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U.S. markets news

Berkshire Hathaway's 4Q profit declines 17 percent
OMAHA, Neb. (AP) - Berkshire Hathaway Inc. said Saturday that its fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts.
Berkshire vice-chairman hints at Buffett successor  The Australian
Analysts: The single best stock to own today  USA TODAY
The Guardian  
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 ...
Editorial: Better to leave wage decisions to business, not government  Shelby Star
Minimum wage not real problem  Idaho Press-Tribune
Despite Greece, euro zone is turning the corner
LONDON (Reuters) - The latest episode of Greece's debt crisis has revived doubts about the long-term survival of the euro, nowhere more so than in London, Europe's main financial center and a hotbed of Euroskepticism.
Little Global Spill over from the Greek Drama  Zawya (registration)
Contagion effects from Grexit would plunge world into crisis  South China Morning Post (subscription)
Moody's Downgrades Chicago's Ratings Over Pensions
Moody's downgraded Chicago's credit rating, making it the second worst in the country after Detroit. (Published Saturday, Feb 28, 2015).
Chicago Mayor Rahm Emanuel will have to answer for city's fiscal free ...  Christian Science Monitor
After Moody's downgrade, Chicago administration could face tough times  Uncover Michigan
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
Loudest shouldn't speak for everyone  InvestmentNews
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  ABC News
New plane tracking to be tested after Malaysia jet mystery
(AP Photo/Vincent Thian). A Chinese family member of a passenger on board the missing Malaysia Airlines Flight 370, cries after praying at a temple in Kuala Lumpur, Malaysia, Sunday, March 1, 2015.
Better tracking method to be tested in wake of MH370 disappearance  CTV News
Malaysia Supports Introduction Of First Jet Tracking System - Liow  Bernama
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.
US Economic Growth in Q4 Revised Down to 2.2 Percent  ABC News
Economic growth weakens in 4Q  Arkansas Online
Construction begins 2016 for Hyperloop on five-mile stretch
Hyperloop construction will occur next year with the first full-scale track. Hyperloop Transportation Technologies announced it plans to start building a five-mile track in central California in 2016.
Elon Musk's Hyperloop is getting its first working test track  Business Insider
Futuristic city with �Hyperloop� proposed in California
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 Shares Plunge Nearly 11% On Grim 2015 Outlook  Forbes