What's News: Business & Finance -- WSJ
August 08 2017 - 2:02AM
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 (August 8, 2017).
Tesla set plans to raise $1.5 billion through the sale of junk
bonds, as the firm seeks to sharply increase its manufacturing
capability.
An investor consensus that the dollar will continue to weaken is
fueling rallies in everything from U.S. stocks to commodities.
U.S. consumers are most likely to feel the impact of Libor's
demise in adjustable-rate mortgages.
Google fired an employee who wrote a memo suggesting men are
better suited for tech jobs than women.
Uber won't be bringing co-founder Kalanick back as CEO, the
company's chairman told employees.
United Technologies has made an approach for Rockwell Collins,
but the firms are wrangling over a deal price that would top $20
billion.
Pershing Square said it is nominating founder Ackman and two
others to the board of ADP.
Netflix made its first acquisition, buying comic-book publisher
Millarworld.
U.S. stocks climbed, with major indexes adding to gains. The Dow
closed up 25.61 points at 22118.42.
China's foreign-exchange reserves rose for a sixth straight
month in July.
(END) Dow Jones Newswires
August 08, 2017 02:47 ET (06:47 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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