What's News: Business & Finance -- WSJ

Date : 12/14/2019 @ 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 (December 14, 2019).

Details emerged from the U.S.'s first-stage trade deal with China, which marked a milestone in Trump's initiative to rebalance trade with Beijing but left questions over how far it goes to level the playing field for U.S. businesses.

Global stocks capped a week of strong gains as uncertainties that have weighed on markets edged toward resolution. In the U.S., the S&P 500 and Nasdaq closed at records.

The Justice Department is preparing to take legal action against Live Nation on allegations the company has sought to strong-arm concert venues into using its Ticketmaster subsidiary.

California Gov. Newsom is demanding changes to PG&E's plan to pay wildfire victims and exit bankruptcy protection.

U.S. consumers held back on purchases of discretionary items in November, heading into the holiday shopping season with restrained cheer.

European food-delivery giant Delivery Hero has agreed to buy a South Korean rival for $4 billion, heating up a global battle.

NBCUniversal CEO Burke is expected to step down by August, when his current contract expires.

 

(END) Dow Jones Newswires

December 14, 2019 02:47 ET (07:47 GMT)

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


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