What's News: Business & Finance -- WSJ

11/14/17 02:47 AM EST

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 (November 14, 2017).

Dozens of banks received the biggest signal yet that they may soon be freed from some of the most onerous rules put in place after the financial crisis, as senators from both parties agreed to a plan to ease regulations.

GE's new CEO outlined a restructuring plan that will slash the annual dividend by $4 billion and streamline the industrial giant's operations. Shares hit a five-year low.

A flood of Chinese firms is driving the biggest world-wide surge of initial public offerings in a decade.

Qualcomm rejected Broadcom's $105 billion offer, setting up a showdown between the chip makers.

Google faces a Missouri probe into whether the internet giant's business practices violate state laws.

AB InBev is shuffling its North American leadership as the brewer struggles to end a slump in Bud sales.

Venezuela was ruled by S&P to be in default on a missed interest payment, further pressuring the nation.

SoftBank's bid to take a stake of up to $10 billion in Uber marks a bet on the future of the car industry.

Brookfield confirmed it made a $14.8 billion offer to buy the 66% of mall owner GGP it doesn't already own.

The Dow edged up 17.49 points to 23439.70 following a flurry of corporate news.

 

(END) Dow Jones Newswires

November 14, 2017 02:47 ET (07:47 GMT)

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