What's News: Business & Finance -- WSJ
April 28 2017 - 2:02AM
Dow Jones News
Amazon and Alphabet reported booming quarterly sales and
profits, as the tech giants continue to extend their dominance.
Uber is interviewing candidates with track records at large,
established firms in its search for a No. 2.
Regional-bank insiders have cashed out since the election,
netting executives and directors $1 billion on sales of company
stock.
Honeywell is being pressured by activist investor Third Point to
spin off its aerospace division.
United reached a settlement with the Kentucky physician forcibly
pulled off a flight earlier this month.
Southwest will end overselling of seats by the end of June,
accelerating the move after the United incident.
Purdue is buying for-profit Kaplan University with the aim of
creating a new, public online school.
More new households chose to buy homes rather than rent last
quarter for the first time in a decade.
The ECB gave no signs it is ready to wind down its stimulus
despite an economic rebound in the eurozone.
Ford's profit fell 35% last quarter, hurt by higher costs and
weaker sales in the U.S. and China.
U.S. stocks edged higher as tech gains offset energy-sector
losses. The Dow rose 6.24 points to 20981.33.
Neuberger Berman called on Whole Foods to explore a sale or
joint venture.
(END) Dow Jones Newswires
April 28, 2017 02:47 ET (06:47 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.