The Detroit News

GM, PSA reach deal on Opel sale
The Detroit News
French automaker PSA Group has reached a deal with General Motors Co. to buy the Detroit carmaker's Opel division and will announce the acquisition Monday, two people briefed on the matter told the Associated Press on Friday. GM's move to get out of
PSA nears deal to buy Opel from GM – sourcesBusiness Insider
Peugeot 'set to unveil deal to buy GM's Opel on Monday'BBC News
GM, Peugeot make progress toward Opel dealDetroit Free Press
U.S. News & World Report –Jalopnik –Tech Times –Car and Driver (blog)
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New York Times

Set to Lift Interest Rate, Fed Embraces Investors' Optimism
New York Times
Janet L. Yellen, the chairwoman of the Federal Reserve, said that the Fed plans to raise its benchmark interest rates this month if conditions are favorable. By REUTERS. Photo by Charles Rex Arbogast/Associated Press. Watch in Times Video ». embed.
GLOBAL ECONOMY WEEKAHEAD-Fed and ECB go their separate waysNasdaq
Yellen Hints at More Aggressive Rate Path Upon Locking in MarchBloomberg
Stocks close higher for the week; Yellen puts March rate hike on the tableCNBC
Reuters –Business Insider –Los Angeles Times –The Hill (blog)
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Sacramento Bee

Keystone pipeline won't have to use American steel, despite Trump's repeated promises
ABC News
The Keystone XL pipeline will not be bound by the Donald Trump's Jan. 24 memo requiring new and retrofitted pipelines to use American steel, the White House said today — and apparently contradicting promises made by the president. "The way that …
Trump won't require Keystone XL pipeline to use American steel after allLos Angeles Times
Keystone pipeline won't use US steel despite Trump pledgeFox News
Despite Trump's claims, US steel won't be required in Keystone pipelinePress Herald
WMUR Manchester –San Diego Jewish World –KBZK Bozeman News –Daily Beast
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Washington Times

Nissan accused of wrongly blocking union activity at plant
NewsOK.com
JACKSON, Miss. (AP) — The United Auto Workers union charges that Nissan Motor Co. broke federal labor law less than two days before a Mississippi rally where U.S. Sen. Bernie Sanders plans to speak in favor of unionization. The UAW says that on …
The top 10 songs and albums on the iTunes StoreReading Eagle

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USA TODAY

Costco shares fall after fee hike, Wall Street miss
USA TODAY
Shares of Costco Wholesale fell Friday, the day after the popular discount warehouse club operator announced a hike in membership fees and reported earnings that missed Wall Street forecasts. The Issaquah, Wash.-based company's stock (COST) closed …
Is Costco's new $60 annual membership fee worth it?MarketWatch
Here's Why Costco (COST) Stock Tumbled 4% TodayNasdaq
Even Mighty Costco Isn't Immune From Being Disrupted by Rising Inflation and Heated Price WarsTheStreet.com
Business Insider –Seeking Alpha –Forbes –Las Vegas Review-Journal
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Fox News

Feds dig in: Agents raid Trump-touted Caterpillar
Fox News
President Trump's “love” of Caterpillar, Inc. apparently wasn't deep enough to spare the Illinois-based manufacturer from a multi-agency federal raid linked to its overseas subsidiaries and tax practices. The company, which makes mining and
Despite raid by feds, Caterpillar reputation may emerge unscathed, experts sayChicago Tribune
'I love Caterpillar,' said Trump just a week ago. Now the company is in hot water.The Boston Globe
Caterpillar shares rise as import practices scrutinizedReuters
Business Insider –Bloomberg –Peoria Journal Star –Crain’s Chicago Business
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Bloomberg

Full Text of Fed Chair Yellen's Executives' Club of Chicago Remarks
Bloomberg
I am pleased to join you today to discuss the U.S. economy and the Federal Reserve's monetary policy. I strongly believe that my colleagues and I should explain, as clearly as we can, both the reasons for our decisions and the fundamental principles
Set to Lift Interest Rate, Fed Embraces Investors' OptimismNew York Times
Janet Yellen puts a rate hike on the table for this monthCNBC
Yellen points to March rate hike as Fed signals end of easy moneyReuters
Business Insider –CBS News –Washington Post –The Denver Post
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Salon

The Keystone XL Pipeline will not have to be made with American steel, despite President Trump's memorandum
Salon
President Donald Trump won the election, in part, due to his economic nationalism. But on Thursday, a White House spokeswoman said that one of nation's largest projects, the Keystone XL Pipeline, will not be subject to the presidential memorandum that …
China finance ministry releases $151 billion defense budgetBusiness Insider
Keystone pipeline won't have to use American steel, despite Trump's repeated promisesmyCentralOregon.com
Keystone XL oil pipeline will not have to use American steelForexLive
Bloomberg –Washington Post –Christian Science Monitor –Daily Caller
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CNBC

Snap Stretches the Limits of Valuation
CNBC
By now, even most of us over 35 — old age, by Snapchat standards — are aware of the photo sharing and messaging app sweeping teenage and millennial America. Even if you have no interest in sending nude photos of yourself that self-destruct, or in
Snap IPO Shows Investor Appetite to Bet on Young Companies AgainBloomberg
What if all schools were tech investors?BBC News
High school makes $24 million from Snap IPOLos Angeles Times
Business Insider –Chicago Tribune –Fortune –CNNMoney
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