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U.S. markets news

Larry Fink Talks the Talk But Neglects the Walk
In 2014, BlackRock Inc. CEO Larry Fink, in his first missive to top CEOs, implored business leaders to think long term. Specifically, he called on them to stop using so much cash on stock-boosting buybacks and invest in growth instead.
World's largest money manager to CEOs: You must do good for society  Washington Post
Billionaire Sam Zell: BlackRock's Larry Fink is 'extraordinarily ...  CNBC
Fortune  
Democrats search for 51st net neutrality vote
Senate Democrats are hunting for one more Republican vote to prevent the Federal Communications Commission (FCC) from repealing net neutrality rules.
More than 20 states are suing the FCC over its net neutrality decision  Washington Post
Flurry of Lawsuits Fight Repeal of Net Neutrality  New York Times
Nestle Is Selling Its US Candy Business to Italy's Ferrero
Nestle Butterfinger and Butterfinger Cups are seen on a store shelf, on Jan. 16, 2018 in Miami, Florida. Joe Raedle—Getty Images.
Nestle is selling its US candy business to Ferrero for about $2.8 billion  USA TODAY
Nutella Maker to Pay $2.8 Billion for Nestle US Candy Unit  Bloomberg
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 Fall Extends to 25% as Fears of Crypto Crackdown Linger  Bloomberg
12 Reasons Bitcoin Could Fall Below $1000  Forbes
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.
Passenger wearing 8 pairs of pants, 10 shirts blocked from flying  SFGate
SEE IT: Man claims he was barred from boarding British Airways flight after ...  New York Daily News
GE Considers Break-up Of Company
(RTTNews.com) - General Electric ( GE ) is considering possible spin-offs for its three core divisions: power equipment, aviation and healthcare, its chief executive said on Tuesday.
At GE, $6.2 Billion Charge for Finance Unit Hurts CEO's Turnaround Push  New York Times
GE reignites break-up talk after $11 billion insurance, tax hit  Reuters
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
Takeout food is creating a trash epidemic  New York Post
Dow Finishes Lower After Surpassing 26000; S&P 500 and Nasdaq Also Decline
The Dow Jones Industrial Average broke through 26,000 on Tuesday, but ended the day with a small loss. The S&P 500 and Nasdaq also finished lower.
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
Deal Buzz Sends Juno Shares Soaring
Shares of the biotech firm jumped in after-hours trading on the heels of a report that Celgene was in discussions to acquire the company.
WSJ: Celgene in talks to buy Juno Therapeutics  Seeking Alpha
BitConnect Closes Exchange as States Warn of Unregulated Sales
BitConnect said it's closing the company's cryptocurrency exchange and lending operation after receiving two cease-and-desist letters from state authorities for the unauthorized sale of securities and suffering from denial-of-service attacks.
BitConnect announces shutdown. Owners of BCC cryptocurrency are panicking  ForexLive
BitConnect Shutters Crypto Exchange Site After Regulator Warnings  CoinDesk