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DOW CROSSES 25,000: Here’s what you need to know

Stocks finished up on Thursday, as the Dow Jones Industrial Average crossed 25,000 points for the first time in history.  Here’s how the markets stand with one day left in the first trading week of 2018: Dow: 25,069.40 (+0.59%) S&P 500: 2,722.79 (+0.36%) Nasdaq: 7,077.91 (+0.18%) What happened: Tesla shares took …

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Sears is closing 103 stores

Getty/Scott Olson Sears is closing 64 Kmart stores and 39 Sears stores. Most of the stores will close by April.   Sears is closing another 103 stores, on top of the 63 stores closing at the end of this month, the company said Thursday. Most of the stores will close …

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Mark Zuckerberg reveals 2018 personal challenge is to fix Facebook

Mark Zuckerberg. Facebook Mark Zuckerberg’s annual personal challenge for 2018 is to fix systemic issues with Facebook like abuse and hacking. In a Facebook post, Zuckerberg acknowledged the company’s blunders over the last year or so, writing that “we currently make too many errors enforcing our policies and preventing misuse …

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Stock market news today January 4

Tesla Welcome to Finance Insider, Business Insider’s summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox. Heading into 2017, the eulogy for good old-fashioned stock pickers had been all but written. Robo-advisors and passive strategies were supposed to …

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CRYPTO INSIDER: XRP is surging

Shutterstock/Oleh Dubyna Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox. Ripple’s XRP has been on a tear for the past month, skyrocketing to the number-two spot behind bitcoin with a market cap of …

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Wall Street is wrong about Tesla Model 3 problem

The Tesla Model 3.Timothy Artman/Tesla Nomura analyst and Tesla bull Romit Shah thinks Tesla’s focus on quality control justifies its sluggish Model 3 production ramp. But quality control should be a given for Tesla, not an excuse. 2018 will be the year when the Tesla bulls have their optimism tested. …

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