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Boeing to Layoff Workers at North Charleston Plant

Boeing to Layoff Workers at North Charleston Plant

Boeing Co. (NYSE: BA) announced that the North Charleston plant will be cutting its workforce. The airplane manufacturer be cutting “fewer than 200 people” at the 787 Dreamliner campus and other facilities in the city, according to ..

Oil Down, Stock Market Dips

Oil Down, Stock Market Dips

With oil prices sliding, the Standard & Poor 500 index closed with a 0.1 percent or 1.42 points loss at 2,435.61 on June 21 due to losses made by the energy sector. Eight of 11 principal sectors went into negative territory. A surge in the biote..

Staples Surges on $6 billion Buyout Report

Staples Surges on $6 billion Buyout Report

Shares of Staples, Inc. (NASDAQ: SPLS) surged on Thursday after Reuters reported that Private equity firm Sycamore Partners is in talks to acquire the U.S. office supplies retailer.According to Reuters’ report, the New York-based pri..

Good Period Ahead For Airlines

Good Period Ahead For Airlines

The market seems to be upbeat about the airlines segment and this is showing in the stock prices of major players in this sector. All the four top airlines have recorded some heartening improvements in stock prices in the recent times. The benefits ..

Toshiba Picks the Preferred Bidder for its Chip Business

Toshiba Picks the Preferred Bidder for its Chip Business

On Wednesday, Toshiba Corp. named a preferred bidder for its chip business. The members of the Japanese consortium include the Innovation Network Corporation, a state-backed investment fund, as well as the American buyout firm Bain Capital and the D..

Boeing Wins Endorsement from United Continental

Boeing Wins Endorsement from United Continental

Boeing Co (NYSE: BA) won an endorsement from United Continental Holdings Inc. (NYSE: UAL) for their latest model of the very popular 737 jet. The endorsement raised the previous 20 year industry demand forecast despite recent sig..

Amazon to Buy Whole Foods Market for $13.7 Billion

Amazon to Buy Whole Foods Market for $13.7 Billion

Amazon.com Inc. (NASDAQ: AMZN) on Friday announced to buy Whole Foods Market Inc. (NASDAQ: WFM) for $13.7 billion, including debt, a move that will help Amazon expand its online grocery business as well as the brick-and-mortar retail grocery market...