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Boeing Co. (NYSE:BA) has received two new orders from Korean Air for 777s in its weekly order update. In addition, Boeing clarified an Ethiopian Airlines order for a 777 which was previously listed as unidentified.
Bank of America Corporation (NYSE:BAC): On Wednesday the European Commission proposed that the manipulation of key financial benchmarks should constitute a criminal offense, according to The Washington Post. At the same time, authorities in the United States are pursuing criminal cases against persons who were said to be involved in the Libor rigging scandal.
Cisco Systems, Inc. (NASDAQ:CSCO): Senate Majority Leader Harry Reid (D-NV) has scheduled an important procedural vote on cybersecurity legislation for Friday, according to Wednesday’s The Hill, which would provide critical infrastructure operators the incentive to accede to standards proposed by a government-led body.
Chevron Corp. (NYSE:CVX): Demand for oil inside China fell by 1.9 percent year-over-year in June, says China Daily, which pointed to an analysis by energy and metals information supplier Platts, which added that the decrease was the first such movement since the first quarter of 2009.
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