No electronics on some US-bound jets from Mideast, Africa

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No electronics on some US-bound jets from Mideast, Africa

Washington Post
WASHINGTON – The U.S. government is ordering passengers on nonstop, U.S.-bound flights from a handful of mostly Middle Eastern and North African countries to pack electronic devices other than cellphones in their checked baggage.

Trump drops 208 spots on Forbes list of billionaires

Washington Post
This story has been updated. Donald Trump is $1 billion poorer since becoming president, according to Forbes’s latest list of the world’s billionaires.

Facebook and Google predicted to make $106 billion from advertising in 2017, almost half of world’s digital ad spend

CNBC
A smartphone with the logo of the Youtube video sharing website on the screen, in front of a computer screen showing the front page of Youtube.

Fed’s Dudley Says Wells Fargo Shows Bank Culture Needs Improving

Bloomberg
The scandal involving Wells Fargo & Co. that surfaced last year shows the U.S. banking industry still has work to do on improving its culture, Federal Reserve Bank of New York President William Dudley said.

David Rockefeller, Philanthropist and Head of Chase Manhattan, Dies at 101

New York Times
David Rockefeller, the banker and philanthropist with the fabled family name who controlled Chase Manhattan bank for more than a decade and wielded vast influence around the world for even longer as he spread the gospel of American capitalism, died on …

Here’s Proof Your Startup Needs HR

Bloomberg
The founder of Thinx has lost control of the period-underwear company largely because of one serious blind spot: human resources. As the startup expanded and pulled in tens of millions in revenue, then-Chief Executive Officer Miki Agrawal never

General Mills beats profit expectations but sales fall shy

MarketWatch
Shares of General Mills Inc. GIS, -0.66% fell 0.8% in premarket trade Tuesday, after the branded consumer foods company reported a fiscal third-quarter profit that beat expectations but sales that fell a bit short.

GLOBAL MARKETS-Asian shares at 21-month highs, dollar soft on Fed views

Nasdaq
… * U.S. bond yields ease, taking dollar with them * Chicago Fed Evans says two more rate hikes likely this year * Asia shares hit 21-month high * Oil prices tick up on hopes of extended OPEC-led output curb * European shares seen opening slightly

Will Snap hit $24 in the next four months? Options traders say it’s a coin flip

CNBC
Investors who have lost money in Snap shouldn’t look to the options market for comfort. Over the next few months, Snap shares have only a 50 percent chance of so much as touching the $24 level at which they began trading a few weeks ago, based on an …

Buffett’s Berkshire Hathaway stock has run up enough since Trump election: analyst

MarketWatch
A cautionary ratings action for Warren Buffett’s Berkshire Hathaway Inc. by analyst Kai Pan at Morgan Stanley may speak louder than his bullish words about the insurance-powered conglomerate.

Your Target store is about to look a lot different. Here’s what to expect

CNBC
Target on Monday gave shoppers a peek at what its $7 billion investment into the business could mean for their local stores. Coming to the Houston area in October, Target’s first fully redesigned shop will include two separate entrances: one for time

Oil prices climb on talk that OPEC could extend supply cut

Reuters
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo.

Man Draws $4.3M IRS Penalty For Lending $100K To Struggling Business

Forbes
No good deed goes unpunished, as the saying goes. On first impression, that’s what happened to Dr. Robert McClendon, a Texas physician.

Uber’s Messy Breakup Complicates Search for COO

Bloomberg
Jeff Jones, who resigned as president, clashed with the CEO and unsuccessfully advocated for in-app tipping and other changes. by.

Albertsons Gazes Into the Future and Envisions Organic Bananas

Bloomberg
Every grocery chain seeking to thrive in the modern world must provide organic kale alongside the Hot Pockets and Fritos. That point was driven home by merger talks in recent weeks between Albertsons Cos.

Ride-hailing rivals can agree: New Indonesian regulations are a headache

CNBC
It’s a street battle with plenty of fumes. Taxi drivers versus ride hailing apps – a drama that’s played out in major cities around the world.

Target taps Kroger executive to fix one of its biggest trouble spots

CNBC
Target on Monday took a step toward fixing one of its biggest trouble spots: Food. The discount retailer said it has hired Kroger executive Jeff Burt to head up the company’s ailing grocery business.

Morning Agenda: Walmart Makes Another Push Online

New York Times
A Walmart store in Maplewood, Mo. The company is starting Store No. 8, an internal venture meant to create new online retail businesses.

SoftBank invests $300 million in shared-office startup WeWork: source

Reuters
FILE PHOTO – A guest attends the opening ceremony of WeWork Hong Kong flagship location in Hong Kong, China February 23, 2017. REUTERS/Bobby Yip/File Photo.

UK Inflation Gains More Than Forecast, Breaching BOE Goal

Bloomberg
U.K. inflation accelerated more than economists forecast in February, breaking through the Bank of England’s target for the first time in more than three years.

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