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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Bloomberg

Dollar Rallies as Fed's Brainard Adds to Rate Hike Speculation
Bloomberg
A gauge of the dollar rose for a fifth day as Federal Reserve Governor Lael Brainard said an interest-rate increase is likely to be appropriate soon. The most important market news of the day. Get our markets daily newsletter. Sign Up. The U.S
Morning News Call – India, March 2Reuters
GLOBAL MARKETS-Asian shares advance, dollar supported by March rate hike betsNasdaq
What Booming Markets Are Telling Us About the Global EconomyNew York Times
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Yahoo Finance

Musk says Tesla to run contest for homemade commercials
Yahoo Finance
Founder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker, in Sparks, Nevada, U.S. July 26, 2016. REUTERS/James Glover II. More. (Reuters) – Elon Musk, an
Tesla's China sales triple to over $1 billionChinadaily USA
Tesla 10-K: Some Quick TakeawaysSeeking Alpha
Elon Musk Is Sticking With Trump For SpaceX ContractsHuffington Post
CNBC –ETEnergyworld.com –Investorplace.com –Daily Caller
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New York Times

Lyft Is Said to Seek New Funding as Its Rival Uber Stumbles
New York Times
The ride-hailing service Lyft is talking with investors about new fund-raising that would put the company's value around $6 billion, according to three people briefed on the financing. Credit Josh Edelson/Associated Press for Lyft. Lyft, the second
Here's Lyft's Next $500 Million MoveFortune
Lyft looks to raise $500M as Uber stumbles: reportUSA TODAY
Senate bill may end Pasco's Uber deadlockTri-City Herald
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New York Times

Snap Prices IPO at $17 a Share, Valuing Company at $24 Billion
New York Times
A sign at the New York Stock Exchange in October directed passers-by to Snapchat, whose parent company, Snap, will begin trading on the exchange on Thursday. Credit Michael Nagle/Bloomberg. Millennials, those 14 to 35 years old, may be as …
Snap Admits It Has No MoatMotley Fool
Snap's sought-after shares set for market debut after $3.4 billion IPOReuters
Snapchat parent passes big test: IPO above expectationWashington Post
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Los Angeles Times

Uber's recent controversies come at a price: public loyalty
Los Angeles Times
Uber founder Travis Kalanick has run his hyper-competitive business under the assumption the ride-hailing service that reigns supreme will be the one with the cheapest rates and best service. On that count, the 40-year-old chief executive has won handily.
What Uber drivers think about CEO Travis Kalanick yelling at one of their ownWashington Post
After argument with driver, Uber CEO promises to 'grow up'Kansas City Star
Uber CEO Travis Kalanick 'ashamed' after video shows him yelling at driverThe Mercury News
MarketWatch –90.5 WESA –STLtoday.com –PBS NewsHour
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Recode

Yahoo's head lawyer is taking the fall for its hacking, while CEO Marissa Mayer is getting her pay docked
Recode
The blame for the massive breach falls on Ron Bell and not where it belongs — at the top. by Kara Swisher@karaswisher Mar 1, 2017, 5:33pm EST. tweet · share · Linkedin. Yahoo's apparently blameless CEO, Marissa Mayer. Kimberly White / Getty Images.
Marissa Mayer is giving Yahoo employees her annual bonus to make up for massive hacksThe Verge
Yahoo's Marissa Mayer loses millions over breachUSA TODAY
Yahoo's Top Lawyer Resigns and CEO Marissa Mayer Loses Bonus in Wake of HackNew York Times
Ars Technica –The Mercury News –TechCrunch –ABC News
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CNNMoney

Trump Taj Mahal purchased by Hard Rock
CNNMoney
The new owner will be a group of investors led by Hard Rock International, the company behind Hard Rock Cafe. President Trump once operated the hotel, but financed the project with junk bonds and could not cover their payments. He parted ways with the …
Icahn to sell Trump Taj Mahal in Atlantic CityMarketWatch
Who is Jim Allen, the Hard Rock CEO who just bought the Taj MahalPress of Atlantic City
Icahn Enterprises LP Announces Definitive Agreement to Sell Trump Taj Mahal Casino ResortNasdaq

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Los Angeles Times

Dow climbs above 21000 points as stocks jump
Los Angeles Times
Investors bet big on U.S. stocks Wednesday, giving the market its biggest single-day gain in nearly four months and pushing the major indexes to record highs. The Dow Jones industrial average rose above 21,000 points for the first time. Banks were the …
Asian shares climb on back of Wall Street highsWashington Post
Dow soars 300 points, closes above 21000 for the first timeCNNMoney
Dow closes above 21000 as stocks soar after Trump speechMarketWatch
The Hill –Zacks.com –Fortune –Nasdaq
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