Boeing said on Thursday it will end pension plans for 68,000 non-union employees, including its chief executive.» Read More
SAN FRANCISCO, Feb 13- A U.S. appeals court on Thursday revived a shareholder lawsuit against BP PLC over statements the company made in the wake of a 2006 oil spill in Alaska. The ruling from the 9th U.S. Circuit Court of Appeals in San Francisco allows shareholders to proceed with some securities fraud claims against BP after a lower judge had dismissed them.
WASHINGTON, Feb 13- Forty-two U.S. representatives and senators have announced plans to leave their seats in Congress in advance of mid-term elections in November, including 24 Republicans and 18 Democrats. The latest to announce his departure was Representative Doc Hastings, a 10- term Republican from Washington state.
In particular, the massive hydroelectric dams along the Columbia River and its tributaries in Washington, Oregon, Montana and Idaho are crucial suppliers of electricity to California via high-voltage transmission lines, known as paths.
DETROIT, Feb 8- General Motors Co is boosting discounts on full-size pickup trucks by thousands of dollars to keep pace with competitors and to whittle down bulging inventories on dealers' lots.
Republicans and conservatives have concluded that they had fallen dangerously behind Democrats in the realm of technology. NYT reports.
HOUSTON, Feb 6- Independent oil refiner Tesoro Corp is replacing older railcars in its crude-by-rail fleet with ones that have the latest safety designs, Chief Executive Officer Greg Goff told analysts on Thursday.
SAN FRANCISCO, Feb 6- San Franciscans have long blamed the technology sector for rising rents. Now, a study from real-estate company Trulia backs them up. Rents are rising faster in U.S. tech hubs than in the rest of the country, Trulia said in a report released Thursday.
But he said it is a "fair criticism" that Boeing needs to do more to help suppliers on engineering and process improvement that will provide better prices. He said about one-third of Boeing's suppliers are involved in the company's "partnering for success" program, under which they work together to reduce costs and share the benefits.
Families looking to move to a state where marijuana use is legal may find that hunting for a 420-friendly home is no easy feat.
SEATTLE, Feb 4- Alaska Airlines is determined to remain independent and its financial results are crucial to staving off a takeover, the head of the airline said on Tuesday. "The best defense is performance," Brad Tilden, chief executive officer of Alaska Air Group, told an aerospace conference.
SAN FRANCISCO, Feb 4- Satya Nadella's elevation to CEO and co-founder Bill Gates' decision to relinquish his chairmanship at Microsoft Corp marks a changing of the guard at a 39- year-old company that fueled the PC revolution but is now struggling to establish its long-term identity.
Beverly Wyse, manger of Boeing's 737 program manager, told reporters the factory plans to step up production to 42 per month in the second quarter and may go to 52 per month in 2018 or 2019, but that the company was still studying the possibility.
*Only third CEO in Microsoft's 39- year history. *Gates says will spend 1/ 3 of his time on Microsoft.
*Only third CEO in Microsoft's 39- year history. SEATTLE, Feb 4- Microsoft Corp named 22- year company veteran Satya Nadella as its next chief executive officer on Tuesday and said co-founder Bill Gates would step down as chairman and advise the new CEO on technology, marking an epochal change of control at the company that drove the PC revolution.
SEATTLE, Feb 4- Boeing Co said on Tuesday it sees no bubble in the market for 737 jetliners and that production could go to 60 a month at the current factory in Renton, Washington, though it was not clear it would go that high.
CHICAGO, Feb 3- For investors concerned about increasing market volatility, a defensive position might be a savvy move if stocks continue to retreat from 2013 highs. You can do that with a "lazy portfolio": Simply buy and hold passive investments and rebalance then annually.
Feb 2- Canadian diversified miner Teck Resources Ltd is investigating another spill at its Trail smelting complex in British Columbia, but said on Sunday it does not expect the incident to have a long-term impact on fish or the environment. The sewer leads to a treatment plant that discharges into the Columbia River.
Jan 31- Paccar Inc reported a higher profit on Friday as the maker of commercial trucks and engines benefited from a big jump in demand in Europe, where customers rushed to purchase new vehicles ahead of the implementation of strict new emission rules.
Jan 31- Paccar Inc reported a higher quarterly profit on Friday as the maker of commercial trucks and engines benefited from recovering demand in Europe. But analysts had hoped Paccar would raise its outlook for industry sales and disappointment over its failure to do so sent its shares lower in early trading on the Nasdaq.
Jan 30- A U.S. safety agency blamed Tesoro Corp. for an explosion at a refinery in Washington state that killed seven workers in 2010, saying in a draft report released on Thursday that the company had failed to identify the damage hydrogen was causing to steel components.