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U.S. markets news

Target talks about layoffs, cost cutting and saving $2 billion
Retail major Target Corporation has announced its plan to reduce cost and cut several thousand jobs to save nearly $2 billion over a period of two years.
Target to cut thousands of jobs in $2B growth strategy  USA TODAY
US retailer Target to cut thousands of jobs  BBC News
Forbes  
Trucks, SUVs Drive February Auto Sales
February was truck month. With gasoline prices dipping to historic lows, people rushed out and bought crossovers, SUVs, and pickups like nobody's business.
Ford sales fall, Toyota sales increase in February  KRNV My News 4
Cold weather blamed for February's low automobile sales  New York Daily News
Orexigen Therapeutics Shares Gap Up After Analyst Upgrade (OREX)
Orexigen Therapeutics logo Orexigen Therapeutics (NASDAQ:OREX)'s share price gapped up before the market opened on Tuesday after Piper Jaffray raised their price target on the stock from $16.00 to $26.00, American Banking News.
Orexigen jumps on possible heart benefit  U-T San Diego
Report: Orexigen Therapeutics Jumped Gun On Contrave Heart Study  Benzinga
Google turns to renewable energy to power its data centres
Established in 1981, the Altamont Pass wind farm in central California is about to get a Google-funded make-over. Photo: TNS. Google buys Altamont wind energy to run Googleplex.
Solar Energy Jobs Growing By Leaps and Bounds  Climate Central
Solar Power Jobs Declining In Michigan  WSJM
Best Buy reports better than expected earnings, increases shareholder dividend
Best Buy has reported 1.3 percent increase in revenue at $14.2 billion for fourth quarter. The company reported better sales in mobile phones and LED TV segment during the holiday season.
Best Buy signals new cost-cutting phase  The Columbian
Best Buy hikes shareholder dividend, offers one-time payment  SFGate
Asia stocks down after US fall as China growth goal eyed
People walk past the Nasdaq Marketsite in New York's Times Square on Tuesday, March 3, 2015. The Nasdaq fell below 5,000 a day after passing that milestone for the first time since the dot-com era 15 years ago.
Callaway: This time Nasdaq 5000 is different  USA TODAY
Wall St. falls from records, led by tech stocks  The Union Leader
Reserve Bank of India Cuts Benchmark Rate for Second Time This Year
MUMBAI´┐ŻIndia's central bank surprised markets with an unscheduled cut to its key lending rate for the second time since the beginning of the year, indicating that it is joining a world-wide trend of monetary easing that is driving global interest rates to ...
Rajan Cuts India Rates in Unscheduled Move After Modi Budget  Bloomberg
India surprises with second rate cut this year  CNBC
Dick's Sporting Goods Earnings Rise on Better Marketing
Dick's Sporting Goods Inc. said more aggressive marketing in the January quarter helped offset the continued decline of its golf segment and led to better-than-expected earnings and an upbeat full-year guidance.
Dick's scores with Q4 beat  Investor's Business Daily
Dick's sees overwhelming trading volume following better than expected ...  SMN Weekly
Airlines reject rechargeable battery shipments
WASHINGTON - Two major U.S airlines say they will no longer accept rechargeable battery shipments as new government tests confirm that explosions and violent fires are likely to occur when large numbers of batteries enclosed in cargo containers ...
AP Exclusive: Airlines reject rechargeable battery shipments  Appeal-Democrat
Australia's Fourth-Quarter Growth Slows
SYDNEY´┐ŻAustralia's economy isn't growing fast enough to prevent rising unemployment this year, strengthening the case for a further cut in interest rates in coming months.
Australian dollar faces short-term squeeze higher  Sydney Morning Herald
Australia economy finds spark of life in consumer spending  Reuters