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07/12/2018 | 07:16pm CEST
Fox Gets U.K. Approval to Buy Sky Amid Comcast Bidding War 
 

The U.K. government won't oppose a bid by Rupert Murdoch's 21st Century Fox to consolidate ownership of Sky, removing the last regulatory hurdle for Fox as it battles it out with Comcast for the British broadcaster.

 
Papa John's Stock Soars After Chairman's Resignation 
 

Papa John's said late Wednesday that its independent directors have accepted the resignation of John Schnatter as board chairman, after he admitted to using a racial slur in a conference call. The pizza chain's stock jumped on the news.

 
What to Expect from Wells Fargo's Earnings 
 

Analysts are expecting Wells Fargo to post per-share earnings of $1.12 for the quarter, up from last year

 
What to Watch in JPMorgan's Earnings 
 

The largest bank by assets in the U.S., run by CEO James Dimon, is expected to report improving results Friday

 
Delta to Trim Flights as Fuel Prices Rise 
 

Delta said fuel costs rose by a third in its latest quarter and that it would work to offset the increase by reducing expenses and by cutting flights this fall.

 
Indonesia Moves Closer to Taking Controlling Stake in Freeport Mine 
 

Indonesia, Freeport-McMoRan and Rio Tinto announced a tentative $3.85 billion agreement to give Jakarta majority control of the world's second-biggest copper mine, potentially advancing a deal amid a yearslong conflict that has spooked mining investors and threatened metal supplies.

 
South Korea Regulator Says Samsung BioLogics Violated Accounting Rules 
 

Samsung BioLogics intentionally breached accounting rules, South Korean financial regulators said, triggering a suspension in aftermarket trading of the drugmaker's shares.

 
Big Advertisers Embrace Blockchain to Root Out Digital Spending Waste 
 

Nestle, Anheuser-Busch and Bayer are among the big consumer marketers using blockchain to avoid the so-called advertising tech tax, or wasted spending on digital ads.

 
SoftBank Burns Bright for a Tiger 
 

U.S. hedge fund Tiger Global has bet $1 billion that the gap between SoftBank's market cap and the value of its major listed holdings is set to narrow.

 
U.S. Banks Could Lose Out Under U.K.'s Brexit Plan 
 

The U.K. has set out its negotiating position on Brexit-and the news isn't great for American banks with big operations in London.

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