What's News: Business & Finance -- WSJ
November 22 2016 - 3:02AM
Dow Jones News
Small stocks led a cascade of records for U.S. markets. The
Russell 2000, Dow, S&P 500, and Nasdaq all hit highs, the first
time since 1999 that all four indexes set records on the same
day.
Amazon has held talks with sports leagues for the rights to
carry live games, exploring a push into the last bastion of
traditional pay-TV.
Tyson moved to replace its CEO, as the meat company posted
lower-than-expected quarterly results. Its shares plunged over
14%.
Britain's May endorsed a move to cut the corporate tax rate to
17%, as countries recommit to slashing rates.
Fidelity's Abigail Johnson will succeed her father as chairman
of the Boston mutual-fund firm.
Trump's election could complicate the future of a health insurer
co-founded by Kushner's brother.
Sunoco Logistics will buy Energy Transfer Partners in a $21
billion all-stock deal to simplify a pipeline empire.
Anthem and the U.S. presented sharply different versions of the
Cigna deal as an antitrust trial began.
A top Goldman executive in Europe, Michael Sherwood, announced a
surprise decision to leave at year-end.
Apple said it would offer free battery replacements for iPhone
6s devices that unexpectedly shut down.
Instagram introduced live video streaming and private photos and
videos that disappear after being viewed.
(END) Dow Jones Newswires
November 22, 2016 02:47 ET (07:47 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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