Bombardier says no longer in talks with Airbus

[Buzz_Burner_Fresh_Updates] Bombardier says no longer in talks with Airbus – reuters.com WASHINGTON (Reuters) – Canada’s Bombardier Inc on Tuesday said it had held talks with European planemaker Airbus about “certain business opportunities,” but those discussions were no longer under way. Continue Reading On reuters.com »  

Volkswagen braces for hit to business from emissions scandal + MORE

[Buzz_Burner_Fresh_Updates] Volkswagen braces for hit to business from emissions scandal – reuters.com BERLIN (Reuters) – Volkswagen has imposed a hiring freeze at its financing business and cut a shift at a German engine factory as it braces for a hit to business from cheating in diesel emissions tests. Continue Reading On reuters.com » Exclusive: Bombardier […]

Exclusive: Bombardier seeking investors for all business units – sources

[Buzz_Burner_Fresh_Updates] Exclusive: Bombardier seeking investors for all business units – sources – reuters.com WASHINGTON/NEW YORK/TORONTO (Reuters) – Canada’s Bombardier Inc is exploring the sale of a stake in any of its business areas, not just its rail unit, to ensure it can finish development of its delayed CSeries jet, according to four sources familiar with […]

Income from Irish bank bailout swallowed up by debt costs + MORE

[Buzz_Burner_Fresh_Updates] Income from Irish bank bailout swallowed up by debt costs – reuters.com DUBLIN, Sept 29 (Reuters) – The income Ireland has generated from investing 67 billion euros ($75 billion) in its financial sector at the height of the banking crisis has been almost completely offset by servicing the associated debt, the state’s auditor said […]

U.S. says no settlement offer from Electrolux in GE appliance deal fight

[Buzz_Burner_Fresh_Updates] U.S. says no settlement offer from Electrolux in GE appliance deal fight – reuters.com WASHINGTON (Reuters) – The U.S. Department of Justice, which is suing to stop Sweden’s AB Electrolux from buying General Electric Co’s appliance business, said on Tuesday that it had received no settlement offer from the companies that might allow the […]

U.S. Small Business Confidence Rises Slightly in August + MORE

[Buzz_Burner_Fresh_Updates] Hong Kong billionaire Li Ka-shing combines power, infrastructure businesses – foxbusiness.com Hong Kong billionaire Li Ka-shing is combining his infrastructure and power utility companies in the latest reshuffle of his business empire to pursue more global investment opportunities. Continue Reading On foxbusiness.com » Small-business Sentiment Edged Higher In August, NFIB Says – foxbusiness.com A […]

U.S. gives antitrust approval to Nikkei's purchase of Financial Times

[Buzz_Burner_Fresh_Updates] U.S. gives antitrust approval to Nikkei's purchase of Financial Times – reuters.com WASHINGTON, Sept 2 (Reuters) – Japan’s Nikkei media group won U.S. antitrust approval for its $1.3 billion purchase of the Financial Times from Britain’s Pearson PLC, the Federal Trade Commission said on Wednesday. Continue Reading On reuters.com »  

Core capital goods orders post largest rise in year

[Buzz_Burner_Fresh_Updates] Core capital goods orders post largest rise in year – reuters.com WASHINGTON (Reuters) – A gauge of U.S. business investment plans posted its largest increase in just over a year in July, underscoring the durability of the economic recovery despite a slowing global economy. Continue Reading On reuters.com »  

Exclusive: Boeing eyes 'several hundred' layoffs in satellite division

[Buzz_Burner_Fresh_Updates] Exclusive: Boeing eyes 'several hundred' layoffs in satellite division – reuters.com WASHINGTON (Reuters) – Boeing Co on Monday told its workers that it expected to cut as many as “several hundred” jobs in its satellite business through the end of 2015 due to a downturn in U.S. military spending and delays in commercial satellite […]