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MarketWatchJan 16, 2019
Currencies: Pound wobbles after May's Brexit defeat, as lawmakers debate no-confidence vote
The British pound is trading in a tight range on Wednesday after U.K. Prime Minister Theresa May's Brexit deal was defeated in Parliament Tuesday and as lawmakers are debating a no-confidence motion against the government.

Bond Report: Treasury yields follow British gilts higher as market plays down chance of hard Brexit (MarketWatch)

NYTimes BusinessJan 16, 2019
DealBook Briefing: ‘Brexit' Deal Fails; What's Next for Britain?
Prime Minister Theresa May's plan suffered a crushing defeat, which thrust Britain further into political chaos. She must come up with a backup proposal by Monday.

Google Business NewsJan 16, 2019
Kremlin: The idea that Donald Trump could have worked for Russia is stupid - AOL
Kremlin: The idea that Donald Trump could have worked for Russia is stupid  AOLRachel Maddow Explains Putin's Possible 'Blackmail In A Bottle' On Donald Trump  HuffPostAnother good day for Putin as turmoil grips US and UK  CNNNew York Times wasn't always so suspicious of 'secretive communications' with Russia  Washington ExaminerTrump's alarming failure to engage in basic counterintelligence hygiene with Putin  The Washington PostView full coverage on Google News - USJan 16, 2019
Brexit: Corbyn calls for election as he seeks to oust Theresa May - live
British prime minister fails to rule out extension to Article 50 divorce process

Brexit vote: Why the landslide defeat of Theresa May's deal matters to the U.S. - CBS News (Google Business News)

MarketWatch MarketPulseJan 16, 2019
Bank of America cut its workforce last year, but personnel costs per employee rose
Bank of America Corp. trimmed its workforce by 2.3% to 204,489, as of Dec. 31, after remaining relatively unchanged at around 209,000 the past two years. At the same time, personnel expense slipped just 1.6% to $31.88 billion, which lifts the personnel expense per employee by 2.2% to $155,901 from $152,506. The workforce cut comes as the number of financial centers in the U.S. fell 3.0% to 4,341, while the number of branded automated teller machines (ATMs) rose 1.3% to 16,255 after a 0.7% increase in ATMs in 2017. Overall, 2018 noninterest expenses declined 2.5% from 2017 to $53.38 billion. Axel Pierron, managing director of capital markets at consultancy Opimas, praised BofA's cost-cutting moves. "Bank of America's quarterly results demonstrate the bank's ability to adapt its expense structure to market conditions," Pierron said in an emailed comment to MarketWatch. "While there is still room for further improvement, the bank is nevertheless addressing the necessity of having a more flexible cost structure head-on." The stock surged 5.4% in premarket trade, after BofA beat fourth-quarter earnings and revenue expectations. The stock has declined 15.0% over the past 12 months through Tuesday, while the S&P 500 has slipped 6.0%.

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

Google Business NewsJan 16, 2019
Trump blasts Democrats, points to border wall construction elsewhere in the world - The Washington Post
Trump blasts Democrats, points to border wall construction elsewhere in the world  The Washington PostDemocrats reject Trump's shutdown meeting invitation  CNNTrump wanted to eat Democrats' lunch. That's why they didn't show up for his.  NBC NewsOn shutdown, it's Pelosi and Schumer 1, Trump 0  Fox NewsTrump's Pinned to a Wall Few Americans Want  The Wall Street JournalView full coverage on Google News

The Motley FoolJan 16, 2019
Pot Stock Aphria Takes the First Step to Regaining Investors' Trust
However, there's still a long road to walk before shareholders can trust management again.

Reuters BusinessJan 16, 2019
World stocks hold nerve after May's Brexit defeat, pound steady
World equity markets on Wednesday held their nerve after the heavy parliamentary defeat of British Prime Minister Theresa May's Brexit deal as investors saw potential for legislative deadlock forcing London to delay its departure from the EU.

World stocks ride out May's Brexit defeat, pound steadies (Reuters Business)

CNBC BusinessJan 16, 2019
Stocks set to open slightly higher as traders digest Brexit vote and focus on bank earnings
U.S. stock futures were slightly higher on Wednesday, following a parliamentary defeat for British Prime Minister Theresa May's Brexit deal.

CNBC FinanceJan 16, 2019
CEO of world's largest money manager: There would be a bullish surge on a US-China trade deal
The deal would need to be substantial enough to reduce tension, Larry Fink says, and include both sides calling off tariffs on each others goods.

Google Business NewsJan 16, 2019
After Defeat on Brexit Plan, Theresa May Faces No-Confidence Vote - The New York Times
After Defeat on Brexit Plan, Theresa May Faces No-Confidence Vote  The New York TimesTheresa May faces no-confidence vote after her Brexit plan is crushed  NBC NewsFactbox: How will the confidence vote in UK PM May's government work?  ReutersMay faces weeks of no confidence votes if she goes for no-deal - How will the confidence vote in May's government work?  Reuters UKView full coverage on Google News

Chicago Tribune Business NewsJan 15, 2019
From free lunches to museum tickets, here's how Chicago businesses are helping furloughed federal workers
With no end in sight to the longest federal government shutdown in U.S. history, Chicago companies are stepping up to offer furloughed workers everything from free lunches and museum tickets to temporary jobs.

It won't pay the rent, but benefactors are hoping a pulled pork sandwich or an afternoon...

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