Washington state lawmakers pass tax breaks, aiming to win Boeing work
OLYMPIA, Washington (Reuters) – The Washington state legislature on Saturday passed a measure to extend nearly $9 billion in tax breaks for Boeing through 2040 in an embattled effort to entice the company to locate production of its newest jet, the 777…
Washington state Senate passes tax breaks, aiming to win Boeing work
OLYMPIA, Washington (Reuters) – The Washington state Senate on Saturday passed a measure to extend nearly $9 billion in tax breaks for Boeing through 2040 in an embattled effort to entice the company to locate production of its newest jet, the 777X, in…
U.S. seeks $864 million from Bank of America after fraud verdict
NEW YORK (Reuters) – The U.S. government urged that Bank of America Corp pay $863.6 million in damages after a federal jury found it liable for fraud over defective mortgages sold by its Countrywide unit.
Air India Dreamliners to get software upgrade starting Dec
NEW DELHI (Reuters) – Air India Ltd plans to upgrade the software in all its 10 Boeing 787 Dreamliner jets from December, saying that the process will not lead to the planes being grounded for long.
Deutsche Bank CEO says new rules crimp ability to provide loans
FRANKFURT (Reuters) – German companies need to diversify their funding as the implementation of new bank safety rules makes it harder for banks to provide loans, Deutsche Bank co-Chief Executive Juergen Fitschen told Germany’s Boersen Zeitung.
Twitter IPO sparks speculation on who could follow
SAN FRANCISCO (Reuters) – For technology executives weighing market flotations for Silicon Valley startups, this week’s gangbusters Twitter Inc initial public offering sent a powerful signal: full speed ahead.
Analysis: Twitter gives NYSE momentum in IPO battle versus Nasdaq
NEW YORK (Reuters) – Twitter Inc’s successful debut on the New York Stock Exchange could help the Big Board win a title it has never held before: the No.1 U.S. listing venue for technology companies.
Exclusive: German parties reach deal on banking union – sources
BERLIN (Reuters) – Angela Merkel’s conservatives and the Social Democrats (SPD) have struck a deal on the contours of a European banking union under which a body attached to the Ecofin council – not the European Commission – would decide when to close …
Hon Hai mulls Arizona investment, says not connected to Apple
TAIPEI (Reuters) – Hon Hai Precision Industry , the major maker of Apple Inc products, said on Saturday it was considering building a plant in Arizona to make large panels and large-panel TVs to tap the massive U.S. market.
China inflation hits eight-month high amid tightening fear
BEIJING (Reuters) – China’s annual inflation climbed to an eight-month high of 3.2 percent in October as food costs soared, fanning market worries about policy tightening as factory output and investment data pointed to signs of stabilization in the ec…
