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U.S. markets news

A stat sheet on the 20 city finalists trying to win Amazon's new headquarters
Amazon announced Thursday it narrowed its list of finalists for its second headquarters to 20 cities. The race is heating up as cities jockey to win the grand prize: a $5 billion facility that will employ 50,000 people and boost state coffers.
Amazon loves data, so here's a look at the numbers on the 20 cities to ...  GeekWire
Will Amazon really go to Canada? Don't count Toronto out  USA TODAY
Los Angeles Times  
Uber's former CEO said to cash in at $1.4B in Softbank deal
Former Uber CEO Travis Kalanick is cashing in. James Martin/CNET. The world looks like it's about to get a new billionaire: former Uber CEO Travis Kalanick.
How to play '2048,' the addicting smartphone game Travis Kalanick is ...  Business Insider
Uber agrees investment deal with SoftBank  BBC News
Consumer Watchdog's Latest Budget Request: $0
The Consumer Financial Protection Bureau's acting director, Mick Mulvaney, intensified his efforts this week to curb an agency he has denounced as a regulator run amok.
CFPB Signals Shift by Dropping Payday Lender Lawsuit  Bloomberg
Trump consumer protection chief requests $0 in funding  CNNMoney
IBM Shares Tank After-Hours Despite Earnings Beat: 5 Top Takeaways
Despite beating earnings estimates and increasing revenues on a year-over-year basis for the first time in 23 quarters, shares of (IBM - Get Report) were declining more than 4% to $161.87 in after-hours trading on Thursday.
IBM Falls After Sales in New Business Fail to Impress Bulls  Bloomberg
IBM shares fall despite first growth in 23 quarters  CNBC
American Express plans to suspend share buyback due to tax reform
American Express announced a suspension of its share buyback program for the first half of 2018. Executives said the company would require time to rebuild capital after incurring an estimated $2.6 billion in upfront charges from the "Tax Cuts and Jobs ...
American Express Kicks Off Credit Card Earnings Reports  Investor's Business Daily
American Express suspends buybacks after tax hit  Financial Times
Wells Fargo billing glitch infuriates customers
The bank apologized on Thursday for its latest embarrassment and said the "error" was fixed overnight. Wells Fargo promised to refund any related fees or charges.
Wells Fargo apologizes for glitch that emptied out some bank accounts  SFGate
Wells Fargo bill payment glitch emptying some accounts: Report  CBS 8 San Diego
Burger King takes swat at McDonald's with new gut bomb burger
Think of it as the battle of the gut busters. In an effort to go after rival McDonald's, Burger King has unveiled a hefty new burger made with a half-pound of beef, and it went on sale Thursday.
Burger King Takes on McDonald's With New Double Quarter Pound Sandwich  Fortune
Burger King Takes on McDonald's with New Double Quarter Pound Burger
General Electric: Financial Engineering And The Sign Of The Times
The "vision" that is being presented by General Electric leadership seems to fall short in terms of "credibility." General Electric is an industrial conglomerate, but the more we learn about its operations, it appears that its performance in recent ...
GE's $31 billion pension nightmare
GE shares drop to 6-year low below $17  CNBC
Accusations Of 'Frat House' Behavior Trail 'LA Times' Publisher's Career
Updated at 5:02 p.m. ET. The Los Angeles Times has given prominent coverage to recent revelations of sexual harassment of women by prominent men, particularly in entertainment and media.
It looks like Los Angeles Times publisher Tronc is eyeing a contributor model  Business Insider
LA Times Publisher Ross Levinsohn Under Investigation Following Report Of ...  Variety
Facebook names American Express CEO Kenneth Chenault, first African-American ...
SAN FRANCISCO - Facebook has named one of the nation's most prominent black corporate leaders, American Express' Kenneth Chenault, to its board of directors.
Facebook adds first black board member: American Express' Kenneth Chenault  CNNMoney
Facebook Adds First Black Board Member, Former American Express CEO Kenneth ...  Fortune