Around the News from USA

• U.S. Treasury yields fall • Crude oil prices rise Asian stocks mostly weakened Wednesday after President Trump’s comments in a White House cabinet meeting signaled enduring tensions with China over trade and technology. In Europe, the Stoxx Europe 600 switched between small losses and gains ahead of another day of major U.S. earnings. A dealer at KEB Hana Bank in Seoul. Photo: jeon heon-kyun/Shutterstock Bank of America ‘s results are due Tuesday and investors will want to know whether low interest rates have benefited its consumer business, as they have for other major U.S. banks. Netflix , eBay and Alcoa are due to report later in the day. U.S. stocks fell from a record high Tuesday after Mr. Trump said the government would examine national-security concerns around Google’s ties…

A Chinese video-streaming service raised $775 million through a Nasdaq listing, capitalizing on the growing popularity of watching others play games on the internet. The initial public offering by DouYu International Holdings Ltd. was the biggest this year by a Chinese company in the U.S., ahead of the $645 million IPO of cafe chain Luckin Coffee Inc. DouYu offers both desktop and mobile apps, and counts China’s Huya Inc. and Amazon.com Inc.’s Twitch among its peers. DouYu, which is backed by Chinese internet heavyweight Tencent Holdings Ltd. , sold 67.39 million American depositary shares at $11.50 apiece, at the bottom of an indicative price range of $11.50 to $14.00 a share, it said in a statement. Its shares will start trading on Wednesday. The IPO values the company at nearly…

Same-store sales at Domino’s Pizza slowed in the latest quarter amid increasing competition from delivery companies. Photo: Steven Senne/Associated Press Updated July 16, 2019 4:32 pm ET Investors are losing their appetite for Domino’s Pizza . Shares fell 8.7% Tuesday, compared with the S&P 500’s 0.3% decline, after the Michigan-based pizza chain reported weaker-than-expected sales for the second quarter. The figure that investors homed in on: same-store sales. They grew 3% in the U.S. in the quarter, almost a full 4 percentage points less than they did for the comparable period in 2018. The faltering momentum seemed to overshadow the broader trend for Domino’s, which said Tuesday that it has posted same-store sales growing in the U.S. for 33 consecutive quarters. One possible culprit? Delivery apps. Domino’s, like rivals Papa…

IAC/InterActiveCorp will pay $250 million for a stake in Turo Inc. in a deal that values the burgeoning peer-to-peer car-sharing company at more than $1 billion.The cash from Barry Diller’s IAC will be used to fuel Turo’s growth as the race to capture market share in the still-nascent vehicle-sharing industry heats up, IAC officials said in interviews this week. The deal will make IAC Turo’s largest shareholder.San Francisco-based Turo generated roughly $250 million in revenue in 2018, according to a person familiar with the company’s finances. Turo, which currently has 10 million members and nearly 400,000 listed vehicles, allows people to rent out their cars online or through its app. Founded in 2010, the company is now in 49 states and 5,500 cities except New York, where such rentals can’t…

Richard Hayes left a $45 million coin on the streets of Manhattan all day Tuesday, but he wasn’t particularly worried about a thief carting it off.The coin—with Queen Elizabeth’s profile pressed onto one side and a mid-hop kangaroo on the other—is beyond the wiles of the average pickpocket. It measures nearly 32 inches in diameter and is almost 5 inches thick.Oh, and it weighs about 2,200 pounds. (That is more than 32,000 troy ounces, for the precious-metals buffs out there.) Share Your Thoughts Do you have a rare or special coin? What is it and how did you get it? Join the conversation below. Mr. Hayes is the chief executive of the Perth Mint, one of the world’s largest gold refiners. He flew to the U.S. from Australia with the…