Liberty Takes Over Siri and GE’s Earnings Beat: Morning Buzzers
Boeing (NYSE:BA) has more problems than just overheating lithium-ion batteries and grounded fleets of 787 Dreamliners. Boeing and the Society of Professional Engineering Employees in Aerospace, which represents 23,000 engineers and technical workers, have been involved in a tense re-negotiation of contracts for the past few weeks, and talks seem to be falling apart. SPEEA said on Thursday: “Boeing’s actions reiterate the company’s growing disrespect for the engineers and technical workers who are essential to working issues and restoring confidence in the 787.”
Liberty Media Corp. (NASDAQ:LMCA) has completed its bid for majority control of Sirius XM Radio (NASDAQ:SIRI), acquiring 50 million shares at $3.15 a piece, bringing its stake to 50.7 percent. Shares of the radio company traded up about 1 percent in the pre-market.
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