Nov. 14 (Bloomberg) -- Boeing Co.'s largest union balked at a company proposal to freeze pensions in exchange for rights to build the new 777 in Washington, casting doubt over the future of manufacturing at the planemaker's Seattle hub.
Machinists union members voted 67 percent against a contract extension that included pension and health-care benefit cuts, the union said in an e-mailed statement. This report contains comments made yesterday by Boeing workers outside the International Association of Machinists and Aerospace Workers District 751. (Source: Bloomberg)
Samsung Stock Is `Crazy Cheap,' Analyst Newman Says
Jan. 29 -- Mark Newman, an analyst at Sanford C. Bernstein, talks about Samsung Electronics Co.'s business outlook. Samsung raised its dividend and posted fourth-quarter profit that beat analysts’ estimates as demand for memory chips softened the impact from a smartphone business losing sales to Apple Inc. and Xiaomi Corp. Newman speaks with Rishaad Salamat and David Ingles on Bloomberg Television's "Asia Edge."