What's News: Business & Finance -- WSJ

Huntsman is near an accord to merge with Swiss rival Clariant, in an all-stock deal that would create a chemicals giant with a combined market value of about $14 billion.

Arconic shareholders are set to choose between board candidates offered by the firm and by Elliott, in a vote that will test the power of activist investors.

Ford is weighing significant changes to its top leadership amid tension among executives and dissatisfaction with the stock price.

Online lenders are regaining the confidence of investors, who have been purchasing securities backed by their loans.

The Fed is unlikely to return to its precrisis role on the sidelines of financial markets after its expansive stimulus, analysts say.

U.S. dairy farmers are struggling with a drop in global demand, three years after expanding their herds amid high milk prices.

Japan's SoftBank and the Saudi sovereign-wealth fund launched the world's largest tech fund, with $93 billion of committed capital.

Saudi Arabia agreed to commit $20 billion to Blackstone's infrastructure fund, joining a parade of investors in U.S. public works.

Oil producers are eager to extend output cuts by nine months, the Saudi energy minister said.

"Alien: Covenant" eked out a first-place finish at the weekend box office.

(END) Dow Jones Newswires

May 22, 2017 02:47 ET (06:47 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.