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U.S. markets news

Anbang and the Financialization of China's Economy
China's Anbang Insurance went from zero to too-big-to-fail in the blink of an eye. It is a lesson in how quickly China's financial problems grow—and how much is left to clean up.
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
RBS's Female Staff Paid 37% Less on Average Than Men
Royal Bank of Scotland Group Plc pays its female staff on average 37 percent less than men at the bank, becoming the second British financial services company to reveal an acute gender imbalance between employees under new disclosure requirements.
RBS posts first full-year profit in a decade, as litigation costs drop  MarketWatch
UK taxpayer-owned RBS reports first profit in a decade  ABC News
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  AL.com
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
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
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
Amazon Plans to Open Six More Cashierless Stores, Recode Says
Amazon.com 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 may open six new Amazon Go stores this year  Mashable