What's News: Business & Finance -- WSJ

Most active stock funds were beaten by their market benchmarks over the past 15 years, a performance analysis found.

Trump said the dollar was "getting too strong" and thathe favors low rates. The dollar slumped in response to his remarks.

Einhorn ramped up pressure on GM to split its stock into two classes, as he proposed board candidates.

United promised to reimburse the 70 passengers on the plane from which a man was forcibly removed.

Web firms said they would oppose plans to roll back net-neutrality rules.

Elliott called a meeting of Akzo shareholders to try to oust the chairman of the Dutch paint company.

Protectionism poses a risk to global economic growth, the IMF warned.

Western Digital told Toshiba it can block any sale affecting their chip-making joint venture.

Berkshire is likely to vote in support of Wells Fargo directors in the bank's shareholder meeting.

OPEC said oil output fell further in March as members complied with cuts.

Saudi Arabia has raised $9 billion in its first global sale of Islamic bonds.

Stocks fell ahead of banks' earnings reports. The Dow lost 59.44 to 20591.86.

CME will shut its European futures exchange and derivatives-clearing unit.

(END) Dow Jones Newswires

April 13, 2017 02:47 ET (06:47 GMT)

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