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U.S. markets news

Uber and Lyft Cap 'Surge Pricing' During East Coast Storm
A pink mustache on the dashboard as Bouchaib El Hassani, 31, a Lyft driver, makes his way through midtown. Bryan Smith´┐ŻZUMA Wire/Alamy.
Uber caps price hike during blizzard  Fortune
Uber caps surge pricing as Blizzard hits New York  MarketWatch
The Week Magazine  
EU Starts Search for Greece Deal After Tsipras Wins Power
European finance ministers started work on reviving Greece's troubled rescue program as new Prime Minister Alexis Tsipras took office promising to end austerity.
UPDATE 2-EU open to later Greek debt repayment, not forgiveness  Reuters
Eurozone looks for dialogue after stunning Greece elections  The Seattle Times
How Barbie helped bring down Mattel's CEO
As recently as October, Bryan Stockton was touting his big plans for a turnaround of Mattel. The toy company's chief executive told investors that he was planning to increase the toy company's focus on reviving Barbie and Fisher-Price, core brands that had ...
Mattel CEO replaced in effort to 'revitalize' the toy maker  Los Angeles Times
Mattel CEO fired amid declining profits  The Week Magazine
5 tips for traveling smart during this Nor'easter
As the Northeast braced for a potentially historic snowstorm, hearty travelers determined to make flights took their chances Monday and streamed into New York's LaGuardia airport.
Blizzard expected for 250-mile stretch of Northeast  Chron.com
American Airlines Group canceling flights from major northeast hubs  Reuters
* S&P cuts Russia's sovereign credit rating
MOSCOW, Jan 26 (Reuters) - Ratings agency S&P cut Russia's sovereign credit rating to below investment grade, or "junk" status, on Monday for the first time in a decade.
Sberbank Leads Russian ADR Drop After S&P Cuts Sovereign Rating  Bloomberg
S&P cuts Russia's credit rating to junk  CNNMoney
US deficit to dip in 2015, era of dramatic declines ends: CBO
WASHINGTON (Reuters) - The U.S. budget deficit will decline slightly to $468 billion this fiscal year from $483 billion last year, the Congressional Budget Office said on Monday in a report that marks the end to an era of dramatically falling deficits.
CBO: Deficit to Shrink to Lowest Level of Obama Presidency  ABC News
Federal deficit falls to lowest in Obama presidency  USA TODAY
Obama blasted for chewing gum during visit with Indian PM
President Obama made headlines Monday in India not only for his gumption, but for his gum. Obama, currently in the country meeting with Prime Minister Narendra Modi, was spotted at India's annual Republic Day parade, sitting among his fellow dignitaries, ...
Prime Minister Modi wore a suit that takes personalization to a ridiculous ...  Washington Post (blog)
India, US CEOs focus on visa, piracy & BIT at roundtable meet  The Indian Express
US bitcoin exchange makes debut
NEW YORK Jan 26 (Reuters) - Bitcoin payments processor Coinbase on Monday opened a regulated exchange in the United States for trading the virtual currency, the company said.
First Licensed U.S. Bitcoin Exchange Will Have Approval From 25 States  Fast Company
Bitcoin is done with its 'tumultuous teen' years  CNBC
For Saudis, falling oil demand is more worrying than glut
NEW YORK - As the world's oil producers wring their hands over a global glut that's pushing down prices, evidence is mounting that Saudi Arabia is more concerned about shrinking demand.
OPEC's Badri says oil may have hit floor, warns of future spike  Reuters
Oil Reacts to Comments from OPEC Secretary-General (USO)  StreetInsider.com
IBM dismisses Forbes report of massive layoffs
SEATTLE Jan 26 (Reuters) - An IBM spokesman dismissed a Forbes magazine report claiming the technology giant was preparing to cut about 26 percent of its workforce.
IBM disputes report of 112000 layoffs  WBAL Baltimore
​IBM dismisses massive layoff report as workforce remixing continues  ZDNet