Finance Latest News: Boeing Scores Over $10 Billion in U.S. Aircraft Orders
Boeing scores over $10 billion in U.S. aircraft orders
Boeing Co has won two multibillion dollar U.S. orders for its Chinook helicopters and the V-22 Osprey it builds with Bell Helicopter, sharply expanding the company’s backlog at a time when overall U.S. defense spending is starting to decline.
GM Stock Sale Brings Government $3.2B This Year
The U.S. government has sold $3.2 billion worth of General Motors stock so far this year. The Treasury Department says in its monthly report to Congress that it sold $611.4 million worth of stock in May.
Amazon’s LOVEFiLM Pulls Its Subscription DVD And Streaming Service Out Of Scandinavia
Last summer it seemed like the subscription video segment in Scandinavia was heating up, as both Netflix and HBO announced plans to make their services available in that market. Now, less than a year later, Amazon has confirmed that it’s LOVEFiLM service is pulling out of the region.