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U.S. markets news

Where Amazon May Build Its New Headquarters
The e-commerce giant announced a short list of places that could become home to its second headquarters. The process has garnered the kind of enthusiasm normally reserved for bids to host the Olympics.
Will Amazon really go to Canada? Don't count Toronto out  USA TODAY
Amazon loves data, so here's a look at the numbers on the 20 cities to ...  GeekWire
Los Angeles Times  
IBM Falls After Sales in New Business Fail to Impress Bulls
IBM managed to increase sales for the first time in almost six years, but that growth wasn't fueled as much by cloud computing and other new products as some analysts had hoped, causing shares to tumble.
IBM's Half-Decade Revenue Slump Is Officially Over  Motley Fool
IBM Reports First Revenue Growth Since 2012  U.S. News & World Report
Uber's former CEO said to cash in at $1.4B in Softbank deal
Former Uber CEO Travis Kalanick is cashing in. James Martin/CNET. The world looks like it's about to get a new billionaire: former Uber CEO Travis Kalanick.
How to play '2048,' the addicting smartphone game Travis Kalanick is ...  Business Insider
Uber agrees investment deal with SoftBank  BBC News
Consumer Watchdog's Latest Budget Request: $0
The Consumer Financial Protection Bureau's acting director, Mick Mulvaney, intensified his efforts this week to curb an agency he has denounced as a regulator run amok.
CFPB Signals Shift by Dropping Payday Lender Lawsuit  Bloomberg
Top consumer complaints of 2017…and how to get yours resolved in 2018!  Atlanta Journal Constitution
Wells Fargo apologizes for glitch that emptied out some bank accounts
Imagine waking up to a zero balance in your bank account. That is exactly what happened to some Wells Fargo customers, who found their bank accounts drained Wednesday.
Wells Fargo bill payment glitch emptying some accounts: Report  CBS 8 San Diego
Wells Fargo apologizes for glitch that caused double billing  KXAN.com
American Express earnings: $1.58 per share vs. $1.54 expected
CEO Ken Chenault said the company will temporarily suspend its buyback program due to a one-time charge from the new tax law. Chenault, the company's 17-year CEO, is retiring in February, to be succeeded by current Vice Chairman Stephen Squeri.
American Express Kicks Off Credit Card Earnings Reports  Investor's Business Daily
American Express suspends buybacks after tax hit  Financial Times
Burger King takes swat at McDonald's with new gut bomb burger
Think of it as the battle of the gut busters. In an effort to go after rival McDonald's, Burger King has unveiled a hefty new burger made with a half-pound of beef, and it went on sale Thursday.
Burger King Takes on McDonald's With New Double Quarter Pound Sandwich  Fortune
Burger King Takes on McDonald's with New Double Quarter Pound Burger  PEOPLE.com
General Electric: Financial Engineering And The Sign Of The Times
The "vision" that is being presented by General Electric leadership seems to fall short in terms of "credibility." General Electric is an industrial conglomerate, but the more we learn about its operations, it appears that its performance in recent ...
GE's $31 billion pension nightmare  fox6now.com
GE Breakup Would Be True Radical Reset  Bloomberg
Snap is reportedly laying off around 2 dozen employees
Spiegel, in a memo obtained by Cheddar, told employees that Snap needed to grow into "an organization that scales internally.
Snap laid off two dozen employees and half of them were from their content team  CNBC
Snap increases layoffs amid slowing user growth & monetization struggles  9to5Mac
Accusations Of 'Frat House' Behavior Trail 'LA Times' Publisher's Career
Updated at 5:02 p.m. ET. The Los Angeles Times has given prominent coverage to recent revelations of sexual harassment of women by prominent men, particularly in entertainment and media.
It looks like Los Angeles Times publisher Tronc is eyeing a contributor model  Business Insider
Coast to coast Mr. Fix-It: Jim Kirk to oversee New York Daily News newsroom  Poynter (blog)