Boeing Dreamliner catches fire at Britain’s Heathrow airport
LONDON (Reuters) – A Boeing 787 Dreamliner operated by Ethiopian Airlines caught fire at Britain’s Heathrow airport on Friday in a fresh blow for the U.S. planemaker which earlier this year was forced to ground the new planes for three months because o…
Microsoft pushes U.S. Customs to enforce phone import ban
WASHINGTON (Reuters) – Microsoft Corp, which won a ban last year on importing some phones made by a Google Inc subsidiary, filed a motion in a U.S. court on Friday asking the U.S. Bureau of Customs and Border Protection to enforce the measure.
Wall St. rises on banks’ results; S&P’s best week since January
NEW YORK (Reuters) – Stocks advanced on Friday, supported by banks’ strong earnings, but Boeing limited the Dow’s gain after an airplane fire in London.
Morgan Stanley commodities marketing head departs
NEW YORK (Reuters) – Morgan Stanley’s global head of commodities marketing, Boris Shrayer, has left the bank, a source familiar with the matter told Reuters on Friday.
Boeing suppliers fall marginally on Dreamliner fire
(Reuters) – Shares of several Boeing Co suppliers recovered from sharp losses on Friday afternoon as there was little to suggest a link between a fire aboard a 787 Dreamliner aircraft in London and recent battery mishaps that grounded the planes.
Japanese carriers keep their 787s aloft as they assess Heathrow fire
TOKYO (Reuters) – Japanese carriers, ANA Holdings and Japan Airlines Co. said Saturday that they will fly their Boeing Co 787 jets as normal as they gather information from the U.S. planemaker on the cause of a fire on one of the carbon composite at Br…
BofA rejects ex-workers’ claims on how it treats troubled homeowners
(Reuters) – Bank of America Corp rejected allegations that greed and bad faith drove the bank and its workers to push distressed homeowners into foreclosure, rather than help them obtain loan modifications to which they were entitled.
Polish airline says LOT to continue flying Dreamliners
WARSAW (Reuters) – Polish flag carrier LOT said on Friday it would continue to operate its four Boeing 787 Dreamliners after a Dreamliner operated by Ethiopian Airlines caught fire at Britain’s Heathrow.
Danish funds sue banks in U.S. for blocking CDS exchange-trading
NEW YORK (Reuters) – Four Danish pension funds have filed a lawsuit against twelve large banks, accusing them of increasing costs for investors trading in the $27 trillion credit default swap (CDS) market by stopping exchanges from entering the market….
US Airways shareholders approve merger with American
(Reuters) – US Airways Group Inc shareholders approved the carrier’s plan to merge with AMR Corp’s American Airlines, clearing another hurdle to the deal that would create the world’s largest carrier.
