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10 things you need to know in markets January 17

Cranes stand on a Carillion construction site in central London, Britain January 14, 2018. REUTERS/Simon Dawson Good morning! Here’s what you need to know on Wednesday.  1. Odeon‎, Britain’s biggest cinema chain, is preparing to hire bankers to oversee a blockbuster summer flotation on the London Stock Exchange, Sky News reports. …

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Walmart Dispose Rx plan to curb opioid misuse

Walmart Walmart is taking what could be a major step to curbing the opioid crisis. The company is supplying packets that can help patients properly dispose of their opioid prescriptions if they have any left over.  Misuse of prescription opioids is a contributing factor to the opioid crisis in the …

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15 companies defying the retail meltdown by opening hundreds of stores

REUTERS/ Jim Young Discount stores are thriving while mall-based stores are closing a record number of stores.  Discounters are collectively opening hundreds of new stores this year.  Retailers planning to add new stores include Dollar General, Dollar Tree, Family Dollar, Aldi, Lidl, Five Below, and Hobby Lobby.  US shoppers started gravitating …

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Celgene reportedly in talks to acquire Juno Therapeutics

Reuters Celgene is in talks to acquire Juno Therapeutics, The Wall Street Journal reported on Tuesday. If the deal materializes, it’d be the second in 2018 for the biotech giant, which has been under pressure from investors. Juno is known for its experimental treatments that harness the body’s immune system …

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Ivanka Trump copies Melania Trump and Hope Hicks

AP Photo/Carolyn Kaster On Tuesday, Ivanka Trump spoke on a panel about the state of women in the US. The first daughter’s outfit was a noteworthy departure, and it seemed to be a sign that Ivanka was taking a page out of her stepmother’s style playbook.  As Ivanka Trump faces …

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Ethereum drops below $1,000 amid crypto bloodbath

Etherum is trading below $1,000 on Tuesday as most of the major cryptocurrencies plummet. The coin is down nearly 30% to $918.24 on Tuesday. Many of the top cryptocurrencies saw a drop in tune with Ethereum. Bitcoin was down 22.23%. Litecoin fell about 26.02% and ripple’s XRP was trading 37.72% …

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