:47 GMT)
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