What's News: Business & Finance -- WSJ
October 17 2016 - 3:02AM
Dow Jones News
Some big investors, concerned about a slowdown in global trade
and rising protectionism, are moving money away from stocks.
Cooling-appliance firms are bracing for a shift to alternative
coolants after global envoys agreed to phase out HFCs by 2019.
Banking regulators are increasingly concerned about earnings
adjustments to justify more borrowing in leveraged-loan
buyouts.
McDonald's faces the departure of more senior executives this
week as the chain reshapes its leadership.
The restaurant industry is seeing one of its biggest shakeouts
in years amid an oversupply of chains.
Constellation Brands is near a deal to sell its Canadian wine
business for about $760 million.
First NBC Bank of New Orleans is facing questions about its
earnings, capital levels and accounting.
Samsung used its own lab to test Galaxy Note 7 batteries, an
unusual practice in the cellphone industry.
The U.S. banned the phones from aircraft, citing a potential
fire hazard.
Nevada lawmakers voted to fund casino mogul Adelson's proposed
stadium.
(END) Dow Jones Newswires
October 17, 2016 02:47 ET (06:47 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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