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U.S. markets news

China Prosecuting Tycoon Who Considered Kushner Investment
In this June 14, 2017 photo, people walk past an entrance to the Anbang Insurance Group's offices in Beijing. China's insurance regulator said Friday, Feb. 23, 2018 it is assuming management of insurer Anbang, owner of New York's iconic Waldorf Astoria ...
China seizes control of troubled insurer that owns Waldorf Astoria  Washington Post
Anbang and the Financialization of China's Economy  Wall Street Journal
General Mills to Buy Blue Buffalo Pet Food for $8 Billion
General Mills Inc. agreed to buy Blue Buffalo Pet Products Inc. for about $8 billion, adding the maker of natural dog and cat food to a portfolio that includes Haagen-Dazs ice cream and Cheerios cereal.
General Mills Accelerates Portfolio Reshaping With Acquisition of Blue ...  PR Newswire (press release)
Blue Buffalo Reports Fourth Quarter and Full Year 2017 Results  Nasdaq
#BoycottNRA: Enterprise, Omaha bank, sever gun lobby ties as boycott movement ...
Two major companies, Enterprise Holdings, Inc. and First National Bank of Omaha ended co-branding partnerships with the National Rifle Association Thursday as a #BoycottNRA social media movement picked up steam.
First National Bank of Omaha bails on NRA-branded Visa card after customer ...  CNBC
NRA backlash: Major bank and car-rental giant are ending partnerships  MarketWatch
With rules repealed, what's next for net neutrality?
The battle over the Federal Communications Commission's (FCC) repeal of net neutrality rules is entering a new phase, with opponents of the move launching efforts to preserve the Obama-era consumer protections.
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
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
Business News Roundup, Feb. 23  SFGate
Toys are not us: Target investors
(Reuters) - Target Corp (TGT.N) should hold off on plans to cash in on a perceived advantage in toys after the collapse of Toys “R” Us, several of the company's investors told Reuters, worried it could eat up capital desperately needed in an Amazon ...
Toys R Us could close more stores or liquidate  Retail Dive
Toys R Us may close 200 more stores, reports indicate
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.
Free trading app makes its debut; Dudley takes a swipe at cryptocurrencies  MarketWatch
Bitcoin pushes fintech Robinhood over new milestone  San Francisco Business Times
Anger grows at ongoing BB&T outage locking customers out of accounts
BB&T is reporting service outages impacting millions of customers trying to use ATMs. It has not been made clear when the “technical issue” will be fixed.
BB&T Bank outage hits ATMs, digital banking
BB&T outage leaves angry customers without access to accounts, cash  WSOC Charlotte
Inflation Worrywarts Just Need to Calm Down
The Fed isn't rattled by a little rise in jobs and wages. That's what it's been seeking for years. by. Daniel Moss. @Moss_Eco More stories by Daniel Moss.
Next up for markets: New Fed Chair Powell weighs in on the interest rate debate  CNBC
Rising interest rates are near the danger zone  CBS News
Amazon Plans to Open Six More Cashierless Stores, Recode Says Inc. plans to open as many as six more cashierless stores this year, according to a report. The e-commerce giant is considering locations in Los Angeles and hometown Seattle, where the first Amazon Go store opened last month, Recode reported ...
Amazon reportedly plans to open more of its futuristic, cashierless stores ...  Business Insider
Amazon may open six new Amazon Go stores this year  Mashable