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U.S. markets news

China seizes control of Anbang Insurance as chairman prosecuted
BEIJING/SHANGHAI (Reuters) - The Chinese government on Friday seized control of Anbang Insurance Group Co Ltd and said its chairman had been prosecuted, a dramatic move that highlights Beijing's willingness to curtail big-spending conglomerates as it ...
China seizes control of deal-hungry insurer Anbang  CNNMoney
What We Know So Far About China's Anbang Takeover: Q&A  Bloomberg
BBC News  
Companies Are Starting to Back Away From the Gun Industry and NRA
Signs are emerging that companies and investors are starting to push back against the gun industry and its main lobbying group, the National Rifle Association (NRA), in the wake of last week's Florida high school shooting.
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 Legal Battle Officially Begins: What You Need To Know
Andrew Rossow , Contributor I write on social media crime, technology, privacy & digital currency Opinions expressed by Forbes Contributors are their own.
Net neutrality: Clock is ticking for those who want old rules back  USA TODAY
The FCC's vote repealing its net neutrality rules is finally official ...  Washington Post
Toys 'R' Us, Seeking Stability, May Close 200 More Stores
Toys “R” Us, the beleaguered chain under pressure from Amazon and bigger toy sellers, may close dozens of more stores as it struggles to find a path out of bankruptcy and return to financial viability.
Toys are not us: Target investors  Reuters
Toys R Us could close more stores or liquidate  Retail Dive
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
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
RBS reports its first profit in a decade, after nearly �60 billion in losses  Quartz
Bill Gates is clueless when it comes to grocery prices — are you any better?
Bill Gates may be one of the richest men in the world. Sure, he may be a genius. And, to be fair, he may even relate to the Average Joe on some level, but you wouldn't know it from his appearance on “The Ellen DeGeneres Show” this week.
Bill Gates' biggest worry as a 31-year-old billionaire wasn't Apple ...  Quartz
Bill Gates doesn't have 'extravagant tastes' but he admits he ...  CNBC
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
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
Instant Pot company warns of potential melting, overheating problems
OTTAWA, Ont. - Instant Pot is warning owners of their popular line of multicookers that they should stop using one of the models after reports of overheating and melting damage.
Got an Instant Pot Gem 65 in your kitchen? Check it against safety alert  The News Tribune
Instant Pot warns customers of overheated, melting pots