Associated Press Business
- Shutdown looms; blame game already in full swing January 19, 2018WASHINGTON (AP) — A bitterly divided Congress hurtled toward a government shutdown this weekend in a partisan stare-down over demands by Democrats for a solution on politically fraught legislation to protect about 700,000 younger immigrants from being deported.The Associated Press
- Brexit costs Britain data center for Europe's satnav system January 19, 2018BERLIN (AP) — Officials have decided to move a data center for the European Union's new satellite navigation system out of Britain because of Brexit.The Associated Press
- Maybe next time: Cities see failed Amazon bids as trial runs January 19, 2018DETROIT (AP) — For some of the 200-plus cities knocked out of the running for Amazon's second headquarters, the effort may turn out to be a trial run for other opportunities. But they're advised to not make the same kind of promises to just anyone.The Associated Press
- US oil output is booming and seen outpacing Saudis, Russia January 19, 2018PARIS (AP) — U.S. oil production is booming and is forecast to top that of heavyweight Saudi Arabia and rival Russia this year, a global energy agency said Friday.The Associated Press
- Anti-smoking plan may kill cigarettes--and save Big Tobacco January 19, 2018WASHINGTON (AP) — Imagine if cigarettes were no longer addictive and smoking itself became almost obsolete; only a tiny segment of Americans still lit up. That's the goal of an unprecedented anti-smoking plan being carefully fashioned by U.S. health officials.The Associated Press
- Your first trade for Friday, January 19 January 19, 2018The "Fast Money" traders share their first moves for the market open.
- Square shares pop after analyst says it's similar to 'Amazon or Google in their early days' January 19, 2018Payment company Square is "analogous to Amazon or Google in their early days," according to one bank.
- Some Wall Street traders are about to get big, fat zeroes for bonuses January 19, 2018Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive.
- SEC says it's worried about 'significant' issues with cryptocurrency ETF plans January 19, 2018The SEC indicated it would not be open to approving cryptocurrency ETFs unless sponsors could address concerns.
- Bitcoin's on a wild ride, but investors have shown it's here to stay, analyst says January 18, 2018Spencer Bogart of Blockchain Capital says there is a legion of people who see a great buying opportunity.
- Gains in consumer stocks prop up S&P, Nasdaq January 19, 2018(Reuters) - The S&P 500 and the Nasdaq were prodded higher by gains in consumer stocks, while investors played down fears of a looming U.S. government shutdown.
- Lowe's nominates directors after 'constructive' talks with D.E. Shaw January 19, 2018(Reuters) - Home improvement chain Lowe's Cos Inc said it has nominated two independent board members and plans to add a third following "constructive" talks with hedge fund D.E. Shaw Group, which has taken an activist stake, sending shares up 3 percent on Friday.
- En route to Davos, Macron makes Versailles the place to be January 19, 2018PARIS (Reuters) - French President Emmanuel Macron will host dozens of the world's most powerful business executives at the gilded Palace of Versailles to pitch France Inc before the global elite's annual gathering at Davos.
- In sign of times, luxury watchmaker Audemars embraces second-hand January 19, 2018GENEVA (Reuters) - Swiss luxury watchmaker Audemars Piguet said it would launch a second-hand business this year, becoming the first big brand to announce plans to tap into a fast-growing market for pre-owned premium watches.
- Exclusive: Trump's coal job push stumbles in most states - data January 19, 2018WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew modestly, according to preliminary government data obtained by Reuters.
- 2017 Q4 mortgage fraud risk rises slightly January 19, 2018The national mortgage application fraud risk index rose from 135 in the third quarter of 2017 to 138 in the fourth quarter, according to researchers at CoreLogic.
- Alaska Airlines unveils new uniforms for 19,000 employees January 19, 2018The first look at the Luly Yang-designed pieces came Thursday evening at a fashion show-styled unveiling among a crowd of employees in Seattle.
- Schlumberger's revenue spurts higher January 19, 2018A rise in drilling by shale producers drove Schlumberger's revenue 15 percent higher in the latest quarter. But as Fred Katayama reports, its loss widened as the oilfield services provider took charges. Video provided by Reuters
- Why investors shouldn’t fear a potential government shutdown January 19, 2018Talk of a partial government shutdown won’t put the nearly 9-year-old bull market on the endangered species list.
- Amazon is raising its monthly Prime subscription cost January 19, 2018The annual subscription for Amazon Prime remains at $99, but the monthly subscription will increase by about 20%.