What's News: Business & Finance -- WSJ

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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 (July 11, 2017).

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Trump plans to nominate Randal Quarles, a fund manager and former Republican Treasury official, to be the Fed's point person for regulating big banks.

The CFPB barred financial firms from requiring customers to use arbitration, setting off a showdown with the administration and congressional Republicans.

China's Dalian Wanda is selling off most of its theme parks and hotels to pare a debt load that has drawn attention from regulators.

Elliott Management is pursuing Oncor with a deal it says is better than a buyout by Berkshire Hathaway.

Many oil investors say algorithmic trading is distorting the market, driving price moves inconsistent with fundamental trends.

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Abercrombie's efforts to sell itself have stalled, leaving the apparel retailer to continue trying to right its business on its own.

A handful of investors have begun extending short-term loans to a Ford affiliate after a long hiatus.

Rallying tech shares lifted the Nasdaq to its second straight session of gains.

Newspaper publishers are calling on Congress to allow them to negotiate collectively with Google and Facebook.

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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 (July 11, 2017).

Trump plans to nominate Randal Quarles, a fund manager and former Republican Treasury official, to be the Fed's point person for regulating big banks.

The CFPB barred financial firms from requiring customers to use arbitration, setting off a showdown with the administration and congressional Republicans.

China's Dalian Wanda is selling off most of its theme parks and hotels to pare a debt load that has drawn attention from regulators.

Elliott Management is pursuing Oncor with a deal it says is better than a buyout by Berkshire Hathaway.

Many oil investors say algorithmic trading is distorting the market, driving price moves inconsistent with fundamental trends.

Abercrombie's efforts to sell itself have stalled, leaving the apparel retailer to continue trying to right its business on its own.

A handful of investors have begun extending short-term loans to a Ford affiliate after a long hiatus.

Rallying tech shares lifted the Nasdaq to its second straight session of gains.

Newspaper publishers are calling on Congress to allow them to negotiate collectively with Google and Facebook.

(END) Dow Jones Newswires

July 11, 2017 02:47 ET (06:47 GMT)