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Saturday, January 13, 2018
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Tuesday, January 16, 2018
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Thursday, January 18, 2018
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- By Sara Sjolin, MarketWatch Energy stocks stand out as cheap by 15%, JPM says Oil prices have jumped to three-year peaks, as speculative bets hit all-time highs and a record-setting U.S. ...
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Business News  

Bitcoin prices fall as South Korea says ban still an option
(AP Photo - Ahn Young-joon)
By YOUKYUNG LEE
From Associated Press
January 16, 2018 3:48 AM EST

SEOUL, South Korea (AP) — Prices of bitcoin and other digital currencies have skidded after South Korea's top financial policymaker said Tuesday that a crackdown on trading of crypto currencies was still possible.

WASHINGTON (AP) — An attempt to oust President Donald Trump's hotel business from managing a luxury hotel in Panama has turned bitter, with accusations of financial misconduct.

HONG KONG (AP) — David Hanson envisions a future in which AI-powered robots evolve to become "super-intelligent genius machines" that might help solve some of mankind's most challenging problems.

BEIJING (AP) — Asian stock markets were mostly higher Tuesday following a holiday for U.S. markets as investors looked ahead to American corporate earnings.

DETROIT (AP) — Fiat Chrysler's Jeep brand is giving the Cherokee compact SUV a major facelift so it can better compete in one of the hottest parts of the U.S.

DETROIT (AP) — Chinese automaker GAC Motor will scrap the brand name it uses in China when it enters the U.S. market next year because it could be confused with President Donald Trump's surname.

DUBAI, United Arab Emirates (AP) — The United Arab Emirates claimed Qatari fighter jets intercepted two of its commercial airliners in international airspace on the way to Bahrain, allegations denied by Qatar.

DETROIT (AP) — It's the year of the pickup truck at the 2018 North American International Auto Show in Detroit as General Motors, Fiat Chrysler and Ford unveil new trucks in a fast-growing and highly competitive U.S.

NEW YORK (AP) — Pharmacy giant CVS said it will stop significant touchups of images used in its advertising for beauty products. The company said it has a responsibility to think about sending messages of unrealistic body images to girls and young women.

MILWAUKEE (AP) — The next phase in data collection is right under your feet. Online clicks give retailers valuable insight into consumer behavior, but what can they learn from footsteps? It's a question Milwaukee-based startup Scanalytics is helping businesses explore with floor sensors that track people's movements.

DETROIT (AP) — The Latest on the Detroit auto show (all times local): 2:30 p.m. Chinese automaker GAC Motor says it's on track to enter the U.S.

DETROIT (AP) — Fiat Chrysler CEO Sergio Marchionne says he'll step down next year after leading the combined company since 2009. Marchionne, 65, told media at the Detroit auto show that FCA will release a business plan through 2022 around June.

DETROIT (AP) — The competition for full-size pickup truck customers in the U.S. is as rough-and-tumble as ever, with Ram and Chevrolet rolling out brawny-looking new models that are larger, lighter and more efficient than their predecessors.

MONTECITO, Calif. (AP) — After power and drinking water return, and cleanup crews haul away the last of the boulders and muck that splintered homes like a battering ram, the wealthy seaside hideaway of Montecito, California, will start rebuilding with the possibility of another catastrophic flood in mind.

DETROIT (AP) — Automotive journalists crowned the Honda Accord the North American Car of the Year on Monday, a first for the longtime model that's twice flirted for the top honor as a finalist.

BERLIN (AP) — Japan's Softbank is investing 460 million euros ($558 million) in German used car trading platform AUTO1. The Berlin-based company was launched in 2012 and operates in over 30 countries, selling more than 40,000 cars a month on its associated sites.

PARIS (AP) — France's finance minister says he wants new regulation targeted at virtual currencies, to stop them from being used for tax evasion, financing terrorism and other crime.

DUBAI, United Arab Emirates (AP) — The Ritz Carlton in Saudi Arabia's capital may be reopening its doors in time for Valentine's Day, after serving for several months as a prison for the country's elite caught up in what the government has described as a crackdown on corruption.

LONDON (AP) — One of the British state's biggest contractors collapsed Monday, putting thousands of jobs at risk, after creditors and the government refused to bail out a company struggling under the weight of more than 1.5 billion pounds ($2.1 billion) of debt.

LONDON (AP) — Toy maker Lego is partnering with China's internet firm Tencent to offer games, video and possibly a social network aimed at children.

PARIS (AP) — Airbus said Monday it will stop making the costly A380 superjumbo if it can't strike a long-term deal with the airline Emirates for a steady supply of the planes.

PARIS (AP) — The Latest on Airbus (all times local): 9:50 a.m. Airbus says it sold more than 1,100 planes last year, outselling rival Boeing thanks to a raft of end-of-year deals and a growing global economy and travel demand.

RAMALLAH, West Bank (AP) — Palestinians in the West Bank are finally getting high-speed mobile data services, after a yearslong Israeli ban that cost their fragile economy hundreds of millions of dollars, impeded tech start-ups and denied them simple conveniences enjoyed by the rest of the world.