What's News: Business & Finance -- WSJ
February 25 2017 - 3:02AM
Dow Jones News
China's crackdown on overseas investment is hitting Hollywood,
torpedoing a deal that would have put MGM Studios under Chinese
control.
A software bug at an internet-service provider leaked sensitive
data for months, creating a potential security headache for
thousands of corporate customers.
Penney is joining the list of shrinking retailers, with plans to
shut up to 140 stores even as it eked out its first annual profit
since 2010.
A 2007 Buffett bet that index funds would outperform hedge funds
over 10 years looks like a winner.
VW unveiled a new executive-pay structure to quell investor ire,
as it reported a profit for 2016.
Two ex-SunEdison executives filed lawsuits claiming they were
fired after warning about the firm's finances.
The SEC's acting chief said more investors should be allowed to
buy stakes in closely held startups.
The Dow hit its 11th straight record, closing up 11.44 points to
20821.76.
(END) Dow Jones Newswires
February 25, 2017 02:47 ET (07:47 GMT)
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