Caterpillar, Industrial Shares Slump as Investors Weigh Rising Costs 
 

Caterpillar Inc. executives said a strong first quarter could be a "high-water mark" for the year, a suggestion that pushed down shares in the machinery giant and the broader stock market.

 
Wells Fargo Directors Win Easily Despite Criticisms 
 

Wells Fargo re-elected all of its directors at its annual meeting, but shareholders still complained about CEO Timothy Sloan and executive pay.

 
Freeport Is Worst Performer in S&P 500 as Indonesia Troubles Pound Shares 
 

Freeport-McMoRan's shares had their worst day in two years after the company said that its troubles mining copper in Indonesia were dragging on.

 
Apple Takes a Step on Payment of Back Taxes to Ireland 
 

Apple Inc. completed an agreement with Ireland that will allow it to transfer roughly about EUR13 billion into a Dublin escrow account, in a step toward complying with a European Commission order to pay back taxes.

 
Wynn Resorts Swings to Loss 
 

Wynn Resorts swung to a loss in its latest quarter after booking more than $460 million of charges tied to a legal settlement that paved the way for Steve Wynn to sell his stake.

 
What About Bob? Behind the Leadership Drama Holding Up a Viacom-CBS Deal 
 

The fate of a Viacom-CBS merger is turning on one key question: What about Bob? That is, will CBS Chief Executive Leslie Moonves accept Viacom CEO Bob Bakish as his No. 2 and likely successor in a combined company?

 
Takeda Makes Last-Gasp Move for Rival Drugmaker Shire 
 

Takeda made a fifth takeover proposal for rival drugmaker Shire, a last-ditch move by the Japanese company that would likely value the rare-drug specialist at more than $60 billion.

 
Sinclair to Sell TV Stations in Bid to Secure Tribune Deal Approval 
 

Sinclair Broadcast Group Inc. has reached deals to sell 23 television stations in 18 markets as it works to get regulators to sign off on its purchase of Tribune Media Co.

 
Twitter Earnings: What to Watch 
 

Twitter is scheduled to report first-quarter results before the market opens on Wednesday. Analysts polled by Thomson Reuters expect adjusted earnings of 12 cents a share, compared with adjusted earnings of 11 cents a share a year ago.

 
Yahoo's Successor to Pay $35 Million in Settlement Over Cyberbreach 
 

Yahoo's response to a 2014 hack of hundreds of millions of user accounts drew a $35 million fine from regulators, the first time a public company has been penalized over its handling of a cybersecurity breach.

(END) Dow Jones Newswires

April 24, 2018 19:15 ET (23:15 GMT)