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Senate Confirms Jerome H. Powell as Fed Chairman
WASHINGTON - Jerome H. Powell sailed to Senate confirmation on Tuesday to become the 16th chairman of the Federal Reserve with a final vote of 84 to 13.
Senate confirms Powell for Fed chair, handing Trump's pick enormous ...  Washington Post
Powell Approved by Senate to Succeed Yellen as Fed Chair  Bloomberg
NPR  
Budweiser falls from top three US beer favorites
The king of beers has officially been dethroned. Budweiser no longer is among the top three best-selling beers in the U.S., according to Beer Marketer's Insights, as people drink less beer or switch to craft brews, wine or spirits.
Budweiser's New Symbol Stands For Every Beer Made With 100% Renewable Energy  Fast Company
End of an era: Millennials brought about the downfall of one of America' ...  Business Insider
Kimberly-Clark Cutting 5000 Jobs Amid Pressure on Prices
Kimberly-Clark, the maker of Huggies and Kleenex, is laying off about 13 percent of its work force and shedding factories worldwide, amid declining birthrates that are affecting diaper sales and a retail price war that is weighing on profits.
Huggies' owner Kimberly-Clark to slash 5000 jobs, close 10 factories  CNBC
Kimberly-Clark, maker of Kleenex and Huggies, says tax bill helps fund plan ...  Washington Post
Elon Musk Will Not Get Paid Unless Tesla Meets Ambitious Goals
Tesla announced Tuesday that Elon Musk will stay on as the company's CEO for the next decade. The announcement ended much speculation about whether Musk would continue to serve as the chief executive after the next two years.
Tesla's Targets for Elon Musk Would Put His Pay in Orbit  New York Times
Tesla (TSLA) CEO Elon Musk's New Compensation Package Aligns Well With ...  StreetInsider.com
Tesla in Autopilot mode crashes into fire truck
A Tesla Model S crashed into a fire truck while driving down a California highway, according to Culver City, California, firefighters.
Feds to investigate Tesla crash driver blamed on Autopilot  CNBC
A Tesla that crashed into a fire truck may have been on autopilot  Mashable
Disney to give $1000 bonuses to over 125000 workers
Disney union members were considering whether to approve a new contract to give workers at least a 50-cent hourly wage increase for each of the next two years.
Disney to Give Employees $1000 Bonuses in Wake of Tax Reform  Bloomberg
Disney to Give $1000 Cash Bonuses to 125000 Employees  Variety
Inside Amazon Go: The camera-filled convenience store that watches you back
After more than a year of testing with an employee-only focus group, Amazon Go opens to the public Monday in downtown Seattle, putting to the test the online retailer's technology that lets shoppers grab what they want and leave without paying a ...
The new Amazon Go grocery store could actually be bad for your wallet  CNBC
Amazon Go May Be About More Than The Getting Of Groceries  PYMNTS.com
Trump's Solar Tariffs Are Clouding the Industry's Future
ZEBULON, N.C. - At this century-old farm just outside Durham, symmetrical rows of shining blue solar panels have replaced the soybeans and tobacco that Tommy Vinson and his family used to grow here.
Trump's solar tariffs won't boost the government's bottom line  The Hill
New tariffs could raise price of washing machines, hurt solar industry jobs  ABC News
Mick Mulvaney Calls for 'Humility' from Consumer Financial Protection Bureau
WASHINGTON - Mick Mulvaney, the White House budget director, spent the weekend managing the shutdown of the federal government. On Tuesday, he turned his attention back to his secondary job running the Consumer Financial Protection Bureau, a ...
Acting consumer bureau chief declares 'new mission' in rebuke of ...  The Hill
CFPB Chief Mulvaney Says Days of 'Pushing the Envelope' Are Over  Bloomberg
De Blasio, Cuomo transit-funding fight picks up steam
Gov. Cuomo's proposed budget would put 100% of capital repair and subway construction costs on the city. (Hans Pennink/AP). BY Erin Durkin Dan Rivoli.
'It's Time for Big Pharma to Pay for What They've Done,' New ...  Newsweek
Cuomo and De Blasio Battle Again, This Time Over NYC Taxes  Bloomberg