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U.S. markets news

Facebook Needs To Understand The Difference Between Fault And Responsibility
After suspending Cambridge Analytica - a data analytics firm that worked for President Donald Trump's 2016 campaign who claim to "change audience behaviour" - for violating its data privacy policy, Facebook has made some (pretty uncharacteristic ...
Facebook In Hot Water Again; Meredith Plans Sale Of Some Time Inc. Titles  AdExchanger
Facebook may have violated FTC privacy deal, say former federal officials ...  SFGate
NBC4 Washington  
Can China's New Central Banker Restart Reforms?
The new head has pedigree as an advocate of free-market reforms. But he will find it hard to pursue real change. Yi Gang is seen as he is nominated as governor of The People's Bank of China during the National People's Congress in Beijing, March 19 ...
China Names Yi Gang as Its First New Central Bank Chief in 15 Years  Fortune
Chinese Central Bank's Departing Chief Leaves a Legacy of Reform – and ...  Bloomberg
Powell Jumps in Driver's Seat as Fed Weighs Speed of Rate Hikes
For Jerome Powell, raising U.S. interest rates this week will likely be the easy part. The tougher job for the Federal Reserve's new chairman as he presides over his first gathering of the central bank's policy-setting committee is deciding what to do ...
Powell's Fed to show policy caution, shun political friction  Reuters
Asia markets choppy as focus turns to Fed meeting  Financial Times
Shares mixed, yen firm as anxious markets await Fed
SYDNEY (Reuters) - Asian share markets traded mixed on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S.
Asian shares trade mixed as markets await Fed meeting  CNBC
CNET remembers Toys R Us, 'the world's greatest toy store'
It's time to pour one out for Toys R Us. This week, the bankrupt company announced it's shutting its doors for good in the US and UK.
How Toys R Us was doomed by a leveraged buyout and shortsighted strategy  Los Angeles Times
'Exhausted' Toys 'R' Us suppliers weigh options as huge ...  Business Insider
Buffett to Berkshire Shareholders: Be Prepared to Lose Half Your Money
Few investors can match the track record of investing performance that Warren Buffett has achieved, and longtime shareholders of Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) know firsthand how successful long-term investing can result in life-changing ...
Berkshire says median employee makes over half Buffett's pay  Reuters
Warren Buffett Barely Makes More Than Average Berkshire Workers  Bloomberg
AT&T heads to trial in landmark merger fight
The government and AT&T will square off in court this week to decide the fate of a massive media merger in a trial that will have far-reaching effects on the market and regulators.
AT&T's fight to buy CNN, HBO could decide how you stream TV and movies  USA TODAY
AT&T's 'South Park' Argument  Wall Street Journal
Alibaba Will Invest Another $2 Billion in Online Mall Lazada
Alibaba Group Holding Ltd. will invest another $2 billion in Lazada Group SA and install one of its most senior executives to run the business as it doubles its bet on Southeast Asia.
Alibaba invests additional $2 billion in Southeast Asian e-commerce firm Lazada  CNBC
Alibaba Doubles Down On Southeast Asia, Pumps Another $2 Bln Into Lazada  Forbes
CACI seeks to break up General Dynamics' acquisition of CSRA
(Reuters) - U.S. defense contractor CACI International Inc said on Sunday it had offered to merge with larger peer CSRA Inc, seeking to disrupt the latter's $6.8 billion acquisition by General Dynamics Corp.
General Dynamics to Proceed With All Cash Offer to Acquire CSRA  PR Newswire (press release)
CACI makes $7.2B bid for CSRA in effort to top GD's offer  Washington Technology
It is 'hard to understand' why investors are suing Credit Suisse, its CEO says
Credit Suisse Chief Executive Officer Tidjane Thiam on Monday said that it's "hard to understand" why investors are suing the bank over a complex financial product that yielded steep losses for some.
CNBC Transcript: Tidjane Thiam, Group CEO, Credit Suisse  CNBC