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Top News & Analysis Seattle

  • PARIS, June 20- Boeing won an endorsement from United Airlines for the latest model of its best-selling 737 jet as it struck an upbeat tone on Tuesday, raising its 20- year industry demand forecast despite recent signs of a slowdown. A day after the launch of the 737 MAX 10 at the world's biggest air show in Paris, United said it would convert an order for 100 737 MAX...

  • PARIS, June 20- Boeing revised up its rolling 20- year industry forecast for passenger and freight planes by 4 percent on Tuesday, though signs at the world's biggest air show suggest a cooling of demand at the moment after years of red-hot growth. Leasing firm Aviation Capital Group, for example, said on Tuesday it had placed an order for 20 of the new 737 MAX 10 jets,...

  • PARIS, June 20- Boeing revised up its rolling 20- year industry forecast for passenger and freight planes by 4 percent on Tuesday, but shaved its projections for traffic growth on signs that recent rapid expansion in China and parts of Asia is starting to moderate. Air travel has been on a sharp uptrend, led by emerging economies as China looks set to replace North...

  • *London terrorist attack boosts bonds overnight. NEW YORK, June 19- U.S. Prices had firmed overnight on safety buying after a van hit worshippers near a London mosque, adding to concerns about rising attacks.

  • Largecap tech is expected to see a more than 3 percent weighting increase in Russell's growth index, a major benchmark for portfolio managers. At the other end of the spectrum, largecap healthcare and consumer discretionary are expected to see the biggest weighting bumps in Russell's value category according to Jefferies, with increases of 2.6 percent and...

  • Largecap tech is expected to see a more than 3 percent weighting increase in Russell's growth index, a major benchmark for portfolio managers. At the other end of the spectrum, largecap healthcare and consumer discretionary are expected to see the biggest weighting bumps in Russell's value category according to Jefferies, with increases of 2.6 percent and...

  • June 15- Amazon.com Inc's billionaire founder Jeff Bezos on Thursday turned to an unusual source of inspiration for how to donate part of his wealth: Twitter. His family has also given more than $40 million to Seattle's Fred Hutchinson Cancer Research Center, not far from Amazon's headquarters. Still, Bezos has yet to make charity a cornerstone of his work, like...

  • SAN FRANCISCO, June 14- A UPS driver opened fire with a handgun inside a United Parcel Service Inc delivery center in San Francisco on Wednesday, killing three co-workers before fatally shooting himself as police closed in, authorities and company officials said. Five other people suffered less serious injuries in a frantic exit from the building, San...

  • SAN FRANCISCO, June 14- A UPS driver opened fire with a handgun inside a United Parcel Service Inc delivery center in San Francisco on Wednesday, killing three co-workers before fatally shooting himself as police closed in, authorities and company officials said. Two other people were taken to an area hospital with gunshot wounds, and another five individuals...

  • SAN FRANCISCO, June 14- A UPS driver armed with a handgun opened fire at a United Parcel Service Inc package-sorting center in San Francisco on Wednesday, killing three people before fatally shooting himself as officers closed in. The victims, like the gunman, were also company drivers, said Steve Gaut, head of investor relations at UPS. Two other people were taken...

  • SAN FRANCISCO, June 14- A man dressed in a UPS uniform and armed with an "assault pistol" opened fire at a United Parcel Service Inc package sorting hub in San Francisco, killing three people before fatally shooting himself in the head, police said. Two other people were shot and have been taken to an area hospital, San Francisco police said. Any shooting is one shooting...

  • SAN FRANCISCO, June 14- A man dressed in a UPS uniform and armed with an "assault pistol" opened fire at a United Parcel Service Inc package sorting hub in San Francisco, killing three people before turning the gun on himself, police said. Police did not identify the suspect or say if he was a UPS employee. The shooter and the victims were all drivers, said Steve Gaut, head...

  • *Flannery to take over as CEO on Aug. 1, chairman on Dec. 31. The maker of jet engines, power plants, medical scanners and railroad locomotives on Monday named veteran insider John Flannery as its next CEO, taking over from longtime leader Jeff Immelt, who reshaped one of corporate America's icons to focus more on technology but failed to deliver profit growth fast...

  • *Flannery to take over as CEO on Aug. 1, chairman on Dec. 31. The maker of jet engines, power plants, medical scanners and railroad locomotives on Monday named veteran insider John Flannery as its next chief executive. He takes over from Jeff Immelt who will step aside Aug. 1 after 16 years as the head of the conglomerate he helped steer through the financial crisis but is...

  • *Flannery to take over as CEO on Aug. 1, chairman on Dec. 31. June 12- General Electric Co on Monday named veteran insider John Flannery as its next chief executive, taking over from Jeff Immelt who is stepping aside after 16 years as the head of the conglomerate he helped steer through the financial crisis but is now worth a third less than when he took over.

  • WASHINGTON, June 12- The U.S. Supreme Court on Monday ruled in favor of Microsoft Corp in its bid to fend off class action claims by Xbox 360 owners who said the popular videogame console gouges discs because of a design defect. The court, in a 8-0 ruling, overturned a 2015 decision by the San Francisco- based 9th U.S. Circuit Court of Appeals that allowed console owners...

  • WASHINGTON, June 12- The U.S. Supreme Court on Monday ruled in favor of Microsoft Corp in its bid to fend off class action claims by Xbox 360 owners who said the popular videogame console gouges discs because of a design defect. The court, in a 8-0 ruling, overturned a 2015 decision by the San Francisco- based 9th U.S. Circuit Court of Appeals that allowed console owners...

  • The court, in a 8-0 ruling, overturned a 2015 decision by the San Francisco- based 9th U.S. Circuit Court of Appeals that allowed console owners to appeal the dismissal of their class action lawsuit by a federal judge in Seattle in 2012..

  • HARRISBURG, Pa., June 10- About two dozen rallies were planned across the United States on Saturday to denounce sharia law, the Islamic legal and moral code that organizers say poses a threat to American freedoms but critics believe is camouflage for anti-Muslims hatred. ACT for America, a self-described grassroots organization focusing on national security...

  • WASHINGTON/ MONTREAL, June 9- The U.S. International Trade Commission on Friday gave a green light to the U.S. Commerce Department to begin preparing anti-dumping and anti-subsidy duties against new jets from Bombardier Inc, sending the Canadian planemaker's stock down as much as 8 percent. The case has fueled trade tensions between the United States and its...