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U.S. markets news

New tariffs could raise price of washing machines, hurt solar industry jobs
President Donald Trump signed a measure Tuesday that would enact new tariffs on residential washing machines and solar cells imported to the United States.
Trump's solar tariffs won't boost the government's bottom line  The Hill
Job creator, or job killer? Trump angers solar installers with panel tariff  Reuters
Disney to give $1000 bonuses to 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 $1000 bonuses to 125000 employees and create a higher ...  Los Angeles Times
Disney to Give Employees $1000 Bonuses in Wake of Tax Reform  Bloomberg
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 Isn't Among America's 3 Most Popular Beers  U.S. News & World Report
Budweiser falls off the list of America's three favorite beers  CNNMoney
Senate confirms Powell for Fed chair, handing Trump's pick enormous influence ...
The Senate overwhelmingly confirmed Jerome H. Powell as the next chairman of the Federal Reserve on Tuesday, voting 85 to 12 to give President Trump's nominee a 4-year term as one of the most powerful stewards of the global economy.
Powell Approved by Senate to Succeed Yellen as Fed Chair  Bloomberg
Senate has enough votes to confirm Jerome Powell as Fed chair  CNBC
How Tesla's Elon Musk Could Become the World's Richest Person Without Ever ...
Elon Musk is already known for his ambitious bets, but the Tesla CEO is now gambling with his own net worth: Tesla announced Tuesday that it would pay Musk nothing for the next 10 years—no salary, bonus, or stock—unless the electric car company ...
Bob Lutz And Tesla: The Difference Between The Old Economy And The New  Forbes
Elon Musk Will Not Get Paid Unless Tesla Meets Ambitious Goals  Slate Magazine
Kimberly-Clark, maker of Kleenex and Huggies, says tax bill helps fund plan ...
In the weeks since the GOP tax bill went into effect, numerous U.S. companies promised to pass their savings on to workers through bonuses and salary increases.
Huggies' owner Kimberly-Clark to slash 5000 jobs, close 10 factories  CNBC
Kimberly-Clark Announces Layoffs, Along With $3.3 Billion In Operating Profit  NPR
Tesla Crash With Autopilot Triggers Safety Board's Interest
The U.S. National Transportation Safety Board is gathering information about an accident involving a Tesla Inc. Model S sedan that rear-ended a firetruck on a freeway near Los Angeles on Monday, the agency said.
Tesla's Autopilot Blamed For Freeway Accident  Nasdaq
Aut-doh!-pilot: Driver jams 65mph Tesla Model S under fire truck, walks away ...  The Register
Millennials: 1 in 6 now have $100000 socked away
Millennials are pushing back against the stereotype that their money management skills are lacking, as 16% now have savings of $100,000 or more, double the amount of young people who had socked away that much in 2015, according to a new Bank of America ...
Millennials Are Getting Their Financial Houses in Order, Despite What They ...  Business Wire (press release)
What you thought you knew about millennials is wrong  American Banker
Uber hires chief diversity officer, the third but most senior person to lead ...
SAN FRANCISCO - Uber has hired its first chief diversity and inclusion officer, Bo Young Lee, following through on one of the recommendations from an inquiry led by former attorney general Eric H. Holder Jr.
Uber hires first-ever chief diversity and inclusion officer  The Hill
Uber has hired its first chief diversity officer  Recode
Bank of America customers protest new requirements for free checking
Some Bank of America customers are protesting a rule change that makes it harder for consumers with low balances to continue receiving free checking.
Should Checking Accounts Be Free?  Forbes
Bank of America ends free checking option, causing customer uproar  Chicago Tribune