What's News: Business & Finance -- WSJ

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 29, 2019).

The Trump administration unveiled a sweeping set of criminal charges against China's Huawei, accusing the telecom giant of violating sanctions on Iran and stealing trade secrets.

Wynn Resorts agreed to a proposed settlement with Nevada gambling regulators over allegations that executives turned a blind eye to claims of sexual misconduct against Steve Wynn.

Caterpillar said its profit this year is likely to rise less than analysts were expecting, citing China's slowing growth as a factor.

Nvidia cut revenue expectations for its just-ended quarter, citing weak demand in China and a rocky cloud-computing business.

U.S. stocks fell on the latest signs that malaise in China is crimping U.S. corporate profits. Both the Dow and S&P 500 lost 0.8%.

China's central bank cleared S&P Global to begin offering credit-rating services via a wholly owned unit based in Beijing.

Some investors blame stock volatility on the Fed shrinking its bond portfolio, but the critique puzzles officials of the central bank.

The SEC is investigating Nissan in connection with Ghosn's pay disclosures.

Two groups of cyber criminals likely have stolen some $1 billion in cryptocurrency hacks, a report says.

Facebook plans to make more data available world-wide about political ads purchased on its services.

(END) Dow Jones Newswires

January 29, 2019 02:47 ET (07:47 GMT)

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