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U.S. markets news

Ripple co-founder loses $44 billion on paper during cryptocurrency crash
With XRP trading near $1 Wednesday, Ripple co-founder Chris Larsen holds the equivalent of just $15.8 billion, according to CNBC calculations using figures from Forbes.
Regulatory fears hammer bitcoin below $10000, half its peak  Reuters
How to buy Bitcoin, Ethereum at their current lows on your iPhone with Coinbase  AppleInsider (press release) (blog)
Business Insider  
Dow Again On Track for First Close Above 26000
Widespread gains had the Dow Jones Industrial Average on track to close above 26000 for the first time Wednesday following a spate of bank earnings and corporate updates.
Dow jumps 323 points, closes above 26000 for first time in its 121-year history  USA TODAY
Dow spikes 322 points, closes above 26000 for the first time  CNBC
Goldman Sachs Posts Its First Quarterly Loss in 6 Years Thanks to Trump's Tax Bill
Goldman posted its earnings, revealing its first quarterly loss since 2011 in part thanks to Donald Trump's tax overhaul. But Goldman Sachs' stock price is falling due to a more systemic issue.
Goldman investors rattled by latest plunge in bond trading  Reuters
Goldman Sachs (GS) Q4 2017 Results - Earnings Call Transcript  Seeking Alpha
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 ...
Two More High-Ranking Tesla Employees Are Out Following Model 3 Production ...  Jalopnik
Voice Control Coming To Tesla Model 3 Vehicles  PYMNTS.com
British Airways Turns Away Passenger Away Wearing 10 Layers of Clothing
The cost of bringing luggage aboard an airplane can sometimes be close to the flight itself. One British Airways passenger tried to skirt all the fees in a unique way: he decided to wear all his clothes on board rather than putting them in a bag, The ...
This Guy Put on Ten Layers of Clothes When He Was Unable to Pay a Bag Fee  VICE
Passenger wearing 8 pairs of pants, 10 shirts blocked from flying  SFGate
Walmart Now Offers Free Opioid Disposal Solution in All of Its Pharmacies
The largest retailer in the world is now the latest champion against America's worsening opioid epidemic. Wal-Mart Stores Inc. (WMT - Get Report) unveiled Wednesday an opioid disposal system that would safely and entirely dispose of leftover medicine ...
Walmart To Give Away Kits To Dispose Of Opioids At Home  Forbes
Shari Redstone Presses CBS To Consider Board Moves (Report)
Shari Redstone is continuing to work to bend the corporate trajectories of CBS Corp. and Viacom Inc,. the two media conglomerates controlled by her family's movie-exhibition company, National Amusements Inc. In her latest move, Redstone has been ...
Shari Redstone explores adding new CBS directors: WSJ  Reuters
Shari Redstone Wants New CBS Directors, Renews Push for Merger With Viacom  Wall Street Journal
Bitcoin sell-off deepens, digital currency now down 50% from recent peak as ...
Bitcoin's sell-off, sparked by fears of a regulatory crackdown, deepened Wednesday with the price of a single coin briefly dropping below $10,000 for the first time since November and its total loss spiraling to 50% since its mid-December peak.
Sorry, Bitcoin Fans. Digital Currency Is Still a Dream.  Bloomberg
The price of Bitcoin could reach $100000 in 2018, says analyst who correctly ...  Daily Mail
Consumer bureau asks for complaints about agency practices ahead of major shake-up
The Consumer Financial Protection Bureau (CFPB) is asking the firms its regulates to submit complaints about the agency's core actions.
Mulvaney launches public review of entire CFPB  American Banker
Trump administration reconsiders Richard Cordray's payday-lending rule  cleveland.com
Goldman's No. 2 Allegedly Swindled Out of $1.2 Million of Wine by Assistant
A former personal assistant to Goldman Sachs Group Inc. Co-President David Solomon faces federal charges that he stole more than $1.2 million of rare wine from his boss.
Goldman Sachs's co-president allegedly had $1.2 million of wine stolen ...  Business Insider
Assistant to rare-wine collector swipes $1.2M in vintage bottles  New York Post