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U.S. markets news

Fed Set to Raise Rates, Issue New Economic Projections
Jerome Powell testified at a Senate Banking Committee hearing March 1. He will hold his first press conference as Federal Reserve chairman at 2:30 p.m.
Fed's Rate Decision: What to Watch For  New York Times
Fed's New Chairman Steps Into Spotlight Amid An Expected Rate Increase  NPR
Where is Mark Zuckerberg?
Plus, four other questions we have for Facebook as it deals with its Cambridge Analytica data scandal. By Kurt Wagner Mar 20, 2018, 8:40pm EDT.
Breaking up with Facebook? It's harder than it looks  Washington Post
Facebook's Mark Zuckerberg Is Finally Going to Speak  Fortune
Tech Giants Face Hundreds of Millions in New Taxes Under EU Proposals
Facebook and Google are among a clutch of U.S. tech giants that could face higher taxes in Europe. Photo: damien meyer/Agence France-Presse/Getty Images.
Tech giants face hefty new EU taxes under proposal  MarketWatch
EU To Propose Tax On Big Tech Companies' Sales
Arizona, Site of Deadly Uber Crash, Pushed to Become Nation's Test Lab for ...
Gov. Doug Ducey has made welcoming tech companies—especially the driverless car industry—a priority. Arizona Gov. Doug Ducey has made a point of cutting regulations for businesses, with an aim of making the state a hub for tech companies Photo: Jose ...
Self-Driving Cars Keep Rolling Despite Uber Crash  Bloomberg
Self-driving car accidents will keep happening. We need to learn from them  CNNMoney
Bayer Clears EU Hurdle for Monsanto Deal With BASF Sale
Bayer AG cleared one big hurdle for its $66 billion takeover of Monsanto, winning European Union approval for the deal after agreeing to bolster BASF SE by selling it seeds, pesticides and digital agriculture technology.
Bayer wins EU approval for $62.5 billion Monsanto buy  Reuters
EU Conditionally Approves Bayer's Proposed Acquisition Of Monsanto  Nasdaq
EU reveals a digital tax plan that could penalize Google, Amazon and Facebook
According to data from the European Commission, digital companies pay on average an effective tax rate of 9.5 percent - compared to 23.2 percent for traditional businesses.
Amazon passes Alphabet to become the second most valuable US-listed company  VentureBeat
Is, Inc. a Buy?  Motley Fool
Ex-Uber CEO Travis Kalanick's Next Act: Real-Estate Development
Former Uber CEO Travis Kalanick is seen last month in San Francisco. On Tuesday he announced that he is investing $150 million into a distressed real-estate outfit where he will take the top job.
Travis Kalanick is buying a new company that rehabs real estate and will run ...  Recode
Ousted Uber boss Travis Kalanick returns. He'll be developing parking lots.  USA TODAY
Facebook shares slip as scrutiny continues
Facebook shares continued to slide on Tuesday, amid ongoing furore concerning the use of data collected by the social network. The firm's stock closed down 2.6%, following a steep decline a day earlier.
Here's What to Do with Your Facebook Shares Now  Money Morning
Prosecutors raid BMW in emissions investigation
German prosecutors said Tuesday they searched BMW AG's (BMW.XE) premises as part of a preliminary investigation into whether the company installed software capable of manipulating emissions in some of its cars.
BMW Joins List of Carmakers Probed for Suspected Diesel Cheating  Bloomberg
German prosecutors search BMW, Volkswagen headquarters  Business Standard
How Federal Reserve rate hike will affect mortgages, auto loans, credit cards
USA TODAY's Adam Shell tells us what to expect following the increase in interest rates on March 21. USA TODAY. rising-interest-rates-mortgages-income-savings-borrowing_large.
Consumer Borrowing Costs Edge Higher as Fed Keeps Raising Rates  Wall Street Journal