02/28/13 THE RAW BUSINESS NEWS FEED

• US Court of Appeals may lay the smack down on the FCC, stripping it of some regulatory power _{2013-02-28, 10:18 pm}
  The Federal Communications Commission's is a government agency whose stated purpose is to regulate "interstate and international communications by radio, television, wire, satellite and cable in all 50 states, the District of Columbia and U.S. territories." The agency is directed by five presidentially-appointed commissioners who, back in July, ... (more)
• China's manufacturing growth falls to 5-month low _{2013-02-28, 09:55 pm}
  Surveys show China's manufacturing activity in February grew at its weakest rate in five months as demand faltered and companies suspended work for the Lunar New Year holiday.
• Market Comment: S&P/Asx 200 Remains Down 0.5% After China Pmi _{2013-02-28, 09:48 pm}
  Still, the fall could renew concerns about momentum in the world's second-largest economy, after growth began rebounding in the fourth quarter last year.
• Market Comment: China Shares Down a Tad After Official Feb Pmi _{2013-02-28, 09:48 pm}
  The Shanghai Composite Index is down 0.1% at 2362.53, with analysts tipping immediate support at 2345.
• Formosa Petrochemical: To Form JV with Kraton Performance Polymers _{2013-02-28, 09:48 pm}
  Formosa Petrochemical Corp. , Taiwan's largest private refiner by output, said Friday it has agreed to form a joint venture with Kraton Performance Ploymers Inc.
• Branson Plans Domestic U.K. Airline _{2013-02-28, 09:48 pm}
  International Consolidated Airlines Group SA and its British Airways unit face a new challenge from entrepeneur Richard Branson, The Times in London reported on its website Friday.
• Best Buy, Founder End Deal Talks _{2013-02-28, 09:48 pm}
  Best Buy Co. has ended talks with founder Richard Schulze over a deal in which he and a group of buyout firms were proposing to take a minority stake in the firm in exchange for three seats on the board, according to people familiar with the matter.
• Australian Coal Exports Fall After Heavy Rains _{2013-02-28, 09:48 pm}
  Coal exports from Australia fell sharply in January as torrential rains cut shipments from some of the nation's biggest commodity ports by as much a third.
• Asian Shares Lower After China PMI Data _{2013-02-28, 09:48 pm}
  Australian stocks were lower early Friday following below-view Chinese manufacturing data, while Japanese shares took pause at the end of a violent week of trading.
• Asia Markets: Asia Stocks Slip Back After Big Rally _{2013-02-28, 09:47 pm}
  Asian stock markets slipped Friday to start the new month on a broadly downbeat note, with a pair of lackluster manufacturing surveys from China doing little to help sentiment.
• Asia Markets: Asia Stocks Downbeat In New Month _{2013-02-28, 09:47 pm}
  Japan's Nikkei Stock Average slipped 0.4%, New Zealand's NZSX 50 retreated 0.2%, and Australia's S&P/ASX 200 index lost 0.5%. While Asian stocks surged Thursday, the last session of February, U.S. shares ended with small losses later in the day.
• Japan Stocks Retreat After Thursday's Rally _{2013-02-28, 09:47 pm}
  Japanese blue-chip stocks pulled back early Friday after sharp gains in the previous session, even as the broader market eked out a mild gain.
• Fed Should Not Scale Back QE Plan: Evans _{2013-02-28, 09:47 pm}
  The Federal Reserve should not scale back its bond-buying program, said Charles Evans, president of the Chicago Fed Bank, on Thursday.
• China Manufacturing Slows Almost To a Halt: Data _{2013-02-28, 09:47 pm}
  A government-sponsored survey of Chinese manufacturing activity released Friday showed growth in the sector's activity slowing almost to a halt.
• China Manufacturing Growth Slows In February: HSBC _{2013-02-28, 09:47 pm}
  Chinese manufacturing activity continued to expand in February, although the rate of improvement leveled off, according to the final outcome of a survey released by HSBC on Friday.
• Yahoo CEO's Work-from-Home Ban Spurs Feminist Debate _{2013-02-28, 09:47 pm}
  Next Generation Correspondent Michelle Fields, attorney Remi Spencer and Independent Women's Forum policy analyst Hadley Heath on the fallout from Y...
• Martin Scorsese's 'Wolf of Wall Street' to Hit Theaters November 2013 _{2013-02-28, 09:41 pm}
  Universal also announced several release shifts on Thursday. The studio is moving up Mark Wahlberg - Denzel Washington action 2 Guns from Aug.
• Groupon Employees Wanted Andrew Mason Fired, Too _{2013-02-28, 09:38 pm}
  One reason why Andrew Mason held onto his job as Groupon CEO for long, we were told, was that he had the support of employees - and ousting him would crush morale.
• Ford to sell cars and pickup trucks in Myanmar _{2013-02-28, 09:38 pm}
  Ford Motor Co. has signed a deal to distribute cars and pickup trucks in Myanmar, the head of Ford's local partner said.
• Day in Pictures, Feb. 28, 2013 _{2013-02-28, 09:38 pm}
  For larger DIP photos, click on the mouse-over arrow at the lower right corner of the box surrounding the photo. Ready, aim, squirt! At many nightclubs in Cancun, partying college students can get a buzz on without a glass ever touching their lips. Photo: Israel Leal, Associated Press