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U.S. markets news

India-born Ajit Jain in race for Warren Buffett-led Berkshire Hathaway's successor
NEW YORK: Warren Buffett-led Berkshire Hathaway dropped one of the biggest hints about a possible successor to the billionaire investor, describing India-born Ajit Jain and Greg Abel as "world-leading" performers who are "better" business executives than ...
Warren Buffett shares his views about future of Berkshire Hathaway  NY City News
Berkshire-Hathaway profits decline 17%  Indiana Gazette
New York Post  
Wal-Mart's hourly pay hike just the beginning of a revamp
PRESCOTT VALLEY - Following Wal-Mart's announcement on Feb. 19 that they will be raising their starting employee wage to $9 an hour by April and $10 by February of next year, the estimated 500,000 Wal-Mart employees who will be affected are waiting ...
Minimum wage not real problem  Idaho Press-Tribune
Wal-Mart's decision on wage hike for low-paid workers will impact many ...  Uncover Michigan
Global Economy: ECB braces for QE as others shift rates
BRUSSELS: Greek funding and quantitative easing in Europe, an expected rate cut in Australia and the buoyant US labour market are set to be the focus of an economic week dominated by a host of central bank meetings.
ECB to unveil details of QE programme, discuss Greece  Channel News Asia
Greece seeks negotiations on ECB bond repayment  BDlive
After Moody's downgrade, Chicago administration could face tough times
After Moody's Investors Service downgrade, Chicago could get into massive fiscal trouble as the risk of termination of four interest rate swap agreements looms large.
Chicago's debt rating downgraded in lead-up to mayoral runoff
Moody's downgrades Chicago's rating over pensions  KSRO
Seeing through the fog on retirement-fund advisers
President Obama and a consumer group agree: All who offer retirement advice should act in clients' best interests, even if it lowers advisers' profits.
The real reason brokers oppose a fiduciary standard
How Obama action could affect retirement advice from brokers  Charleston Post Courier
Latino nonprofit offers aid with health and taxes days
When nonprofit executive Will Gonzalez heard about the special enrollment period allowing people to buy health insurance when they file their income tax returns, he knew what he had to do.
Added tax season hassle for some due to health form errors  The Denver Post
Q4 growth revised to 2.2%
The U.S. economy expanded at a slower pace than initially thought in the fourth quarter of 2014, as less stockpiling by businesses and a slightly weaker trade balance weighed on growth.
Economic growth weakens in 4Q  Arkansas Online
5 reasons US economy is stronger than Q4 GDP suggests  The Times and Democrat
Futuristic city with �Hyperloop� proposed in California
(CNN) - A high-tech community called �Quay Valley� could be popping up in California soon. It would be a self-sustained, solar powered community with a very unique high speed transportation system.
Hyperloop concept to be tested in California next year  West Texas News
Elon Musk's high-speed Hyperloop to be built in California next year
No plane, many discoveries in yearlong search for Flight 370
FILE - In this April 13, 2014 file photo, taken from the Royal New Zealand Air Force (RNZAF) P-3K2-Orion aircraft, co-pilot Squadron Leader Brett McKenzie looks out of a window while searching for debris from missing Malaysia Airlines Flight 370, over the ...
Better plane tracking trialed after Malaysia plane mystery  Newsday
Better plane tracking tried after Malaysia plane mystery  WXIX
Herbalife cuts pay of CEO Johnson 36 pct after missed targets
BOSTON Feb 28 (Reuters) - Herbalife Ltd cut the pay of Chief Executive Michael Johnson 36 percent for 2014 after the nutrition and weight loss company failed to meet performance goals set for him and other top executives, according to a securities filing on ...
Herbalife Tumbles After Changes to Sales Model Crimp Growth  Bloomberg
Herbalife (HLF) Stock Sinks Today After Revenue Miss, Lower Guidance