Dow Closes Lower; S&P Rises to Record
Investors are assessing the impact of a halt in rolling out Johnson & Johnson vaccines and a sharp rise in inflation.
Companies Merging With SPACs Face Challenges Around Valuations, Controls
Finance executives at businesses merging with SPACs face hurdles preparing for valuation work and setting up internal controls during a short space of time, as U.S. regulators ramp up their scrutiny of such deals.
Banks, After Bracing for Disaster, Are Ready for a Boom
Analysts expect banks to post a big increase in first-quarter profits, propelled by the release of rainy-day reserves.
China to Continue Broad Push for Global Power, U.S. Report Says
China will press Taiwan to reunify with the mainland as part of Beijing's across-the-board effort to secure its status as a global power, an annual intelligence report on threats facing the U.S. says.
Demand for Dining Is on the Rise, While Supply Issues Become More Manageable
EXCLUSIVE: People are eager to splurge on meals, says Chris Pappas, chief executive of Chefs' Warehouse, a food supplier that sells to restaurateurs and dining groups.
German ZEW Economic Expectations Fall in April
The German ZEW index for economic expectations fell to 70.7 in April, missing consensus forecasts and registering its first drop since November 2020.
U.K. Economy Returned to Growth in February
The U.K. economy grew 0.4% in February as Covid-19 restrictions remained unchanged but trade with the European Union rebounded.
Regulators Step Up Scrutiny of SPACs With New View on Warrants
The SEC said some SPACs have improperly accounted for warrants, stepping up scrutiny of the popular vehicles.
(END) Dow Jones Newswires
04-13-21 2115ET
