With record highs in sight, stocks face roadblocks
NEW YORK (Reuters) – If Wall Street needs to climb a wall of worry, it will have plenty of opportunity this week. Major U.S. stock indexes will make another attempt at reaching all-time records, but the fitful pace that has dominated trading is likely to continue. This Friday’s unemployment report and the hefty spending cuts that have officially taken effect will be at the forefront. The importance of whether equities can reach and sustain those highs is more than Wall Street’s usual fixation on numbers with psychological significance. …
http://news.yahoo.com/record-highs-sight-stocks-face-roadblocks-182242383–sector.html
Disney, News Corp. Discuss Hulu’s Future
News Corp and Walt Disney Co. have begun discussions about resolving uncertainty over their jointly controlled online video site Hulu, with one possible outcome being that one or the other company sells their stake.
http://allthingsd.com/20130301/disney-news-corp-discuss-hulus-future/
Postal Service faces fight over ending Saturday mail
WASHINGTON (Reuters) – Trade groups representing greeting card makers, paper manufacturers and newspapers are fighting to prevent the cash-strapped Postal Service from dropping first-class mail delivery on Saturdays.
http://feeds.reuters.com/~r/Reuters/domesticNews/~3/IUoXcuyejuI/us-usa-postal-saturday-idUSBRE91Q19120130227
Oil gets small boost from US supply report
Oil prices found little momentum Wednesday, even amid more signs of an improving U.S. economy.
http://news.yahoo.com/oil-gets-small-boost-us-supply-report-182653184–finance.html