What's News: Business & Finance -- WSJ

Date : 07/22/2019 @ 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 (July 22, 2019).

The biggest tech companies are propelling major U.S. indexes' record run, highlighting investor enthusiasm for the hottest stock sector as economic growth softens.

Tax rates at many public companies have fallen sharply as a result of the tax overhaul, and other firms have been able to stay toward the bottom of the scale.

The surging popularity of low-cost investment funds has raised the pressure on some of the firms most responsible for the industry's transformation.

Barneys has become a high-profile example of the pressure put on retailers by high rents in many prime U.S. shopping areas.

Disney's "Avengers: Endgame" is poised to become the new all-time box-office champion, surpassing "Avatar."

J&J faces a key test of its defense against federal talc-safety lawsuits at a hearing that begins Monday.

Restaurants are sweetening pay packages and adding perks to attract and retain workers in the tightest job market in decades.

Walmart's finance executives are undergoing a shuffle as the company absorbs Jet.com into its digital operation.


(END) Dow Jones Newswires

July 22, 2019 02:47 ET (06:47 GMT)

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

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