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U.S. markets news

What Could Kill the Bitcoin Boom
If you bought a Bitcoin in early 2017, when one cost less than $900, you could have a profit of more than 1,200 percent now. But you almost certainly didn't do that.
Bitcoin jolted by regulation worries, falls 7 percent on extended selloff  Reuters
Bitcoin: South Korea sways cryptocurrency prices - but how?  BBC News
Forbes  
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.
Nestle Is Selling Its US Candy Business to Italy's Ferrero  Fortune
Nestl´┐Ż's Health Focus, Competition Contributed To US Candy Business Sale  International Business 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
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 renews break-up talk after $11 billion insurance, tax hit  Reuters
GE's Latest Blast of Bad News Has Wall Street Bracing for More  Yahoo Finance
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.
British Airways Kicks Off Passenger Who Put On All His Clothes To Avoid ...  Newsweek
British man wears 10 layers of clothing to dodge baggage fee; gets barred ...  Channel NewsAsia
Volkswagen Overtakes Toyota as World's Biggest Carmaker
Volkswagen ends record 2017 with 8.5% December sales surge as it prepares to shift focus towards electric and autonomous vehicles and put its $20 billion emissions scandal firmly behind it.
Volkswagen boosts deliveries to another record in 2017  Financial Times
Volkswagen clinches record sales in 2017  Phys.Org
Nissan Expects to Build New US Plant
DETROIT—Nissan Motor Co.'s chief executive said the company believes it will need to build a new plant in the U.S. in four or five years, when the car maker would be ready for another push to expand.
Interview: Nissan laboring to rebuild manufacturing leadership: president  Nikkei Asian Review
Infiniti Planning Announcement on Electrification  Ward's Auto
Bitconnect, which has been accused of running a Ponzi scheme, shuts down
Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it's shutting down.
BitConnect, Anonymously-Run Crypto Exchange, Crashes After States Issue ...  Gizmodo
Bitconnect Closes Virtually Its Entire Operation, BCC Token Drops 87%  Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
US travel industry launches plan to reverse tourism decline
FILE - In this Oct. 26, 2017, file photo, passengers leave the customs and immigration area with their luggage at the international arrivals terminal at Newark Liberty International Airport in Newark, N.J.
How to Reverse America's Foreign Tourist Problem  Bloomberg
Ferrari plans an electric supercar that would compete with Tesla
The Italian carmaker has been skeptical of all-electric supercars, but does sell cars with hybrid engines. Robert Ferris | @RobertoFerris.
Ferrari will beat Tesla to electric supercar, says Marchionne  Motor Authority
Ferrari Is Planning to Bring an Electric Supercar to Market  Fortune