What's News: Business & Finance -- WSJ
January 07 2019 - 3:02AM
Dow Jones News
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 (January 7, 2019).
Fed officials, after guiding the U.S. economy through the
financial crisis and the rebound from it, face a new test in 2019:
managing a soft economic landing.
CBS News tapped Susan Zirinsky as its new president, as the
network's news programs struggle in the ratings after changes among
the anchors.
The iPhone XR has fallen far short of Apple's expectations,
cutting into the firm's revenue projections and forcing it to cut
production.
Starboard has taken a 1.7% stake in Dollar Tree and wants the
retailer to consider selling its Family Dollar business and
tweaking its pricing model.
The market's roller-coaster ride has prompted some analysts to
cut their 2019 forecasts. That volatility and uneven economic data
have hastened a surge into assets seen as relatively safe.
The late-year stock selloff could mean a hit to some firms'
fourth-quarter earnings, under accounting rules that link certain
market gains and losses to earnings.
(END) Dow Jones Newswires
January 07, 2019 02:47 ET (07:47 GMT)
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