IN THE NEWS TODAY
President Donald Trump is expected to unveil today his second budget and infrastructure plan. The infrastructure proposal includes $200 billion in federal spending over 10 years, which would be paid for through cuts elsewhere in the budget. (CNBC)
* Trump's plan to overhaul US infrastructure faces steep hurdles (Reuters)
Trump's immigration framework is likely to get a vote during the Senate's immigration debate this month but will face opposition from Dems. The plan offers a pathway to citizenship for DACA recipients in return for border security, a wall and cuts to family-based immigration. (Politico)
Vice President Mike Pence reportedly said the U.S. is ready to hold talks with North Korea even as it continues to apply sanctions on the rogue state. Pence and the South Korea president agreed on a strategy during the vice president's Winter Olympics trip. (Washington Post)
The Winter Olympics continued today with the women's snowboard slopestyle amid windy conditions. Only five of the 25 riders completed their first runs, including one American, Jamie Anderson. She led the field going into her second run. (USA Today)
* Here's the Olympic medal standing (2018 Winter Olympics)
Emergency workers in Russia were searching for clues outside Moscow today, after a plane crash a day earlier killed all 71 people on board. Investigators are looking into whether weather conditions, human error and technical conditions played a role in the crash. (Reuters)
New York's attorney general sued the Weinstein Company and Harvey Weinstein over the weekend. The civil suit alleges years of sexual harassment and misconduct by the movie producer and that the board repeatedly failed to protect employees. (Reuters)
Tyson Foods (TSN) is having trouble selling some of its non-chicken business, according to a New York Post report. The paper said Tyson is trying to sell divisions whose products don't contain a large amount of protein.
OxyContin maker Purdue Pharma said that it has cut its sales force in half and will stop promoting opioids to physicians. The move followed criticism of the way the drugmakers market addictive painkillers. (Reuters)
STOCKS TO WATCH
Amazon.com (AMZN) bought home security camera maker Blink last year in a bet on the company's energy efficient chips, according to a Reuters report. The $90 million deal had less to do with the products, as analysts had originally thought. It was previously unreported.
Ford (F) said it was boosting production targets for the Ford Expedition and Lincoln Navigator SUVs. It is aiming to increase production by 25 percent this y ear, saying it can sell every single vehicle it produces in the company's Louisville truck plant.
Alibaba (BABA) signed a licensing agreement with Walt Disney (DIS) that will let the online retailer's Youku video streaming platform offer Disney's collection of animated features.
Walt Disney (DIS) has raised prices for certain theme park tickets, with the biggest increase coming for peak single-day tickets. Single-day admissions will now cost $135, a nearly nine percent increase, while some other tickets will rise by a smaller amount.
Marvel Studios "Black Panther" is poised to make box office history this week after garnering record-breaking pre-ticket sales. BoxOffice.com projects it will earn $140 to $150 million in the Friday-Sunday window, enough to crack the top 10 superhero movie debuts. (CNBC)
* 'Fifty Shades Freed' dominates international box office with $98 Million (Variety)
* 'Peter Rabbit' filmmakers apologize for making light of allergies (USA Today)