What's News: Business & Finance -- WSJ
August 10 2020 - 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 10, 2020).
Simon Property has been in talks with Amazon, the firm many
retailers denounce as the mall industry's biggest disrupter, to
take over space left by ailing department stores.
Several investment and tech firms are exploring a potential deal
for TikTok's U.S. operations, but face hurdles at least as high as
those confronting main suitor Microsoft.
Musk's SpaceX won a contract that makes it one of the Pentagon's
two primary satellite-launch providers through most of the
decade.
The 10-year Treasury has lost its appeal as a market barometer
for some investors observing the note's stagnant yield.
A U.S. agency has put a planned $765 million loan to Kodak on
hold after the deal came under congressional and regulatory
scrutiny.
Life insurers are crunching data in existing medical records to
assess the health of would-be policy buyers.
Buffett's Berkshire said earnings surged 86% as a stock-market
rebound offset a profit decline in operations and a large
write-down.
(END) Dow Jones Newswires
August 10, 2020 02:47 ET (06:47 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.