BAE says no plans to challenge decision on F-35 helmet
WASHINGTON (Reuters) – Britain’s BAE Systems Plc said on Friday it had no plans to challenge a decision by the Pentagon to halt work on an alternate pilot helmet the company was developing for the Lockheed Martin Corp F-35 fighter jet.
AT&T limits new customers to data-share plans only
NEW YORK (Reuters) – New AT&T Inc customers will soon only be able to buy Mobile Share plans, which involve higher data fees, but allow subscribers to share data allowances among multiple devices.
Analysis: Boeing’s JAL loss may bring work back to the U.S
NEW YORK/TOKYO (Reuters) – Boeing Co’s loss of a major Japanese airplane order to rival Airbus this week may produce a surprise U.S. benefit – bringing aerospace work home to U.S. companies.
Exclusive: NY regulator presses European banks about hidden assets
NEW YORK (Reuters) – New York’s state banking regulator has stepped up pressure on four European banks, ordering them to hand over details of their transactions with a Jordanian bank and documents related to Turkey’s Uzan family, which owes billions of…
Sam’s Club bets new merchandise will make customers buy more
ROMEOVILLE, Illinois (Reuters) – Sam’s Club is trying to stand out against its larger, faster-growing rival Costco Wholesale Corp with trendier holiday merchandise this year, hoping that new goods will spur its members to spend more.
Wall Street ends up on hopes of debt solution in Washington
NEW YORK (Reuters) – U.S. stocks rose on Friday, extending gains from a major rally in the previous session, as investors were hopeful for a solution to end the partial U.S. government shutdown and raise the U.S. borrowing limit to avoid a possible def…
JPMorgan posts first loss since 2004, a blow to Dimon
(Reuters) – Jamie Dimon, JPMorgan Chase & Co Inc’s hard-charging chief executive, looked a bit more vulnerable on Friday after the bank took a $7.2 billion hit from litigation expenses and posted its first quarterly loss since 2004.
Fed defends ongoing stimulus, admits communications blips
WASHINGTON/NEW YORK (Reuters) – Top Federal Reserve officials said on Friday their decision not to reduce the pace of stimulus was wise given the crippling U.S. government shutdown, while admitting some recent troubles in getting their policy message a…
Cadillac plug-in set for January debut, in more direct battle with Tesla
DETROIT (Reuters) – General Motors Co will go head to head with electric car maker Tesla Motors Inc starting in January, when a plug-in version of its luxury Cadillac brand will go on sale.
Wall Street Week Ahead: Debt-ceiling battle may overshadow earnings
NEW YORK (Reuters) – U.S. stock investors, hoping to leave politics aside to focus on fundamentals, aren’t going to get their wish yet as lawmakers battle over raising the debt ceiling.
