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| Citigroup takes a $22 billion hit -- and its stock goes up - Honolulu, Hawaii news, sports & weather ... Big banks are taking huge hits to their profits because of the corporate tax cut. Citigroup posted a whopping $18.3 billion quarterly loss on Tuesday, after it took a one-time charge of $22 billion because of the tax cut. And its stock went up. Here's why. Citigroup, like other financial firms, had to adjust the ...
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| Snow and Ice Coat South, Closing Freeways, Runways, Schools Snow began falling during the pre-dawn hours Tuesday in Louisiana, where freeways were closed in and around Baton Rouge as the winter weather system took aim at other states, forecasters said. With the weather system moving east and plunging temperatures expected right behind it, winter storm ...
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