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U.S. markets news

IBM dismisses Forbes report of massive layoffs
The IBM logo is seen outside the company's offices in Petah Tikva, near Tel Aviv October 24, 2011. Credit: Reuters/Nir Elias/Files.
IBM denies rumor of 100K layoffs but confirms 'several thousand' layoffs
IBM says Forbes report of massive layoffs is inaccurate  Business Today  
Flights across America canceled due to ripple effect from Northeast blizzard
Jan. 26, 2015: A plane is de-iced at LaGuardia Airport in New York. Airlines canceled thousands of flights into and out of East Coast airports as a major snowstorm packing up to 3 feet of snow barrels down on the region.
Even Winners Could End Up Losing in Winter Storm Juno  Bloomberg
Airlines Cancel Thousands Of Flights As Massive Snowstorm Hits East Coast  CBS Local
Doubts grow about mid-year rate hike, but Fed won't express any
Federal Reserve Chairwoman Janet Yellen may not show her cards on interest-rate-hike timing. WASHINGTON (MarketWatch) - While there are growing doubts among economists that the Federal Reserve will make their first hike in short-term interest rates ...
Fed seen raising rates mid-year even with low inflation: economists  THE BUSINESS TIMES
In brief: Fed likely to remain 'patient' on interest rates  Houston Chronicle
Oil gives up early gains on firm dollar, shrugs off OPEC comments
SINGAPORE (Reuters) - Oil gave up early gains with Brent futures slipping below $48 on Tuesday as a stronger dollar weighed, offsetting comments from producer group OPEC that prices may have found a floor.
Aramco Says Saudis Won't 'Singlehandedly' Balance Crude Market  Businessweek
Oil steadies after OPEC says prices may have bottomed  Economic Times
RPT-Europe's centre-left, rattled by Syriza, wonders which way to jump
LONDON Jan 26 (Reuters) - European politicians at opposite ends of the spectrum celebrated the election victory of Greece's anti-austerity Syriza party on Monday, but Alexis Tsipras' post-communist triumph is forcing mainstream leftists to reconsider their ...
Greek voters are done with outsider demands for austerity. Here's what ...  Quartz
Here's how to make money from Syriza's big Greek election win  MarketWatch
UK economy records fastest growth since 2007
The UK's economy grew by 2.6% last year, the fastest pace since 2007 and up from 1.7% in 2013, official figures have shown. Figures from the Office for National Statistics (ONS) showed the economy grew by 0.5% in the final three months of 2014.
UK growth slows to 0.5pc in fourth quarter
UK economy slows as oil prices hit  MarketWatch
Uber caps price hikes during NYC blizzard
Expect to pay more if you want an Uber in the midst of this week's New York City snowstorm. The car service company could charge nearly three times as much as normal Monday and Tuesday as a potentially historic blizzard bears down on the city.
Uber caps its blizzard surge pricing in New York  The Week Magazine
Price Caps Leave Blizzard Riders Out in the Cold  Forbes
Emirati airlines halt flights to Baghdad after shooting
DUBAI, United Arab Emirates (AP) - Three airlines from the United Arab Emirates are canceling flights to Baghdad after a flight from the Mideast's busiest airport in Dubai came under fire as it landed in the Iraqi capital Monday night.
Airlines suspend Baghdad flights as shots fired at plane  Sydney Morning Herald
Bullets hit flydubai passenger jet at Baghdad airport  Times LIVE
UPDATE 2-Philips lags behind its profit targets as earnings slide
... * Restructuring costs of up to 400 million euros. * Lagging 2016 sales, earnings targets by 1 percent. * Lighting falls to operating loss, sales down 3 pct.
Philips' Net Profit Slumps in 4th Quarter, Sales Edge Lower  ABC News
Philips 'setback' as 2014 profits slashed  Sky News Australia
Novartis Upbeat Despite Weaker Profit
Novartis reported a sharp drop in fourth-quarter profit because of lower sales. Photo: Reuters. By. Marta Falconi. Marta Falconi. The Wall Street Journal.
Swiss drug maker Novartis posts Q4 profit drop