Raytheon to get $3 billion missile contract: Pentagon
(Reuters) – Raytheon Co will be awarded a $3 billion contract to supply missile systems to the U.S. Defense Department, the agency said on Thursday.
UnitedHealth sees Medicare payment shortfall, shares drop
(Reuters) – UnitedHealth Group Inc on Thursday predicted a tough year in 2014 because of government funding cuts to its private Medicare business, dragging down its shares and those of its competitors.
U.S. jobless claims fall, mid-Atlantic manufacturing expands
WASHINGTON/NEW YORK (Reuters) – U.S. jobless claims fell last week and mid-Atlantic factory activity kept growing in October, but a just-ended government shutdown as well as computer issues affecting the claims report impeded the data’s value as signpo…
New details of alleged Barclays rate-fixing emerge in court case
LONDON (Reuters) – Barclays employees manipulated Libor benchmark interest rates to benefit one of the British lender’s sterling investment funds between 2006 and 2010, according to evidence disclosed in court filings by a company that is suing the ban…
Boeing says still engaged with South Korea about F-15 sale
OTTAWA (Reuters) – Boeing Co is still very much engaged with South Korea over the possible sale of F-15 fighter jets, despite the Seoul government’s move last month to restart a multibillion-dollar tender process, a senior Boeing executive told Reuters…
GM’s global sales rise 4.6 percent in first nine months
DETROIT (Reuters) – General Motors Co’s global sales rose 4.6 percent in the first nine months of the year as strong third-quarter demand in the United States and China helped offset declines in Europe and South America, the company said on Thursday.
Lagardere to part with 10 magazines, 350 jobs hit
PARIS (Reuters) – Media group Lagardere said it planned to sell 10 magazine titles to focus on growing its most strategic brands online, such as the French edition of “Elle”, in a restructuring that threatens hundreds of jobs.
Verizon third quarter earnings, revenue beat Wall Street estimates
NEW YORK (Reuters) – Verizon Communications Inc on Thursday posted stronger- than-expected third-quarter earnings and revenue driven by wireless growth, sending its shares up nearly 4 percent.
Fed’s Fisher warns of potential U.S. housing bubble, MBS buys
NEW YORK (Reuters) – A top Federal Reserve official said on Thursday he is seeing fresh signs of a U.S. “housing bubble” and warned about the central bank’s ongoing purchases of mortgage-based bonds.
India to finalize Rafale deal this fiscal year: air force official
NEW DELHI (Reuters) – India will finalize a $15 billion deal to buy 126 Rafale fighter jets from France’s Dassault Aviation by March 2014, an Indian air force official said on Thursday, after the deal had been held up by differences over local manufact…
