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![Iran fallout for allies ‘likely to leave lasting effect on markets’ — analysts size up Trump’s withdrawal]()
Iran fallout for allies ‘likely to leave lasting effect on markets’ — analysts size up Trump’s withdrawal
- Boeing will lose out on $20 billion in Iran business, with GE also impacted
- Will Trump’s Iran bet pay off?
- Why to expect a renegotiation of the Iran deal despite Trump’s hardline approach
- Opinion: Could withdrawing from the Iran deal bring down Trump?
- Opinion: It’s not just Iran and North Korea: Denuclearization means the U.S. too
- Trump decision on Iran nuclear treaty shows fragility of global nonproliferation efforts
- Oil tops $71 as traders digest U.S. exit from Iran deal
- Saudi Arabia pledges to support oil market after Trump decision on Iran
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Need to Know
![Alarm bells ringing for stocks as ‘correction clock’ ticks down]()
Alarm bells ringing for stocks as ‘correction clock’ ticks down
- Goldman blames mom-and-pop investors for volatility in stocks
- Deep Dive: Why you can’t trust Wall Street analysts
- What you should know about the most popular timing indicator in U.S. stocks
- Goldman joins the ‘cash is king’ bandwagon amid market uncertainty
- Here’s what the tax overhaul, so far, has meant for the stock market and the economy
- Goldman blames mom-and-pop investors for volatility in stocks
- Dow sets sight on fifth straight daily gain as crude-oil futures surge
Vodafone confirms $23 billion deal to buy Liberty Global assets
LONDON -- Britain's Vodafone Group PLC has agreed to a nearly $23 billion deal to buy operations in four European countries from John Malone's Liberty Global PLC, a merger that would create one of the continent's biggest telecommunications carriers.
Sinclair says Fox unit is one of the purchasers of TV stations being sold as part of Tribune deal
Sinclair Broadcast Group Inc. said Wednesday that Fox Broadcasting Co. is a purchaser, along with Standard Media Group, LLC (an affiliate of Standard General L.P.), Meredith Corporation , Howard Stirk and Cunningham Broadcasting Corporation, of certain TV stations it is selling as part of its acquisition of Tribune Media Co., in a deal valued at $4.6 billion after divestitures. Sinclair said in April it was selling about 23 stations to a group of buyers, one of which was not disclosed at the time. Sinclair is expecting the closing to happen near the end of the second quarter or early in the third quarter. Sinclair shares were not yet active premarket, but have fallen 23% in the last 12 months, while the S&P 500 has gained 11%.
Electronic Arts stock rises as analysts cheer latest quarterly numbers
Shares of Electronic Arts Inc. are up 2.7% in premarket trading after several analysts cheered the video-game publisher's better-than-expected quarter. "EA was little affected by the sudden popularity of Fortnite," wrote Oppenheimer's Andrew Uerkwitz, who raised his price target to $140 from $130. "Its 31% year-over-year growth in live service bookings proves that its sports-oriented, differentiated game portfolio and focus on live updates can maintain core player engagement and spending despite hyped new games." KeyBanc Capital Markets analyst Evan Wingren said the company hinted that it might make certain titles available on EA's subscription services more quickly. These titles might be a part of a "new, higher-priced tier," Wingren said, which could help achieve "the ultimate goal of getting as many players as possible onto games and participating in live services." EA shares are up 29% over the past 12 months, while the S&P 500 has gained 11%.
BreakingThree freed American prisoners returning from North Korea with Pompeo, Trump says
President Donald Trump said Wednesday that three freed American prisoners are returning from North Korea with Secretary of State Mike Pompeo. "They seem to be in good health," Trump said on Twitter. The three Americans, Kim Dong-chul, Tony Kim and Kim Hak-song, had been held on espionage charges. Trump said he would personally meet them at Joint Base Andrews upon their return.
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Personal Finance
![Why these common travel savings tricks can cost you]()
Why these common travel savings tricks can cost you
If you’re not careful, some travel hacks can end up costing you more time and money.
![Young and cash-strapped? Here are the best cities for you to live]()
Young and cash-strapped? Here are the best cities for you to live
The rankings assess affordability, commute time and number of young people.
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Inside MarketWatch
Blankenship in 3rd place in West Virginia Republican primary; Braun to face Democratic incumbent Donnelly in Indiana
In West Virginia's closely watched primary, Democratic incumbent Joe Manchin is the projected winner of the Democratic Senate nod, easily defeating challenger Paula Jean Swearengin. The three-person Republican race remained too close to call at this hour but ex-coal mining executive, and ex-felon, Don Blankenship was trailing in third place. Blankenship, who had used racially charged language in his advertising, promised to be "Trumpier than Trump." But he had not earned the president's backing. Elsewhere, Ohio Attorney General Mike DeWine, one of the state's best-known politicians, is the projected winner in a bitter Republican primary in the race to replace GOP Gov. John Kasich, who is out because of term limits, the Association Press and NBC News have called. On the Democratic side, Obama-era consumer protection bureau head Richard Cordray looks to have won his party's nomination for governor. He beat Dennis Kucinich, the former nine-term congressman and Cleveland mayor who ran on an anti-gun, pro-environment platform. In the state's Senate race, U.S. Rep. Jim Renacci has won the Republican primary to challenge Democratic U.S. Sen. Sherrod Brown this fall, AP said. Meanwhile, Mike Braun wins the Republican primary in Indiana for U.S. Senate. He advances to face Democratic Sen. Joe Donnelly in the November matchup; Donnelly is considered one of the Senate's most vulnerable Democrats. Mike Pence's brother, Greg, who had never run for office, has won the Republican nomination for an Indiana congressional seat. North Carolina was also holding its primary. All four states went for Trump in 2016, and their primary races are offering some insight into Republican voters' mood two years later.
What’s the matter with wages?
Workers are in high demand, so they should be commanding top dollar. Caroline Baum explores why they aren’t getting big raises.
Lloyd’s underwriters ordered to stop National Rifle Association insurance
Move follows a $1.3m fine levied by the New York Department of Financial Services on insurer Chubb
