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Monday, March 3, 2014

Business Today: Stock futures tumble on threat of war in Ukraine

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03/3/2014
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Stock futures tumble on threat of war in Ukraine
NEW YORK (Reuters) - U.S. stock index futures tumbled on Monday, alongside other risk assets, as Ukraine and Russia mobilized for war with Russian President Vladimir Putin declaring he had the right to invade his neighbor.
U.S. consumer spending rises in January
WASHINGTON (Reuters) - U.S. consumer spending rose more than expected in January, likely as chilly weather boosted demand for heating.
Global stocks hit by Ukraine war threat, gold, oil jump
LONDON (Reuters) - The rising threat of war between Ukraine and Russia sent investors scurrying for relative safety on Monday, pushing stocks down sharply - the Moscow market fell 11.5 percent - and lifting gold to a four-month high.
Investor Fairholme wants governance actions at Fannie, Freddie
(Reuters) - Fairholme Capital Management has sent letters to the boards of U.S. government-controlled Fannie Mae and Freddie Mac seeking corporate governance actions, in a push to let investors have a bigger say in how the companies are run.
Citigroup says U.S. probing its anti-money laundering controls
(Reuters) - A federal grand jury is probing Citigroup Inc, including its Banamex USA affiliate, over compliance with the U.S. Bank Secrecy Act and anti-money laundering requirements, the company said in an annual filing on Monday with the U.S. Securities and Exchange Commission.
FedEx unit to raise shipping rates
(Reuters) - FedEx Corp , the world's No. 2 package delivery company, said its freight unit would raise shipping rates by an average 3.9 percent, effective March 31.
As Boeing, Airbus factories hum, suppliers get rattled
NEW YORK (Reuters) - The world's largest plane makers are soaring these days, fueled by historic demand for new jets that has cranked up their factories to record speeds.
FAA seeks new safety measures for Boeing 737 planes: report
(Reuters) - U.S. aviation regulators on Monday plan to propose improving cockpit automation to help prevent pilot errors that have caused fatal airline crashes, according to a media report.
Julius Baer curbed CEO pay after shareholder disapproval in 2012
ZURICH (Reuters) - Julius Baer paid Chief Executive Boris Collardi 11 percent less last year than in 2012, including a voluntary cut after shareholders rejected his pay package last year.
India to investigate suspected Rolls-Royce kickbacks
NEW DELHI (Reuters) - India's defense ministry said on Monday it had ordered an investigation into state-run Hindustan Aeronautics Ltd's (HAL) orders from Britain's Rolls-Royce Holdings worth at least $1.2 billion.
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