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U.S. markets news

US economy to grow nearly 3 percent in 2018 because of Trump tax cuts, IMF says
Traders at the closing bell of the Dow Industrial Average at the New York Stock Exchange on Jan. 17. Investor enthusiasm sent all three major stock indexes to record finishes, and the Dow to its first close above 26,000.
IMF Raises 2018 Global Growth Forecast, Partly on US Tax Cuts  Bloomberg
IMF revises up global growth forecast helped by Trump tax cuts  Reuters
CNBC  
Inside Amazon's surveillance-powered no-checkout convenience store
By now many have heard of Amazon's most audacious attempt to shake up the retail world, the cashless, cashierless Go store. Walk in, grab what you want, and walk out.
Inside Amazon Go, a Store of the Future  New York Times
Amazon Go is finally a go: Sensor-infused store opens to the public Monday ...  GeekWire
There's a huge gender component to income inequality that we're ignoring
There's a major gender component to global inequality: most of the world's extreme-poor are women, and most uber-wealthy individuals are men, a new Oxfam report shows.
Oxfam: World's Richest 1 Percent Get 82 Percent of the Wealth  U.S. News & World Report
Inequality gap widens as 42 people hold same wealth as 3.7bn poorest  The Guardian
With $9 Billion Juno Deal, Celgene Doubles Down on Cancer
Celgene Corp. made one of its largest deals ever with the $9 billion acquisition of Juno Therapeutics Inc., placing a costly bet on cutting-edge cancer treatments.
Celgene to buy Juno for $9 billion to boost CAR-T expertise  Reuters
Celgene is buying the cancer-drug maker Juno Therapeutics for $9 billion  Business Insider
Exclusive: Ralph Lauren's Olympic opening ceremony uniforms are wearable mini ...
Ralph Lauren is bringing new meaning to the idea of warming up for the Winter Olympics: His Team USA Olympic and Paralympic athletes' uniforms, embedded with wearable heating technology, will actually warm them up.
This Parka Keeps Olympians Toasty With Heat-Conducting Ink  WIRED
Team USA's Olympic uniforms are wearable heaters  CNNMoney
Biotech M&A takes off as Sanofi and Celgene spend $20 billion
LONDON (Reuters) - Biotech deal activity exploded on Monday with French drugmaker Sanofi and U.S.-based Celgene spending a combined total of more than $20 billion to add new products for hemophilia and cancer to their medicine cabinets.
Stocks Edge Higher in Early Trading, Led by Energy Companies  U.S. News & World Report
Pre-Open Movers 01/22: (BIVV) (JUNO) (ARRY) Higher; (SANM) (TEVA) (TWTR ...  StreetInsider.com
Carl Icahn Makes Push to Remove Xerox CEO
FILE - In this Oct. 11, 2007, file photo, activist investor Carl Icahn speaks at the World Business Forum in New York. Icahn is calling for the removal of Xerox CEO Jeffrey Jacobson as the copier company reportedly seeks a deal with camera company ...
Icahn Teams Up With Deason, Urges Xerox to Explore Alternatives  Bloomberg
Xerox pops after reports that activist investors are pushing for its sale  Business Insider
Woman went overboard from Carnival Triumph cruise ship into Gulf of Mexico ...
Carnival Cruise Lines is searching for a passenger who went overboard from the Triumph cruise ship. (File image via Carnival). Comment.
Woman missing after falling from Carnival cruise ship  The Mercury News
Woman on Carnival cruise from New Orleans goes overboard in Gulf of Mexico ...  The Advocate
Atlanta and these four other cities are most likely to get Amazon's new ...
GBH Insights predicts five cities out of the new list of 20 candidates have a better chance to get Amazon's second headquarters project.
Everyone can have a trophy, or how to make the most of NOT getting Amazon HQ2  USA TODAY
Trulia picks 3 cities for Amazon HQ2, based on housing affordability data  GeekWire
General Electric shares fall below $16 as epic sell-off continues on Bank of ...
General Electric shares broke briefly below $16 after Bank of America Merrill Lynch downgrades the company to neutral from buy. The stock fell to a six-year low Friday.
BofA Sees Oil Demand Peaking by 2030 as Electric Vehicles Boom  Bloomberg
Bank of America sees oil demand peak in 2030  Chron.com