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Boeing imposes overtime pay limits for 80,000 workers

Edit Business Journal 15 Sep 2016
Boeing is clamping down on overtime pay for 80,000 of its workers in the United States, beginning in mid-October, to cut costs as jet sales slow ... employees on Wednesday, Boeing communications director Chaz Bicker said, even as chief executive Dennis Muilenburg was in California telling investors at a conference that "on balance, the aerospace marketplace is looking solid and growing." Boeing will limit paid overtime for… ... ....

Entry of Boeing training jet could complicate Scorpion sales

Edit The Wichita Eagle 15 Sep 2016
Boeing this week unveiled a new trainer and light attack aircraft that could compete with Textron AirLand’s Wichita-built Scorpion. Boeing and its Swedish partner, Saab, unveiled their two-seat, single-engine supersonic ... ....

Bank of England set to stick with rate cut signal despite Brexit bounce

Edit Yahoo Daily News 15 Sep 2016
By William Schomberg ... The BoE's nine rate-setters probably voted unanimously at their September meeting to keep Bank Rate at 0.25 percent, the lowest level in the BoE's 322-year history, according to a Reuters poll of economists ... When the BoE stepped in with a stimulus push on Aug ... That would be slightly less severe than the 0.1 percent crawl that the BoE had expected but half the pace of growth in the April-June period ... 3....

Your Next Trans-Atlantic Trip May Be on Boeing’s Diminutive 737

Edit Bloomberg 15 Sep 2016
The smallest aircraft made by Boeing Co ... and Portugal’s TAP are among airlines buying the jets for trans-Atlantic routes, with NAS set to lead the way when it becomes one of the first carriers to get Boeing’s Max 8 next year ... Boeing’s 757, the world’s longest single-aisle jetliner with around 200 seats and a range in excess of 4,000 miles, has ......

UPDATE 1-Boeing to curb overtime for U.S. salaried workers to reduce costs

Edit Reuters 15 Sep 2016
NEW YORK, Sept 14 (Reuters) - Boeing Co said on Wednesday it is curbing use of overtime by 80,000 salaried workers based in the United States, part of a company-wide effort to reduce costs. ....

UPDATE 2-Boeing to curb overtime for U.S. salaried workers to reduce costs

Edit Reuters 15 Sep 2016
NEW YORK, Sept 14 (Reuters) - Boeing Co said on Wednesday it is curbing use of paid overtime by 80,000 salaried workers based in the United States, part of a company-wide effort to reduce costs to deal with intense competition. ....

Fed Jitters And Oil Pull Dow 32 Points Lower; Apple Rallies

Edit NDTV 15 Sep 2016
After spending much of the day with gains, the Dow Jones industrial average ended down 0.18 percent at 18,034.77 points and the S&P; 500 gave up 0.06 percent to 2,125.77. The Nasdaq Composite added... ....

Eight important triggers that changed your market while you were sleeping

Edit The Times of India 15 Sep 2016
Good morning, Dear Reader! ... Sebi's regulatory lens over Yes Bank's QIP issue is also likely to do some damage to market sentiment ... If it does, it will bolster the rupee ... Will BoE keep its word this time around? Looks like it would ... The BoE's nine rate-setters probably voted unanimously at their September meeting to keep Bank Rate at 0.25 per cent, the lowest level in the BoE's 322-year history, according to a Reuters poll of economists ... ....

Asian stocks waver as policy uncertainty, weaker oil sap confidence

Edit Yahoo Daily News 15 Sep 2016
"Having just increased stimulus in August, the BoE won't be eager to add bond purchases or cut interest rates again," wrote Kathy Lien, managing director of FX Strategy at BK Asset Management. "Recent data shows how their efforts have paid off so while the BoE will leave the door open to additional stimulus, they should note the improvements in the economy and signal to the market that they are in wait and see mode." ... The 10-year U.S....

Sep 14, 2016 Mission Viejo Means Business Newsletter - September 2016 Second Edition (City of Mission Viejo, CA)

Edit Public Technologies 15 Sep 2016
(Source ... 17 ... Small Business Ad- ministration (SBA), SCORE, Employment Development Department (EDD), Internal Revenue Service (IRS), OC Small Business Development Center (OC SBDC) and California Board of Equalization (BOE) ... "Recordkeeping for Small Business and Self Employed In- dividuals" (IRS/BOE) Wednesday, September 21 from 1.30 ... Register for this free workshop at http.// www.boe.ca.gov/sutax/sbf.htm or call 888-847-9652....

Resident, 77, goes on fatal shooting spree at senior citizens' complex

Edit The Guardian 15 Sep 2016
Larry Rosenberg, 77, shot three people, killing one of them, at apartments in Wyoming before fleeing and then taking his own life as police closed in. A 77-year-old man shot three people at a senior citizens’ apartment complex where he lived, killing one before taking his own life as officers closed in, police said ... ....

The Latest: Acquaintance says elderly shooter was distant

Edit The Roanoke Times 15 Sep 2016
CHEYENNE, Wyo. (AP) — The Latest on a shooting that led to the deaths of two people at a senior citizens apartment complex (all times local). ... A woman who knew him says the 77-year-old man who shot three people Wednesday at a senior citizen apartment complex had grown distant recently ... Dan Long, spokesman for the Cheyenne Police Department, identifies the deceased gunman as Larry Rosenberg, 77, a resident of the apartment complex ... ___ ... ....

Pound as Brexit Safety Valve Can’t Save U.K. Economy on Its Own

Edit Bloomberg 15 Sep 2016
The pound can only go so far in propping up the U.K. economy as Brexit looms ... And that may be another stumbling block ... Brexit hasn’t even happened yet. The malaise that’s likely to set in is going to be a slow drag.”BOE Meets ... BOE Governor Mark Carney predicted last month that the pound’s drop thus far would, during the next three years, the current-account shortfall, which reached 6.9 percent of output in the first quarter ... ....
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