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Boeing Doubles Bets on Strategy for 787 Already Two Years LateBloomberg - - 6 minutes ago Oct. 29 (Bloomberg) -- Boeing Co.'s decision to put a new assembly line for the 787 Dreamliner in South Carolina, instead of its historic Seattle hub, doubles its bets on a global supply strategy that is more than two ... Machinists disappointed, call union "a handy scapegoat" Seattle Times Boeing picks South Carolina for 2nd 787 line The Associated Press Home Buyer Credit Gets New LifeWall Street Journal - - 2 hours ago WASHINGTON -- Senate negotiators reached a tentative deal to extend a tax credit for first-time home buyers, but its passage remains uncertain. Geely Named Favored Volvo Bidder, Paving Way for China TakeoverBloomberg - 1 hour ago By Bloomberg News Oct. 29 (Bloomberg) -- Geely Holding Group Co. was named the “preferred bidder” for Ford Motor Co.'s Volvo Car Corp. Geely Automobile: Not Involved In Parent's Bid For Volvo Wall Street Journal us-China Climate Pact Isn't on Table, Envoy SaysWall Street Journal - 1 hour ago SHANGHAI -- US Special Envoy for Climate Change Todd Stern said he doesn't expect bilateral agreements on global climate issues when US President Barack Obama visits China next month. Turmoil from climate change poses security risks The Associated Press PepsiCo learns a $1.26 billion lesson over misplaced letterReuters - - 9 hours ago A Wisconsin judge has ordered PepsiCo Inc to pay $1.26 billion to two men who said it stole their idea to sell purified water after a secretary mislaid a document alerting the world's No. No show in Wis. court could cost PepsiCo $1.26B The Associated Press The Pepsi Challenge: Undoing $1.26 Billion Default Judgment Am Law Litigation Daily False Reading: Brisk GDP Growth Can't LastWall Street Journal - - 1 hour ago The economy is about to post growth numbers reminiscent of the good old days, otherwise known as the "old normal." But a "new normal" of slower growth might be inevitable. Government report is expected to mark end to recession Los Angeles Times Icahn Clarifies Terms Of Tender Offer For CIT Group NotesWall Street Journal - 5 hours ago SAN FRANCISCO (Dow Jones)--Billionaire investor Carl Icahn, clarified terms of a tender offer for CIT Group Inc.'s (CIT) notes, part of an effort designed to foil restructuring plans for the embattled lender that he says hurts small noteholders. CIT Shoots Icahn Down Forbes 3rd Rescue Considered for GMACNew York Times - - 4 hours ago It might seem like a lot of cash for one supersize clunker, a good-money-after-bad attempt to jump-start a broken-down giant of Detroit. GMAC Trades with Fear and Favor Wall Street Journal Yen climb steepens as profits booked on risk tradesReuters - - 1 hour ago TOKYO (Reuters) - The yen rose across the board on Thursday, extending steep gains particularly on the Australian and New Zealand dollars as investors took profits on a host of growth-linked trades that had been in vogue in recent ... Declining value aids US economic recovery Washington Post US Airways to Cut 1000 Jobs, Focus On Hub CitiesWall Street Journal - 10 hours ago US Airways Group Inc. (LCC) will trim 1000 jobs, or about 3.1% of its total work force and cut flights, focusing on hub cities where it stands to make a profit. US Airways To Cut Vegas Flights In Half Fox5 KVVU JAL turnaround plan may include loans, pension cutsMarketWatch - 4 hours ago By MarketWatch TOKYO (MarketWatch) -- The Japanese government is considering adopting comprehensive legislation that would encompass state-backed loans and mandated cuts in pension benefits for struggling national carrier Japan Airlines Corp. Why the Goldman Sachs-AIG Story Won't Go Away: Jonathan WeilBloomberg - - 1 hour ago Oct. 29 (Bloomberg) -- How did so much taxpayer money end up in the coffers of American International Group Inc.'s too- big-to-fail customers? In Reversal of Fortune, AIG Recoups Collateral Wall Street Journal HK, Shanghai shares fall tracking weak overseas marketsReuters - - 23 minutes ago HONG KONG/SHANGHAI, Oct 29 (Reuters) - Shares in Hong Kong and China eased on Thursday, as weak overseas markets spurred move profit taking, while Nine Dragons' plan to sell new shares further dampened investor sentiment ... Hong Kong stocks fall sharply in early trade MarketWatch Nippon Steel swings loss, though hit is below forecastMarketWatch - - 20 minutes ago TOKYO (MarketWatch) -- Nippon Steel Corp. (5401.TO) said Thursday it booked a net loss of Y29.59 in the July-September quarter due largely to higher input costs, but the loss was smaller than its prior projection as the recovering ... ArcelorMittal's White-Knuckle Ride Wall Street Journal Judge delays decision on bail for Madoff aide DiPascaliUSA Today - - 2 hours ago NEW YORK - Ponzi scheme architect Bernard Madoff's former top financial aide will remain behind bars at least until prosecutors and defense lawyers provide more details about the information he's giving investigators, ... Video: Ex-Madoff CFO Seeks Bail
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Madoff accomplice denied bail, again The Associated Press New Federal Power Urged Over Municipal Bond SalesNew York Times - - 3 hours ago A member of the Securities and Exchange Commission called on Wednesday for legislative changes to put municipal bond markets on a more even footing with the stock and corporate bond markets. SEC considers broader market surveillance The Associated Press Bone device co. accused of illegal marketingBoston Herald - - 1 hour ago Stryker Biotech was charged with improperly marketing bone-mending surgical devices, an alleged scheme that misled federal regulators and forced some patients to go under the knife again to remove “unwanted bone growth. Stryker Biotech faces indictment Boston Globe SIPC Sets Payouts In Madoff ScandalWall Street Journal - - 5 hours ago The Securities Investor Protection Corp. said the amount it has committed to advance to Madoff victims has topped half a billion dollars, exceeding the total of all previous payouts since SIPC's inception in 1970. $534m paid out to victims of Madoff's Ponzi scheme Boston Globe Authorities say $530M-plus paid to Madoff victims The Associated Press Yahoo Returns To Make Its Case To Wall StreetWall Street Journal - - 3 hours ago Yahoo Inc. held its first official event with Wall Street analysts in over three years on Wednesday, and sought to reinforce the notion that it's on its way to a recovery. Yahoo / Microsoft: Not Yet - Deal Delayed Seeking Alpha (blog) Overheard: Less StimulatingWall Street Journal - 1 hour ago The success of "cash for clunkers" proved how eagerly Americans will snap up a good deal. Goodyear Tire & Rubber's early take on the remaining months of the year suggests bargain hunters can disappear just as quickly. Goodyear Sees Operating Loss New York Times Goodyear's little bomb MarketWatch |
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