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U.S. markets news

China's Economic Growth Looks Strong. Maybe Too Strong.
HONG KONG - The pace of growth in China's economy accelerated last year for the first time in seven years as exports, construction and consumer spending all climbed strongly.
China's 2017 GDP growth was 6.9%, topping both the official target and ...  CNBC
China Posts First Full-Year Growth Pickup Since 2010  Bloomberg
TheStreet.com  
Apple's now free to bring home its overseas cash — here's what it might do ...
Tim Cook Apple CEO Tim Cook's company has more than $200 billion in foreign cash. How exactly it will spend it is an open question.
Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to US  New York Times
Apple to hire 20000, open new campus and pay $38 billion tax bill on ...  USA TODAY
Old hands in South Korea Bitcoin market unfazed by threats of ban
SEOUL/HONG KONG (Reuters) - Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.
Five Things You Need to Know to Start Your Day  Bloomberg
Bitcoin Falls Below $10000 as Virtual Currency Bubble Deflates  New York Times
Goldman investors rattled by latest plunge in bond trading
(Reuters) - Goldman Sachs Group Inc on Wednesday reported a sharp drop in trading revenue that renewed questions about its ability to revive a moribund profit driver or find business to replace it, sending shares down 3 percent.
Goldman Sachs Loses Its Trading Edge  Wall Street Journal
Goldman earnings top Street but bank reports 'shocking' 50% drop in ...  CNBC
Solar panels: A fight with China that Trump may want to avoid
President Trump has a chance to hurt China on trade this month -- but he could end up hurting U.S. jobs, too. Trump is set to decide before the end of January whether to slap punishing tariffs on foreign imports of solar panels, most of which come from ...
US solar energy industry urges Trump not to impose tariffs on imports  Xinhua
Solar industry makes last-minute plea to Trump  Washington Examiner
Report: GM and Waymo lead driverless car race; Tesla lags far behind
In November, Waymo announced it would begin testing fully driverless vehicles with no one in the driver's seat. Then, last week, GM petitioned the federal government for approval to mass-produce a car with no steering wheel or pedals—with plans to ...
Early reviews heap praise on Tesla's Model 3, with a few caveats  CNBC
Two More High-Ranking Tesla Employees Are Out Following Model 3 Production ...  Jalopnik
Alcoa shares slump after fourth quarter results disappoint
Alcoa on Wednesday reported a wider fourth quarter loss, as rising alumina and aluminum prices were offset by one-time charges for restructuring and taxes.
Alcoa Corporation Reports Fourth Quarter and Full-Year 2017 Results  Business Wire (press release)
Alcoa's (AA) CEO Roy Harvey on Q4 2017 Results - Earnings Call Transcript  Seeking Alpha
Dumped Cars, EV Dreams: What We Learned at the Detroit Auto Show
The auto industry is undergoing the most upheaval since the advent of Henry Ford's assembly line. The changes were as evident as the meteor and sonic boom that rattled the frigid city of Detroit this week.
Autonomous Cars Loom, but the Detroit Auto Show Goes On  U.S. News & World Report
3 of the Coolest Concept Vehicles at the Detroit Auto Show  TheStreet.com
Apple CEO Goes to Reno for Groundbreaking of Warehouse
Apple CEO Tim Cook joined Nevada Gov. Brian Sandoval and Reno Mayor Hillary Schieve at a groundbreaking for a new $4 million shipping and receiving warehouse in downtown Reno.
Apple plans to generate $350B, create 20K jobs in US next five years  The Hill
Apple CEO Tim Cook makes surprise visit for Reno facility groundbreaking  Reno Gazette Journal
China criticizes US moves on intellectual property, telecoms
China on Thursday criticized recent moves by the U.S. targeting the sale of fake goods and Chinese telecoms equipment, saying Washington lacked "objectivity" in its approach to Chinese businesses.
USTR relists Alibaba as counterfeit market for auto parts  Tire Business