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Wall Street drops on Trump's threats of government shutdown

U.S. stocks were lower late on Wednesday morning after President Donald Trump's warning of a government shutdown to secure funds to build the Mexico border wall added to nerves as the deadline to the raise the U.S. debt ceiling looms.

Recent Business News

Lowe's misses earnings estimates, forecasts slower margins growth

Lowe's Companies Inc reported lower-than-expected quarterly earnings on Wednesday and warned of slower growth in profit margins as it spends more on marketing and staffing to take advantage of a robust home improvement market. | Video

11:41am EDT

Massive California verdict expands J&J's talc battlefield

NEW YORK A massive California verdict in a lawsuit alleging Johnson & Johnson's talc-based products cause cancer has opened a new front in the litigation, upending the company's hopes that the cases were only gaining traction in Missouri, legal experts said.

7:10am EDT

Toshiba sells $58.5 million in shares of Mitsubishi UFJ: source

TOKYO Japan's Toshiba Corp sold $58.5 million worth of shares in Mitsubishi UFJ Financial Group on Wednesday, a source told Reuters, as the conglomerate struggles with losses from its bankrupt U.S. nuclear business.

Tech, Japan 6:49am EDT

Toshiba prioritizes talks with Western Digital on chips business sale: Nikkei

TOKYO Japan's Toshiba Corp is prioritizing talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled, the Nikkei business daily reported on Wednesday.

Tech, Deals, Japan 12:17am EDT

Israel's El Al counts on new Boeing 787s to lure back customers

BEN GURION AIRPORT, Israel El Al Israel Airlines took delivery of its first Boeing 787 Dreamliner aircraft on Wednesday in a $1.25 billion investment aimed at renewing its long-range fleet, halting a drop in its market share and winning back business customers.

9:35am EDT
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Monetizing the Dallas Cowboys brand

Dallas Cowboys Chief Operating Officer Stephen Jones talks about maximizing the value of his team.   Full Article 

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