MarketWatch First Take: Broadcom deal to buy CA makes little sense on the surface

MarketWatch First Take: Broadcom deal to buy CA makes little sense on the surface
Broadcom Inc.’s surprise $18.9 billion deal to buy software company CA Inc. makes little sense on the surface, but signals a new direction for the tech conglomerate, possibly turning itself into a private-equity player. Late Wednesday, Broadcom AVGO, -2.84% confirmed it would buy CA CA, +0.16% , which derives just over 50% of its revenue from mainframe software, for $18.9... Read More

The Wall Street Journal: Uber lays off autonomous-car test drivers in Pittsburgh, San Francisco

The Wall Street Journal: Uber lays off autonomous-car test drivers in Pittsburgh, San Francisco
Uber Technologies Inc. is cutting more than 100 test-driver jobs from its autonomous vehicle program in Pittsburgh and San Francisco months after a fatal crash involving one of the robot cars. Uber on Wednesday explained the move by saying it wants to focus on more highly trained drivers that it is dubbing “mission specialists,” who can man the autonomous vehicles... Read More

The Margin: Kylie Jenner makes Forbes list of wealthiest ‘self-made’ women and the internet is up in arms

The Margin: Kylie Jenner makes Forbes list of wealthiest ‘self-made’ women and the internet is up in arms
“The exact opposite of ‘self made.’” “This is what crushing it looks like.” Those were just two of the many, many opinions posted to Twitter after Forbes put Kylie Jenner on the cover of its “America’s Women Billionaires” issue and said she was on her way to being “the youngest-ever self-made billionaire.” Jenner, the youngest daughter of the “Keeping Up... Read More

The Wall Street Journal: Allegations against Rep. Jim Jordan could derail his political career

The Wall Street Journal: Allegations against Rep. Jim Jordan could derail his political career
WASHINGTON — Rep. Jim Jordan, R-Ohio, faces an uncertain political future, as GOP lawmakers and aides question whether his high-profile role as a conservative instigator can survive allegations that he didn’t try to stop a team doctor’s alleged sexual misconduct on the Ohio State University wrestling team. A series of former members of the team, where Jordan was an assistant... Read More

The Wall Street Journal: Facebook to give academics ‘full access’ to data for election studies

The Wall Street Journal: Facebook to give academics ‘full access’ to data for election studies
Facebook Inc. will give a newly formed group of academics “full access” to data on its 2.2 billion users for the purpose of identifying areas of research about the effects of social media on elections and democracy, the group said Wednesday. Social Science One, a group formed earlier this year with backing from nonprofits including The John S. and James L. Knight Foundation and The... Read More

Personal Finance Daily: How airlines handle food allergies and more U.S. companies reviewed their sexual harassment policies in the wake of #MeToo

Personal Finance Daily: How airlines handle food allergies and more U.S. companies reviewed their sexual harassment policies in the wake of #MeToo
Happy Wednesday, MarketWatchers. Don’t miss today’s top stories. Personal Finance My sister sold our parents’ home and pocketed the cash—what should I do now? This woman believes her sister may have run away with her father’s money. The wage gap starts at home: Boys are paid more than girls for household chores Boys make twice as much as girls, according... Read More

Currencies: Dollar rises by the most against yen in 11 weeks amid renewed Trump tariff angst

Currencies: Dollar rises by the most against yen in 11 weeks amid renewed Trump tariff angst
The U.S. dollar on Wednesday strengthened broadly against most of its major rivals—notably against the Japanese yen— following fresh consternation over President Donald Trump’s clashes with major trading partners and allies across the globe. The U.S. late Tuesday said it would assess 10% tariffs on a further $200 billion in Chinese goods. The move is seen as exacerbating tensions with... Read More