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U.S. markets news

Europe's largest bank sees reported profit rise more than 140 percent in 2017
The bank, largest in Europe by assets, said its full-year profit before tax rose 10.9 percent to $20.99 billion after adjusting for foreign currency translation and one-off items.
Gulliver Ends HSBC Tenure With Rare Profit Miss on Margins  Bloomberg
Global Bank HSBC Reports 2017 Pretax Profit Rose 11 Percent  U.S. News & World Report
BBC News  
Chicken chaos as KFC closes outlets
KFC has closed more than half of its 900 UK outlets after delivery problems meant they ran out of chicken. Last week, the fried chicken chain switched its delivery contract to DHL, which blamed "operational issues" for the supply disruption.
KFC is suffering from a chicken shortage in the UK Yes, you read that right.  USA TODAY
KFC restaurants in the UK have a problem. They don't have chicken.  Washington Post
General Motors offers $2.2 billion debt for equity swap in return for Seoul's ...
General Motors has offered to convert debt of around $2.2 billion owed by its ailing South Korean operation into equity in exchange for financial support and tax benefits from Seoul, according to sources.
Exclusive: GM offers $2.2 billion debt for equity swap in return for Seoul ...  Reuters
NY employee's job in limbo after seen berating Delta flight attendant in viral ...
ALBANY - A state worker's $95,000-a-year job was in limbo Monday as a video of her threatening the job of a flight attendant - and citing her ties to Gov.
She didn't expect her video of a screaming Delta passenger would go ...  NOLA.com
Mom who filmed passenger's viral airplane rant feels 'bad' for ...  Fox News
Indian banks need better governance, not just more money
If there is one thing that the $1.77 billion (over Rs11,000 crore) fraud at Punjab National Bank (PNB) has proved, it is this: Bailing out errant banks with taxpayers' money can only be first-aid, not a long-term solution.
Nirav Modi says PNB closed all options to recover dues by going public - report  Reuters
The letter Nirav Modi wrote to Punjab National Bank  Economic Times
Amazon cooks up new Prime perk: 5% back on Whole Foods purchases
With online giant Amazon having expanded into supermarkets, its loyalty perks program is following right behind. Amazon Prime members who use the Amazon Prime Rewards Visa credit card will now get 5% back when they use the card to shop at Whole Foods ...
Amazon's Prime Rewards Visa cardholders now get 5% back at Whole Foods ...  TechCrunch
Amazon Prime credit card now offers 5 percent back at Whole Foods  CNET
Another Dog Food Company Recalls Food Tainted With Euthanasia Drug
Several major dog food brands owned by J.M. Smucker have been recalled by the FDA after small amounts of a euthanasia drug were discovered inside.
Kibbles 'N Bits, other dog foods recalled over lethal drug  CBS News
Dog Food Recall: FDA Finds Deadly Pet Euthanasia in Several Common Brands  Newsweek
Elon Musk's Boring Company gets green light to start digging in Washington, DC
Elon Musk's tunnel-boring project has received more vague government approval for its equally vague plans to build an underground hyperloop between New York and Washington, DC.
Elon Musk Is Back to Digging Tunnels, This Time Under DC  Gizmodo
Washington DC has given Elon Musk a permit for his Hyperloop  BGR
Guitar company Gibson reportedly facing bankruptcy
The company, whose Les Paul and SG instruments have been played by generations of musicians, including stars such as Slash, Bob Marley and Carlos Santana, was founded more than 100 years ago in Michigan.
Gibson Guitar may be facing bankruptcy, reports say  WCPO
Gibson Guitars: Bankruptcy Of Musical Instrument Maker Imminent, According ...  The Inquisitr
Farting Passenger Forces Plane To Make Emergency Landing
A flight from Dubai to Amsterdam had to make an emergency landing in Vienna after a fight broke out because one of the passengers wouldn't stop breaking wind.
Flight forced to land after man refuses to stop passing gas  WCVB Boston
Fight allegedly breaks out on flight due to flatulence  WCPO