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Google Business NewsJan 18, 2018
Asian shares nudge higher following US gains; China GDP is coming - CNBC

CNBC


Stock indexes in Asia on Thursday bounced back from declines in the last session, tracking substantial overnight gains on Wall Street. Investors also awaited a raft of China data due later in the day. Tokyo's benchmark Nikkei 225 index rose 0.43
GLOBAL MARKETS-Asia stocks near record highs after Wall St surge, dollar edges backReuters
Asian Shares Advance After Wall Street Rally; Eyes on ChinaU.S. News & World Report
Asian Shares Gain On US Showing, Nikeei 225 Up Near 26-Year HighsInvesting.com
Hindu Business Line -Malay Mail


Google Business NewsJan 18, 2018
Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to US - New York Times

New York Times


SAN FRANCISCO — Apple, which had long deferred paying taxes on its foreign earnings and had become synonymous with hoarding money overseas, unveiled plans on Wednesday that would bring back the vast majority of the $252 billion in cash that it held
Apple to hire 20000, open new campus and pay $38 billion tax bill on overseas profitsUSA TODAY
Apple's US Jobs Announcement Comes At An Opportune TimeFast Company
Apple Banks on Tax Break to Build 2nd Campus, Hire 20000U.S. News & World Report
Washington Post -Los Angeles Times -


Google Business NewsJan 18, 2018
Bank of America Earnings Hurt by Tax-Related Charge - Wall Street Journal

Wall Street Journal


Bank of America Corp. BAC -0.19% said a charge from the new U.S. tax law caused quarterly profit to fall by 48%, even as the bank ended 2017 with its crisis-era issues firmly in the past. The Charlotte, N.C.-based bank on Wednesday reported fourth
BofA's $292 Million Charge Tied to Steinhoff TurmoilBloomberg
Bank of America's (BAC) CEO Brian Moynihan on Q4 2017 Results - Earnings Call TranscriptSeeking Alpha
Bank of America's shares fall after quarterly revenue misses expectationsCNBC
USA TODAY -Charlotte Business Journal -


Google Business NewsJan 18, 2018
Dumped Cars, EV Dreams: What We Learned at the Detroit Auto Show - Bloomberg

Bloomberg


The auto industry is undergoing the most upheaval since the advent of Henry Ford's assembly line. The changes were as evident as the meteor and sonic boom that rattled the frigid city of Detroit this week. The rise of autonomy and electrification and
Howes: Race for self-driving car supremacy is no sprintThe Detroit News
Autonomous cars loom, but the Detroit auto show goes onChron.com
3 of the Coolest Concept Vehicles at the Detroit Auto ShowTheStreet.com
WIRED -Business Insider -The Spokesman-Review


MarketWatch MarketPulseJan 17, 2018
Dow logs best one-day gain in 7 weeks as Boeing's stock provides 110-point lift
The Dow Jones Industrial Average Wednesday booked its best single-session rise in about seven weeks on the back of a sharp rise in shares of Boeing Co. The Dow rose more than 320 points at at 26,115, which marked a fresh intraday high. Boeing's share rally , up 4.7%, or around $15.85, contributed about 110 points to that rally to the close. A $1 move in any one of the price-weighted Dow's 30 components equates to a 6.83-point swing. Moves in Boeing's stock have been the the most influential for the blue-chip average over the past several months. Meanwhile, the S&P 500 index ended up 0.9%, driving past a round-number at 2,800, while the Nasdaq Composite Index rallied sharply higher, to finish up 1% at 7,298. The run-up for equities followed an upbeat report from the Federal Reserve's Beige book, an anecdotal account of business conditions in the central bank's key business districts. The report suggested that stubbornly low wage growth may be on the rise. Wednesday's move for stocks also comes after the market experienced a reversal on Tuesday on fears of a government shutdown and weakness in the energy market.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Business NewsJan 17, 2018
Bank of America profits fall by nearly half; Goldman Sachs posts first loss in six years - Washington Post

Washington Post


Bank of America said Wednesday that its fourth-quarter profits fell by nearly half from a year ago, as the bank had to book $2.9 billion in charges related to the new tax law. But setting aside those charges, the bank is showing signs that whatever
Goldman Sachs (GS) Q4 2017 Results - Earnings Call TranscriptSeeking Alpha
Goldman Sachs Loses Its Trading EdgeWall Street Journal
Goldman Sachs Posts Its First Quarterly Loss in 6 Years Thanks to Trump's Tax BillFortune
Washington Examiner -Press Herald -


RELATED ARTICLES
Goldman Sachs Posts Its First Quarterly Loss in 6 Years Thanks to Trump's Tax Bill - Fortune (Google Business News)

Google Business NewsJan 17, 2018
British Airways Turns Away Passenger Wearing 10 Layers of Clothing - Fortune

Fortune


The cost of bringing luggage aboard an airplane can sometimes be close to the flight itself. One British Airways passenger tried to skirt all the fees in a unique way: he decided to wear all his clothes on board rather than putting them in a bag, The
Passenger wearing 8 pairs of pants, 10 shirts blocked from flyingSFGate
You can fly to Europe for as low as $69 again — here's howBusiness Insider
British Airway boots man who tried to board a flight wearing everything he packedThe Denver Post
Newsweek -WTAE Pittsburgh -


Google Business NewsJan 17, 2018
Tax changes take a bite out of Kinder Morgan earnings -- for now - Chron.com

Chron.com


Kinder Morgan on Wednesday posted a fourth quarter loss of $1.4 billion, which the Houston pipeline company attributed to a one-time tax hit from the recently enacted federal tax overhaul. Without the initial tax payment, the company would earned a
Kinder Morgan Declares Dividend of $0.125 for Fourth Quarter of 2017Business Wire (press release)
Kinder Morgan's (KMI) CEO Steve Kean on Q4 2017 Results - Earnings Call TranscriptSeeking Alpha
Kinder Morgan (KMI) Announces Quarterly Earnings ResultsStockNewsTimes
Economic News -Zacks Investment Research


Reuters BusinessJan 17, 2018
Verizon says new U.S. tax law to increase fourth-quarter earnings
NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.
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