What's News: Business & Finance -- WSJ
26 March 2019 - 6:02PM
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 26, 2019).
Lyft's initial public offering, which is expected this week,
will serve as one of the biggest tests ever of investors' appetite
for money-losing companies.
Apple unveiled new products for entertainment, financial
services, news and videogames, marking a strategic shift as the
company seeks new momentum.
The CFTC adopted rule changes that will let banks more easily
hedge against loan-origination risks without triggering stricter
regulatory requirements.
The FHA has told lenders it is tightening standards, concerned
that it is allowing too many risky mortgages to be extended.
Three hedge funds are preparing to launch a proxy fight to
replace Bed Bath & Beyond's entire board.
The Dow inched higher, gaining 14.51 points, after a bruising
end-of-week selloff. The S&P 500 fell 0.1%.
A retreat by traders from a key corner of the U.S. financial
system has some worried about the possible impact on the stock
market.
WeWork said its loss last year doubled to nearly $2 billion, as
the office-sharing company spent heavily.
Bayer and J&J have agreed to pay $775 million to resolve
claims that the blood thinner Xarelto causes excessive
bleeding.
McDonald's is buying Israeli digital startup Dynamic Yield in a
bid to improve in-store ordering.
(END) Dow Jones Newswires
March 26, 2019 02:47 ET (06:47 GMT)
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