What's News: Business & Finance -- WSJ
01 October 2016 - 8:02AM
Dow Jones News
Stocks wrapped up their best quarter of the year with help from
the beleaguered banking sector, which had been battered for much of
2016. The Dow industrials on Friday rose 164.70 points to
18308.15.
Deutsche Bank has become a target for critics across the
political spectrum in its home country.
Honest Co. is reformulating its laundry detergent and other
products, removing an ingredient that has created controversy.
The BOJ disclosed a new bond-buying policy that suggests it
wants to keep a floor under long-term rates.
U.S. consumer spending was flat in August, signaling slower
growth for a pillar of the economy.
The boards of Viacom and CBS are moving quickly to explore the
merger recommended by their controlling shareholder.
Airbus said it would merge its corporate headquarters with that
of its commercial-jetliner unit.
Diamondback is nearing a deal to buy Silver Hill, the latest in
a rush for drilling land in West Texas.
(END) Dow Jones Newswires
October 01, 2016 02:47 ET (06:47 GMT)
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