What's News: Business & Finance -- WSJ
09 Gennaio 2020 - 9:02AM
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 (January 9, 2020).
Grubhub is considering strategic options including a possible
sale amid increased competition and a recent decline in the
food-delivery provider's shares.
Macy's plans to shut nearly 30 stores and said sales fell during
the holiday months, but the drop wasn't as sharp as investors had
feared.
U.S. stocks gained, with the Dow and S&P 500 adding 0.6% and
0.5%, respectively, and the Nasdaq rising 0.7% to a record.
The SEC is taking steps to loosen the control that big U.S.
exchanges exert over the flow of real-time stock prices to the
public.
A Fed official unveiled an alternative approach to that of other
U.S. regulators for overhauling rules on lending in lower-income
areas.
Morningstar, known for its mutual-fund ratings, has hit a rough
patch in its quest to become a big player in the bond-rating
business.
Farmers are hoping that 2020 will be the year that China finds
its appetite for U.S. pork after a disappointing 2019 for
exports.
Walgreens said quarterly earnings fell 25% even as overall
revenue rose and the firm worked to cut costs.
Tech giants are deploying artificial intelligence to ferret out
fraud on their platforms, but some cybercriminals are outfoxing
Silicon Valley.
Video app TikTok has overhauled its guidelines to clarify what
kind of content is off-limits.
(END) Dow Jones Newswires
January 09, 2020 02:47 ET (07:47 GMT)
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