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What's News: Business & Finance -- WSJ

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09/18/2020 | 02:48am EDT

Backers of a proposed new group to take over Chinese-owned video-sharing app TikTok are working to create an ownership structure that would give U.S. interests a majority stake.

About one million homeowners have fallen through the safety net Congress set up early in the pandemic to protect borrowers from losing their homes.

LVMH asked the top negotiator in France's tax talks with the U.S. for help in backing out of its deal for Tiffany and was turned down, according to French officials.

Top executives of major airlines met with the White House chief of staff, as the companies push for more job-saving government aid.

The labor market's recovery is showing fresh signs of losing momentum amid persistently elevated applications for jobless benefits.

U.S. stocks fell, with the Dow, S&P 500 and Nasdaq retreating 0.5%, 0.8% and 1.3%, respectively.

UPS is planning to offer buyouts to some management employees.

Facebook is moving to curb internal debate around divisive political and social topics.

Lawmakers clashed at a congressional hearing over whether the Fed has done enough to backstop municipal finances.

The Fed will analyze large banks' ability to withstand two coronavirus-related recession scenarios as part of a round of stress tests.

 


Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.35% 28227.28 Delayed Quote.-0.80%
NASDAQ 100 -0.19% 11659.037474 Delayed Quote.33.22%
NASDAQ COMP. -0.29% 11484.70225 Delayed Quote.28.35%
S&P 500 -0.22% 3437.09 Delayed Quote.6.07%
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Technical analysis trends S&P 500
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Top / Flop S&P 500
HOWMET AEROSPACE INC. 23.555 Real-time Estimate Quote.29.28%
TWITTER 50.16 Real-time Estimate Quote.8.22%
CHUBB LIMITED 126.505 Real-time Estimate Quote.6.04%
TERADYNE, INC. 92.625 Real-time Estimate Quote.5.33%
THE TRAVELERS COMPANIES 123.975 Real-time Estimate Quote.4.97%
APACHE CORPORATION 9.105 Real-time Estimate Quote.-5.01%
KEYCORP 12.335 Real-time Estimate Quote.-5.70%
NETFLIX, INC. 491.31 Real-time Estimate Quote.-6.49%
ETSY, INC. 135.25 Real-time Estimate Quote.-6.59%
UNDER ARMOUR, INC. 12.075 Real-time Estimate Quote.-10.36%
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