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U.S. markets news

Charlotte's big banks clear 'stress test' hurdle
Charlotte's biggest banks once again met minimum federal capital requirements under the Federal Reserve's latest �stress tests,� annual exams that are supposed to measure the resiliency of the nation's biggest banks against another major economic ...
DC Fed wrestles away big-bank oversight from New York  New York Post
Large banks all pass �stress test�  Winston-Salem Journal
New York Times  
Activists rally in front of Federal Reserve, calling for end to 'economic racism'
African-American residents are sick and tired of hearing about an economic recovery that does not apply to them, said Derek Laney, an organizer for Missourians Organizing for Reform and Empowerment.
The Fed's Aim Needs Work  Wall Street Journal
Marketer of the Snuggie to Pay Fine for Misleading Ads
The company behind the Snuggie, Perfect Bacon Bowl and other �As Seen on TV� products has agreed to pay $8 million to settle charges that it deceived customers.
Hartsdale Snuggie seller pays $8M for deceptive sales  The Journal News |
Snuggie maker pays $8 million to settle fraud charges  CNNMoney
Banks Changing Apple Pay Procedures After Fraud, Consultants Say
(Bloomberg) -- Some banks have begun to make changes in how they activate customers' credit-card accounts to use Apple Inc.'s new mobile-payment system after reports of fraudulent transactions, according to industry consultants.
Thieves use stolen credit cards on Apple Pay - report  CNNMoney
Apple Pay stung by low-tech fraudsters  MarketWatch
Draghi's Opaque Version of QE Fuels Market Queries: Euro Credit
(Bloomberg) -- The European Central Bank's flexible approach to buying 1.1 trillion-euro ($1.2 trillion) of euro-area bonds risks making the process more opaque for investors.
Euro plunges as long-awaited 'QE' spree to start on Monday  Irish Independent
US jobs data next test for dollar as euro struggles  CNBC
AbbVie To Buy Pharmacyclics In US$21B Deal
AbbVie Inc plans to purchase Pharmacylclics Inc. for approx. US$21 billion to beef up its pipeline and make available to it one of the leading blood cancer treatment drugs, Imbruvica, and eventually broaden its scope in the oncological medicine.
AbbVie Wins Bidding War for Maker of Cancer Drug, Then Goes on Defensive  New York Times
AbbVie CEO defends Pharmacyclics deal to skeptical investors  Reuters
Mcdonald's acts on chicken medicine
McDonald's is to phase out the use of certain antibiotics to treat sick chickens on its farms amid concerns about the development of dangerous superbugs.
McDonald's not alone nixing antibiotics  USA TODAY
Q&A: Why is McDonald's ditching chicken treated with antibiotics?  Los Angeles Times
REFILE-GLOBAL MARKETS-Dollar juiced up for jobs data, Nikkei hits a high
(Corrects dateline to March 6). * Asian markets mostly cautious before U.S. jobs test. * Report, and especially wages, key for Fed outlook.
Asia Stocks Rise; Dollar Holds Gain Before Jobs Report  Bloomberg
Dollar juiced up for jobs data, Nikkei hits a high  Reuters UK
US Factory Orders Edged Down in January, but Data Also Supports Optimism
WASHINGTON - Orders to American factories fell again in January, but an important investment category showed a gain. Orders to factories edged down 0.2 percent in January, the Commerce Department said on Thursday.
Factory Orders Drop -0.2% on Oil  Economic Populist
U.S. Factory Orders Declined for Sixth Straight Month in January  Modern Readers
The man behind K-Cups joins these 7 inventors with regrets
John Sylan invented the K-Cup, the single-pod coffee container that accounts for a huge chunk of Keurig Green Mountain Coffee's sales.
Keurig's own inventor not a fan of K-Cups  CNET
Here's How Much You'd Save by Dumping K-Cups for Traditional Brewed ...  TIME