A-12 settlement won’t extend Boeing’s F/A-18 production line
NEW YORK (Reuters) – The settlement of a dispute over the cancelled A-12 aircraft calls for Boeing Co to build three more EA-18G electronic attack planes for the U.S. Navy, but those jets won’t extend the F/A-18 production line in St. Louis, according …
Pfizer beats profit estimates, investors eye experimental drugs
(Reuters) – Pfizer Inc reported better-than-expected fourth-quarter results, helped by higher sales of drugs for cancer, nerve pain and arthritis, and forecast 2014 earnings in line with Wall Street estimates.
Durable goods orders stumble, but consumers perk up
WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods unexpectedly fell in December as did a gauge of planned business spending, casting a shadow on an otherwise bright economic outlook.
Consumer confidence rises in January
NEW YORK (Reuters) – Consumer confidence rose in January as consumers grew more optimistic about both business conditions and the job market, according to a private sector report released on Tuesday.
Barclays to cut hundreds more investment bank jobs: source
LONDON (Reuters) – Barclays is set to cut hundreds more jobs in its investment banking division, a source familiar with the matter said on Tuesday, as the British lender keeps pushing to reform its business.
Home prices rise more than forecast in November
(Reuters) – U.S. single-family home prices rose slightly more than expected in November, while their increase from a year ago was the biggest in almost eight years, a closely watched survey showed on Tuesday.
Latest RBS hit may speed up sale of U.S. arm Citizens
LONDON (Reuters) – Royal Bank of Scotland’s latest 3 billion pound hit for past misdeeds will leave the state-backed bank low on capital, potentially pushing new boss Ross McEwan to speed up a sale of its Citizens banking business in the United States….
Honda becomes first Japan automaker to be net exporter from U.S.
(Reuters) – Honda Motor Co last year exported more cars out of the United States than it imported into the country, claiming a first among major Japanese automakers.
RBS cuts some forex fixings services as global probe continues
LONDON (Reuters) – Royal Bank of Scotland has told clients it will stop accepting orders for a number of currency fixings, citing an internal review and declining comment on any link to a global inquiry into possible manipulation of the daily benchmark…
Emerging market rout pauses ahead of Turkey, Fed meetings
LONDON (Reuters) – Emerging markets steadied after three days of intense selling on Tuesday, as investors waited to see if Turkey, one of the epicenters of the rout, would hike interest rates to defend its battered lira.