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U.S. markets news

India-Born Ajit Jain in Race for Warren Buffett Successor
New York: Warren Buffett-led Berkshire Hathaway dropped one of the biggest hints about a possible successor to the billionaire investor, describing India-born Ajit Jain and Greg Abel as "world-leading" performers who are "better" business executives than ...
Buffett looks to succession, signals future growth problem  Reuters
Investor, don't fear stashing cash  U-T San Diego  
ECB braces for QE as others shift rates
BRUSSELS (Reuters) - Greek funding and quantitative easing in Europe, an expected rate cut in Australia and the buoyant U.S. labor market are set to be the focus of an economic week dominated by a host of central bank meetings.
German finance chief Wolfgang softens tone, says Greece 'needs time'  Economic Times
German finance minister issues warning to Greek government  Irish Times
Wal-Mart's hourly pay hike just the beginning of a revamp
PRESCOTT VALLEY - Following Wal-Mart's announcement on Feb. 19 that they will be raising their starting employee wage to $9 an hour by April and $10 by February of next year, the estimated 500,000 Wal-Mart employees who will be affected are waiting ...
Editorial: Better to leave wage decisions to business, not government  Shelby Star
Minimum wage not real problem  Idaho Press-Tribune
After Moody's downgrade, Chicago administration could face tough times
After Moody's Investors Service downgrade, Chicago could get into massive fiscal trouble as the risk of termination of four interest rate swap agreements looms large.
Moody's downgrades Chicago's rating over pensions  KSRO
Seeing through the fog on retirement-fund advisers
President Obama and a consumer group agree: All who offer retirement advice should act in clients' best interests, even if it lowers advisers' profits.
The real reason brokers oppose a fiduciary standard
Loudest shouldn't speak for everyone  InvestmentNews
Hong Kong rally against Chinese shoppers turns chaotic
HONG KONG (AP) -- Hong Kong police have used pepper spray to break up scuffles between protesters demonstrating against mainland Chinese shoppers and villagers from a border town.
Man, 61, dies of bird flu in Hong Kong after contracting virus in mainland China  South China Morning Post (subscription)
Health-form errors create tax headaches
WASHINGTON -- There's an added hassle this tax-filing season for nearly 1 million people who got financial help with health insurance premiums under President Barack Obama's health care law.
Latino nonprofit offers aid with health and taxes days
Added tax season hassle for some due to health form errors  Washington Post
Q4 growth revised to 2.2%
The U.S. economy expanded at a slower pace than initially thought in the fourth quarter of 2014, as less stockpiling by businesses and a slightly weaker trade balance weighed on growth.
Economic growth weakens in 4Q  Arkansas Online
Fourth-quarter economic growth revised down  Rocky Mount Telegram
Construction begins 2016 for Hyperloop on five-mile stretch
Hyperloop construction will occur next year with the first full-scale track. Hyperloop Transportation Technologies announced it plans to start building a five-mile track in central California in 2016.
Futuristic city with �Hyperloop� proposed in California
Hyperloop concept to be tested in California next year  West Texas News
Herbalife cuts pay of CEO Johnson 36 pct after missed targets
BOSTON Feb 28 (Reuters) - Herbalife Ltd cut the pay of Chief Executive Michael Johnson 36 percent for 2014 after the nutrition and weight loss company failed to meet performance goals set for him and other top executives, according to a securities filing on ...
Herbalife Tumbles After Changes to Sales Model Crimp Growth  Bloomberg
Herbalife Shares Plunge Nearly 11% On Grim 2015 Outlook  Forbes