Boeing reports wing cracks on 787 Dreamliners in production
NEW YORK (Reuters) – Boeing Co said on Friday that “hairline cracks” had been discovered in the wings of about 40 787 Dreamliners that are in production, marking another setback for the company’s newest jet.
Boeing reports wing cracks on 787 Dreamliners in production
NEW YORK (Reuters) – Boeing Co said on Friday that “hairline cracks” had been discovered in the wings of about 40 787 Dreamliners that are in production, marking another setback for the company’s newest jet.
Ex-Jefferies trader convicted of fraud in U.S. bond probe
NEW HAVEN, Connecticut (Reuters) – A federal jury on Friday found former Jefferies Group Inc trader Jesse Litvak guilty of defrauding clients on mortgage bond trades made after the financial crisis.
U.S. job growth offers upbeat sign for weather-beaten economy
WASHINGTON (Reuters) – U.S. job growth accelerated sharply in February despite the icy weather that gripped much of the nation, easing fears of an abrupt economic slowdown and keeping the Federal Reserve on track to continue reducing its monetary stimu…
S&P 500 ends at another record after strong jobs data
NEW YORK (Reuters) – U.S. stocks finished mostly higher on Friday, with the S&P 500 closing at a record after more jobs than expected were created in February and January’s figure was revised higher.
Exclusive: Astenbeck fund jumps in February on oil rally that could help Oxy
NEW YORK (Reuters) – Famed oil bull Andy Hall’s hedge fund rose nearly 8 percent in February in its biggest monthly gain in 2-1/2 years, boosted by a rally in crude oil that could help Occidental Petroleum’s chances of selling its stake in the fund.
Stocks may extend rally after strong jobs data
NEW YORK (Reuters) – Friday’s stronger-than-expected payrolls report did more than ease concerns about U.S. economic fundamentals – it also seemed to justify Wall Street’s record levels, suggesting the market’s uptrend could continue.
Deutsche Bank denies it knew of forex woes since 2006
FRANKFURT (Reuters) – Deutsche Bank denied a German newspaper report on Friday that claimed a senior bank official knew of alleged currency market manipulation efforts as far back as 2006.
Greece, lenders will miss March 10 deadline for rescue loan deal: sources
ATHENS (Reuters) – Greece and its international lenders will miss a self-imposed March 10 deadline to clinch a deal that will release the next tranche of the country’s rescue loans, three senior Greek government sources said late on Friday.
Marchionne Chrysler pay fell in 2013, Fiat pay announced later
DETROIT (Reuters) – Fiat Chrysler Automobiles Chief Executive Sergio Marchionne made salary and stock awards worth $307,989 last year for heading Chrysler Group LLC, according to a filing with U.S. regulators by the American automaker on Friday.