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U.S. markets news

Gold Soars Above $1200 as Yellen Signals Go-Slow on Rates Path
Gold jumped to the highest level in eight months after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank may delay further interest-rate increases should the turmoil in global markets continue.
Scramble for safety boosts yen, gold and bonds  Reuters
Asia markets mixed, ASX up 0.5%, Kospi down 2.6%  CNBC
New York Times  
Tesla reports big Q4 loss, but shares rise on outlook
Tesla Motors reported a whopping loss in the fourth quarter Wednesday that badly missed estimates, but the electric car maker cheered investors with a rosy outlook for the rest of 2016 and offered reassurances that production is on track.
Tesla's 4Q Net Loss Doubles but Shares up on Outlook  ABC News
Tesla expects to become profitable in 2016, shares surge  Reuters
Twitter, to Save Itself, Must Scale Back World-Swallowing Ambitions
Twitter is the world's most important social network. That might sound like the ravings of an addict, but look at the headlines in every morning's newspaper and the obsessions of every evening's cable news broadcast.
If the tweets stopped, would anyone notice?  USA TODAY
Twitter disappoints investors as user growth hits wall  Reuters
Gold's Outperformance: This Time, It May Really Be Different
There are signs that gold may be performing differently this time around, compared to the other past recovery episodes, which eventually disappointed.
China is on a massive gold buying spree  KSPR
China's is on a massive gold buying spree  WZVN-TV
Burger King wants to rule the hot dog world
Burger King plans to put hot dogs on its menu nationally starting Feb. 23. A chili cheese hot dog will be available as well as a classic dog.
Burger King's next conquest: Hot dog king  Miami Herald
20 Outrageously Good Ways to Upgrade Your Hot Dog  Gates-Chili Post
Sears to close some stores sooner than expected
SACRAMENTO, Calif. (KCRA) —Sears, a 123-year-old American retail giant, has announced it will close some of its stores earlier than planned and shed some of its assets after poor sales in 2015.
Peninsula stores spared in latest round of Sears, Kmart closings  Daily Press
Sears to close 2 more Michigan stores  MLive.com
Mylan Makes $7.2 Billion Deal for Meda; Earnings Miss
Mylan NV said it will buy Meda AB in a cash and stock deal worth about $7.2 billion, adding the Swedish company's specialty drug products and European operations.
Mylan (MYL) Enters Agreement to Acquire Meda in ~$9.9B Deal  StreetInsider.com
Statement by the Board of Directors of Meda in relation to the public offer ...  Business Wire (press release)
Amazon's Shares Rise On Share Buyback Plan
The e-commerce giant will buy back up to $5 billion worth of stock. Amazon's shares jumped nearly 2% on news that the company added a new board member and is embarking on a $5 billion stock buyback plan.
Amazon Brings in Corning CEO to Board, Will Let International Business Chief ...  Wall Street Journal (blog)
Cisco, Amazon shares rally on buybacks  USA TODAY
Whole Foods forecasts key sales figure could slip for year
Whole Foods Market Inc. says its sales will be flat to down 2 percent for the year. | AP file photo. AUSTIN, Texas - Whole Foods Market Inc. says its sales at established locations slipped in its fiscal first quarter, and forecast the figure to be ...
UPDATE 1-Whole Foods beats estimates after pricing revamp  Reuters
Whole Foods Reports Lower Profit  Nasdaq
Time Warner Beats Fourth-Quarter Earnings Estimates, Misses on Revenue, Raises ...
The entertainment conglomerate, led by CEO Jeff Bewkes, also raised its dividend, but its stock declined in pre-market activity. Time Warner CEO Jeff Bewkes acknowledged multiple times on Wednesday that "the shift to on-demand consumption is ...
HBO Now Has 800000 Paid Streaming Subscribers, Time Warner Says  New York Times
Time Warner shares beat expectations amid concerns  New York Post