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U.S. markets news

Berkshire leader names potential Warren Buffett heirs
Warren Buffett and Charlie Munger - Berkshire Hathaway's venerable leaders - are celebrating their golden anniversary this year.
Warren Buffett looks to succession, signals future growth problem  Economic Times
Investor, don't fear stashing cash  U-T San Diego
Wall Street Journal  
Wal-Mart's decision on wage hike for low-paid workers will impact many industries
Wal-Mart recently announced wage hike for more than half a million of its U.S. workforce, adding $1 billion additional expenses on the company's balance sheet.
Wal-Mart raises might lift pay in lower-wage industries  Poughkeepsie Journal
Wal-Mart, the Market Combine in Minimum-Wage Hike  Wall Street Journal
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.
Moody's downgrades the evaluation over pensions in Chicago  Beacon Review
Chicago Mayor Rahm Emanuel will have to answer for city's fiscal free fall  Christian Science Monitor
China PMI shows factory activity shrank again in February
SHANGHAI (Reuters) - Hours after China's central bank cut interest rates to battle slowing growth and rising deflationary risk, an official survey showed on Sunday that activity in China's factory sector contracted for a second straight month in February.
China's Manufacturing Measure Shows Contraction for February  ABC News
China February official PMI shrinks for second straight month  Economic Times
Interest Rates, U.S. Dollar: Shovelin' Schmitt Against The Tide
There is an obsession in the marketplace over the date when the Fed will once again begin to raise rates. As if another 25 basis points is going to change the economics on tens of trillions of dollars of investments.
Fed's Fischer Puts Spotlight on June or September for Rate Rise  Bloomberg
Dudley, top US economists urge later Fed rate hike  Reuters UK
Atlanta airport making security changes after gun-smuggling operation broken up
ATLANTA, Ga. (WAAY/CNN) - Atlanta's Hartsfield-Jackson International Airport is making changes to security, after a gun-smuggling operation was discovered back in December.
Measure would end Georgia tax break on jet fuel  The Augusta Chronicle
Lawmakers may end tax break on jet fuel, to Delta's dismay  U-T San Diego
Closer tracking of oceanic flights trialled
Planes flying over the ocean for long distances will now be tracked every fifteen minutes in a new global trial, Deputy Prime Minister Warren Truss has announced a week before the anniversary of Malaysian Airlines flight MH370's disappearance.
Australia, Malaysia, Indonesia to Trial New Jet Tracking System  NDTV
Better Plane Tracking Trialed After Malaysia Plane Mystery  New York Times
US Economic Growth remains at 2.2% during fourth quarter
The US economy has witnessed a decline in the growth noticed over the last few quarters. During the fourth quarter, the economic growth remained lower than initial estimates, pointing towards the weaker business stockpiling and a bigger trade shortfall.
US Economic Growth in Q4 Revised Down to 2.2 Percent  ABC News
Economic growth weakens in 4Q  Arkansas Online
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
Girl Scouts Celebrate 40th Anniversary Of The Samoa With Sweet Giveaway
LOS ANGELES ( - A lucky person in Burbank is the winner of a year's supply of Girl Scout cookies. Fifteen golden tickets were hidden in boxes of Samoas during a sweet scavenger hunt in Los Angeles Saturday.
Thin Mints Shortage Threatens Regional Girl Scout Fundraising  GoLocalPDX
Irresistible treats: Girl Scout cookie season arrives  WCYB