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Boeing is putting a $30bn deal to the test

Heads, Boeing Co. wins. Tails, aerospace suppliers lose. The planemaker recently announced the latest step in its push to grab more of its suppliers’ rich profit margins for itself. Boeing will partner with Safran SA to develop and service auxiliary power units, which are used to start the main engine and provide power to aircraft while on the ground. If ...

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Facebook never learns from its own mistakes

The worst thing about the latest revelation involving Facebook Inc. and its questionable stewardship of people’s personal information is that the company has again shown that it never learns from its own mistakes. In an article published late on Sunday, the New York Times reported that dozens of hardware companies such as BlackBerry Ltd. and Apple Inc. had far more ...

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Trade hopes sustain risk-on mood; ECB sinks bonds

Bloomberg Trade hopes and the end of easy money were the twin themes in trading on Wednesday, with stocks extending gains and bonds falling as this week’s risk-on mood endured. US equity futures climbed following advances across Asia on signs that major economies will step back from the brink of a trade war. More than half of companies in the ...

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