U S stocks fall as Caterpillar dampens 2018 profit hopes
U S markets opened strong but slid after Caterpillar said it does not expect to beat first quarter earnings for the rest of 2018. The Dow fell as much as 619 points with the S P 500 down 1 3 percent and the Nasdaq lower. Investors priced in higher oil costs and rising rates.
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New York
U.S
Caterpillar
Whirlpool
Fifth Third Bancorp
Gina Martin Adams
Bloomberg Intelligence
Adams
Federal Reserve
Cambridge Analytica fights Bond villain image in data misuses claims
Cambridge Analytica rejected being a Bond villain amid allegations it misused Facebook data for the 2016 Trump campaign and denied Brexit links. Publicist Clarence Mitchell said data was gathered by a separate firm under strict rules and later deleted, while an independent probe is ongoing.
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London
Cambridge Analytica
Facebook
Clarence Mitchell
Donald Trump
Christopher Wylie
Britain
Mitchell
Trump
Cerns
Mark Zuckerberg
Yahoo faces 35 million fine for delaying breach disclosure
The SEC announced a 35 million dollar penalty against the company formerly known as Yahoo for failing to inform investors about a massive cyber breach for two years. The case notes 500 million user accounts affected, with disclosure late and incomplete.
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Securities and Exchange Commission
Yahoo
SEC
Jina
Federal crackdown targets underage Juul use nationwide
Federal health officials announced a monthlong operation against illegal e-cigarette sales to youths. The FDA warned 40 retailers including 7-Eleven Shell and Cumberland Farms and urged Juul Labs to provide documents on design marketing and ingredients. Juul’s device resembles a flash drive aiding discreet vaping in schools.
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Washington
The
Food and Drug Administration
Shell
Cumberland Farms
FDA
Juul Labs
Bridge lane closure case appealed in federal court
Former New Jersey aides Bill Baroni and Bridget Kelly argued before a federal appeals court that their 2016 convictions for the 2013 George Washington Bridge lane shutdown should be overturned. They said even if the act aimed to punish Fort Lee's mayor for not endorsing Christie it did not violate federal law. The attorneys cautioned the conduct was wrong but not a federal crime while noting the lane use served a public purpose.
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Chris Christie
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the Market IN Review
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Frptmim
HeidrkStr
Stepan
GenElec
Santcusa
RiotBick
Intel
DolphnEntn
Fusion Tel
Twitter
Orchids
ZaiLab
Fordm
At&t Inc
Alpalermlp
Microsoft
Apple Inc 252
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Cedar
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Pfizer
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Comcast
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RPM
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S&psooetf
DineEquity Spdrlehhy
Emersone
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Ericsson
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Siriusxm
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Ford FirstEngy
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SP Engy
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Spdr Fuel
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SP Tech
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Ease
Ussteel
Vale SA
Invacare
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Chicago Mercantile
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Intercontinental Exchange
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PIMCO
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T. Rowe
T. Rowe Price GrSth
Vanguard
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