Steve Wynn Sells Remaining Shares in Wynn Resorts 
 

Steve Wynn sold the remainder of his stake in Wynn Resorts on Thursday, according to the company, part of a deal with two long-term institutional investors that will "effectively eliminate his ownership" in the company.

 
Nike Has 'Deep Leadership Bench,' CEO Says After Shakeup 
 

Nike's sales rose 7% to $9.0 billion for the three months ended Feb. 28. Due to the tax-law change, the company reported its first quarterly loss in years.

 
Uber Raises $1.5 Billion From Leveraged Loan Deal 
 

Uber raised $1.5 billion from its second-ever high-yield loan issuance, highlighting the strength of the leveraged loan market, which has benefited from rising interest rates while other riskier assets have wobbled.

 
Dropbox IPO Priced Above Range 
 

Dropbox priced its IPO above the already increased price range it gave investors earlier this week, a sign of the strong demand for the stock.

 
Crypto-Focused Hedge Funds on SEC's Radar 
 

The Securities and Exchange Commission is preparing to examine as many as 100 hedge funds focused on cryptocurrencies, according to a person familiar with the matter.

 
Micron's Results Weren't Quite Chipper Enough 
 

The memory chip maker's stock ran too hot ahead of its earnings report.

 
Google to Ask Publishers to Get Users' Data Consent in Europe 
 

Google will ask web publishers to obtain consent on its behalf to gather personal information on European users and target ads at them using Google's systems.

 
DOJ and AT&T Clash Over Impact on Consumers of a Time Warner Deal 
 

The Justice Department warned consumers will see price increases of more than $400 million for pay TV if the proposed combination of AT&T and Time Warner goes ahead; AT&T said that's preposterous.

 
Criminal Record and Crash Video Put Focus on Uber Test Operator 
 

Test drivers of autonomous cars are supposed to monitor the road and brake or take the wheel if a car acts erratically, yet video shows the operator in Sunday's fatality was looking down. The driver also has a criminal record and traffic violations.

 
Pershing Square Cashes Out of Nike Stake 
 

William Ackman's Pershing Square Capital Management cashed out of its brief holding in Nike in recent weeks, for a profit of around $100 million.

(END) Dow Jones Newswires

March 22, 2018 21:15 ET (01:15 GMT)