What's News: Business & Finance -- WSJ
January 19 2019 - 3:02AM
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 (January 19, 2019).
Tesla plans to cut 7% of its full-time workforce as the firm
tries to maintain profitability while lowering the price of its
Model 3.
U.S. stocks rose amid subsiding fears about an economic
slowdown. The Dow added 1.4% and the S&P 500 posted a 1.3%
gain.
Snap recently pushed out two senior executives after an inquiry
found one of them had allegedly engaged in an inappropriate
relationship.
Airbnb has held discussions to acquire hotel-booking site Hotel
Tonight.
CVS and Walmart settled their fight over the cost of filling
prescriptions.
Nissan and Mitsubishi said Ghosn improperly received nearly $9
million from a Dutch entity they own.
Final rules were set for the new 20% deduction for passthrough
businesses.
Ernst & Young named Di Sibio to be the accounting firm's
global chairman.
The FTC's privacy inquiry into Facebook appears to be nearing a
conclusion.
(END) Dow Jones Newswires
January 19, 2019 02:47 ET (07:47 GMT)
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