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U.S. markets news

GE to split? Move could make GE Aviation separate company, hammer The Banks ...
General Electric is considering splitting itself apart, a move that could make Evendale-based GE Aviation a standalone company - and spell trouble for The Banks development Downtown.
At GE, $6.2 Billion Charge for Finance Unit Hurts CEO's Turnaround Push  New York Times
GE weighs a breakup of iconic US conglomerate amid insurance problem  USA TODAY
Bloomberg  
Dow closes lower, gives up 283-point gain
Earlier in the session, the Dow broke above 26,000 for the first time and was up 283 points. If it closes lower, the Dow would notch its biggest one-day reversal since Feb. 10, 2016.
Dow Jones gives up 26000 as huge rally fades  CBS News
401(k) investors: Is Dow 26000 a sign that stocks are getting risky?  USA TODAY
The Senate's push to overrule the FCC on net neutrality now has 50 votes ...
Fifty senators have endorsed a legislative measure to override the Federal Communications Commission's recent decision to deregulate the broadband industry, top Democrats said Monday.
Senate Democrats Close to Majority in Drive to Restore Net Neutrality  U.S. News & World Report
Senate Dems searching for one last vote to revive FCC's net neutrality rules  CNBC
McDonald's sets goal of recycling, 100% sustainable packaging by 2025
McDonald's announced Tuesday that it has set two ambitious environmental goals that it wants to achieve by 2025. The fast food giant wants to have 100% of its customer packaging come from renewable, recycled, or certified sources and have recycling ...
McDonald's expands goals on sustainable packaging  Nation's Restaurant News
McDonald's to recycle packaging in all locations globally by 2025  Chicago Tribune
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.
Health-conscious Nestle sells US candy to Ferrero for $2.8 billion  Reuters
Nutella Maker to Pay $2.8 Billion for Nestle US Candy Unit  Bloomberg
Larry Fink, CEO of $6.3 trillion manager BlackRock, just sent a warning letter ...
BlackRock CEO Larry Fink on Tuesday sent a letter to CEOs of public companies outlining his expectation that they start accounting for their effect on society.
Larry Fink Talks the Talk But Neglects the Walk  Bloomberg
Larry Fink Wants Companies to Pay Attention to Social Issues: LIVE MARKETS BLOG  TheStreet.com
Bitcoin, other cryptocurrencies tumble on government crackdown worries
LONDON/NEW YORK (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as worries about a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in ...
Bitcoin plunges below $12000 to six-week low over crackdown fears  CNBC
Bitcoin, Along With Other Cryptocurrencies, Collapse Over Crackdown Concerns  Forbes
This luxury Panama hotel can't get rid of the Trump Organization
A Trump-branded luxury hotel in Panama voted to boot Trump Hotels as the property manager, but the president's company is fighting the move.
Trump's company fights efforts to shed the president's name  STLtoday.com
Panama hotel votes to drop Trump — but his company won't go  Chicago Tribune
Einhorn's Greenlight Capital Adds Stakes in Brighthouse and Twitter
David Einhorn's Greenlight Capital is touting a new stake in Brighthouse Financial Inc., an annuities and life insurance company spun out of MetLife Inc. in August, as the hedge fund tries to rebound from a disappointing year.
UPDATE 1-Greenlight's Einhorn bets on Brighthouse, makes money on GM  Reuters
Greenlight's Q4 Letter Reveals Another Tough Quarter For David Einhorn  Benzinga
CVS to End Alterations in Beauty Ads
The drugstore chain will also begin labeling beauty ads from other companies that are altered. By Alexa Lardieri, Staff Writer |Jan. 16, 2018, at 1:06 p.m.. CVS to End Alterations in Beauty Ads. Share. �. Share on Facebook · Post on Twitter · Post to ...
CVS Will Stop Altering Beauty Images in Stores and Online  Adweek
CVS is adopting a bold strategy that's paying off for lingerie brands  Business Insider