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U.S. markets news

Fed's Yellen Fretted Over Weak Recovery in 2009, Transcripts Show
Janet Yellen emerged in the Federal Reserve's 2009 transcripts as a prescient forecaster of the dim outlook for the U.S. economy following the 2007-09 recession and financial crisis.
Transcripts reveal Fed confronting chaotic banking system  Washington Post
Fed struggled with 2009 bailouts, bond-buying: transcripts  Reuters
US private sector adds jobs in February, but growth slows -ADP
NEW YORK (Reuters) - U.S. private employers added fewer jobs than expected last month, with the gains declining as well from January's revised level as growth slowed in some sectors, a payrolls processor report showed on Wednesday.
US stocks slump after private-sector jobs report falls short of estimate  MarketWatch
Private Businesses Added 212000 Jobs in February, ADP Says  Wall Street Journal
Weight loss drug claims heart benefit
Tablets of Contrave, a medication made by the San Diego biotech company Orexigen Therapeutics. / photo courtesy of Orexigen. Share Photo.
Orexigen Therapeutics Given Consensus Rating of "Buy" by Analysts ...  WKRB News
Fat Chance: FDA Chastises Orexigen for Disclosing Interim Trial Data  Wall Street Journal (blog)
Automobile sales rise in February for most of the companies
Once again, frigid weather conditions have affected the sales in the United States. Last year also, chilling winters made buyers stay home and auto sales were hurt.
US Auto Sales Down, Analysts Blame Harsh Winter Weather  STGIST
Freezing weather across USA couldn't dampen the auto sale as major ...  Benchmark Reporter
UPDATE 2-McDonald's USA to phase out human antibiotics from chicken supply
(Adds detail on why chicken producers use antibiotics). By Lisa Baertlein and P.J. Huffstutter. LOS ANGELES/CHICAGO March 4 (Reuters) - McDonald's Corp's U.S.
McDonald's to stop buying chicken treated with antibiotics  Fox News
McDonald's dropping human antibiotics from chicken  U-T San Diego
U.S. Stocks Fall as Industrials, Energy Lead Drop From Records
(Bloomberg) -- U.S. stocks fell the most in more than a month as industrial shares led a broad-based retreat after benchmark indexes reached records on Monday.
Stocks lower: Dow loses more than 100  USA TODAY
How the Dow Jones industrial average fared on Tuesday  SFGate
K-Cup Inventor John Sylvan Admits He Doesn't Use 'Expensive' Coffee Pods
John Sylvan, the inventor of K-Cups, admits he doesn't use his hugely popular product and laments their impact on the environment.
Why the man who invented K-Cups regrets his big idea
Here's why K-Cup inventor John Sylvan says he regrets inventing it
Target's new strategy: We need more than just minivan moms
Before the recession, big-box retailer Target was riding high. Its sprawling stores were popping up in seemingly every suburb in America, and its well-designed stores and cheap, chic styles made it appeal both to low-income consumers who might have ...
Target To Cut Thousands Of Jobs, Reduce Costs By $2B  Forbes
Target to cut $2B in costs, including several thousand jobs  SFGate
See How Exxon Mobil Corp. Ranks Among Analysts' Top Dow 30 Picks
A study of analyst recommendations at the major brokerages shows that Exxon Mobil Exxon Mobil Corp. (NYSE: XOM) is the #30 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel.
Here's Why Exxon Mobil Corporation Continues To Increase Exposure In ...  Bidness ETC
ExxonMobil to cut $4.5B in spending  Beaumont Enterprise
Alibaba Is Now Competing on Amazon's Home Turf in the Cloud
Chinese online shopping giant Alibaba may not be competing with Amazon for Americans' retail dollars just yet. But it's now stepping to its US rival in the cloud.
Alibaba Opens Data Center in Silicon Valley  Wall Street Journal