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07/15/2019 | 01:16pm EDT
Facebook Says Libra Cryptocurrency to be Regulated by Swiss Financial Authorities 

Facebook said its Libra cryptocurrency will be regulated by Switzerland's financial watchdog, adding the digital money would never compete with national currencies or undermine the role of central banks.

Unilever Uses Virtual Factories to Tune Up Its Supply Chain 

The consumer-goods company is building virtual versions of its factories, using data streaming from sensor-equipped machines to create digital models that can track physical conditions and enable testing of operational changes.

Blackstone Close to Deal to Buy CRH Division 

Global buyout firm Blackstone Group Inc. is in advanced talks to buy the European distribution arm of CRH PLC, one of the world's largest building-materials suppliers, according to people familiar with the matter.

Charles Schwab in Talks to Buy USAA Wealth-Management, Brokerage Units 

Charles Schwab is in talks to buy brokerage and wealth-management operations from USAA for roughly $2 billion, a move that would push the discount-brokerage pioneer further into financial advice.

Nomura Securities to Repay Customers $25 Million 

Nomura Securities agreed to pay customers $25 million after the SEC said bond traders at the investment bank inflated its profit in the sale of commercial and residential mortgage-backed securities.

Bloomberg Terminals to Get Broad Access to Dow Jones News 

Bloomberg terminal subscribers will have broad access to Dow Jones & Co. news content beginning Monday.

Citigroup Reports Higher Earnings as Bank Results Kick Off 

Citigroup reported that profit increased 7% and beat analysts' expectations as the New York lending giant benefited from favorable conditions in the U.S. economy.

VW Develops CO2-Saving Gearbox Amid Looming Regulations 

Volkswagen has developed a gearbox that it says will help reduce carbon dioxide emissions as European automakers face looming regulations.

Callon Petroleum to Buy Carrizo Oil for $1.2 Billion in Stock 

Callon Petroleum has said it would buy Carrizo Oil & Gas Inc. for $1.2 billion in stock as the oil company seeks to build scale in key production areas in Texas, including in the Permian Basin and Eagle Ford shale production areas.

Boeing 737 MAX Grounding Could Stretch Into 2020 

Boeing's 737 MAX planes are unlikely to be ready to carry passengers again until 2020 because of the time it will take to fix flight-control software and complete other steps, an increasing number of government and industry officials say.

Stocks mentioned in the article
ChangeLast1st jan.
BLACKSTONE GROUP LP End-of-day quote.
BOEING COMPANY (THE) 0.75% 330.45 Delayed Quote.1.71%
CALLON PETROLEUM COMPANY 5.13% 4.51 Delayed Quote.-30.51%
CITIGROUP INC. 3.52% 63.48 Delayed Quote.21.94%
CRH PLC 1.11% 2638 Delayed Quote.27.43%
FACEBOOK 0.61% 183.7 Delayed Quote.40.13%
LONDON BRENT OIL 0.45% 58.66 Delayed Quote.8.88%
NOMURA CO LTD -0.60% 1321 End-of-day quote.-46.08%
NOMURA HOLDINGS INC 4.93% 383 End-of-day quote.-7.22%
PORSCHE HOLDING 0.95% 55.1 Delayed Quote.6.70%
THE CHARLES SCHWAB CORPORATION 1.59% 37.14 Delayed Quote.-11.97%
UNILEVER (NL) 0.00%End-of-day quote.12.95%
UNILEVER NV (ADR) 2.18% 59.56 Delayed Quote.10.71%
UNILEVER PLC 0.69% 5011 Delayed Quote.21.97%
VOLKSWAGEN AG 1.23% 139.86 Delayed Quote.0.68%
WTI 0.07% 54.77 Delayed Quote.21.01%
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