What's News: Business & Finance -- WSJ

Features Dow Jones Newswires

Uber's leadership crisis intensified as the board met to weigh issues including a possible leave of absence for CEO Kalanick and the potential departure of his closest lieutenant.

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The administration will call for curbs on the U.S. consumer-finance regulator and a reassessment of a broad range of banking rules in a Treasury report.

The Fed's rate increases aren't having the desired effect of cooling off Wall Street's hot streak.

IEX Group is struggling to become more than a niche player, nearly a year after its launch as a full-fledged exchange.

Newly public firms, eager to take advantage of rising stock prices, are returning to the market faster than ever to sell additional shares.

German grocer Aldi is expected to unveil plans to invest $5 billion to open nearly 900 stores and remodel hundreds more in the U.S.

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U.S. sales of prostate-cancer drugs have dropped sharply since the start of a probe into charities that help patients pay for them.

Qatar said it remains committed to limiting its oil output, despite the severing of diplomatic relations with OPEC allies.

Boeing said it had moved a step closer to completing a contentious jetliner sale to an Iranian airline.

An anonymous fan bid $2,679,001 in a charity auction to have lunch with Buffett.

(END) Dow Jones Newswires

June 12, 2017 02:47 ET (06:47 GMT)