NBCNews.com

American Airlines Starts Selling 'Basic Economy' Fares
NBCNews.com
If you don't mind giving up using the overhead bins and only finding out your seat assignment at the last minute, has American Airlines got a deal for you. The legacy carrier began selling its new no-frills "Basic Economy" fares on ten routes out of a
'Basic Economy' fares now on sale at American, UnitedUSA TODAY
United, American begin selling cheaper economy-class farePost-Bulletin
$80 to Tampa: American Airlines launches cheap faresFort Worth Star Telegram (blog)
Quartz –AviationPros.com –Skift –AZCentral.com
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Fox Business

Carl Icahn Takes Stake in Bristol-Myers Squibb
Fox Business
The same day Bristol-Myers Squibb Co. shook up its board to satisfy one activist investor, the drugmaker was faced with another: Carl Icahn, whose interest is fueling speculation the company could soon be put on the auction block. Continue Reading Below.
UPDATE 1-Bristol-Myers adds 3 directors in agreement with JANA PartnersBusiness Insider
Icahn buys Bristol-Myers shares, adding to activist pressureReuters
Bristol-Myers Rises After Report That Carl Icahn Owns StakeBloomberg
Nasdaq –MarketWatch –Fortune –StreetInsider.com
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USA TODAY

Lowe's job cuts hit home at NC headquarters
USA TODAY
Lowe's is cutting 525 staff at its headquarters and other facilities as part of a continued reshuffle of its organization, the home improvement chain confirmed Tuesday. Lowe's said that in Mooresville, N.C., where it is based, it has reduced about 430
Lowe's announces 525 layoffs, including 430 at corporate office in MooresvilleWSOC Charlotte
430 corporate employees laid off at Lowe's HQ in MooresvilleWBTV
Lowe's announces layoffs for more than 500 full-time workersWashington Post
Statesville Record & Landmark –WNCN –WBT –Winston-Salem Journal
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Los Angeles Times

Wal-Mart's online sales jump 29% as it works to make inroads against Amazon
Los Angeles Times
The nation's largest retailer keeps working to make headway against the largest online seller. Wal-Mart Stores Inc. drew more shoppers to its namesake stores in the United States and its online sales soared 29% in its fiscal fourth quarter, which
Why Walmart is soaring while Macy's floundersUSA TODAY
Trump's Threatened Tariffs Cloud Wal-Mart's FutureU.S. News & World Report
Jet's Hipster Shoppers Get a Taste of Wal-Mart In-House BrandsBloomberg
CNNMoney –Charlotte Observer –Washington Post –MarketWatch
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SFGate

United, American begin selling cheaper economy-class fare
SFGate
DALLAS (AP) — American and United have started selling cheaper "basic economy" fares as they battle discount airlines for the most budget-conscious travelers. American announced early Tuesday that it began selling the new fares for flights starting
Spirit Airlines CEO dismisses new, cheaper fares by rivalsABC News
Cheap Flights: Why the Big Airlines Are Slashing FaresThe Fiscal Times
Airline Stock Roundup: GOL Linhas, Copa Holdings' Q4 Earnings; Basic Economy Fares Update & MoreZacks.com
Quartz –Condé Nast Traveler
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Bloomberg

Wells Fargo Fires Managers, Denies Bonuses in Account Probe
Bloomberg
Wells Fargo & Co. fired the head of its consumer credit-card business and three other senior managers as the bank's board examines how abusive sales practices spread through branches before spiraling into a national scandal last year. Shelley Freeman …
Wells Fargo fires former LA regional president, 3 other managers after scandalLos Angeles Times
Wells Fargo Has Fired and Cut Bonuses for 4 Executives Over Its Sales ScandalFortune
Wells Fargo fires 4 executives over sham-accounts scandalWashington Post
Forbes –USA TODAY –Business Insider –The Mercury News
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Here are 5 to-dos to if you’d like to leverage your position at work to resist the current administration.


Bloomberg

Mongolian Bond Prices Jump Following $440 Million IMF Bailout
Bloomberg
The price of Mongolia's benchmark 10-year bond rose after the announcement on Sunday that the International Monetary Fund will lead a bailout the nation. The yield declined and the price of the bonds due in 2022 rose more than 4 cents by 1:50 p.m in …
Mongolia agrees $5.5 bln economic bailout plan with IMF, othersReuters
IMF Agrees Terms for $5 Billion Loan to Debt-ridden MongoliaU.S. News & World Report
IMF $440 Million Loan, $5 Billion Package, Bails Mongolia Out Of Commodity Slump TroublesForbes
NDTV –EconoTimes –International Monetary Fund –South China Morning Post
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Reuters

Oil rises, but US drilling drags on prices
Reuters
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen. By Aaron Sheldrick | TOKYO. TOKYO Oil prices rose on Monday but the gains were limited as investors gauged …
OPEC Wins Investors Back as Cuts Prompt Record Bets on OilBloomberg
Oil Rises, But Drilling Drags on PricesFox Business
Weekly Oil Markets Recap – Where Does Global Supply And Demand Stand?Seeking Alpha
Yahoo Finance –Nikkei Asian Review –Hellenic Shipping News Worldwide –Business Day (registration)
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U.S. News & World Report

Asian Shares Muted Ahead of Earnings, Fed Minutes This Week
U.S. News & World Report
Asian stocks are muted as a lack of fresh leads keeps investors on the sidelines while they await economic and corporate earnings reports and Fed meeting minutes due out this week. Feb. 20, 2017, at 1:10 a.m.. MORE. LinkedIn · StumbleUpon · Google + …
European Shares Seen Flat To HigherNasdaq
Asian shares mixed as investors await Fed, company earningsNewser

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