What's News: Business & Finance -- WSJ

Date : 14/02/2020 @ 19:02
Source : Dow Jones News

What's News: Business & Finance -- WSJ

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 14, 2020).

Huawei and two of its U.S. subsidiaries were charged with racketeering and conspiracy to steal trade secrets in a new federal indictment against the Chinese telecom maker.

A judge ordered the Pentagon to halt work on the JEDI cloud-computing contract awarded to Microsoft, in a win for Amazon.

PG&E proposes to pay half its $13.5 billion settlement with California wildfire victims in the utility company's shares.

GOP senators raised concerns about Shelton's writings and public statements at a confirmation hearing for the Fed nominee.

Barclays said U.K. regulators are investigating the professional relationship between CEO Jes Staley and the late Jeffrey Epstein.

Tesla is facing fresh regulatory scrutiny over its finances as it looks to raise more than $2 billion from a stock sale.

Airbus is boosting output of its bestselling single-aisle jet, moving to fill a hole in the market as Boeing's 737 MAX remains grounded.

U.S. stocks fell, with the Dow, S&P 500 and Nasdaq losing 0.4%, 0.2%, and 0.1%, respectively.

McClatchy, the second-largest U.S. newspaper publisher, filed for bankruptcy protection.

Canadian National Railway said it would shut down operations in eastern Canada due to blockades set up by anti-pipeline activists.

 

(END) Dow Jones Newswires

February 14, 2020 02:47 ET (07:47 GMT)

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