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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 to take $6.2 billion charge related to its legacy reinsurance businesses ...  CNBC
Business Insider  
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
Bitcoin, rival cryptocurrencies plunge on crackdown fears
LONDON (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as fears of a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.
Bitcoin plunges below $12000 to six-week low over crackdown fears  CNBC
Bitcoin prices plunge as South Korea says ban still an option  CBS News
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 sets recycling goals for packaging, restaurants  Reuters
US Net Neutrality Move May Lead to Trade War with Chinese Internet Firms
A recent decision by the United States' Federal Communications Commission to repeal net neutrality, which are rules designed to prevent the selective blocking or slowing of websites, has wide-ranging implications for China, which never believed in net ...
Drilling Down on FCC's Deregulation Order  Multichannel News
After FCC repeal, states take up net neutrality banner  RCR Wireless News
Cloud computing: Now Google adds more data centers, plans its own undersea cable
3D illustration. Image background concept of cloud computing. ktsimage, Getty Images/iStockphoto. Google is extending its cloud computing infrastructure with the introduction of five new regions and plans to build its own undersea cable.
Google plans to build 3 new underwater cables to expand its cloud business  CNBC
Google Plans to Expand Huge Undersea Cables to Boost Cloud Business  Wall Street Journal
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's 'son of Blackbird' hypersonic plane is designed to hit ...  Digital Trends
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