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U.S. markets news

Amazon is considering LA and 19 other places for its second headquarters Inc. said Thursday that Los Angeles and 19 other places are the finalists for the $5-billion second headquarters the giant online retailer plans to build.
Ranking Amazon's HQ2 short list: Analysis of the top 20 contenders, and ...  GeekWire
Amazon just dropped a major hint on where it wants its new headquarters to be  Business Insider
Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to US
SAN FRANCISCO - Apple, which had long deferred paying taxes on its foreign earnings and had become synonymous with hoarding money overseas, unveiled plans on Wednesday that would bring back the vast majority of the $252 billion in cash that it held ...
Apple plans new US campus, to pay $38 billion in foreign cash taxes  Reuters
Apple Successfully Avoids $50 Billion in American Taxes  Gizmodo
Emirates Offers A380 a Lifeline, Signing $16 Billion Deal With Airbus
The Airbus A380 lives on, for now. The Dubai-based airline Emirates threw a lifeline on Thursday to the A380, the world's largest passenger aircraft, putting in a $16 billion order for up to 36 of the planes to be delivered starting from 2020.
How Emirates Airline Just Singlehandedly Saved the Airbus A380  Fortune
Emirates hands A380 superjumbo a lifeline with $16 billion order  Reuters
Wells Fargo billing glitch infuriates customers
The bank apologized on Thursday for its latest embarrassment and said the "error" was fixed overnight. Wells Fargo promised to refund any related fees or charges.
Wells Fargo customers find accounts drained by mistaken double charges  Austin American-Statesman
Furious Wells Fargo customers say bank accounts drained, overdrawn by double ...  Charlotte Observer
Mulvaney asks Fed to withhold additional consumer bureau funding
The acting director of the Consumer Financial Protection Bureau asked the Federal Reserve on Wednesday to withhold additional funding from the agency for the second quarter of fiscal 2018.
Trump's consumer protection bureau has an odd budget request: Zero  CNBC
Mulvaney requests no funding for Consumer Financial Protection Bureau  Politico
China's 2017 GDP growth accelerates for first time in seven years
BEIJING (Reuters) - China's economy grew faster than expected in the fourth quarter of 2017, as an export recovery helped the country post its first annual acceleration in growth in seven years, defying concerns that intensifying curbs on industry and ...
China Reports Its Fastest Economic Growth In 7 Years  NPR
China economy rebounds in 2017 with 6.9% growth  Khaleej Times
US housing starts fall; jobless claims hit 45-year low
WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two months of hefty gains.
US Jobless Claims Plunge to Lowest Weekly Tally Since 1973  Bloomberg
US Jobless Claims Fell Last Week to Near 45-Year Low  Wall Street Journal
Nestle Is Launching New KitKats and They're Made From Natural Ruby Chocolate
Nestle will sweeten Japan's Valentine's Day with ruby-chocolate KitKats, choosing one of the world's most candy-obsessed markets for the debut of the first new type of natural chocolate in more than 80 years.
Nestle to launch ruby chocolate KitKat in Asia  Reuters
Nestle is making a pink KitKat from ruby chocolate  CNNMoney
Will General Electric Reveal More Bone-Crushing Pain for Investors?
On the chart of General Electric, Relative Strength and money flow both scream for investors to run for the hills. ByStephen Guilfoyle.
GE's $31 billion pension nightmare  CNNMoney
What Does General Electric Company (GE) Insurance Portfolio Review Spell Out ...  Smarter Analyst
OPEC's Casual Relationship With Hedge Funds
Historically, the oil exporters' club routinely blamed "speculators" for moving oil prices too far this way or that relative to fundamental supply and demand.
Crude Oil Price Turns Higher on Big Inventory Draw  24/7 Wall St.
OPEC sees shale drillers making returns, raising output as costs climb