Industrials

Boeing mulling new supplier system in case of natural disaster

TOKYO (Reuters) - Boeing said on Monday it is considering building a new supplier system to minimize the impact of natural disasters on its operations, after a massive earthquake in Japan hurt production of the aerospace and defense firm's long-delayed 787 Dreamliner aircraft.

Icahn Raises Clorox Offer to $80 a Share

Billionaire investor Carl Icahn raised his offer for the household products maker to $80 a share from $76.50 after the company rejected his previous offer.

GE moving top X-ray executives to China

The move reflects GE's overall drive to shift more of its top executives -- including Vice Chairman John Rice, who this year relocated to Hong Kong -- closer to fast-growing Asian markets.

Citi bankers "shocked" at Sokol Lubrizol shares: report

CHICAGO (Reuters) - Bankers at Citigroup were unaware when discussing the possible sale of chemical company Lubrizol Corp with the man tipped to succeed Warren Buffett that he had any intention to buy shares himself, the Wall Street Journal reported on Saturday.

J&J 1Q Tops Estimates Despite Recalls

Overcoming charges related to recalls, Johnson & Johnson reported a better-than-expected 23% decline in first-quarter profits and upgraded its full-year guidance.