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U.S. markets news

BAT Wins Reynolds With Sweetened $49.4 Billion Buyout Bid
British American Tobacco Plc reached agreement to buy full control of Reynolds American Inc. with a sweetened $49.4 billion offer, bringing a successful end to almost three months of bartering with the maker of Camel cigarettes.
British American Tobacco takes control of Reynolds for $49bn  BBC News
Tobacco giant BAT buys out US firm Reynolds for $49.4bn  Yahoo News
CNNMoney  
Asia stocks and pound weak, brace for May's speech on Brexit stance
TOKYO (Reuters) - Asian stocks and the pound sagged on Tuesday as investors waited for British Prime Minister Theresa May to lay out plans to exit the European Union, which traders fear will see Britain lose access to the bloc's single market.
Britain will not seek 'half in, half out' EU deal: PM May  Yahoo News
Sterling bounces ahead of crunch Brexit speech  Yahoo Finance
Former Microsoft AI expert Qi Lu moves to Chinese search giant Baidu
The same day that Microsoft's CEO Satya Nadella was outlining the company's plans for artificial intelligence, Chinese tech giant Baidu announced it had poached one of the US firm's former leading AI researchers.
Baidu appoints former Microsoft, Yahoo executive as group president and COO  ZDNet
Microsoft Veteran Will Help Run Chinese Search Giant Baidu  Bloomberg
In the dark: Major power outage hits Amsterdam
Amsterdam - Large parts of Amsterdam have been hit by a power outage, snarling traffic around the city as trains and trams were halted and many electric road signs stopped working.
Electricity outage disrupts train services in Amsterdam and surroundings  Yahoo News
Train services start up slowly after major Amsterdam power cut  DutchNews.nl
Billionaire Luxottica Founder Secures Legacy in Essilor Deal
For years, Leonardo Del Vecchio has sought to find a successor at Luxottica Group SpA, the eyewear retailer and manufacturer he founded in 1961.
Newsmaker - Luxottica's merger helps Del Vecchio manage family risks  Reuters
Luxottica's Del Vecchio says listing in both Italy and France still an ...  Yahoo News
Trump threatens German carmakers with import tariff
FRANKFURT/BERLIN U.S President-elect Donald Trump warned German car companies he would impose a border tax of 35 percent on vehicles imported to the U.S.
Trump Now Threatening Automakers in Canada and Germany  NBCNews.com
Trump threatens German carmakers with 35 percent U.S. import tariff  Business Insider
What Are the 'FANG' Stocks? A Short Explainer
CNBC's Jim Cramer is known for his voluble stock advocacy, but the “Mad Money” host also made a key contribution to contemporary Wall Street lexicon, as he's the one who coined “FANG” as a term for the stocks of Facebook, Amazon, Netflix and Google ...
Facebook, Amazon, Netflix, Alphabet Q4 Earnings Preview: What to Watch For  Chron.com
Tech stocks soar as growth trumps Trump fears  CNNMoney
Hyundai Highlights US Spending Plan Before Trump Inaugurated
SEOUL, South Korea - Hyundai Motor Group said Tuesday it will significantly increase its investment in the U.S. while Donald Trump is president and is considering building a new U.S.
Hyundai-Kia Plan $3.1 Billion U.S. Investment, Mull New Plant  Bloomberg
Hyundai to invest $3.1 billion in US plants  MarketWatch
American Apparel starts mass layoffs as company winds down operations
American Apparel was once a fashion industry trailblazer with its colorful basics, provocative marketing and commitment to U.S. manufacturing.
American Apparel Is Done -- All 110 Stores Are Closing After Company Is Sold ...  PerezHilton.com
American Apparel starts layoffs, employees say  AOL News
Trump criticizes controversial piece of House GOP tax plan
President-elect Donald Trump · Donald TrumpMcCain leans toward voting for Tillerson CIA director on Trump dossier: 'Was I a leaker of this?
Trump, House Republicans may butt heads on tax plan  Fox News
Trump calls corporate tax border adjustment 'too complicated': WSJ  Reuters