What's News: Business & Finance -- WSJ

03/06/18 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 6, 2018).

Ryan warned that a plan to impose tariffs could trigger a trade war, as Trump sought to wrest Nafta concessions from Canada and Mexico.

The Dow increased 336.70 points, or 1.4%, to 24874.76. The jump came as fears of a trade war slightly eased.

The U.S. government ordered Qualcomm to delay its shareholder meeting to give it time to review Broadcom's bid for the chip maker.

France's AXA said it would buy New York-listed insurance company XL Group for $15.3 billion.

TV viewership of the 90th Oscars on Sunday fell to 26.5 million people, the lowest audience on record, according to Nielsen.

Amazon is in talks with big banks about building a checking-account-like product the company could offer customers.

A pioneer of the U.S. shale boom said that oil production won't keep growing as fast as the market seems to think.

The IEA projected the U.S. will overtake Russia to become the world's largest oil producer by 2023.

The Chicago Stock Exchange has ended a two-year effort to sell a major stake to Chinese investors, as the deal ran afoul of trade tensions.

James Pitaro, who has been Disney's consumer products and digital chief since 2016, will become ESPN's new president.


(END) Dow Jones Newswires

March 06, 2018 02:47 ET (07:47 GMT)

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