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 (July 10, 2017).

A proposal for a new open-outcry floor by one of the smallest U.S. options exchanges has sparked criticism from rivals.

China's Cosco Shipping agreed to buy smaller rival Orient Overseas for $6.3 billion, establishing an Asian container giant.

Tesla's sales in Hong Kong came to a standstill after a tax break for electric vehicles was slashed.

Apple's iTunes Store, already struggling against rising competition for music listeners, is also losing the battle for video viewers.

Fox News remained first in prime-time viewers in the second quarter, but its lead over MSNBC narrowed.

Banks are aiming to use biometric data to replace passwords, but are relying on customers to store the data on their smartphones.

The new Spider-Man movie had the best opening for a film featuring the superhero in a decade.

Holders of patents to the Crispr gene-editing technology are willing to join a global patent pool.

Eli Lilly said the U.K. Supreme Court has ruled that a rival's product infringes Lilly's patents for cancer drug Alimta.

The offshore wind industry is turning to the U.S. but faces high costs and logistical issues.

People who lent to Fyre Festival before it collapsed are trying to force the organizer into bankruptcy.

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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 (July 10, 2017).

A proposal for a new open-outcry floor by one of the smallest U.S. options exchanges has sparked criticism from rivals.

China's Cosco Shipping agreed to buy smaller rival Orient Overseas for $6.3 billion, establishing an Asian container giant.

Tesla's sales in Hong Kong came to a standstill after a tax break for electric vehicles was slashed.

Apple's iTunes Store, already struggling against rising competition for music listeners, is also losing the battle for video viewers.

Fox News remained first in prime-time viewers in the second quarter, but its lead over MSNBC narrowed.

Banks are aiming to use biometric data to replace passwords, but are relying on customers to store the data on their smartphones.

The new Spider-Man movie had the best opening for a film featuring the superhero in a decade.

Holders of patents to the Crispr gene-editing technology are willing to join a global patent pool.

Eli Lilly said the U.K. Supreme Court has ruled that a rival's product infringes Lilly's patents for cancer drug Alimta.

The offshore wind industry is turning to the U.S. but faces high costs and logistical issues.

People who lent to Fyre Festival before it collapsed are trying to force the organizer into bankruptcy.

(END) Dow Jones Newswires

July 10, 2017 02:47 ET (06:47 GMT)

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