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U.S. markets news

Here's Why Netflix's Share Price Just Hit a New All-Time High
Investors expecting a strong fourth-quarter earnings report from Netflix got even more than they bargained for on Wednesday. Netflix's share price climbed well past its all-time high in after-hours trading after the company reported its biggest ...
Netflix, Inc. Earnings: Growth Takes Off  Motley Fool
Netflix's gamble pays off as subscriptions soar  BBC News
CNET  
Yellen Says Economy Near Goals Warrants Gradual Rate Hikes
Federal Reserve Chair Janet Yellen said the U.S. economy is “close” to the central bank's objectives of full employment and stable prices and she's confident it will continue to improve.
PRECIOUS-Gold under pressure on Yellen's support for rate hikes  Reuters
Donald Trump and Janet Yellen Look to Be on a Collision Course  New York Times
Commerce nominee Ross says top priority is renegotiating NAFTA
Billionaire investor Wilbur Ross singled out changes to the nation's free trade agreement with Mexico and Canada on Wednesday as “the first thing” he would address if confirmed to lead the Commerce Department in President-elect Donald Trump's ...
Trump's Commerce pick backs public spending on transportation  The Hill
Wilbur Ross Vows to Push Trump's Trade Agenda, Starting With Nafta  New York Times
Whistleblower suit alleges widespread problems at bank run by Treasury nominee ...
Whistleblowers connected to the California mortgage lender once run by Treasury secretary nominee Steven T. Mnuchin have accused the bank in federal court of mishandling more than a thousand applications for loan modifications during his tenure ...
Trump Treasury pick Mnuchin comments could be important for dollar Thursday  CNBC
Mnuchin Faces Senate Grilling on Policies, Personal Holdings  Bloomberg
Overnight Regulation: Leading student loan provider sued by CFPB
Welcome to Overnight regulation, your daily rundown of news from the federal agencies, Capitol Hill, the courts and beyond. It's Wednesday evening here in Washington where Inauguration Day preparations are well underway.
Student loan servicer Navient hit with three government lawsuits in one day  Washington Post
Feds sue the biggest student loan company in the US alleging 'shortcuts ...  Business Insider
An Australian Icon Comes Home
If you're looking for evidence that business is turning more nationalistic in 2017, check out what's just happened in Australia.
Australia's Bega Cheese Bags Vegemite from Mondelez  CNBC
After 90 years, Vegemite is Australian-owned once again  MarketWatch
Railroad Vet Teams With Activist to Target CSX
Shares of the railroad climbed more than 12% in after-hours trading following reports that the former CEO of Canadian Pacific was teaming with activists to shake up the company.
Outgoing CP Rail CEO Said to Team With Activist to Take on CSX  Bloomberg
Canadian Pacific CEO Harrison to leave early  Reuters
Credit Suisse Finalizes $5.28 Bln Mortgage Deal With U.S.
(RTTNews.com) - Credit Suisse Group AG ( CS ) finalized a $5.28 Billion agreement to settle claims that it misled mortgage bond investors before the 2008 financial crisis.
Obama Administration Races to Finish Probes, Wring Payouts From Firms  Wall Street Journal
Credit Suisse Agrees to RMBS Settlement with DOJ  DSNews.com
Organic Chickens Get More Room To Roam
It took years of heated debate, but the federal government has finally decided just how much living space an organic chicken should have.
Organic egg and meat producers will have to follow stricter animal welfare ...  Los Angeles Times
New protections for farm animals in 2017  San Francisco Chronicle
Lowe's cuts 2400 managers to refocus on customers
Lowe's, the home improvement chain, said Wednesday that it is redeploying its workforce in a way that will eliminate about 2,400 positions, most of them in management.
Lowe's cutting 2400 full-time jobs as part of staffing overhaul  Charlotte Observer
MORE DETAILS: Lowe's laying off employees across the country  WAND