Boeing wins deal worth up to $750 million for B-1 bomber work
WASHINGTON (Reuters) – Boeing Co has won a contract valued at up to $750 million over five years for continued work on the U.S. Air Force’s fleet of B-1 bombers, the Pentagon announced on Monday.
Hertz adopts shareholder rights plan
(Reuters) – Hertz Global Holdings Inc , the No. 2 U.S. car rental company, said it adopted a shareholder rights plan as it had observed “unusual and substantial activity” in its shares.
NYC sues FedEx for illegally shipping cigarettes to homes
NEW YORK (Reuters) – New York City has sued FedEx Corp, accusing it of illegally delivering millions of contraband cigarettes to people’s homes and seeking $52 million in fines and unpaid taxes.
Wall St. closes mostly flat, but Dow hits record
NEW YORK (Reuters) – Stocks closed mostly flat on Monday, with the Dow edging up to another record closing high and the S&P 500 index’s advance stalling in response to light trading volume and weaker-than-forecast housing data.
Special Report: Lost hooves, dead cattle before Merck halted Zilmax sales
WALLA WALLA COUNTY, WASHINGTON (Reuters) – The U.S. beef industry’s dependence on the muscle-building drug Zilmax began unraveling here, on a sweltering summer day, in the dusty cattle pens outside a Tyson Foods Inc slaughterhouse in southeastern Washi…
U.S. December auto sales seen up 4 percent
DETROIT (Reuters) – December U.S. auto sales, spurred by end-of-the-year bargains, likely rose about 4 percent from a year earlier, industry analysts said.
Reduced Fed support reflected in January bond-buying plan
NEW YORK (Reuters) – The Federal Reserve plans to purchase about $40 billion in longer-dated federal government debt in 18 operations next month, the New York Fed said on Monday, reflecting the U.S. central bank’s decision to trim its support for the e…
U.S. cracks open skies to testing, use of aerial drones
NEW YORK (Reuters) – The U.S. aviation regulator took a step toward opening the skies to aerial drones on Monday, authorizing six sites where unmanned aircraft can be tested for a variety of uses.
Cooper Tire terminates $2.5 billion sale to India’s Apollo
MUMBAI (Reuters) – U.S.-based Cooper Tire & Rubber Co said it was terminating a proposed $2.5 billion sale to Apollo Tyres Ltd , with both sides threatening legal action over a deal plagued by obstacles from the start.
Orange to take legal action after report of spying via its cable
PARIS (Reuters) – Orange is preparing its legal response to a report alleging the U.S. National Security Agency (NSA) accessed customers’ data transmitted by a submarine cable partly used by the French telecoms operator.
