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U.S. markets news

GE shares dive after 'deeply disappointing' $6.2 billion insurance portfolio ...
Tuesday after a review of its GE Capital insurance portfolio that it will take a $6.2 billion after-tax charge for the fourth quarter of 2017 and expects to contribute $15 billion over the next seven years to shore up the portfolio's reserves.
GE breakup suggested during earnings call  CBS News
GE breakup is likely and could come as soon as this spring: Sources  CNBC
U.S. News & World Report  
The Senate's push to overrule the FCC on net neutrality now has 50 votes ...
Fifty senators have endorsed a legislative measure to override the Federal Communications Commission's recent decision to deregulate the broadband industry, top Democrats said Monday.
Dems say they have 50 votes in Senate to overrule net neutrality repeal  The Hill
Senate Dems searching for one last vote to revive FCC's net neutrality rules  CNBC
McDonald's aims for fully recycled packaging by 2025
Fast food giant McDonald's has said all its packaging worldwide will come from sustainable sources by 2025. The restaurant chain will aim to get all items like bags, straws, wrappers and cups from recycled or renewable materials, up from half currently ...
McDonald's Plans Environmental Push to Help Boost Its Image  Fortune
McDonald's Makes Recycling Push in Latest Bid to Burnish Image  Bloomberg
Dow breaks above 26000 for the first time, Merck and UnitedHealth jump
U.S. stocks traded sharply higher as investors chased a market breaking out on better-than-expected earnings and rising economic optimism under President Donald Trump.
Dow 26000: The stock market is a runaway freight train  CNNMoney
Dow breaches 26000 mark on robust earnings reports
Seeing Past Citigroup's Big Loss
The bank on Tuesday reported a large fourth-quarter loss, reflecting a bigger-than-expected $22 billion writeoff related to changes in U.S.
Citigroup reports $18 billion loss on one-time tax items  Reuters
Citigroup's $18 Billion Loss Recalls 'Sins' of the Financial ...
More than 200000 sign petition in South Korea to stop government's crackdown ...
More than 212,700 have signed a petition calling for the government to refrain from regulating cryptocurrencies and taking away the "happy dream" of South Koreans.
Bitcoin Tumbles 20% as Fears of Cryptocurrency Crackdown Linger  Bloomberg
As Bitcoin, Ethereum, and Ripple Plunge, These Cryptocurrencies Are on the Rise  Fortune
Exclusive: US lawmakers urge AT&T to cut commercial ties with Huawei - sources
WASHINGTON (Reuters) - U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut commercial ties to Chinese phone maker Huawei Technologies Co Ltd and oppose plans by telecom operator China Mobile Ltd to enter the U.S.
Lawmakers said to be behind Huawei's continued US carrier woes  TechCrunch
Collapse of Huawei-AT&T Deal a Double Blow to China  The Diplomat
CVS will stop airbrushing photos it uses to sell beauty products
CVS wants women to be able browse for lipstick and moisturizer without worrying whether their lips are full enough or their forehead is smooth enough.
'We have a responsibility': CVS vows to stop altering beauty images ...  The Daily Nonpareil
Drugstore Chain CVS Health to Ban Retouched Images  Fstoppers
Alaska to Fly to From Everett, Washington, to 8 Cities
Alaska Airlines will begin offering nonstop flight service this fall from Paine Field airport in Everett, Washington, to eight Western cities.
Vegas, LA, Phoenix, and more destinations from Paine Field  The Daily Herald
Alaska Announces Paine Field Destinations
Google Cloud infrastructure expansion to continue with three new undersea cables
Diane Greene, who heads up Google's cloud unit, often marvels at how much her company invests in Google Cloud infrastructure. It's with good reason.
Google To Expand Undersea Cable Project To Support $30B Cloud Infrastructure ...  MediaPost Communications
Google plans to build 3 new underwater cables to expand its cloud business  CNBC