United Drops $1.08 Billion of Airbus Orders in Jet Shift

United Continental Holdings Inc., the world’s second-biggest airline, canceled orders for 12 Airbus SAS single-aisle planes valued at about $1.08 billion that the carrier said were no longer needed.
Read more: Bloomberg news

Let Junior Bankers Sleep All Day

If I ran an investment bank I'd give analysts Tuesdays off. For the novelty, plus it's pretty fun not to be at work on a Tuesday.
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Shivering Cattle Signal Higher McDonald’s Beef Cost: Commodities

As temperatures dipped to a record minus 25 degrees Fahrenheit (minus 32 Celsius), the crew at Dean Wang’s ranch in Baker, Montana, increased alfalfa-hay rations to give his cattle more energy during the arctic blast.
Read more: Bloomberg news

Top Samsung Analyst Predicts Stock Wipeout Will Deepen

The slump in Samsung Electronics Co. that wiped out $28 billion of market value in six weeks will deepen as Apple Inc. and Chinese rivals take market share in handsets, according to the stock’s most-accurate forecaster.
Read more: Bloomberg news

Congress Unveils $1.1 Trillion Plan to Fund Government

House and Senate lawmakers agreed to a bipartisan compromise to fund the U.S. government through Sept. 30, unveiling the measure days before financing for federal agencies is scheduled to lapse.
Read more: Bloomberg news

Verizon Wins Net Neutrality Court Ruling Against FCC

Verizon Communications Inc. won an appeals court challenge to U.S. equal treatment rules for the Internet that could leave companies such as Netflix Inc. and Amazon.com Inc. facing higher charges for the fastest service.
Read more: Bloomberg news

Thai Protesters Begin Bangkok Blockade to Oust Yingluck

About 80,000 Thai protesters blocked major roads in Bangkok, disrupting traffic and increasing pressure on Prime Minister Yingluck Shinawatra to resign.
Read more: Bloomberg news

Mercedes Takes Cues From Apple in Reboot of C-Class Sedan

Mercedes-Benz is adding touchpad technology pioneered by the iPhone and an iPad-like display to the C-Class sedan to boost its bid to surpass BMW in sales.
Read more: Bloomberg news

Philippines Sees Nickel Boon on Indonesia’s Ban: Southeast Asia

The ban on mineral-ore exports from Indonesia, the world’s biggest nickel producer, is poised to benefit neighboring miners in the Philippines, which are predicting an increase in sales. Shares of Nickel Asia Corp. advanced ...
Read more: Bloomberg news

Basel Regulators Ease Leverage-Ratio Rule for Banks

Global regulators diluted a planned debt limit for banks amid warnings that the rule would penalize low-risk financial activities and curtail lending.
Read more: Bloomberg news