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U.S. markets news

Bitcoin jolted by regulation worries, falls 7 percent on extended selloff
TOKYO/SINGAPORE (Reuters) - Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has ...
Bitcoin: South Korea sways cryptocurrency prices - but how?  BBC News
Bitcoin and ethereum suffered massive drops, but many cryptocurrencies are ...  CNBC
Los Angeles Times  
Larry Fink's Warning to CEOs Rings Hollow
The BlackRock founder wants companies to make the world a better place. It's going to take more than a strongly-worded letter to create change.
World's largest money manager to CEOs: You must do good for society  Washington Post
BlackRock CEO Says Companies Need To Do More Than Deliver Profits  NPR
Nestle is selling its US candy business to Ferrero for about $2.8 billion
Nestle is selling its U.S. confectionery business to Italian chocolate and candy maker Ferrero for an estimated $2.8 billion, the company said Tuesday.
Nutella Maker to Pay $2.8 Billion for Nestle US Candy Unit  Bloomberg
Nestle sells Crunch, Nerds and other US brands to Ferrero for $2.8bn  BBC News
Why Breaking Up General Electric May Be Hard to Do
General Electric's profligate past is haunting its future. A fresh $6.2 billion post-tax charge relating to reinsurance - a business the company left over a decade ago - shows the challenge of managing a conglomerate.
GE's Latest Blast of Bad News Has Wall Street Bracing for More  Bloomberg
GE renews break-up talk after $11 billion insurance, tax hit  Reuters
Asian stocks decline following Wall Street reversal; bitcoin nurses losses
Asian markets closed in negative territory on Wednesday after Wall Street reversed a triple-digit point gain to close lower in the previous session.
Asian Shares Track Weakness on Wall St; China Shares Higher  U.S. News & World Report
Asian Shares Mixed In Cautious Trade  Nasdaq
Man booted from British Airways flight for wearing all his clothes to avoid ...
There are many approaches to avoid paying a fee for excess luggage when traveling by air these days. You could pack light, cramming all your belongings in an approved carry-on bag.
SEE IT: Man claims he was barred from boarding British Airways flight after ...  New York Daily News
British man kicked off flight for wearing all his cothes to avoid baggage fee
Infiniti says it will go 'all electric'
Infiniti, the luxury brand of Japanese automaker Nissan, will start phasing out gas-powered vehicles in 2021 and switch to “all electrified” models, the maker's new CEO Hiroto Saikawa said Tuesday afternoon.
Nissan Is Turning Infiniti into an Electric Luxury Brand  Fortune
Nissan Expects to Build New US Plant  Wall Street Journal
BitConnect, Anonymously-Run Crypto Exchange, Crashes After States Issue Cease ...
BitConnect, an anonymously-run cryptocurrency lending and exchange platform long suspected of being a well-marketed Ponzi scheme, abruptly ceased operations on Tuesday after receiving cease-and-desist orders from authorities in Texas and North Carolina ...
Controversial digital coin exchange Bitconnect has imploded in the crypto ...  Business Insider Australia
Bitconnect shuts down following fraud allegations
California bullet train cost surges by $2.8 billion: 'Worst-case scenario has ...
The estimated cost of building 119 miles of bullet train track in the Central Valley has jumped to $10.6 billion, an increase of $2.8 billion from the current budget and up from about $6 billion originally.
Cost climbs by $2.8 billion for California bullet train  KABC-TV
California Bullet Train Cost Climbs by $2.8 Billion  Courthouse News Service
401(k) investors: Is Dow 26000 a sign that stocks are getting risky?
The Dow's record-fast sprint to 26,000 early in the new year is raising concerns on Wall Street that the stock market may be in danger of overheating.
Dow Jones gives up 26000 as huge rally fades  CBS News
Dow touches above 26000 points, but stocks end the day down  Los Angeles Times