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Boeing secures order for 30 new-generation 737 jets from leasing agent
LE BOURGET, France – Boeing Co. says it is selling 30 of its new generation 737-MAX 8 jets, extending the popularity of the fuel-efficient short-haul aircraft at the Paris Air Show. The 737-MAX 8 planes have a list price of $100.5 million, although most customers negotiate steep discounts. Aircraft leasing company CIT Aerospace, which placed
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NSA director defends sweeping surveillance program, says plot against Wall Street thwarted
WASHINGTON – The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing on intelligence led by lawmakers sympathetic to the spying. The House Intelligence Committee hearing provided
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Netflix to expand to Netherlands, its 41st country, later this year.
LOS GATOS, Calif. – Netflix is going Dutch. The online video giant says it will expand into the Netherlands, its 41st country, later this year. Subscribers will be able to stream Hollywood fare, local TV series and Netflix originals like “House of Cards” and “Arrested Development” on TVs, game consoles, computers and mobile devices. Netflix
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DreamWorks says Netflix deal will help TV revenue double to $200 million by 2015
LOS ANGELES, Calif. – DreamWorks Animation SKG Inc. says its new deal to provide original TV shows to Netflix will help it double the revenue it gets from TV shows to $200 million by 2015. DreamWorks expects $100 million in TV revenue this year. The Glendale, Calif., company released the figures in a call with
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Business Highlights
___ NSA director says plot against Wall Street foiled WASHINGTON (AP) — The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing on intelligence — a set-piece
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Stocks rise as market hopes for more support from the Federal Reserve; home building improves
NEW YORK, N.Y. – The stock market is closing higher as investors anticipate that the Federal Reserve will keep programs to support the U.S. economy in place. The Dow Jones industrial average rose 138 points, or 0.9 per cent, to 15,318 Tuesday. The Standard & Poor’s 500 rose 12 points, or 0.8 per cent, to
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RBC analyst says BlackBerry should be profitable this fiscal year
TORONTO – A stronger vote of confidence for BlackBerry’s future from analysts at RBC Capital Markets helped the smartphone company’s stock rise nearly four per cent on Tuesday. The bank raised expectations for shipments of new BlackBerry 10 devices and said the Waterloo, Ont.-based firm should be profitable this fiscal year, after recent quarterly losses.
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Assisted by basketball, ABC wins prime-time ratings week; NBC takes runner-up slot
NEW YORK, N.Y. – Basketball and talent shows commanded TV viewers’ attention last week. Three nights of NBA finals with Miami facing San Antonio were the top programs in prime time. They helped ABC, the network that aired them, to win the week overall, according to the Nielsen Co. Sunday’s game was the week’s most-watched
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Cenovus to triple amount of crude moved by rail by end of next year
CALGARY – Cenovus Energy Inc. is looking to triple the amount of crude it ships by rail between the end of this year and next. The Calgary-based oil company (TSX:CVE) is expecting to finish 2014 by moving 30,000 barrels by rail — up from the 10,000 it’s anticipating by the end of 2013. As part
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Chrysler recall avoids showdown with government over Jeep models for fire risk
DETROIT – Chrysler avoided a showdown with government safety regulators Tuesday, agreeing to recall 2.7 million older Jeep Grand Cherokee and Liberty SUVs that could be at risk of a fuel tank fire. Earlier this month the company defiantly refused the government’s request to recall the Jeeps. But Chrysler now says it will go ahead