What's News: Business & Finance -- WSJ

Date : 05/20/2019 @ 8:02AM
Source : Dow Jones News

What's News: Business & Finance -- WSJ

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 (May 20, 2019).

Spending on factories, equipment and other capital goods slowed in the first quarter among a broad cross-section of large, U.S.-listed firms.

Some pre-IPO Uber shareholders took a pass on buying more shares in the listing, weakening support for the stock as it made its debut earlier this month.

Growth in payouts to savers has begun to stall in some deposit categories in anticipation that the Fed could cut interest rates at least once this year.

Meat suppliers expect U.S. prices to rise this year as China imports more pork, beef and poultry to fill a shortfall in its disease-struck hog market.

Investors are increasingly abandoning Bayer's shares, worried that the company's legal liabilities from the weedkiller Roundup will grow.

OPEC and its allies inched closer to continuing their existing crude-production targets through the end of the year.

The biggest videogame publishers are paying popular gamers handsomely to play their latest releases live over the internet, aiming to reach buyers.

Nvidia is facing new threats to its dominance in the market for chips purpose-built for artificial intelligence, as rivals step in.

Some U.S. firms are training workers in programming and robotics, letting machinists get a taste of coding.

 

(END) Dow Jones Newswires

May 20, 2019 02:47 ET (06:47 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.


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