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U.S. markets news

Warren Buffett letter hints at successor
Berkshire's vice chairman, Charlie Munger, suggested that one of two men was most likely to succeed Warren Buffett. By DAVID GELLES.
Investor, don't fear stashing cash  U-T San Diego
Top Takeaways From Warren Buffett's Letter  Wall Street Journal
Omaha World-Herald  
Wal-Mart, the Market Combine in Minimum Wage Hike
Anyone wanting proof that a rising economic tide lifts all boats need to look no further than the news of Wal-Mart 's plans to increase its entry level wage to $10 an hour (�Wal-Mart's Capitalist Payday,� Review & Outlook, Feb. 20).
TJX follows Walmart in revising minimum wage; trend expected to continue  The Next Digit
Walmart to offer raise to half a million of its US Employees  Uncover California
Moody's downgrades Chicago's rating over pensions
CHICAGO (AP) - Moody's Investors Service has downgraded Chicago's credit rating to two levels above junk status, citing the city's $20 billion mountain of unfunded pension liabilities.
Exclusive: Chicago nears fiscal free fall with latest downgrade  Reuters
Chicago may owe Wall Street $58 million after Moody's rating cut  Chicago Tribune
Interest Rates, U.S. Dollar: Shovelin' Schmitt Against The Tide
There is an obsession in the marketplace over the date when the Fed will once again begin to raise rates. As if another 25 basis points is going to change the economics on tens of trillions of dollars of investments.
Stanley Fischer Suggests Fed Will Give Less Guidance  New York Times
Dudley, top US economists urge later Fed rate hike  The Fiscal Times
Futuristic city with �Hyperloop� proposed in California
(CNN) - A high-tech community called �Quay Valley� could be popping up in California soon. It would be a self-sustained, solar powered community with a very unique high speed transportation system.
Hyperloop concept to be tested in California next year  West Texas News
Hyperloop to become reality in Quay Valley, California  The Next Digit
US taxpayers owe Robert Benmosche a debt of gratitude
(Robert Benmosche has died at the age of 70 from complications related to lung cancer, according to an announcement by American International Group.
Insurance executive Robert Benmosche, formerly of Monticello, dies of lung ...  Times Herald-Record
Robert Benmosche, Who Led AIG to Repay Bailout, Dies at 70  Bloomberg
President Obama Stumps for Retirement Rule in Weekly Address
Swastikas on California Home Have Neighbors Riled Up ABC News(SACRAMENTO, Calif.) -- Is a swastika-laden yard display at a Sacramento, California, house� Utah Man Had 'Mental Breakdown' After Ex-Wife's Death, Daughter Testifies · Utah Man Had ...
Protecting Fragile Retirement Nest Eggs  New York Times
Posted today at 5:02am  610kvnu
REGION: Gas prices soaring
A cyclist rides by a sign at a gas station in Los Angeles posting the latest gas prices on Friday, Feb. 27. , NICK UT, AP. Related article �.
Gas prices at California pumps jump by as much as 15 cents overnight
AP-Gas Prices
What's on the menu? More than you think
At Starbucks, those little extras nestled around the register can entice you to spend more than you expected. Published: 28 February 2015 06:30 PM.
Restaurants get you to spend more  The Columbian
Herbalife CEO Johnson's 2014 Compensation Down 36% To $6.73 Mln
disclosed in a regulatory filing that its Chairman and Chief Executive Officer Michael Johnson received a 2014 total compensation that was about 36 percent lower than the prior year, while his base salary remained unchanged in 2014 as well as 2013.
Herbalife cuts pay of CEO Johnson 36 pct after missed targets  Reuters
Fight around Herbalife requires to New York streets  Beacon Review