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U.S. markets news

A stat sheet on the 20 city finalists trying to win Amazon's new headquarters
Amazon announced Thursday it narrowed its list of finalists for its second headquarters to 20 cities. The race is heating up as cities jockey to win the grand prize: a $5 billion facility that will employ 50,000 people and boost state coffers.
Amazon loves data, so here's a look at the numbers on the 20 cities to ...  GeekWire
Amazon Is Totally Putting Its Second Headquarters in DC, Right?  Slate Magazine
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 Posts $1.2 Billion Loss Due to New Tax Law  U.S. News & World Report
American Express Kicks Off Credit Card Earnings Reports  Investor's Business Daily
Uber agrees investment deal with SoftBank
A group of investors led by SoftBank is taking a large stake in Uber in a deal that will leave the ride-hailing firm's co-founder an official billionaire.
Uber's former CEO said to cash in at $1.4B in Softbank deal  CNET
How to play '2048,' the addicting smartphone game Travis Kalanick is ...  Business Insider
Mulvaney requests zero funding for the Consumer Financial Protection Bureau
In his first quarterly funding request as acting director of the Consumer Financial Protection Bureau, Mick Mulvaney is asking for nothing.
Consumer Watchdog's Latest Budget Request: $0  New York Times
CFPB Signals Shift by Dropping Payday Lender Lawsuit  Bloomberg
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
GE shares drop to 6-year low below $17  CNBC
IBM grew its revenues for the first time in 23 quarters but investors are ...
IBM stock declined 4% in after hours trading Thursday, despite beating analyst expectations for both revenues and earnings per share its fourth quarter 2017 earnings.
IBM -4.4% despite beating Q4 estimates, posting first revenue growth in ...  Seeking Alpha
IBM reports positive Q4 earnings; exceeds Wall Street estimates  The Journal News /
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 Inc. lays off at least two dozen amid slowed user growth and engagement  TechCrunch
Facebook names American Express CEO Kenneth Chenault, first African-American ...
SAN FRANCISCO - Facebook has named one of the nation's most prominent black corporate leaders, American Express' Kenneth Chenault, to its board of directors.
Facebook adds first black board member: American Express' Kenneth Chenault  CNNMoney
Facebook Adds First Black Board Member, Former American Express CEO Kenneth ...  Fortune
Trump says he called and thanked Tim Cook after Apple revealed its US ...
President Donald Trump said on Thursday that he called Apple CEO Tim Cook and thanked him for investing in the U.S. economy. Apple said on Wednesday that it would make a $350 billion "contribution" to the U.S.
Trump personally thanks Apple CEO for investment pledge  Politico
Tim Cook Panders to Trump, Claims the GOP Tax Bill Is Responsible for “Large ...  Slate Magazine
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
LA Times Publisher Ross Levinsohn Under Investigation Following Report Of ...  Variety