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U.S. markets news

China seizes control of troubled insurer that owns Waldorf Astoria
BEIJING - Chinese regulators have taken over Anbang Insurance Group Co., the sprawling Chinese conglomerate that owns New York's Waldorf Astoria Hotel, and charged its once highflying former chairman with economic crimes.
Anbang and the Financialization of China's Economy  Wall Street Journal
Big stock swings; Cinemark earnings; Beijing grabs Waldorf Astoria  CNNMoney
#BoycottNRA: Enterprise car rentals, Omaha bank sever gun lobby ties as ...
Two major companies, Enterprise Holdings Inc. and First National Bank of Omaha ended co-branding partnerships with the National Rifle Association Thursday as a #BoycottNRA social media movement picked up steam.
First National Bank of Omaha and car rental company Enterprise bail on NRA ...  CNBC
NRA backlash: Major bank and car-rental giant are ending partnerships  MarketWatch
General Mills to Buy Blue Buffalo For $8 Billion
General Mills has agreed to buy Blue Buffalo Pet Products for about $8 billion, as the food giant looks for a piece of the fast-growing natural pet-food market.
General Mills Accelerates Portfolio Reshaping With Acquisition of Blue ...  PR Newswire (press release)
General Mills to Buy Blue Buffalo Pet Food for $8 Billion  Bloomberg
With rules repealed, what's next for net neutrality?
The battle over the Federal Communications Commission's (FCC) repeal of net neutrality rules is entering a new phase, with opponents of the move launching efforts to preserve the Obama-era consumer protections.
Net neutrality rules will officially end in April  USA TODAY
The FCC's vote repealing its net neutrality rules is finally official ...  Washington Post
Toyota dominates Consumer Reports 2018 Top Picks for vehicles
Japanese automaker Toyota dominated the competition in Consumer Reports' 2018 ranking of the best vehicles in the U.S.. Although Toyota has lost its throne as the world's largest automaker by sales volume - falling behind Volkswagen and the alliance ...
Hyundai luxury brand Genesis ranked No. 1 by Consumer Reports  CNBC
Luxury-Car Ranks Upended as Genesis Tops Germany's Stalwarts  Bloomberg
UK economic growth revised down on inflation
LONDON • The UK economy expanded less than previously estimated in the fourth quarter (4Q) as consumers and businesses absorbed faster price increases.
Struggle for talent continues despite rise in unemployment – REC  Onrec
GDP weaker than expected in fourth quarter of last year  Yahoo News UK
Toys are not us: Target investors
(Reuters) - Target Corp (TGT.N) should hold off on plans to cash in on a perceived advantage in toys after the collapse of Toys “R” Us, several of the company's investors told Reuters, worried it could eat up capital desperately needed in an Amazon ...
Toys R Us could close more stores or liquidate  Retail Dive
Toys R Us may close 200 more stores, reports indicate
Robinhood Opens Cryptocurrency Trading
More than 4 million people have signed up to open accounts at Robinhood Markets Inc. as the brokerage app begins offering commission-free trading of Bitcoin and Ethereum today for the first time.
Robinhood rolls out zero-fee crypto trading as it hits 4M users  TechCrunch
Free trading app makes its debut; Dudley takes a swipe at cryptocurrencies  MarketWatch
Amazon Plans to Open Six More Cashierless Stores, Recode Says Inc. plans to open as many as six more cashierless stores this year, according to a report. The e-commerce giant is considering locations in Los Angeles and hometown Seattle, where the first Amazon Go store opened last month, Recode reported ...
Amazon reportedly plans to open more of its futuristic, cashierless stores ...  Business Insider
Amazon to open more cashier-less stores this year: report  The Mercury News
Next up for markets: New Fed Chair Powell weighs in on the interest rate debate
Fed Chair Jerome Powell's testimony next week is the next big catalyst markets are watching, hoping the new central bank chair will be a referee in the tug-of-war between stocks and bonds.
Inflation Worrywarts Just Need to Calm Down  Bloomberg
Rising interest rates are near the danger zone  CBS News