What's News: Business & Finance -- WSJ

03/05/18 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 (March 5, 2018).

Trump officials are pushing back against executives and America's trading partners over steel and aluminum tariffs.

Ride-sharing companies are using money from SoftBank to face off with each other.

The stock-market rally is at a crossroads, reflecting fears that Trump administration trade restrictions could threaten global economic expansion.

Beijing set a target for economic growth for 2018 at about 6.5%, and its military budget will grow by 8.1%, up from 7% in 2017.

Qualcomm shareholders are expected to decide on directors nominated by Broadcom, which has pursued the chip company.

Albertsons and Rite Aid are bringing on retail veteran Jim Donald to steer the chains through their $24 billion merger.

Investors have lost more than $700 million this year in hacks of two major cryptocurrency exchanges.

Oil prices climbed back from early losses to settle higher as prices reacted to moves in the dollar.


(END) Dow Jones Newswires

March 05, 2018 02:47 ET (07:47 GMT)

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