Home »

THE WORLD'S HOT NEWS ON FEB. 26TH 2015

February 26, 2015

U.S. stock futures were higher in early trading, after the Dow closed Wednesday at another record. The S&P 500 and the Nasdaq, however, wereunable hold on to their gains, and finished slightly lower. (CNBC)
The Nasdaq did come within 16 points of hitting 5,000 during Wednesday's session, before pulling back. A drop in Apple (AAPL) hit the Nasdaq and the S&P due to the stock's heavy weighting on both indexes. (CNBC)
Following two days of testimony from Fed Chair Janet Yellen on Capitol Hill, St. Louis Fed President James Bullard joins CNBC's "Squawk Box" until 9 a.m. ET with his views on interest rates and the economy.
U.S. crude prices were under pressure this morning, after settling up 3.5 percent Wednesday in New York trading and snapping a five-day losing streak on improved views on global oil demand. (Reuters)
The FCC is set to vote today on net neutrality regulations that would treat the Internet like a utility. The rules would ban providers from charging more for faster speeds, and purposely slowing speeds down. (Reuters)
Morgan Stanley (MS) has agreed in principle with federal regulators to pay $2.6 billion to settle claims related to the sale of mortgage-backed securities during the financial crisis. (USA Today)
United Continental (UAL) management sent a dramatic safety warning to its pilots last month, calling for stepped-up compliance with rules and procedures following several serious incidents caused by cockpit errors. (WSJ-subscription)
Google (GOOG) is considering making what several sources close to the situation describe as a "strategic investment" in Jawbone, the high-profile San Francisco maker of a number of wireless and wearable devices such as the Up fitness tracker. (Re/code)
China has dropped major global tech brands-including Apple, Cisco(CSCO), and Intel (INTC)-from its approved state purchase lists, whileapproving thousands of local vendors. (Reuters)
A little-known provision buried deep within President Barack Obama's proposed 2016 budget would allow the long-term unemployed to withdraw funds from their retirement plans penalty free. (CNBC)
Warren Buffett will be answering some questions from CNBC viewers and CNBC.com users starting at 6 a.m. ET Monday, when he appears live from Omaha for all three hours of "Squawk Box." Find out how to #AskWarren a question.
Limited recreational use of marijuana has become legal in Washington, D.C., months after residents voted to legalize pot despite major objections from some House Republicans. (USA Today)

A historic winter storm brought more snow and ice to the Southeast and Midwest early today, cancelling hundreds of flights and knocking out power to hundreds of thousands of homes. (NBC News)

Related Post: