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U.S. markets news

Chinese president to defend globalization in Davos
Chinese President Xi Jinping addresses the media during an official visit in Bern, Switzerland January 16, 2017. REUTERS/Denis Balibouse.
Nobel economist: One-percenters, pay your taxes  CNN
The Latest: Shakira Calls for More Early Childhood Education  New York Times
Yahoo News  
European eyewear giants Luxottica and Essilor to merge
A new global eyewear giant is set to emerge as Italian frames maker Luxottica - home to popular brands Ray-Ban and Oakley - plans to join French lens manufacturer Essilor in an estimated $16 billion merger, the companies announced Monday.
Luxottica, Owner of Ray-Ban, in $49 Billion Merger With Essilor  New York Times
Business News Roundup, Jan. 17  SFGate
Trump Now Threatening Automakers in Canada and Germany
Already taking aim at Mexico, President-elect Donald Trump is now warning he might enact a 35 percent "border tax" on Canadian and German automobile imports.
Trump threatens German carmakers with import tariff  Reuters
Germany Is Bristling at Donald Trump's Latest Comments  Fortune
Hard Brexit fears hit pound ahead of May speech
A pedestrian shelters under an umbrella as she walks past a money exchange sign in central London, Britain January 16, 2017. REUTERS/Stefan Wermuth.
Global Investors Turn Wary as Brexit, Trump Uncertainty Grows  Newsmax
China's Oil Collapse in Unintentionally Helping OPEC
OPEC's campaign to prop up oil prices is getting unlikely support from its biggest customer. China's production is forecast to fall by as much as 7 percent this year, extending a record decline in 2016, according to analysts at CLSA Ltd.
OPEC sees market stability in 2017, Venezuela aims for $70 price  Reuters
Oil slips as investors await OPEC data  MarketWatch
Noble Buys Clayton for $2.7 Billion to Expand in Permian
Noble Energy Inc. agreed to buy Clayton Williams Energy for $2.7 billion in stock and cash to expand in America's hottest shale play.
Big Independents Continue To Make Big Deals In Permian, Eagle Ford  Forbes
Noble Energy to buy Clayton Williams Energy for $2.7 billion  Reuters
Facebook, Amazon, Netflix, Alphabet Q4 Earnings Preview: What to Watch For
Hollywood will take a break from awards season to intermittently focus its gaze on the stock market over the next three weeks, as Wall Street's four erstwhile darlings with serious content ambitions - Facebook, Amazon, Netflix and Google parent ...
Tech stocks soar as growth trumps Trump fears  CNNMoney
Facebook, Amazon, Netflix, Google stocks soar  WLTZ 38 NBC
Rolls to Pay $807 Million to End U.K., U.S. Bribery Probes
Rolls-Royce Holdings Plc agreed to pay about 670 million pounds ($807 million) to resolve long-running U.S. and U.K. investigations into allegations its representatives bribed foreign officials to win business.
Rolls-Royce To Pay $800M to U.S., U.K., Brazil in Bribery Settlements  TheStreet.com
Rolls-Royce settles bribery probes in UK, US and Brazil  Reuters
American Apparel starts laying off 2400 workers in Southern California
American Apparel began to lay off 2,400 workers in Southern California on Monday - kicking off its final chapter as the country's largest garment maker.
Goodbye, American Apparel  The Atlantic
American Apparel to close all of its stores  Santa Rosa Press Democrat
Report: Eight Men Own as Much Wealth as Half the World's Population
A recent study from Oxfam International says eight men control more wealth than half the world's population. The group says inequality is growing, causes hardship for the world's poor and could cause political problems.
Study: 8 people have same wealth as world's poorest half  USA TODAY
Simple Redistribution From The Wealthiest Won't Fix Income Inequality  Forbes