Fed minutes
Several Federal Reserve policymakers said the central bank should be ready to vary the pace of its $85 billion in monthly bond buys, according to minutes of a Federal Open Market Committee meeting released yesterday.
Achin’ Apple
Apple’s shares declined 2.4 percent, to $448.85, after Foxconn Technology Group, the manufacturer of products including the iPhone, froze hiring across China.
Fix is in
Boeing has developed a plan that it intends to propose to federal regulators to temporarily fix problems with the 787 Dreamliner’s batteries that have kept the planes on the ground for more than a month, according to an AP report.
Office oops
Office Depot will acquire OfficeMax in a $1.2 billion all-stock deal, the companies said, confirming an agreement mistakenly announced before it was completed.
Crocs trips
Crocs lost $3.6 million in Q4, and shares of the footwear maker fell more than 3 percent after hours.