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MarketWatchSep 22, 2018
The Wall Street Journal: China cancels trade talks with U.S. amid escalation in tariff threats
China scotched trade talks with the U.S. that were planned for the coming days, according to people briefed on the matter, further dimming prospects for resolving a trade battle between the world's two largest economies.

MarketWatch MarketPulseSep 22, 2018
Kavanaugh accuser Ford accepts request to give Judiciary Committee testimony next week though details require negotiation
Lawyers for Dr. Christine Blasey Ford, the college professor who has accused Supreme Court nominee Brett Kavanaugh of a sexual assault when they were in high school, told Senate Judiciary Committee staff on Saturday that Ford "accepts" the request to give information to the panel next week about the alleged incident. Other details for any appearance and its specific day and time still need to be worked out. The response from the lawyers said that "many aspects" of an earlier proposal by the Judiciary panel, chaired by Iowa Republican Chuck Grassley, were "fundamentally inconsistent with the Committee's promise of a fair, impartial investigation into her allegations." They also wrote that while "we are disappointed with the leaks and the bullying that have tainted the process, we are hopeful that we can reach agreement on details," according to the Wall Street Journal. The panel had proposed holding a hearing next Wednesday in which it would hear testimony from both Kavanaugh and Ford. Kavanaugh has denied the sexual assault allegation. The office of Utah Republican Sen. Orrin Hatch tweeted, "Worth noting that this is exactly where we were on Monday morning- without agreeing to a date, time, and terms we are no closer to hearing from Dr Ford then we were when her lawyers said Dr. Ford was willing to testify during their media tour 6 days ago."

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Google Market NewsSep 22, 2018
Sky Loss Is a Disappointment for Disney Ambitions - Wall Street Journal

Wall Street Journal

LOS ANGELES—Walt Disney Co. DIS -1.09% didn't win Sky SKYAY -1.16% PLC as part of its acquisition of 21st Century Fox Inc. FOX -0.70% assets, but the end to the unusual bidding war leaves rival Comcast Corp. CMCSA 0.24% paying a sum that will ...
Comcast Triumphs Over Rupert Murdoch's 21st Century Fox In $39B Sky Deal

Comcast Wins Bid to Acquire Sky - Wall Street Journal (Google Business News)

CNBC EconomySep 21, 2018
China said to call off high level trade talks with US as tariff war escalates
China has cancelled planned trade discussions with the U.S. amid rising tensions and new tariffs, The Wall Street Journal reported on Friday.

NYTimes BusinessSep 21, 2018
Dow Hits Another All-Time High on Mixed Day for US Stocks
Wall Street capped a milestone-setting week Friday with a mixed finish for the major U.S. stock indexes and the second all-time high in two days for the Dow Jones Industrial Average.

MarketWatch MarketPulseSep 21, 2018
Duke Energy warns coal ash may be flowing into Cape Fear River due to flooding from Florence
Duke Energy Corp. warned Friday that flooding at a plant in Wilmington, North Carolina caused by the storm named Florence has caused breaches in the dam holding a cooling lake for a natural gas plant and that coal ash may be flowing into the Cape Fear River. The company has shut down the 625-megawatt natural gas plant as a safety precaution. "The rising river continues to overtop the north end of the cooling lake dam, a surface that is protected by a layer of compacted soil and cement," the company said in a statement. "Water is now exiting the cooling lake through breaches - one large and several smaller - on the southern end of the impoundment." The site contains two coal ash basins, one of which is believed to be holding in place behind a steel wall separating the excavation layer from the cooling lake. But cenospheres, lightweight beads made up of alumni and silica that are byproducts of coal combustion, are moving to the cooling lake and into the river. Experts are on site and are developing a repair plan, the company said. Shares fell about 1% Friday and are down 5% in 2018, while the S&P 500 has gained almost 10%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

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