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Reuters BusinessMar 22, 2019
Wall Street falls at open on global growth worries
U.S. stocks opened lower on Friday after downbeat data from Europe fueled fears of a slowing global economy following an abrupt dovish turn by the Federal Reserve earlier this week.

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US STOCKS SNAPSHOT-Wall St falls at open on global growth worries (Reuters Company News)
Market Snapshot: Stocks slide after weak Europe data underlines growth worries (MarketWatch)

Reuters Company NewsMar 22, 2019
US STOCKS-Futures fall as global growth worries weigh
U.S. stock index futures fell on Friday after downbeat German data exacerbated fears of a slowdown in global growth following an abrupt dovish turn by the Federal Reserve earlier this week.

CNBC EconomyMar 22, 2019
Trump says GDP would have topped 4% if Fed had halted rate hikes sooner
U.S. economic growth would be much stronger had the Federal Reserve stopped raising rates sooner, President Donald Trump said in an interview that aired Friday.

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European stocks open slightly higher amid dovish Fed, Brexit uncertainty (CNBC Business)

Reuters BusinessMar 22, 2019
UK economy dodges no-deal Brexit hit, for now
Britain's economy has struggled beneath the weight of Brexit uncertainty for nearly three years, but many business leaders would probably be relieved just to have more of the same for the next few months.

Reuters BusinessMar 22, 2019
Indonesian airline cancels Boeing order, citing passenger fear
Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets, it said on Friday, saying some passengers would be frightened to board the plane after two fatal crashes, although analysts said the deal had long been in doubt.

MarketWatch MarketPulseMar 22, 2019
Financial stocks in broad selloff again, as Treasury yields fall
Financial stocks were broadly lower Friday, with the sector headed for a fourth-straight loss, as the benchmark 10-year Treasury yield dropped to a 15-month low in the wake of the Federal Reserve's downbeat economic outlook and disappointing eurozone data. The SPDR Financial Select Sector ETF shed 1.3%, with 67 of 68 components trading lower, and has not dropped 4.4% over the past four sessions. Among the ETF's most-active components, shares of Bank of America Corp. lost 1.4%, Citigroup Inc. gave up 2.4%, J.P. Morgan Chase & Co. slid 0.9% and Regions Financial Corp. slumped 3.1%. Lower long-term interest rates can hurt bank profits, as the spread between what the banks earn on longer-term assets, such as loans, and what they pay to fund the assets with shorter-term liabilities, narrow. The financial ETF has lost 7.1% over the past 12 months, while the Dow Jones Industrial Average has gained 7.9%.

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.



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Stocks slide as European data fuel global growth fears; Nike is big Dow loser (MarketWatch Breaking News)

Reuters BusinessMar 22, 2019
Norwegian Air says its Boeing MAX fleet doesn't have cockpit warning light
Norwegian Air's fleet of 18 Boeing 737 MAX 8 aircraft is not equipped with a cockpit light warning of discrepancies between angle of attack sensors, the company said on Friday.

Google Business NewsMar 22, 2019
'Last chance': EU leaders issue ultimatum to Britain over no-deal Brexit - CNBC
'Last chance': EU leaders issue ultimatum to Britain over no-deal Brexit  CNBCTusk reveals EU has agreed two week Brexit deal under conditions  Daily MailNew 'Brexit Party' will emerge if UK fails to leave  The SunThe EU knows it, so do our own MPs - Theresa May is finished  The GuardianEurope Is Preparing for the End of Theresa May  BloombergView full coverage on Google News

Reuters BusinessMar 22, 2019
Trump: China trade deal likely; automakers can avoid tariffs with U.S. plants
U.S. President Donald Trump said trade negotiations with China were progressing and a final agreement "will probably happen," adding that his call for tariffs to remain on Chinese imported goods for some time did not mean talks were in trouble.

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UPDATE 3-Trump: China trade deal likely; automakers can avoid tariffs with U.S. plants (Reuters Company News)
Police in China Detain Chemical Plant Employees After Explosion Kills 47 - The New York Times (Google Business News)

The Motley FoolMar 22, 2019
Nearly Half of Americans Who Filed Their 2018 Returns Saw Their Tax Bills Go Up
Were you one of them?

CNBC BusinessMar 22, 2019
Nike shares are falling as the sneaker maker warns of a sales slowdown
Currency pressures are expected to reduce sales growth during the fourth quarter by about 6 percentage points, CFO Andy Campion tells analysts, resulting in low single digit gains compared with a year ago.

Google Business NewsMar 22, 2019
New York Times CEO warns publishers on the dangers of partnering with Apple's upcoming subscription news product - CNBC
New York Times CEO warns publishers on the dangers of partnering with Apple's upcoming subscription news product  CNBCApple's Streaming Service: What to Expect  EngadgetNew York Times CEO warns publishers ahead of Apple news launch  ReutersApple's TV streaming service: Showtime is upon us at last  CNETApple is ready for its Hollywood closeup, but will consumers bite?  USA TODAYView full coverage on Google News

MarketWatch MarketPulseMar 22, 2019
Foot Locker's stock falls in wake of Nike's downbeat sales outlook
Shares of Foot Locker Inc. dropped 3.7% in premarket trade Friday, in the wake of Nike Inc. stock pullback on a downbeat sales outlook. In Foot Locker's 10-K filing for the fiscal year-ended Feb. 3, 2018 (the 10-K for the year ended February 2019 has not yet been filed), the athletic footwear seller said it was "highly dependent" on Nike, as about 67% of all merchandise bought in 2017 was from Nike, with each operating division buying 44% to 73% of their merchandise from Nike during the year. As a result, Foot Locker said any "adverse development" in Nike could have an "adverse effect on our business, financial condition and results of operations." Nike's stock dropped 4.8% ahead of Friday's open, after the company reported late-Thursday fiscal third-quarter earnings that topped expectations, but sales that matched and provided a fourth-quarter sales growth outlook that was below expectations. Foot Locker's stock has rallied 23% over the past three months through Thursday, while Nike shares have climbed 22% and the Dow Jones Industrial Average has rallied 16%.

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.



SEC.gov Updates: News DigestMar 22, 2019
DEF 14A - GOLDMAN SACHS GROUP INC (0000886982) (Filer)
2019-03-22 0001193125-19-082951 13 MB

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10-K - Ocean Thermal Energy Corp (0000827099) (Filer) (SEC.gov Updates: News Digest)
DEF 14A - MDU RESOURCES GROUP INC (0000067716) (Filer) (SEC.gov Updates: News Digest)

The Motley FoolMar 22, 2019
Better Buy: Verizon vs. CenturyLink
Which telecom is the best pick for your dividend portfolio?

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Oil Price Fundamental Daily Forecast - Traders Seem Reluctant to Buy Strength - FX Empire (Google Business News)

Forbes HeadlinesMar 22, 2019
What You Need To Know About The Lyft IPO: Strong Investor Demand and Strong ESG Characteristics
Sharing economy unicorn Lyft has turned to the public markets for growth capital. Accordingly, a wide range of investors will be able to purchase Lyft stock, which will trade on the Nasdaq, due to its strong overall ESG profile. The IPO is already oversubscribed.

MarketWatch MarketPulseMar 22, 2019
Yield curve recession indicator flashes red as 10-year yield falls below 3-month yield
The yield curve as measured by the spread between the 3-month Treasury bill and the 10-year note inverted for the first time since 2007, following a sharp rally in longer-dated notes. The spread between the two maturities stood at around negative 2 basis points. On Friday, the 10-year note yield fell nearly 10 basis points to 2.444%, while the 3-month bill held flat at 2.467%, Tradeweb data show. Bond prices move inversely to yields. The last nine times the yield curve has inverted, a recession has followed, according to the San Francisco Fed.

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.



MarketWatch MarketPulseMar 22, 2019
Dow opens lower, erases weekly gain as fears of a slowdown in global growth resurface
U.S. stock indexes opened lower on Friday as signs of weakness in Europe's economy underscored worries about sluggish expansion outside of America. The Dow Jones Industrial Average fell 120 points, or 0.5%, at 25,847, pushing its weekly gain into negative territory, according to FactSet data. Meanwhile, the S&P 500 index retreated 0.4% to 2,844, and the Nasdaq Composite Index declined 0.4% to reach 7,807. Both the S&P 500 and the Nasdaq were holding on to solid weekly gains, with the broad-market S&P up 0.8%, while the tech-heavy index is up 1.5% so far this week. Setting the tone for early action on Wall Street was a report on purchasing managers, which pointed to a further slowdown in activity during March after tentative signs of a rebound earlier in the year. The news comes after the Federal Reserve on Wednesday downgraded its economic outlook for the year in the U.S. to 2.1% from 2.3% and signaled that there would be no further increases to interest rates in 2019, citing weakness abroad. Investors also are watching developments surrounding Brexit, with European Union leaders allowing U.K. Prime Minister Theresa May to postpone Britain's deadline for an exit from Europe's trade bloc beyond March 29, but warned that the country could still crash out.

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.



MarketWatchMar 22, 2019
NewsWatch: Why investors need to shift from Wall Street to this growth haven
Our call of the day from Saxo Bank's Steen Jakobsen advises investors to diversify beyond U.S. shores this year to that trade friend/foe China, which has been pushing hard to keep its own global engine from stalling.

Reuters BusinessMar 22, 2019
German 10-year bond yields crash below zero as growth fears roil markets
German 10-year bond yields dived below zero while European shares and the euro fell on Friday after grim data from the continent fuelled fears of a global economic slowdown following this week's dovish turn by the U.S. Federal Reserve.

Reuters BusinessMar 22, 2019
Indonesia's Garuda asks to cancel 737 MAX order it had been reconsidering before Ethiopia crash
Garuda Indonesia has asked to cancel an order for 49 Boeing Co 737 MAX 8 jets, citing a loss of passenger trust following two crashes, although it had been reconsidering the order before the latest disaster in Ethiopia last week.

Reuters Company NewsMar 22, 2019
GLOBAL MARKETS-German 10-yr bond yields crash below zero as growth fears roil markets
* German bund yields turn negative for first time since Oct. 2016

CNBC FinanceMar 22, 2019
Stocks making the biggest moves premarket: Tiffany, Hibbett Sports, Nike, Gamestop & more
Names on the move ahead of the open.

Reuters BusinessMar 22, 2019
Boeing makes safety change, Indonesian airline cancels order
Indonesian airline Garuda said on Friday it would cancel a $6 billion order for Boeing 737 MAX jets, citing concerns over passenger confidence, as Boeing tried to quell safety worries by making a previously optional cockpit warning light compulsory.

MarketWatchMar 22, 2019
Need to Know: Why investors need to shift from Wall Street to this growth haven
Our call of the day from Saxo Bank's Steen Jakobsen advises investors to diversify beyond U.S. shores this year to that trade friend/foe China, which has been pushing hard to keep its own global engine from stalling.

Automotive News Breaking NewsMar 22, 2019
Hyundai shareholders inflict big defeat on U.S. fund Elliott in proxy vote
Hyundai Motor shareholders rejected demands for a special dividend and board seats from Elliott Management, dealing a blow to the U.S. hedge fund.



Google Business NewsMar 22, 2019
Syria condemns Trump's stance on Golan Heights sovereignty - Aljazeera.com
Syria condemns Trump's stance on Golan Heights sovereignty  Aljazeera.comIsraeli PM Benjamin Netanyahu Thanks Trump For Golan Heights Recognition | TIME  TIMEIn Golan Heights, Trump Bolsters Israel's Netanyahu but Risks Roiling Middle East  The New York TimesTrump support of Golan Heights sovereignty and Netanyahu visit continue US special relationship with Israel  Fox NewsTrump's New Contribution to Mideast Chaos  The New York TimesView full coverage on Google News

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Trump's support for Israel on Golan Heights separates him from 2020 Dems: Tom Bevan - Fox News (Google Business News)

Reuters Company NewsMar 22, 2019
UPDATE 3-Hyundai shareholders inflict big defeat on U.S. fund Elliott in proxy vote
* Elliott will now seek to rally shareholders on group revamp-analyst

Entrepreneur.comMar 22, 2019
Shaq Is Investing in 9 Papa John's Locations and Joining the Pizza Chain's Board
The NBA Hall of Famer will also become a brand ambassador for the pizza chain.

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NBA star Shaquille O'Neal joins Papa John's board (Reuters Business)

Forbes HeadlinesMar 22, 2019
Rally Light Dims: Brakes Slam As European Data, Nike Earnings Appear To Raise Concerns
There's a lot of negative focus early today amid weak European data, a canceled order for Boeing jets, Nike earnings, and falling Treasury yields.

Reuters Company NewsMar 22, 2019
UPDATE 4-Deutsche Bank chief paid $8 mln as top bosses gain first bonuses for four years
* Bank expects significantly higher litigation costs in 2019 (Adds Verdi union and politician comment, Blackrock)

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UPDATE 3-Deutsche Bank CEO paid $8 mln, top managers get first bonuses in four years (Reuters Company News)
UPDATE 2-Deutsche Bank top management gets bonuses for first time in four years (Reuters Company News)

Reuters BusinessMar 22, 2019
Deutsche Bank chief paid $8 million as top bosses gain first bonuses for four years
Deutsche Bank paid its management board members their first bonuses in four years in 2018, with Christian Sewing's 7 million euro ($8 million) total package making him one of the best paid chief executives in European banking.

The Motley FoolMar 22, 2019
3 Growth Stocks for In-the-Know Investors
Here are three stocks that could make big headlines down the road.

Reuters Company NewsMar 22, 2019
German minister on Facebook password glitch: Didn't expect such frightening unprofessionalism
Germany's Justice Minister on Friday said she would hardly have expected such "frightening unprofessionalism" from Facebook after the company acknowledged a glitch that exposed passwords of millions of users to its employees.

Reuters BusinessMar 22, 2019
Deutsche Bank CEO paid $8 million, top managers get first bonuses in four years
Deutsche Bank paid its management board members their first bonuses in four years in 2018, with Christian Sewing's 7 million euro ($8 million) total pay package making him one of the best paid chief executives in European banking.

Reuters BusinessMar 22, 2019
Nike shares dip on North America weakness but Wall Street remains upbeat
Shares of Nike Inc fell 4 percent on Friday after the sportswear maker's North America sales fell short of estimates for the first time in a year, but Wall Street analysts seemed more enthused about its new products and online growth.

USA Today MoneyMar 22, 2019
Shaquille O'Neal will be the new face of Papa John's Pizza
NBA Hall of Famer Shaquille O'Neal is joining Papa John's as a board member and brand ambassador as the company continues to emerge from scandal.      

Forbes HeadlinesMar 22, 2019
Ethereum Founder Talks Down His Own Project And Takes The Rest Of The Market With Him
Crypto Market Commentary March 22, 2019

Google Market NewsMar 22, 2019
The Latest: Non-EU Norway still worried over no-deal Brexit - ABC News
The Latest: Non-EU Norway still worried over no-deal Brexit  ABC NewsTusk reveals EU has agreed two week Brexit deal under conditions  Daily MailBrexit extension: 'We are at the moment of decision' - BBC News  BBC NewsEurope Is Preparing for the End of Theresa May  BloombergThe EU knows it, so do our own MPs - Theresa May is finished  The GuardianView full coverage on Google News

USA Today MoneyMar 22, 2019
These 25 cities are seeing a huge boost in residents as population grows
While population growth is slowing at an alarming rate nationwide, some cities are bucking the trend, reporting booming growth in recent years.        

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These are the fastest growing cities in the US (USA Today Money)

MarketWatchMar 22, 2019
Market Extra: Here's how the Mueller report could roil the stock market
The president endorsed the public release of Special Counsel Robert Mueller's coming report on possible ties between the Trump campaign and Russian election meddling. Here's what it would take for investors to take notice.

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Tucker Carlson: There Must Be "Consequences" For Those Claiming Russian Collusion if Mueller Report Shows None - RealClearPolitics (Google Business News)

The Motley FoolMar 21, 2019
The Top 3 Things Americans Did With Their Tax Refunds Last Year -- and Why You Should Do the Same
Hint: It's all about being financially responsible.

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Where you'll pay the most - and least - on state and local taxes in the US (USA Today Money)

Reuters BusinessMar 21, 2019
Levi Strauss shares surge 31 percent in stock market return
Shares in Levi Strauss & Co surged 31 percent in their debut on Thursday, giving the jeans maker a market value of $8.7 billion and suggesting strong investor appetite before much-awaited listings from Lyft and Uber.

NPR Topics: BusinessMar 21, 2019
Facebook Stored Millions Of User Passwords In Plain, Readable Text
The information was held in a readable format within the company's internal data storage systems. Facebook says it "found no evidence to date" of abuse.

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Facebook employees given access to hundreds of millions of users' passwords (USA Today Money)
Facebook Stored Account Passwords for Hundreds of Millions of Users in Plain Text (AdWeek News)

Google Business NewsMar 21, 2019
Trouble brewing: MillerCoors sues Bud Light over ongoing corn-syrup controversy - Fox News
Trouble brewing: MillerCoors sues Bud Light over ongoing corn-syrup controversy  Fox NewsMillerCoors files lawsuit against Anheuser-Busch over corn syrup ad  WISN MilwaukeeMillerCoors sues Anheuser-Busch over controversial Bud Light Super Bowl ad  CNBCMillerCoors sues AB InBev over corn syrup campaign  AdAge.comMillerCoors Sues Anheuser-Busch Over Bud Light's Corn Syrup Ads  The Wall Street JournalView full coverage on Google News

CNBC FinanceMar 21, 2019
The Fed is 'not yet done' with rate hikes, according to S&P Global Ratings
The Fed on Wednesday kept interest rates steady and slashed all projections of a rate hike this year. Still, S&P Global Ratings said the central bank is "not yet done" with rate hikes, predicting another will come this year or early next year.

Reuters BusinessMar 21, 2019
GM to announce $300 million investment in Orion EV/AV plant
General Motors Co will announce on Friday plans to invest $300 million in a suburban Detroit plant that builds electric and self-driving vehicles for Chevrolet and the automaker's self-driving Cruise unit, two people familiar with the plans said on Thursday.

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GM said to plan $300M investment, new Chevy EV at Mich. plant (Automotive News Breaking News)
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