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U.S. markets news

NRA backlash: Major bank and car-rental giant are ending partnerships
Companies may be starting to rethink their ties to the National Rifle Association in the wake of last week's massacre at a Florida high school, with a major bank and car-rental giant announcing Thursday they were dropping partnership programs with the ...
US Bank Halts NRA Credit Card, Car Rental Firm Ends Discount  Bloomberg
One of the world's largest rental-car companies is ending a key ...  Business Insider
USA TODAY  
Snap: Elevated Risk
The lower user rankings risk a reversal of the improved monetization of the social media site. Due to already weak financials, the stock faces elevated risk.
Snapchat's success fading as ruthless rivals show uglier side  Stuff.co.nz
China seizes control of Anbang Insurance as chairman prosecuted
BEIJING/SHANGHAI (Reuters) - The Chinese government on Friday seized control of Anbang Insurance Group Co Ltd and said its chairman had been prosecuted, a dramatic move that highlights Beijing's willingness to curtail big-spending conglomerates as it ...
What We Know About Anbang's Takeover by China Regulators  Bloomberg
China seizes control of deal-hungry insurer Anbang  CNNMoney
Net neutrality: Clock is ticking for those who want old rules back
The days are now truly numbered for the federal regulations that prevent Internet service providers from blocking, throttling or prioritizing content on their broadband networks.
Net Neutrality Legal Battle Officially Begins: What You Need To Know  Forbes
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
Consumer Reports names its top 10 cars for 2018 — and there are surprises  NBCNews.com
Toys 'R' Us, Seeking Stability, May Close 200 More Stores
Toys “R” Us, the beleaguered chain under pressure from Amazon and bigger toy sellers, may close dozens of more stores as it struggles to find a path out of bankruptcy and return to financial viability.
Toys are not us: Target investors  Reuters
Retailers are trying to profit off Toys R Us' struggles  New York Post
BlackRock has questions for gun companies after Florida massacre
BlackRock has some questions for gun companies about their response to the school shooting in Florida. The giant investment management company "will be engaging with weapons manufacturers and distributors to understand their response to recent events ...
BlackRock says will seek 'response' from gunmakers to Florida school ...  Reuters
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.
Robinhood rolls out zero-fee crypto trading as it hits 4M users  TechCrunch
Free trading app makes its debut; Dudley takes a swipe at cryptocurrencies  MarketWatch
Instant Pot danger? Company warns 1 model may be overheating or melting
Fans of the Instant Pot are expressing some apprehension and frustration following the company's recent announcement that a model of the popular cooking gadget may be getting dangerously hot.
Some consumers say their Instant Pots are overheating, melting  WTHR
Instant Pot company warns of melting, overheating cookers  whnt.com
Dell founder buys most expensive home ever sold in NYC
Tech billionaire Michael Dell was the buyer of the most expensive home ever sold in the Big Apple - a $100 million condo on Billionaire's Row, sources tell The Post.
Owner of one of Hawaii's priciest estates paid $100M for NY penthouse  Pacific Business News (Honolulu)
Michael Dell Paid Record-Breaking Price For Manhattan's One57 Penthouse  Architectural Digest