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U.S. markets news

Ripple co-founder loses $44 billion on paper during cryptocurrency crash
With XRP trading near $1 Wednesday, Ripple co-founder Chris Larsen holds the equivalent of just $15.8 billion, according to CNBC calculations using figures from Forbes.
Bitcoin sell-off deepens, digital currency now down 50% from recent peak as ...  USA TODAY
Regulatory fears hammer bitcoin below $10000, half its peak  Reuters
Fortune  
Report: GM and Waymo lead driverless car race; Tesla lags far behind
In November, Waymo announced it would begin testing fully driverless vehicles with no one in the driver's seat. Then, last week, GM petitioned the federal government for approval to mass-produce a car with no steering wheel or pedals—with plans to ...
Two More High-Ranking Tesla Employees Are Out Following Model 3 Production ...  Jalopnik
Elon Musk roundup: Tesla's Model 3 arrives in stores… SpaceX's ...  L.A. Biz
Crypto Lending Site's Shutdown Renews Ponzi Scheme Allegations
BitConnect isn't letting this week's shuttering of its cryptocurrency exchange and lending operations deter it from attempting to raise funds though another digital token offering.
Bitcoin Crashes to Below $10000 as Cryptocurrency Scams Scare Investors  Fortune
Who Is CryptoNick? Bitcoin Price Fall Blamed on Cryptocurrency 'Scammers ...  Newsweek
US Stock Rally Lifts Dow to First Close Above 26000 Points
A broad rally on Wall Street propelled the Dow Jones industrial average to close above 26,000 points for the first time Wednesday.
Dow spikes 322 points, closes above 26000 for the first time  CNBC
Dow jumps 323 points, closes above 26000 for first time in its 121-year history  USA TODAY
Man booted from British Airways flight for wearing all his clothes to avoid ...
On Twitter, Ryan Carney Williams said he wore the clothes because he couldn't afford the excess-baggage fee, about $125. (Jan. 17, 2018) (Sign up for our free video newsletter here http://bit.
British Airways Turns Away Passenger Wearing 10 Layers of Clothing  Fortune
British Airways Kicks Off Passenger Who Put On All His Clothes To Avoid ...  Newsweek
Bank of America's shares fall after quarterly revenue misses expectations
Bank of America reports adjusted earnings per share of 47 cents, versus expectations of 44 cents from analysts polled by Thomson Reuters.
Bank of America's (BAC) CEO Brian Moynihan on Q4 2017 Results - Earnings ...  Seeking Alpha
BofA's $292 Million Charge Tied to Steinhoff Turmoil  Bloomberg
Mick Mulvaney takes first step toward overhauling Consumer Financial ...
Mick Mulvaney once called the Consumer Financial Protection Bureau a "joke ... in a sad, sick kind of way.” Now, as its acting director, he's in a position to change it.
Consumer bureau asks for complaints about agency practices ahead of major ...  The Hill
Remaking the CFPB? Mulvaney wants to hear from you on how to fix bureau  HousingWire
Goldman's No. 2 Allegedly Swindled Out of $1.2 Million of Wine by Assistant
A former personal assistant to Goldman Sachs Group Inc. Co-President David Solomon faces federal charges that he stole more than $1.2 million of rare wine from his boss.
Goldman Exec Swindled out of $1.2 Million in Vintage Wine: LIVE MARKETS BLOG  TheStreet.com
Goldman Sachs's co-president allegedly had $1.2 million of wine stolen ...  Business Insider
Shari Redstone Presses CBS To Consider Board Moves (Report)
Shari Redstone is continuing to work to bend the corporate trajectories of CBS Corp. and Viacom Inc,. the two media conglomerates controlled by her family's movie-exhibition company, National Amusements Inc. In her latest move, Redstone has been ...
Wall Street Has Mixed Response To Word Of Renewed Viacom-CBS Talks  Deadline
UPDATE 1-Shari Redstone explores adding new CBS directors -WSJ  Reuters
Princess Cruises to Host More Volunteer Groups on Caribbean Cruises
(1:48 p.m. EST) -- Caribbean ports affected by the 2017 hurricanes are back up and running, but Princess Cruises and social impact company Fathom are offering an opportunity for passengers to give back to communities still in need.
2 more Carnival cruise ships fail health inspections  Hamilton Journal News
Carnival Cruise Lines to redock in Norfolk in 2019  wtkr.com