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U.S. markets news

Anbang and the Financialization of China's Economy
China's Anbang Insurance went from zero to too-big-to-fail in the blink of an eye. It is a lesson in how quickly China's financial problems grow—and how much is left to clean up.
Regulator in China seizes control of Anbang as chairman prosecuted  Reuters
What We Know So Far About China's Anbang Takeover: Q&A  Bloomberg
BBC News  
NRA backlash: Major bank and car-rental giant are ending partnerships
Companies may be starting to rethink their ties to the National Rifle Association in the wake of last week's massacre at a Florida high school, with a major bank and car-rental giant announcing Thursday they were dropping partnership programs with the ...
US Bank Halts NRA Credit Card, Car Rental Firm Ends Discount  Bloomberg
One of the world's largest rental-car companies is ending a key ...  Business Insider
Net neutrality: Clock is ticking for those who want old rules back
The days are now truly numbered for the federal regulations that prevent Internet service providers from blocking, throttling or prioritizing content on their broadband networks.
Net Neutrality Legal Battle Officially Begins: What You Need To Know  Forbes
The FCC's vote repealing its net neutrality rules is finally official ...  Washington Post
Toyota dominates Consumer Reports 2018 Top Picks for vehicles
Japanese automaker Toyota dominated the competition in Consumer Reports' 2018 ranking of the best vehicles in the U.S.. Although Toyota has lost its throne as the world's largest automaker by sales volume - falling behind Volkswagen and the alliance ...
Hyundai luxury brand Genesis ranked No. 1 by Consumer Reports  CNBC
Luxury-Car Ranks Upended as Genesis Tops Germany's Stalwarts  Bloomberg
Toys are not us: Target investors
(Reuters) - Target Corp (TGT.N) should hold off on plans to cash in on a perceived advantage in toys after the collapse of Toys “R” Us, several of the company's investors told Reuters, worried it could eat up capital desperately needed in an Amazon ...
Toys R Us' chances of survival growing dimmer  USA TODAY
Toys R Us could close more stores or liquidate  Retail Dive
RBS's Female Staff Paid 37% Less on Average Than Men
Royal Bank of Scotland Group Plc pays its female staff on average 37 percent less than men at the bank, becoming the second British financial services company to reveal an acute gender imbalance between employees under new disclosure requirements.
Royal Bank of Scotland profit milestone overshadowed by DOJ impasse  Reuters
UK taxpayer-owned RBS reports first profit in a decade  ABC News
Bill Gates' biggest worry as a 31-year-old billionaire wasn't Apple or IBM
When Bill Gates became a billionaire at age 31, he got just a little bit fancy. “I don't have that many things that are extravagant taste, so things didn't change too much,” he told Ellen Degeneres on her show yesterday (Feb 21).
Bill Gates doesn't have 'extravagant tastes' but he admits he ...  CNBC
Bill Gates is clueless when it comes to grocery prices — are you any better?  MarketWatch
Nissan is taking on Uber with its own self-driving taxi service
Nissan said Friday it would conduct a field test of the service, called Easy Ride, in the Minatomirai district of Yokohama. The development marks a challenge from a major auto manufacturer to ride-hailing upstarts like Uber.
Nissan and DeNA will begin testing a self-driving taxi service in Japan next ...  TechCrunch
Nissan self-driving taxi service starts in Tokyo on March 5  Motor Authority
Robinhood Opens Cryptocurrency Trading
More than 4 million people have signed up to open accounts at Robinhood Markets Inc. as the brokerage app begins offering commission-free trading of Bitcoin and Ethereum today for the first time.
Robinhood rolls out zero-fee crypto trading as it hits 4M users  TechCrunch
Free trading app makes its debut; Dudley takes a swipe at cryptocurrencies  MarketWatch
Instant Pot company receives reports of melting cookers: check your unit
The company announced it has received "a small number" of overheating reports of its Gem 65 8-in-1 Multicooker, which causes the unit's base to melt.
Some Instant Pot slow cookers could overheat  NBC4i.com