What's News: Business & Finance -- WSJ
19 April 2019 - 8:02AM
Dow Jones News
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 (April 19, 2019).
A U.S.-Canada rift is growing over how to ensure the safety of
Boeing's 737 MAX planes, as Ottawa's focus on additional pilot
training could lead to more delays in getting the aircraft back in
the air.
Pinterest and Zoom Video soared in their trading debuts, a sign
of investors' undiminished appetite for fast-growing tech
firms.
Sprint has told regulators it will struggle to operate as a
stand-alone firm, as its proposed merger with T-Mobile US comes
under pressure.
Blackstone said it would abandon its partnership structure and
become a corporation, potentially widening its investor base.
Amazon.com is withdrawing from China's fiercely competitive
domestic e-commerce market.
Samsung said it would investigate problems in Galaxy Fold phones
issued to tech reviewers.
Sears sued Lampert, Mnuchin and others, accusing them of
siphoning off billions of dollars of assets.
American Media agreed to sell the National Enquirer to a former
newsstand mogul for $100 million.
U.S. retail sales bounced back in March after a period of weak
spending.
The S&P 500 edged up as industrial stocks rose. The Dow
gained 0.4%.
Unilever and Nestlé beat first-quarter sales forecasts, buoyed
by stronger results in emerging markets.
(END) Dow Jones Newswires
April 19, 2019 02:47 ET (06:47 GMT)
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