Main market news here
General Motors Corp. (NYSE:GM) Chief Executive Rick Wagoner said he doesn't expect further consolidation in the U.S. auto industry because of overcapacity, throwing cold water on any rumors that his company might try to buy DaimlerChrysler AG's (NYSE:DCX) unit. GM has plenty of its own problems.
From the 20-20 hindsight department. Following the Valentine's Day weather delays that left thousands stranded on planes that never took off, JetBlue Airways Corp. (NASDAQ:JBLU) has hired former FAA official Russell Chew as its chief operations officer effective March 19. That job was previously handled by President David Barger who will be Chew's boss.
The SEC is trying to figure out if and how it should penalize companies that backdated stock options, according to the Wall Street Journal (subscription required). It's not an easy question since many of the cases are running against a five-year statute of limitations, the paper said.
Google's plan for netbook PCs moves higher into the clouds
Closing Bell: Stock bulls and dollar death (DDRX,GMCR, PEET, SBUX, EBAY, CI, TECD)
So long peak oil, here comes peak uranium
