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U.S. markets news

Dollar hits 11-year high, rises broadly after China rate cut
TOKYO/SYDNEY (Reuters) - The dollar hit an 11-year high against a basket of major currencies on Monday, with the greenback gaining a broad lift after an interest rate cut in China dented the Chinese yuan and emerging Asian currencies.
Gold gains in Asia as low-interest rate outlook offers support  Nasdaq
Asia stocks mostly rise as China rate cut offsets US data  U-T San Diego
Economic Times  
NXP to buy Freescale Semiconductor, merge operations in $40 billion deal
NEW YORK (Reuters) - Chip maker NXP Semiconductors NV (NXPI.O) has agreed to buy smaller peer Freescale Semiconductor Ltd (FSL.N) and merge operations in a deal valuing the combined company at over $40 billion.
NXP And Freescale, Two Semiconductor Companies, Merging In $40 Billion Deal  Immortal News
Chip Makers Will Merge in Deal Worth $11.8 Billion  New York Times
Walmart wage hike too little, too late
Walmart recently announced it will raise the minimum wage of its lowest-level employees twice - first this spring to at least $9 an hour and then to $10 in 2016.
Wal-Mart Pay Increase Decision Having Ripple Effect In Various Markets  Online News Heard Now
Pay hike decision by Wal-Mart will have massive ripple effects in America  Times Gazette
China February HSBC PMI at seven-month high
Employees assemble electronic components along a production line at a factory in Hefei, Anhui province, January 18, 2015. Credit: Reuters/Stringer.
China February HSBC PMI at 7-month high but export orders shrink  Livemint
China February HSBC PMI at 7-month high but deflation risk persists  The Straits Times
Jain or Abel? Buffett Successor Speculation Continues
Warren Buffett's annual reports to Berkshire Hathaway Inc. shareholders have their own Kremlinology. Investors hunt for any hint about who will succeed the 84-year- old chief executive officer, much as students of the Soviet Union sought clues from its ...
India-Born Ajit Jain Leading Race to Succeed Buffett at Berkshire  Wall Street Journal (blog)
Eight pearls of investor wisdom from Warren Buffett  The Canberra Times
Lumber Liquidators flooring does not meet safety standards: "60 minutes"
(Reuters) - Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring containing levels of formaldehyde that were higher than those permitted under California's health and safety standards, according to television news ...
Lumber Liquidators Sold Illegal Flooring, '60 Minutes' Reports  Bloomberg
Lumber Liquidators linked to health and safety violations  CBS News
US lawmakers say China's �corrupt, gangster� regime is bad for Hong Kong
The US Congress is so bitterly divided that funding for the country's homeland security agency could be suspended this week, but a handful of lawmakers from both parties agree on one thing: China is undermining democracy in Hong Kong.
China to Cut Reserve Ratio Requirement Next: ANZ's Liu  Bloomberg
Hong Kong lawmakers hand themselves in to police over protests  Sin Chew Jit Poh
Trial to push for better flight tracking a year after MH370
SYDNEY (Reuters) - Australia, Indonesia and Malaysia are launching a trial to allow air traffic controllers to more closely track aircraft traversing remote oceans such as the one believed to be the final resting place of Malaysia Airlines Flight MH370.
Malaysia Airlines Flight 370: From mundane to mystery  CNN
Silver linings in yearlong search for Flight 370: No sign of plane but many ...  Fox Business
NYMEX-US oil falls toward $49 after 1st monthly gain since June
SINGAPORE, March 2 (Reuters) - U.S. crude futures fell towards $49 a barrel on Monday after rising more than $1 in the previous session to close February with the first monthly gain since June last year.
Oil falls approximately 1% on weak China outlook, higher Libyan crude output ...  BreakingNews.com
Oil falls on supply concerns; pick-up in China manufacturing helps  Reuters UK
AAA forecast still calls for sub-$3 gas in Manatee County all during 2015
A gas pump with the price of a gallon of premium gas posted for $4.75 dollars in Beverly Hills, Calif. on Friday Feb. 25,2011. With Libya still in chaos and little information available about the status of its oil fields and ports, oil prices rose on Friday and finished ...
Gas Prices on the Rise  FOX 40 News WICZ TV
Jared Hunt column: Gas prices on the way back up  Charleston Daily Mail