What's News: Business & Finance -- WSJ

Icahn has taken a stake in Bristol-Myers, fueling speculation the firm could soon be put on the block. The news came as the drugmaker shook up its board to satisfy activist investor Jana.

Verizon and Yahoo agreed to shave $350 million off the purchase price of Yahoo's internet business and share data-breach costs.

Wal-Mart and Home Depot posted strong holiday sales, showing they can still find ways to draw shoppers to their physical stores.

Snap executives at an IPO roadshow event were grilled about how they plan to turn their app into a moneymaking machine.

Wells Fargo fired four retail-banking executives in the wake of last year's sales-practices scandal.

Anglo American and BHP swung to big profits as soaring commodity prices fueled a rebound for miners.

A broad rally in U.S. stocks lifted indexes to new records. The Dow climbed 118.95 points to 20743.

Wanda's deal for Dick Clark Productions has stalled as China clamps down on funds leaving the country.

CSX said its chief will retire in May, as railroad veteran Harrison and an activist investor try to shake up the firm.

EU finance ministers agreed to more measures to stop international firms from cutting their tax bills.

HSBC said its loss widened to $4.23 billion in the fourth quarter.

Tyson plans to end the use of antibiotics in its flagship chicken products.

(END) Dow Jones Newswires

February 22, 2017 02:47 ET (07:47 GMT)

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