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Monday, March 17, 2014

Schacknow & Belvedere - Morning Squawk Box, March 17, 2014

Compiled by  Peter Schacknow and Matthew J. Belvedere 
In the news today
With no surprises in Ukraine and Wall Street coming off a losing week, U.S. stock futures powered higher in early trading today. The Fed will be in focus this week, as Janet Yellen holds her first news conference as central bank chair. (CNBC)
What next? Pro-Moscow Crimea has voted, as expected, to break away from Ukraine and join Russia. Both the U.S. and European Union were quick with their condemnations and threats of sanctions. (CNBC)
Authorities are investigating a flight engineer who was a passenger on the missing Malaysia Airlines jet. There's still no sign of the plane. Officials have said that evidence points to a deliberate diversion.(Reuters)
Honda is recalling nearly 900,000 Odyssey minivans that could catch fire. The automaker said drivers will be notified next month of a temporary fix until the proper parts are available in the summer. (AP)
Chinese e-commerce giant Alibaba has chosen New York over Hong Kong for its IPO. Meanwhile, Chinese Twitter-like messaging service Weibo has filed for a U.S. IPO. (USA Today & Reuters)
Twitter (TWTR) CEO Dick Costolo will be meeting government officials, academics, and students during his first trip to China. Twitter has been blocked by Chinese censors in that country since 2009. (Reuters)
U.K. mobile giant Vodafone (VOD) has agreed to buy Ono—in a deal valuing Spain's second-largest provider of broadband internet, pay television, and fixed telephone services at about $10 billion, including debt. (Financial Times)

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