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U.S. markets news

China January HSBC factory PMI contracts for second month
SHANGHAI (Reuters) - Activity in China's factory sector shrank for the second straight month in January, a private business survey showed on Monday, as the new year got off to a rocky start for the world's second-largest economy.
Asia Stocks Drop as China PMIs Miss; Aussie Bonds Advance  Bloomberg
Surveys Find China Manufacturing Losing Steam in January  New York Times
Louisiana Squeezed as Oil Prices Drop
CUT OFF, La. - �The first thing you hear is, 'Can you cut 10 percent?' � explained Jimmy Lafont, whose towboat operation is one of the countless oil-field service companies spread across south Louisiana.
Goodrich scales back in TMS  McComb Enterprise Journal
Goodrich Petroleum cuts oil drilling in Miss., La.  Jackson Clarion Ledger
Settling Case, Standard & Poor's Backs Off Claims of Government 'Retaliation'
Email; Share; Tweet; Save; More. Photo. Standard & Poor's is expected to say it never found evidence of retaliation for its cutting the credit rating of the United States.
WSJ: Justice Department To Probe Moody's Over Rosy Credit Ratings  Nasdaq
Justice Department Investigating Moody's Investors Service  Wall Street Journal
UPDATE 3-Oil prices fall after last week's surge, strike action
... * Brent, WTI both down around $1.50 after Friday rally. * Prices climbed Friday as U.S. drilling dropped 7 pct. * But U.S. refinery strike could hit short-term demand.
Oil Declines as U.S. Strike Seen Cutting Refinery Demand  Bloomberg
Oil strikes lowest level since 2009 in volatile week  The Nation
McDonald's #paywithlovin' gets chuckles online
Or at least, it's how you could be paying for your dinner at McDonald's during a new promotion beginning tomorrow and ending on Valentine's Day.
McDonald's Gives Away Every Product Advertised During Super Bowl
Super Bowl ad: McDonald's to accept hugs, selfies as payment for some meals  Los Angeles Times
Two Eagles pilots get heroes' welcome
ALBUQUERQUE, N.M. - Troy Bradley and Leonid Tiukhtyaev received a grand heroes' welcome Sunday afternoon, as they walked through the Albuquerque Sunport and were greeted by a throng of people with congratulatory signs, a mariachi band, ...
Balloon pilots arrive in New Mexico after historic flight  Colorado Springs Gazette
GM Victims Fund Gets Late Rush
The cost of General Motors Co. 's victims-compensation fund isn't expected to exceed the $400 million to $600 million the auto maker set aside to pay those killed or injured on account of faulty ignition switches, but it will take weeks for the fund to sort through ...
More than 3300 crash claims filed against GM as window closes  CNNMoney
France Supports Greece in EU Debt Battle
PARIS�France expressed sympathy for the new Greek government's hope of renegotiating the tough terms of its bailout, amid growing international calls for Germany to rethink its austerity-heavy approach to the debt crises in Greece and Europe.
France Offers Support, but No Debt Relief, to Greece  New York Times
We won't seek any more loans, says Greek finance minister  Irish Independent
Marlboro Maker Altria's 4Q Profit More Than Doubles
Marlboro maker Altria Group Inc.'s profit more than doubled in the fourth quarter on higher cigarette prices and lower costs for paying down debt.
U.S. Tobacco Industry Suffers Slow Death: Altria Trading At Premium Despite ...  Seeking Alpha (registration)
Identity thieves try to cash in during tax filing season
Thieves who steal Social Security numbers and other personal data do so in order to file phony tax returns and claim rebates they're not owed.
Epidemic of income tax fraud and related telephone scams  Easton Courier
SMART MONEY: What is the IRS entitled to with Social Security, back taxes?  Indiana Gazette