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U.S. markets news

Superjumbo jet future secured by Emirates order
The Emirates airline has announced an order for up to 36 Airbus A380s. The $16bn (�11.5bn) deal amounts to a reprieve for the A380 after Airbus threatened to stop making the jet if it could not come to a deal with Emirates.
Emirates Throws Airbus A380 a Lifeline With $16 Billion Deal  U.S. News & World Report
Airbus Handed A380 Lifeline With $16 Billion Emirates Order  Bloomberg
Fortune  
Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to US
SAN FRANCISCO - Apple, which had long deferred paying taxes on its foreign earnings and had become synonymous with hoarding money overseas, unveiled plans on Wednesday that would bring back the vast majority of the $252 billion in cash that it held ...
Apple to hire 20000, open new campus and pay $38 billion tax bill on ...  USA TODAY
Apple plans new US campus, to pay $38 billion in foreign cash taxes  Reuters
Cryptocurrency prices steady with ripple bouncing back 30% after 'severe' sell-off
Bitcoin and ethereum - the first and second largest virtual currencies by market value - appeared to stabilize after Wednesday's lows.
Old hands in South Korea Bitcoin market unfazed by threats of ban  Reuters
Five Things You Need to Know to Start Your Day  Bloomberg
China's economy grows by 6.9% in 2017
China's economy grew by 6.9% in 2017 according to official data - the first time in seven years the pace of growth has picked up.
China's Economic Growth Last Year Was Even Better Than Expected  Fortune
China govt curbs drop avg daily steel output to 12-mth low in Dec  Nasdaq
Nestle's Is Launching New KitKats and They're Made From Natural Ruby Chocolate
Nestle will sweeten Japan's Valentine's Day with ruby-chocolate KitKats, choosing one of the world's most candy-obsessed markets for the debut of the first new type of natural chocolate in more than 80 years.
Nestle to launch ruby chocolate KitKat in Asia  Reuters
Nestl� Japan launches ruby KitKat  The Independent
Bank of America Earnings Hurt by Tax-Related Charge
Bank of America Corp. BAC -0.19% said a charge from the new U.S. tax law caused quarterly profit to fall by 48%, even as the bank ended 2017 with its crisis-era issues firmly in the past.
BofA Has More to Trim to Reach Its $53 Billion Cost Target  Bloomberg
Bank of America's shares fall after quarterly revenue misses expectations  CNBC
Early reviews heap praise on Tesla's Model 3, with a few caveats
Early reviews of the Model 3 praise its sleek design, smooth ride and quick acceleration, and mold-breaking interior. Some reviewers were ambivalent about the car's instrument panel, and cited some issues around build quality.
Elon Musk's Empire: The makings of a billionaire  ValueWalk
Elon Musk roundup: Tesla's Model 3 arrives in stores… SpaceX's ...  L.A. Biz
Dumped Cars, EV Dreams: What We Learned at the Detroit Auto Show
The auto industry is undergoing the most upheaval since the advent of Henry Ford's assembly line. The changes were as evident as the meteor and sonic boom that rattled the frigid city of Detroit this week.
Autonomous cars loom, but the Detroit auto show goes on  mySanAntonio.com
Ford Finally Makes Its Move Into Electric Cars  WIRED
Solar panels: A fight with China that Trump may want to avoid
President Trump has a chance to hurt China on trade this month -- but he could end up hurting U.S. jobs, too. Trump is set to decide before the end of January whether to slap punishing tariffs on foreign imports of solar panels, most of which come from ...
Trump Says Solar Tariff Decision Is Coming 'Pretty Soon'  Greentech Media
US solar energy industry urges Trump not to impose tariffs on imports  Xinhua
OPEC-Russia Oil Deal Faces a New Danger: Too Much Winning
When OPEC and Russia meet this weekend to review their strategy for clearing a global oil glut, they'll face an unusual problem: it could be working just a bit too well.
OPEC and Russia's oil pact may be working too well  ForexLive
Oil Briefly Weakens, But $80 Brent Is Plausible  Seeking Alpha