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Frank Lavin, Chairman & CEO, Export Now and Former U.S. Ambassador to Singapore explains why currency devaluation will have limited benefits for Japan, which still needs to work through micro-economic issues.
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The FAA, which oversees the nation's air-traffic system, said it would keep funding the towers until June 15 in order to resolve legal challenges brought by airports. The FAA must trim roughly 10 percent of its budget by the end of the Sept. 30 fiscal year.
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NEW YORK, April 5- With a successful flight on Friday, Boeing's 787 Dreamliner completed tests aimed at proving that a revamped safety system can prevent the jet's lithium-ion batteries from catching fire or overheating.
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NEW YORK-- Shares of F5 Networks Inc. tumbled before Friday's opening bell after the company cut its outlook for the January-March quarter, citing disappointing results from its North American business. Citi analyst Kevin Dennean also cut his rating for F5 to "Neutral" from "Buy" and reduced his price target by $45 to $80.
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NEW YORK-- Shares of a variety of networking equipment and other information technology companies took a hit Friday after F5 Networks Inc. cut its outlook for the January-March quarter, citing disappointing results from its North American business.
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April 4- The U.S. government on Thursday recommended the removal of four hydroelectric dams on the Klamath River in Oregon and California to aid native salmon runs and help resolve a decades-long struggle over allocation of scarce water resources.
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NEW YORK-- F5 Networks Inc. said Thursday that its second-quarter net income and revenue will fall short of its expectations, primarily because of disappointing results from its North American business. The Seattle company's stock tumbled $13.77, or 15.2 percent, to $76.65 in after-hours trading.
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MADRID, April 3- International Airlines Group said on Wednesday it had firmed up orders for 18 of Boeing's 787 Dreamliners, a show of confidence in the jet that has been grounded since January because of battery problems.
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WASHINGTON, April 3- A shortage of properties could take some edge off U.S. home sales during the spring selling season, but the housing market recovery should remain intact.
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NEW YORK-- Tableau Software Inc. late Tuesday made public its filing for an initial public offering of stock that could raise up to $150 million. The Seattle- based software company said in its Securities and Exchange Commission filing that the exact number of shares to be sold and their estimated price range have yet to be determined.
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LANSING, Mich.-- Some Michigan Republicans are pushing to ban local governments from requiring employers to provide paid sick leave as cities in other states move to enact such mandates.
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YAKIMA, Wash.-- Underground tanks that hold a stew of toxic, radioactive waste at the nation's most contaminated nuclear site pose a possible risk of explosion, a nuclear safety board said in advance of confirmation hearings for the next leader of the Energy Department.
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Florida tops the list of zombie properties with 90,556 vacant homes in foreclosure, according to a foreclosure inventory released on Thursday by RealtyTrac, a real estate information company in Irvine, California. Illinois and California ranked a distant second and third with 31,668 and 28,821 zombie properties respectively on the list.
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A group of at least six beavers at a Utah bird refuge have emerged as key players in helping contain a fuel leak that left half of them with severe burns. The Chevron Corp. fuel spill leaked about 27,000 gallons of crude oil into soil and marshes at Willard Bay State Park last week after a split in a Salt Lake City- to- Spokane, Wash. pipeline.
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Clearwire has received buyout offers from both Sprint and satellite TV provider Dish Network Corp. In December it agreed to a deal with Sprint Nextel Corp. that offered $2.2 billion for the 49 percent of Clearwire that Sprint doesn't already own.
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SEATTLE, March 27- A landslide thundered through a subdivision in Washington state's Whidbey Island north of Seattle on Wednesday, destroying one home and threatening more than 30 others, a fire official said.
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SEATTLE-- HomeStreet Inc. said Wednesday that it has been freed from the last of its regulatory sanctions. Late last year, the Federal Deposit Insurance Corp. and the Washington Department of Financial Institutions lifted a so-called memorandum of understanding against the company's HomeStreet Bank.
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Losing extended operations, or ETOPS, would deal a blow to Boeing and its airline customers by limiting use of the fuel-saving jet, designed to lower costs on long-distance routes that don't require the capacity of the larger Boeing 777. Such a loss could even lead to cancellation of some routes.
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Losing extended operations, or ETOPS, would deal a blow to Boeing and its airline customers by limiting use of the fuel-saving jet, designed to lower costs on long-distance routes that don't require the capacity of the larger Boeing 777. Such a loss could even lead to cancellation of some routes.
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March 26- Warren Buffett has given up his chance to become Goldman Sachs Group Inc's largest shareholder no additional cost to his Berkshire Hathaway Inc. Buffett received the warrants as part of a 2008 deal during the depths of the financial crisis, when his investment in Goldman was seen as a vote of confidence in the firm.
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Under that deal, Berkshire had the right to buy about 43.5 million Goldman shares- or a roughly 9 percent stake- at an exercise price of $115 per share, for $5 billion in total.