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U.S. markets news

Euro mixed after Greek poll plunge
TOKYO: The euro edged up against the dollar on Tuesday after plunging in the wake of the anti-austerity Syriza party's victory in Greek elections, while the ruble dropped after Standard & Poor's cut Russia's debt rating to junk.
Euro maintains gains, Asia stocks advance  Channel News Asia
Greek uncertainty weighs on low-rated eurozone bonds  Kathimerini
Balkans.com Business News  
IBM 'flatly denies' reports of 100000 job losses
IBM has denied reports that it is poised to lay off 26 per cent of its workers, or 100,000 people. The multinational technology and consulting corporation has dismissed an article published by Forbes last week as "ridiculous" and "baseless".
IBM denies rumor of 100K layoffs but confirms 'several thousand' layoffs  Examiner.com
IBM says Forbes report of massive layoffs is inaccurate  Business Today
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
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
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
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 economy slows as Europe's 'dark clouds' gather  CNBC
UK growth slows to 0.5pc in fourth quarter  Telegraph.co.uk
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
Uber vows not to gouge during snowstorm  USA TODAY
China 2014 factory profit growth hits two-year low
BEIJING (Reuters) - China's factory profits grew at their weakest rate in two years in 2014 as its economic growth slipped to a 24-year low, underscoring the challenges the economy faces.
Record fall in China industry profits  Financial Times
China stocks decline at end, Shanghai Composite slips 0.9%  Customs Today Newspaper
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 profit plunges, warns on targets  MarketWatch