What's News: Business & Finance -- WSJ
October 26 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 (October 26, 2017).
The FCC plans to eliminate or scale back limits on local
ownership of TV stations and newspapers, its chairman said.
Vistra and Dynegy are in advanced talks to combine, with a deal
between the two Texas power firms possible as soon as next
week.
Weinstein Co.'s talks with suitor Colony Capital have stumbled
and the troubled studio may seek other bidders.
Franklin Resources sold its entire stake in Puerto Rico bonds,
part of an exodus of investors in the wake of recent
hurricanes.
Amazon unveiled a system that lets customers open their homes
remotely for package deliveries.
The Dow tumbled 112 points to 23329.46, its worst day since
early September, on weak earnings.
Boeing said it may boost output to meet demand for single-aisle
jets as it posted forecast-beating earnings.
Sprint and T-Mobile both canceled earnings calls this week, a
possible sign they are near a deal.
The Saudi wealth fund aims to nearly double the value of its
assets to about $400 billion by 2020.
Anthem expects its enrollment in ACA plans to fall by around 70%
in 2018.
Visa posted an 11% profit rise, adding more fuel to its stock
rally.
Coke said its newest diet soda helped keep soda volume flat last
quarter.
(END) Dow Jones Newswires
October 26, 2017 02:47 ET (06:47 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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