What's News: Business & Finance -- WSJ
February 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 (February 19, 2019).
The two biggest outside investors in SoftBank's giant tech fund
are complaining about high prices paid for companies and Son's
control over investment decisions.
Air-safety regulators are investigating Southwest for widespread
miscalculation of the total weight of bags checked onto each of its
flights.
Apple is shaking up leadership and reordering priorities in
several divisions as it works to reduce the firm's reliance on
iPhone sales.
Student-loan servicer Navient said it rejected as too low a
buyout offer of about $3.2 billion.
Amazon plans to keep hiring tech workers even after it dropped
plans to build a New York City headquarters.
Investors world-wide are effectively paying governments to hold
more than $11 trillion of their bonds.
Global stocks edged higher amid renewed hopes for a U.S.-China
trade deal. The Stoxx Europe 600 rose 0.2% after a rally across
Asia.
Honda will shut a major production plant in England, pulling
back from the U.K. as Brexit looms.
Auto makers are reducing discounts on sedans and shifting more
promotional dollars to sport-utility vehicles and trucks.
Wells Fargo's CEO is expected to appear before the House
Financial Services Committee in March as the panel reviews the
bank's consumer-abuse scandals.
(END) Dow Jones Newswires
February 19, 2019 02:47 ET (07:47 GMT)
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