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UPDATE 2-AbbVie to buy Pharmacyclics for $21 bln to boost cancer drugs pipeline
... * AbbVie to pay $261.25 per share in cash and stock. * Deal at 13 pct premium to Pharmacyclics' Wednesday close. * To fund deal through existing cash, new debt and stock.
AbbVie to buy leukemia drugmaker Pharmacyclics for $21B  SFGate
AbbVie Makes Cancer Therapy Push With a $21 Billion Deal  Bloomberg
New York Times  
In Eye of Economic Storm, the Fed Blinked
WASHINGTON - When Ben S. Bernanke walked into the Federal Reserve's ornate boardroom in December 2009, the officials who were gathered around the long table gave the Fed's chairman a standing ovation.
Yellen says Fed learning from mistakes of 2008 crisis  Houston Chronicle
"Her forecasts as a Fed official have been strikingly accurate"  ForexLive
China signals "new normal" with lower annual growth target
BEIJING, March 5 (Reuters) - China announced an economic growth target for 2015 of around 7 percent on Thursday and said it would boost government spending, signalling that the lowest rate of expansion for a quarter of a century is the "new normal" for ...
China: Why 10 million is the key number  BBC News
China defense spending to grow 10.1 percent in 2015  San Francisco Chronicle
China stocks lead Asia lower after annual growth target cut
Chinese Premier Li Keqiang delivers the work report during the opening session of the National People's Congress at the Great Hall of the People in Beijing, Thursday, March 5, 2015.
Stocks lose ground again  GazetteNET
Asia stocks slip, euro hits 11-year low before ECB
A man riding on a bicycle looks at an electronic board showing the Japan's Nikkei average outside a brokerage in Tokyo February 24, 2015.
The court ruling that proves Britain still has power inside the EU
Europe uncertain ahead of central bank meeting  CNBC
UPDATE 1-Brent sticks above $60; Iran news offsets bearish US stockpiles data
... * U.S. crude stockpiles up 10.3 mln barrels last week - EIA. * Libya declares force majeure on 11 oilfields. * Saudi Arabia expects oil price to stabilise (Adds quotes, updates prices).
Oil Fluctuates on China's Lower Growth Target, Libyan Supply Issues  Nasdaq
Oil up in Asia trade despite US inventories rise  Times of India
McDonald's Moving to Limit Antibiotic Use in Chickens
McDonald's said on Wednesday that it would begin using chickens that are not raised with antibiotics used to treat humans, a move likely to put pressure on competitors of the fast-food chain, which now sells more chicken than beef.
McDonald's to cut antibiotics in chicken sold in the US  BBC News
McDonald's to stop using human antibiotics in their chicken  The Denver Post
Scouting selling its name but not its soul
The Girl Scouts are no longer just selling cookies but also selling their brand. By licensing products, the 103-year-old organization hopes to boost revenue.
What's up, Girl Scout cookie? How a simple treat got so complicated  OCRegister
Local Girl Scout vows to sell more t...  C&G Newspapers
US banks plead for more tailored approach to Fed stress tests
NEW YORK (Reuters) - When U.S. auto lender Ally Financial Inc (ALLY.N) failed a key regulatory test two years ago, its executives were surprised to learn that the main reason was that the Federal Reserve treated loans to car dealers just like riskier credit to ...
Citi's Fix-It Man Guides Bank Through Stress Test  Wall Street Journal
Banks brace for US Federal Reserve capital buffers inspection  Economic Times
Dow records first triple-digit drop since Jan., as stocks fall broadly -- Stocks fell broadly on U.S. markets on Wednesday, as the Dow Jones Industrial Average recorded its first triple-digit drop in more than six weeks following the release of a flurry of mixed economic data.
How the Dow Jones industrial average fared on Wednesday  SFGate
Stocks Pull Back For 2nd Day  Investor's Business Daily