Yair Reiner News
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A program tracking U.S. green jobs that was faulted by Republican lawmakers will be scrapped by the Bureau of Labor Statistics as part of automatic budget cuts set to take effect today, according to a person familiar with the decision.
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Boeing Co. is poised to keep the title of world’s largest planemaker for at least two more years amid rising deliveries of the delayed 787 Dreamliner, the jet that helped it beat Airbus SAS for the first time in a decade.
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The following are the day's top business stories:
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Boeing Co.’s chance to eclipse Airbus SAS at the industry’s largest air show next week risks being overshadowed by a faltering economy and its European rival setting up a manufacturing hub in the U.S.
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After years of piling on plane orders, airlines are taking a break and demanding that Airbus SAS and Boeing Co. deliver.
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Boeing Co. resumed a $3.6 billion stock-buyback plan that was suspended amid delays on its 787 Dreamliner, and analysts predicted more cash will be returned to shareholders as profit rises along with jet deliveries.
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The same securities analysts warning of the first decline in quarterly earnings since 2009 are also more bullish than ever on U.S. stocks.
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U.S. benchmark stock indexes fell from almost five-year highs and Spanish bonds slid after finance chiefs deadlocked at euro-area debt-crisis talks and New York manufacturing slumped. Oil plunged, extending losses in commodities and shares of energy producers.
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U.S. stocks fell, pulling the Standard & Poor’s 500 Index down from the highest level since 2007, as European finance chiefs deadlocked at debt-crisis talks and New York-area manufacturing slumped.
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Verizon Wireless may sell as many as 12 million iPhones next year after the largest U.S. mobile-phone carrier begins offering the device, widening its lead over AT&T Inc. , analysts say.
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