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Current Market/Financial/Business/Stock News


Recent Market/Financial News (click here to view more news...)

  • CORRECT: Boeing begins labor talks with machinists union
    14 minutes ago

    SAN FRANCISCO (MarketWatch) -- Boeing Co. said late Friday it started negotiating a new labor contract with the International Association of Machinists and Aerospace Workers union covering more than 26,000 employees. Workers affected by the negotiations are in the Seattle area, Portland, Ore., and Wichita, Kan., the company said. Boeing expects to have a new contract with the union in place by Sept. 4. (Corrects dateline.)

    Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


  • E-Trade to exit retail mortgage origination business
    48 minutes ago

    SAN FRANCISCO (MarketWatch) -- E-Trade Financial Corp. said it decided in April to exit the retail mortgage origination business, its last remaining loan origination channel, according to a Securities and Exchange Commission filing late Friday. The company said it will partner with a third party company to provide customers access to real estate loans after it exits the business. E-Trade said in the filing it originated about $116 million in one- to four-family loans through the business during the three months ended March 31.

    Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


  • Verizon Wireless buys SureWest Wireless for $69 million
    48 minutes ago

    SAN FRANCISCO (MarketWatch) -- Verizon Wireless said late Friday it bought SureWest Wireless, including its spectrum licenses, and network and operations assets in the Sacramento, Calif. area, for $69 million. About 50,000 of SureWest Wireless customers will transition to Verizon's network by late summer, Verizon said.

    Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


  • Nasdaq short interest in 9.59 billion shares as of April 30
  • U.S. stocks socked by credit crisis; indexes down on week
  • Fairchild Semiconductor names CEO Thompson as board chairman
  • Delphi first-quarter loss widens
  • Crude futures close near $126, up over 8% for the week