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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
raceAhead: BlackRock's Laurence Fink Would Like A Word With Your Boss  Fortune
Wall Street Journal  
More than 20 states are suing the FCC over its net neutrality decision
Twenty-one states, the District of Columbia and several public interest groups filed the first major lawsuits Tuesday to block the repeal of the Federal Communications Commission's net neutrality rules, marking the start of a high-stakes legal battle ...
Democrats search for 51st net neutrality vote  The Hill
21 states sue to keep net neutrality as Senate Democrats reach 50 votes  Reuters
Bitcoin jolted by regulation worries, falls 7 percent on extended selloff
TOKYO/SINGAPORE (Reuters) - Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has ...
Bitcoin Steadies After 26% Slump as Traders Brave Volatility  Bloomberg
Bitcoin Is Melting: Get Out Now  Seeking Alpha
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
Nestle sells Crunch, Nerds and other US brands to Ferrero for $2.8bn  BBC 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 could break itself apart as cash crisis deepens  CNNMoney
Bitconnect, which has been accused of running a Ponzi scheme, shuts down
Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it's shutting down.
BitConnect, Anonymously-Run Crypto Exchange, Crashes After States Issue ...  Gizmodo
BitConnect announces shutdown. Owners of BCC cryptocurrency are panicking  ForexLive
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.
SEE IT: Man barred from flight for layering clothing  New York Daily News
Passenger turned away from two flights after wearing 10 layers of clothing ...  Telegraph.co.uk
Nissan Is Turning Infiniti into an Electric Luxury Brand
Infiniti, the luxury brand of Nissan (nsany, -0.43%), is embracing electric vehicles. All new Infiniti models, with the exception of some large SUVs, will be electrified beginning in 2021, Nissan CEO Hiroto Saikawa said Tuesday at the Automotive News ...
Infiniti says it will go 'all electric'  The Detroit News
Nissan Expects to Build New US Plant  Wall Street Journal
Bitcoin breaks under weight of regulatory scrutiny
Speculators beware: The once-high-flying digital currency bitcoin is again feeling the heat from regulators in Asia, causing its price to go into a free fall.
Is This the Beginning of the End of the Bitcoin Bubble?  The Atlantic
Sorry, Bitcoin Fans. Digital Currency Is Still a Dream.  Bloomberg
New Seattle airport option for Bay Area travelers
The airport known as Paine Field in Everett, Washington, has mainly been used by the adjacent Boeing aircraft plant, and currently has no commercial airline service (and no passenger terminal or parking).
Alaska Airlines to offer 13 daily flights to 8 cities from Everett  KOMO News