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U.S. markets news

Beijing Takes Over Anbang, Insurer That Owns Waldorf Astoria
BEIJING - The Chinese government said on Friday that it had seized control of Anbang Insurance Group, the troubled Chinese company that owns the Waldorf Astoria hotel and other marquee properties around the world, and it had charged the company's ...
What We Know So Far About China's Anbang Takeover: Q&A  Bloomberg
China seizes control of insurance giant Anbang  BBC News
Los Angeles Times  
US Bank Halts NRA Credit Card, Car Rental Firm Ends Discount
Lincoln, Neb. (AP) -- The nation's largest privately-owned bank holding company and a major car rental chain said Thursday they will stop promotions aimed at National Rifle Association members.
One of the world's largest rental-car companies is ending a key ...  Business Insider
NRA-branded Visa card dropped by First National Bank of Omaha  USA TODAY
Net neutrality: Clock is ticking for those who want old rules back
The days are now truly numbered for the federal regulations that prevent Internet service providers from blocking, throttling or prioritizing content on their broadband networks.
Net Neutrality Legal Battle Officially Begins: What You Need To Know  Forbes
The FCC's vote repealing its net neutrality rules is finally official ...  Washington Post
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
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
RBS posts first full-year profit in a decade, as litigation costs drop
Royal Bank of Scotland Group PLC said Friday that it made its first full-year profit in 10 years in 2017, despite a fourth-quarter loss.
UK taxpayer-owned RBS reports first profit in a decade  ABC News
RBS shares drop 4% on fears of heavy US fines - business live  The Guardian
Bill Gates' biggest worry as a 31-year-old billionaire wasn't Apple or IBM
When Bill Gates became a billionaire at age 31, he got just a little bit fancy. “I don't have that many things that are extravagant taste, so things didn't change too much,” he told Ellen Degeneres on her show yesterday (Feb 21).
Bill Gates doesn't have 'extravagant tastes' but he admits he ...  CNBC
Bill Gates is clueless when it comes to grocery prices — are you any better?  MarketWatch
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
Easy Ride trial to mark Nissan's first stop on road to taxi services
YOKOHAMA (Reuters) - Nissan Motor Co is taking its first steps to becoming an operator of autonomous vehicle services, hoping to break into a segment set to be dominated by Uber [UBER.
Nissan is taking on Uber with its own self-driving taxi service  CNBC
Nissan and DeNA will begin testing a self-driving taxi service in Japan next ...  TechCrunch
Some Instant Pot models overheating and melting, company warns
You might want to check the model number on that Instant Pot you got for Christmas because according to makers of the popular plug-in pressure cooker extraordinaire, some models are "overheating, resulting in localized melting damage to the underside ...
Instant Pot company receives reports of melting cookers: check your unit
Instant Pot company warns of potential melting, overheating problems