Some Boeing machinists plan to contest crucial labor vote
SEATTLE (Reuters) – Some Boeing Co machinists plan to push for a recount or even a new vote on their latest labor contract with the aircraft maker, possibly extending a long-running drama over which state will get to work on Boeing’s new 777X jet.
Samsung Electronics Q4 guidance widely misses street estimates
SEOUL (Reuters) – Samsung Electronics Co Ltd said October-December operating profit fell 18 percent to 8.3 trillion won ($7.8 billion) from the prior quarter’s record earnings, missing analyst estimates, due primarily to a one-off special bonus.
Panama Canal proposes joint financing to end cost row
PANAMA CITY (Reuters) – The head of the Panama Canal on Monday proposed that it and a Spanish-led consortium expanding the major maritime cargo artery plug a financing gap between them, and said the sides had agreed to talks on Tuesday to defuse a row …
Morgan Stanley rates trading head leaves amid strategic shift
NEW YORK (Reuters) – Morgan Stanley’s former global head of rates trading, Edward Glenn Hadden, said he has left the bank to pursue another opportunity after a change in strategic direction.
Wall St. dips for third straight day after mixed data
NEW YORK (Reuters) – U.S. stocks slipped on Monday after a mixed batch of economic reports, which showed a slowdown in growth in the U.S. services sector and a rebound in new orders for factory goods.
Some Boeing machinists plan to contest crucial labor vote
SEATTLE (Reuters) – Some Boeing Co machinists are set to push for a recount or even a new vote on the plane-maker’s latest labor contract, according to one source, possibly extending a long-running drama over which state will get to work on Boeing’s ne…
Analysis: Cash crunch signals policy dilemma for China’s reformist central bank
BEIJING (Reuters) – China’s central bank looks set to risk another cash crunch at the end of January, barely a month after the last market squeeze, as policymakers press ahead with a crackdown on shadow financing and other risky bank lending.
Samsung Electronics braces for weakest year of smartphone growth
SEOUL (Reuters) – Samsung Electronics Co Ltd is bracing for its weakest smartphone profit growth this year since 2007 as arch rival Apple Inc challenges its domination in China’s $80 billion market.
U.S. business bankruptcies dropped 24 percent in 2013
WILMINGTON, Delaware (Reuters) – Business bankruptcy filings in the United States dropped 24 percent in 2013 to their lowest level since at least 2006, according to a report on Monday.
U.S. judge orders RBS unit in Japan to pay $50 million over Libor
(Reuters) – A Japanese investment banking unit of Royal Bank of Scotland Group Plc was ordered on Monday to pay a $50 million criminal fine after pleading guilty to wire fraud over its role in manipulating the benchmark interest rate Libor.
