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U.S. markets news

Newsmaker - Luxottica's merger helps Del Vecchio manage family risks
MILAN By sealing one of the biggest European merger deals of recent years, 81-year old spectacles tycoon Leonardo Del Vecchio has added another chapter to one of Italy's most legendary rags-to-riches stories.
Luxottica, Owner of Ray-Ban, in $49 Billion Merger With Essilor  New York Times
European eyewear giants Luxottica and Essilor to merge  USA TODAY
Study: 8 people have same wealth as world's poorest half
Income inequality is so now lopsided that eight men now own the same amount of wealth as the poorest half of the world. A top corporate CEO earns as much in a year as 10,000 garment factory workers in Bangladesh.
Stark inequality: Oxfam says 8 men as rich as half the world  U.S. News & World Report
The world's eight richest people have same amount of money as half the ...  CNBC
Brexiteers cheer on Donald Trump for promising quick trade deal with the UK
LONDON - President-elect Donald Trump has given Brexiteers hope that there will be a bilateral trade deal in the offing as British Prime Minister Theresa May prepares to give a speech expected to signal that Britain is ready to make a clean break with ...
Theresa May's Brexit plans: What we know so far  BBC News
Say Hello to the Sterling Floor  Bloomberg
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.
Noble Energy to buy Clayton Williams Energy for $2.7 billion  Reuters
Noble Energy to buy Clayton Williams for $2.7 billion  FuelFix (blog)
Trump Attacks BMW and Mercedes, but Auto Industry Is a Complex Target
A BMW at the New York International Auto Show in 2016. After praising German manufacturing prowess in an interview with Bild, President-elect Donald J. Trump threatened to impose a 35 percent tariff on every car that BMW imported to the United States.
Trump: German automakers will pay tariff on cars built outside US  Washington Post
German Automakers Push Back Trump's Warning Over Mexican Plants  Bloomberg
Carney Sees Brexit Consumer Slowdown Coming After Strength
Consumers, the backbone of U.K. economic resilience after the Brexit vote, face fresh headwinds in 2017, according to Mark Carney.
Bank of England's Carney says UK reliant on buoyant consumers  Reuters
Mark Carney warns of consumer slowdown this year  BBC News
Rolls-Royce to Pay $817 Million to Resolve Bribery and Graft Inquiries
A Rolls-Royce engine being mounted on an Airbus aircraft in France. Rolls-Royce's products include engines for civilian and military aircraft, as well as turbines for the electrical power and energy industries.
Rolls to Pay $807 Million to End U.K., U.S. Bribery Probes  Bloomberg
Rolls-Royce settles bribery probes in UK, US and Brazil  Reuters
Trump's election adds growth, uncertainty to global forecast, IMF says
The world is entering a period of faster growth but also greater uncertainty as Donald Trump assumes the U.S. presidency and Britain prepares to exit the European Union, the International Monetary Fund said Monday in an update to its outlook on the ...
IMF Assumes a Modest U.S. Boost From Trump Stimulus for Now  Bloomberg
Transcript of a Press Briefing On Update Of The World Economic Outlook  International Monetary Fund
Gasoline prices slip to $2.26 average in Cleveland, $2.24 statewide
Gasoline prices have fallen slightly over the past week and could even drift lower in the coming weeks as midwinter demand slows. Future oil prices are a larger question.
Down a dime: Michigan gas prices drop for first time in 2017
Gasoline price spike cools off in Pittsburgh  Pittsburgh Post-Gazette
Transit Workers Reach 'Tentative' Contract Deal With MTA, Union Says
FINANCIAL DISTRICT - The city's public transit workers came to a "tentative" agreement with the MTA on a new contract Monday, the workers' union president announced.
Tentative labor agreement averts MTA strike
MTA, Transit Workers Union Reach Tentative Deal Hours After Contract Expires  CBS Local