Wall Street braces from the latest out of Puerto Rico’s endless debt crisis. Here are some of the other top stories the Yahoo Finance team is following this morning.
Merger deal called off between Halliburton & Baker Hughes
Baker Hughes (BHI) will buy back $1.5 billion in stock after a merger was called off with Halliburton (HAL). The $28 billion merger deal is off after opposition from U.S. and European antitrust regulators.
Hulu wants to create streaming tv service: WSJ
Hulu wants to move beyond web streaming and challenge cable companies with its own Internet TV service. Customers will be able to live stream channels including FOX (NWS),ABC, and ESPN (DIS),according to reports. It’s estimated the new Hulu service will be around $40 a month.
Craig Wright reportedly steps forward as Bitcoin creator
The creator of Bitcoin has reportedly stepped forward. Australian tech entrepreneur Craig Wright says he is the person responsible for the digital currency. Bitcoin fell more than 3% in value after the news of Wright went public.
- Investment & Company Information
- Baker Hughes