What's News: Business & Finance -- WSJ

Roger Ailes resigned as Fox News chairman and chief executive in the wake of a sexual-harassment scandal. Rupert Murdoch will assume the posts.

J.P. Morgan is expected to pay some $200 million to settle probes into whether it tried to win deals by hiring Chinese officials' children.

The Justice Department sued to block Anthem's proposed acquisition of Cigna and Aetna's planned merger with Humana.

General Motors posted its best financial quarter in the seven years since emerging from bankruptcy.

Goldman plans to begin marketing a corporate buyout fund of between $5 billion and $8 billion.

Airlines on both sides of the Atlantic are being hurt by plunging fares, terror fears and currency swings.

Swiss officials are seizing art work from Malaysia's Low allegedly bought with money stolen from 1MDB.

Liberty Media's CEO, whose firm controls Sirius XM, recently floated an offer to acquire Pandora.

U.S. stocks fell, snapping a nine-day winning streak. The Dow shed 77.80 points to close at 18517.23.

Theranos said it hired two executives and formed a new committee focused on quality and regulatory control.

Amazon and Wells Fargo entered into a partnership to offer interest-rate discounts on student loans.

(END) Dow Jones Newswires

July 22, 2016 02:48 ET (06:48 GMT)

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