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U.S. markets news

GE Takes $6.2 Billion Charge After Being Burned by Insurance
General Electric Co. surprised investors with a $6.2 billion charge tied to a legacy insurance portfolio, another setback for a manufacturing behemoth already struggling with weak sales in some of its industrial markets.
GE Shares Dive on $6.2 Billion Charge for Problems in Its Finance Unit  Fortune
GE shares dive after 'deeply disappointing' $6.2 billion insurance ...  CNBC
Business Insider  
Bitcoin plunges below $12000 to six-week low over crackdown fears
The price of bitcoin fell below $12,000 for the first time since December 5, according to CoinDesk data. South Korea Finance Minister Kim Dong-yeon said that "the shutdown of virtual currency exchanges is still one of the options" the government has ...
Bitcoin slides 18 percent on crackdown fears; crypto rivals also plunge  Reuters
Bitcoin prices plunge as South Korea says ban still an option  CBS News
Citigroup Plays Up Investor Payouts Once Tax Cuts Trigger Profits
As big U.S. banks weigh how to divvy up their windfall from a massive U.S. tax cut, Citigroup Inc.'s approach appears to be set: Shower profits on investors.
Citi profit tops estimates; books $22 billion tax charge  Reuters
Citigroup shares rise after earnings top expectations, excluding $19 billion ...  CNBC
Dow on track to top 26000 at open
(Reuters) - Futures on the Dow Jones Industrial Average surged more than 200 points on Tuesday, indicating that the blue-chip index could open above 26,000 for the first time, supported by strong earnings from UnitedHealth.
Dow breaks above 26000 for the first time, spikes 250 points higher  CNBC
Dow Jones Hits 26000 Milestone  Bloomberg
CVS will stop airbrushing photos it uses to sell beauty products
CVS wants women to be able browse for lipstick and moisturizer without worrying whether their lips are full enough or their forehead is smooth enough.
CVS to mark beauty ads to help show 'materially altered' imagery  KCCI Des Moines
CVS to end retouching in beauty photos  wwlp.com
McDonald's aims for fully recycled packaging by 2025
Fast food giant McDonald's has said all its packaging worldwide will come from sustainable sources by 2025. The restaurant chain will aim to get all items like bags, straws, wrappers and cups from recycled or renewable materials, up from half currently ...
McDonald's is falling short on recycling in one massive way — here' ...  Business Insider
McDonald's Is Addressing A Top Customer Concern: All That Trash It Makes  BuzzFeed News
Dems say they have 50 votes in Senate to overrule net neutrality repeal
Senate Democrats have put together 50 votes for a measure meant to block the FCC's December decision to end net neutrality rules put in place by the Obama administration.
US Net Neutrality Move May Lead to Trade War with Chinese Internet Firms  Voice of America
Drilling Down on FCC's Deregulation Order  Multichannel News
Google plans to build 3 new underwater cables to expand its cloud business
Google is planning to build three underwater cables in 2019 to help expand its cloud business to new regions as it battles rivals Microsoft and Amazon.
Google Plans to Expand Huge Undersea Cables to Boost Cloud Business  Wall Street Journal
Google to Expand Cloud Infrastructure With New Regions, Submarine Cables  U.S. News & World Report
Exclusive: US lawmakers urge AT&T to cut commercial ties with Huawei - sources
WASHINGTON (Reuters) - U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut commercial ties to Chinese phone maker Huawei Technologies Co Ltd and oppose plans by telecom operator China Mobile Ltd to enter the U.S.
US Congress reportedly lobbied AT&T to dump Huawei smartphones  Engadget
US law makers turn their attention from Kaspersky to Huawei, urging AT&T ...  www.computing.co.uk
America's Fastest Spy Plane May Be Back—and Hypersonic
A successor to the iconic SR-71 Blackbird could cruise at speeds near Mach 6—but is it a real plane or a pipe dream? By. Justin Bachman.
Boeing shows its vision for a hypersonic spy aircraft  Engadget
Boeing unveils its 'Son of Blackbird' hypersonic spy plane concept ...  Daily Mail