News Headlines - 02 February 2018

Dow plunges in biggest drop in years | New York Post

Stock markets had their worst day on Friday since the dawn of the Great Recession, as fears mounted that the Federal Reserve may be forced to act more aggressively to cool down an economy that’s heating up faster than investors expected.

Trump plan calls for new nuclear weapons - POLITICO

The Pentagon's Nuclear Posture Review, the first since 2010, calls for a "lower-yield" option — with less powerful explosive capacity — for ballistic and cruise missiles launched from submarines.
It also says that nuclear weapons could be used to respond to “extreme circumstances,” including non-nuclear attacks.

Sony Chief Hands Over Reins After Resurgence - WSJ

Sony Corp. is getting a new boss after a turnaround that took it from a string of losses to the biggest expected profit in its history.
Chief Executive Kazuo Hirai picked a day on which Sony again upgraded its profit forecast to announce that he was stepping down after six years and handing the reins to Kenichiro Yoshida, who had helped him trim costs as chief financial officer.

Coincheck to be sued over digital currency theft - NHK WORLD

The team of 5 lawyers says about 10 customers of the Tokyo-based company have consulted them. The lawyers say they will file a lawsuit at the Tokyo District Court as early as mid-February.

Grammy Awards draw 19.8 million viewers on CBS, a nine-year low

The CBS telecast of the 60th Grammy Awards was watched Sunday by 19.8 million viewers, a staggering 24% decline from last year's show... The decline in viewership is the latest indication of how awards shows are grappling with dwindling audiences as younger audiences consume highlights online. Other big awards events such as the Oscars and the Golden Globes have seen losses among younger viewers in recent years as well.








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