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American Express falls despite earnings beat (AXP)

Graham Rapier Jan. 18, 2018, 04:36 PM Markets Insider Shares of credit card provider American Express fell more than 2% after the closing bell on Thursday despite reporting earnings that exceeded Wall Street expectations. A previously disclosed $2.6 billion tax charge resulted in the company’s first loss in 26 years. …

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Samsung wants to best Apple with a notch-free phone

A drawing from a Samsung patent application shows the company’s vision for a borderless, notchless smartphone. Let’s Go Digital In a patent application published Thursday, Samsung showed off what its Galaxy devices might look like if they had edge-to-edge displays. In the proposed design, Samsung would place sensors such as …

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Uber deal with SoftBank closes

Uber CEO Dara Khosrowshahi Michael Cohen/Getty Images for The New York Times SoftBank’s big deal with Uber has closed: The firm now owns about 15% of shares in the ride-sharing company, purchased at a 30% discount. SoftBank will also invest $1.25 billion into Uber directly.  Former Uber CEO Travis Kalanick …

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Goldman Sachs upgrades Walmart stock

AP/Danny Johnston Walmart‘s stock jumped after Goldman Sachs upgraded the company to “Buy” from “Neutral.” Goldman added Walmart to its “Americas Conviction List,” a group of the bank’s favorite stocks to buy. Goldman said that Walmart will be a big beneficiary from the GOP’s tax reform law. View Walmart’s stock …

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CRYPTO INSIDER: Comeback time | Markets Insider

Reuters/Yuya Shino 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. Cryptocurrencies are making slight rebounds after this weeks massive slump, with Ripple and other small cryptocurrencies leading the charge.  Here are the current …

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Teavana’s stores closing – Business Insider

Starbucks Starbucks and a mall operator reached an agreement that will allow the coffee chain to close 77 Teavana locations.  The coffee chain previously announced plans to close all 379 Teavana locations, which are primarily located in malls.  In December, a judge ordered Starbucks to keep the locations open.    …

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