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Earnings season pummels media stocks

Disruptive technology and changing viewing habits shift assessment of cable and satellite TV. Financial Times reports.
Source: Financial Times | By: Matthew Garrahan and Shannon Bond
Dow, S&P snap 5-day losing streak as oil pops 12%

U.S. equities closed sharply higher on Friday as European and American bank stocks - as well as oil prices - bounced sharply.
Source: | By: Fred Imbert
Huge New Jersey fire that burned for 20 hours is contained

But schools were closed Friday in Hillsborough because of smoke from it. The complex once housed old military munitions and is near historic Duke Farms, the estate that belonged to late tobacco heiress Doris Duke. The winter weather posed challenges to firefighters almost immediately, Hillsborough Fire Marshal Chris Weniger said.
Source: The Associated Press
Can Bloomberg put out America's fire?  

The "Worldwide Exchange" crew discuss the morning's top attention grabbing headlines.
China next in line of fire as Hong Kong stocks sink to 3-1/2-year low

HONG KONG, Feb 12- A near 7 percent slump in China shares listed in Hong Kong this week and meltdown in financial markets globally is putting investors on edge ahead of the reopening of mainland China markets on Monday after the long Lunar New Year holiday. Investors will be watching China's official yuan fixing for any signs that it may be allowing the currency to...
Source: Reuters | By: Saikat Chatterjee
Major powers agree cease-fire plan for Syria

Major powers agreed to a cessation of hostilities in Syria, but failed to secure a complete cease-fire or an end to Russian bombing.
Source: Reuters
Boeing to cut jobs in commercial airplane unit

Boeing did not set a time frame for job cuts and said the number "will depend on how effectively we bring down costs as a whole."
Source: Reuters
Facebook's roadblock in India  

Facebook's, Mark Zuckerberg, works to rebuild Indian relations after its "free basic" program was banned and came under fire from unwanted remarks made by Mark Andreessen.
Why Silicon Valley unicorns and seedlings are so uptight now

Silicon Valley start-ups are tightening their belts as VCs pull back funding for all but the biggest unicorns and smallest seedlings.
Top VC Andreessen under fire over India comments

Facebook chief Mark Zuckerberg has denounced comments made by key investor Marc Andreessen that appeared to support the colonization of India.
Source: | By: Saheli Roy Choudhury