ZDNet

Tesla outlines plans to build new Gigafactories
ZDNet
screen-shot-2017-02-24-at-01-26- Tesla. Tesla has revealed plans to construct a total of five Gigafactories to cater to increased solar panel and electric vehicle (EV) battery demands. In a letter to shareholders (.PDF), the EV manufacturer, founded by …
Tesla Is Burning Through CashBloomberg
3 First Impressions From Tesla's Q4 ReportSeeking Alpha
Tesla cheered for Model 3 plan, but Wall Street braces for fresh capital raise after earningsMarketWatch
Business Insider –Inc.com –Forbes –TheStreet.com
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Bloomberg

RBS Plans to Cut $2.5 Billion of Costs After Ninth Straight Loss
Bloomberg
Royal Bank of Scotland Group Plc, Britain's largest taxpayer-owned bank, laid out a plan to cut costs by 2 billion pounds ($2.5 billion) over the next four years as it posted its ninth straight annual loss. The net loss widened to 6.96 billion pounds
UPDATE 1-RBS posts $8.7 billion loss in ninth straight year without a profitReuters
RBS Posts $8.7 Billion Full-Year Loss as Litigation, Restructuring Costs Hammer Bottom LineTheStreet.com
RBS made its 9th consecutive year of losses and says it won't make a profit until 2018Business Insider
MarketWatch –The Wall Street Transcript –CNBC –BBC News
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Business Insider

Two senior Samsung Group executives offer to resign: Yonhap
Business Insider
SEOUL (Reuters) – Two senior Samsung Group [SAGR.UL] executives have offered to resign to take responsibility for the conglomerate's involvement in the graft scandal involving South Korean President Park Geun-hye, Yonhap news agency said on Friday, …
Samsung Electronics says won't be able to nominate new outside director for AGMReuters
Samsung Pay goes liveThe Star Online
Scandal-Struck Samsung Tightens Donations PolicyWall Street Journal (subscription)
CNBC –City A.M. –Fortune –CNET
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CNBC

Dow pulls off a stunt it hasn't done in 30 years
CNBC
With 10 Dow records in a row, it wouldn't be a surprise if Wall Street's bull caught its breath in the near future. Stocks closed mixed Thursday, but the Dow was the leader, in its longest streak of record closes since the first 13 trading days of 1987
Stock Market News for February 24, 2017Yahoo Finance
Wall Street closes higher: The Dow posts longest win streak since 1992Investing.com
S&P 500 Futures Stage Late Rally as Utilities, Telecom LeadEconomic Calendar

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Fortune

5 Roadblocks Donald Trump's Economic Plan Could Face In Congress
Fortune
Steven Mnuchin proved a smooth, persuasive salesman for the Trump economic manifesto in his first television interviews as Secretary of the Treasury on Thursday morning. But his ideas clash with the agendas of powerful Republicans in Congress. To win …
Dow pulls off a stunt it hasn't done in 30 yearsCNBC
The Trump Team's Evolving Currency-Market Rhetoric: A TimelineBloomberg
He Who Lives by the Stock Market Rally …New York Times
Business Insider –Yahoo News –Townhall –Los Angeles Times
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Washington Times

Trump: House GOP's plan for border tax could create more jobs
The Hill
President Trump on Thursday said House Republicans' proposal to subject U.S. imports to a tax could create jobs, giving a public boost to a provision that has faced criticism from lawmakers and businesses. Trump told Reuters that the proposal, known as …
Exclusive: Trump says Republican border tax could boost US jobsReuters
Michigan tax cut talk in tatters after defeat in HouseDetroit Free Press
Corporate Tax Reform: What The Power Industry Needs To KnowForbes
The Detroit News –U.S. News & World Report –Washington Examiner –CNBC
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Business Insider

Uber symbolizes everything great and terrible about Silicon Valley
Business Insider
As my colleague Biz Carson reported on Thursday: "A former engineer's claims of sexism at Uber is apparently only the tip of a much deeper problem inside the company's culture, according to a scathing report published on Wednesday. A New York Times …
Uber pleads with users deleting the app: 'We're hurting'CNNMoney
Sexism in Tech is a 'Systemic Problem' According to the CFO of SquareTIME
Before You Delete Your Account, Uber Wants You to Know It's 'Deeply Hurting'Entrepreneur
CNET –Vanity Fair –CIO Today –AOL News
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CNN

Dakota Access Pipeline protest site is cleared
CNN
Cannon Ball, North Dakota (CNN) The main Standing Rock protest camp near the Dakota Access Pipeline was cleared Thursday, a day after a deadline to leave the area expired, authorities said. Early Thursday, officials entered the closed Oceti Sakowin …
Protesters cleared from Dakota Access oil pipeline campABC News
Last holdouts are cleared from main Dakota Access pipeline protest campLos Angeles Times
All Dakota Access Pipeline Protesters Have Been Removed From Their CampBuzzFeed News
Roanoke Times –CBS Local –U.S. News & World Report –New York Times
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USA TODAY

Norwegian Air's $65 fares to Europe: What's the catch?
USA TODAY
Norwegian Air stole headlines Thursday morning when it rolled out $65 one-way fares from three Northeast airports to Europe. The jaw-dropping fares are among the lowest fares across the Atlantic in recent memory, just a fraction of what tickets have
Norwegian Air to offer US-Europe fares starting at $65 one wayReuters
The $65 European Airfare Is Coming to the USBloomberg
The $65 ticket to Europe is finally here — and Norwegian Air says it will please TrumpBusiness Insider
Washington Post –The Boston Globe –The Providence Journal –Chicago Tribune
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Bloomberg

Lloyds Swings to Fourth-Quarter Profit as It Boosts Dividend
Bloomberg
Lloyds Banking Group Plc, Britain's largest mortgage lender, swung to a fourth-quarter profit even as it faced more than 700 million pounds of conduct and restructuring charges. Pretax profit was 973 million pounds, compared to a loss of 507 million
Lloyds Boosts Dividend as Full Year Profits Surge on Lower PPI ProvisionsTheStreet.com
Lloyds 2016 net profit quadruples on cost cutsMarketWatch
Lloyds spent £2.1 billion on conduct charges in 2016 while profit and income droppedBusiness Insider
BBC News –Nasdaq –Yahoo Finance –Financial Times
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