What's News: Business & Finance -- WSJ
April 13 2017 - 3:02AM
Dow Jones News
Most active stock funds were beaten by their market benchmarks
over the past 15 years, a performance analysis found.
Trump said the dollar was "getting too strong" and thathe favors
low rates. The dollar slumped in response to his remarks.
Einhorn ramped up pressure on GM to split its stock into two
classes, as he proposed board candidates.
United promised to reimburse the 70 passengers on the plane from
which a man was forcibly removed.
Web firms said they would oppose plans to roll back
net-neutrality rules.
Elliott called a meeting of Akzo shareholders to try to oust the
chairman of the Dutch paint company.
Protectionism poses a risk to global economic growth, the IMF
warned.
Western Digital told Toshiba it can block any sale affecting
their chip-making joint venture.
Berkshire is likely to vote in support of Wells Fargo directors
in the bank's shareholder meeting.
OPEC said oil output fell further in March as members complied
with cuts.
Saudi Arabia has raised $9 billion in its first global sale of
Islamic bonds.
Stocks fell ahead of banks' earnings reports. The Dow lost 59.44
to 20591.86.
CME will shut its European futures exchange and
derivatives-clearing unit.
(END) Dow Jones Newswires
April 13, 2017 02:47 ET (06:47 GMT)
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