What's News: Business & Finance -- WSJ
March 16 2018 - 03:03AM
Dow Jones News
This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the U.S.
print edition of The Wall Street Journal (March 16, 2018).
Puerto Rico bonds have rebounded, reflecting improvement in the
island's economy and hopes for a settlement with creditors.
Tesla is entering a critical period in which it must boost Model
3 production or possibly face severe financial consequences.
A federal tax ruling dealt a new blow to a group of pipeline
firms that had helped finance a build-out of energy
infrastructure.
Nike said it had received complaints about workplace behavior
and that its No. 2 executive has resigned.
Toys "R" Us's decision to liquidate has sent toy makers
scrambling to find outlets to carry their wares.
Steve Wynn may seek to sell his Wynn Resorts shares, potentially
setting off a scramble to control the firm.
Icann is preparing a significant tightening of its privacy
standards in response to new EU policies.
U.K. bank Coutts, a pillar of the British establishment,
investigated alleged harassment of women at the firm.
The Dow rose 115.54 points to 24873.66. The S&P 500 and
Nasdaq ended lower.
Amazon's Japanese unit has come under antitrust scrutiny for the
second time in as many years.
iHeartMedia filed for chapter 11 after reaching an accord with
debtholders.
Alibaba is working on a plan for a secondary stock listing in
China.
(END) Dow Jones Newswires
March 16, 2018 02:48 ET (06:48 GMT)
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