Boeing beats Airbus on jet orders as both top 1,000 this year
PARIS/NEW YORK (Reuters) – Airbus and Boeing both topped 1,000 new jet orders in the first eight months of the year, but Boeing is far ahead after adjusting for cancellations.
U.S. judge won’t toss insider trading conviction of SAC’s Martoma
NEW YORK (Reuters) – A federal judge on Thursday refused to throw out the insider trading conviction of former SAC Capital portfolio manager Mathew Martoma, saying the trial evidence “overwhelmingly demonstrated Martoma’s guilt.”
U.S. private job growth slows, but services sector bullish
WASHINGTON (Reuters) – U.S. companies hired workers at a steady clip in August and services sector activity accelerated to 6-1/2-year high, assurances the economy was on track for sturdy growth in the third quarter.
Exclusive: G20 finalizing flexible ‘bail in’ bond deal for big banks – sources
LONDON (Reuters) – The world’s biggest banks may be able to count surplus capital toward new buffers of special bonds being imposed by regulators, two sources familiar with draft proposals said.
Microsoft, publishers try to stop ‘catastrophic’ Google EU deal
BRUSSELS (Reuters) – Google’s antitrust deal with EU regulators was criticized by Microsoft and other competitors in a last-ditch attempt to influence European Competition Commissioner Joaquin Almunia before he leaves office at the end of October.
Exclusive: Electrolux near $2.5 billion-plus deal to buy GE unit: sources
NEW YORK/STOCKHOLM (Reuters) – Sweden’s Electrolux AB is near a deal to buy General Electric Co’s iconic appliance business for more than $2.5 billion, in a move that would significantly expand its reach in North America, people familiar with the matte…
BP shares hit by report of adverse ruling on 2010 oil spill
LONDON (Reuters) – Shares in BP fell sharply on Thursday after a judge in the United States said the oil major had been negligent in events leading up to the 2010 oil spill in the Gulf of Mexico.
U.S. service sector growth strongest since August 2005: ISM
NEW YORK (Reuters) – The pace of growth in the U.S. services sector rose in August to its highest level since 2005, according to an industry report released on Thursday.
U.S. watchdogs accuse Chinese Apple supplier of unsafe work conditions
(Reuters) – Working conditions at a Chinese factory supplying parts for Apple Inc iPads and MacBooks are dangerous and have even deteriorated since they were highlighted a year ago, two labor watchdogs said on Thursday.
U.S. services sector activity growth eases in August: Markit
NEW YORK (Reuters) – The pace of growth in the U.S. services sector dipped in August compared with the previous month, a survey showed on Thursday.
