Boeing plans 737 plant in China, pledges no U.S. layoffs
SEATTLE (Reuters) – Boeing Co Chief Executive Dennis Muilenburg said on Tuesday he sees scope for additional 737 work going to China as the company continues to increase production rates of the single-aisle jetliner, though any changes would not come a…
Wall Street slides with commodity-related stocks, autos
(Reuters) – U.S. stocks dropped on Tuesday as a selloff in commodities dragged down materials companies while Volkswagen suppliers’ shares dropped following the German carmaker’s emissions scandal.
Goldman CEO Blankfein says has ‘highly curable’ form of cancer
(Reuters) – Lloyd Blankfein, the chairman and chief executive officer of Goldman Sachs Group Inc, said on Tuesday he had a “highly curable” form of cancer and would be able to work mostly as normal during treatment.
Walgreen deceives shoppers with stale price tags: Missouri AG
(Reuters) – Walgreen Co should be held in contempt and fined for its persistent failure to remove expired price tags from store shelves, a practice that deceives consumers, causes overcharges and violates a 2014 settlement, Missouri’s attorney general …
Metlife boosts share buyback program to $1 billion
(Reuters) – Metlife Inc , the largest U.S. life insurer, said it has increased its share repurchase program to $1 billion.
BofA shareholders allow CEO Moynihan to remain chairman
BOSTON/NEW YORK (Reuters) – Bank of America Corp shareholders voted to allow Chief Executive Brian Moynihan to remain as chairman, handing a victory to a CEO who has been slowly turning the bank around since the financial crisis.
Exclusive: Super Bowls and fine wines – Document describes world of Dow CEO
NEW YORK/ATLANTA (Reuters) – Running a Fortune 500 company is a high-pressure occupation. But as documents from Dow Chemical Co suggest, the CEO job can offer some luxuries as well.
Nissan to sell redesigned Altima in U.S. in November
(Reuters) – Nissan Motor Co Ltd said on Tuesday that its mid-sized Altima sedan would go on sale in November in the United States as a redesigned 2016 model.
Brent up slightly, U.S. down 2 percent; pipeline news limits losses
NEW YORK (Reuters) – Brent settled up while U.S. crude finished down 2 percent but off its lows after a partial pipeline outage and bets of positive U.S. inventory data helped oil offset some of Tuesday’s skittish sentiment caused by weak Wall Street s…
GoPro shares attract more short sellers on competition fears
SAN FRANCISCO (Reuters) – Short sellers have dramatically increased bets against GoPro in September as the wearable videocamera maker’s stock fell sharply due to growing concerns about competition.
