Todays Business News

Boeing workers frustrated, angry at strike delay (Reuters) Reuters - Less than a day after voting to strike, Boeing workers expressed frustration and anger on Thursday at the decision by union leaders to postpone a walkout and negotiate further with the company.

Lone Star may sue S.Korea govt on KEB deal: paper (Reuters) Reuters - U.S. private equity house Lone Star is seriously considering suing the South Korean government if it delays approval beyond September of the firm's $6.3 billion sale of shares in a local bank, a newspaper reported on Friday.

Microsoft kicks off $300 million Windows marketing push (Reuters) Reuters - Microsoft Corp kicked off a $300 million marketing campaign on Thursday, aimed at improving the image of its Windows Vista operating system and strike back at Apple Inc's "Mac vs. PC" ads.

Dell plans to sell computer factories: report (Reuters) Reuters - Dell Inc is trying to sell computer factories around the world in efforts to cut cost and improve profitability, the Wall Street Journal said.

Lehman weighs real estate spinoff: report (Reuters) Reuters - Lehman Brothers Holdings Inc is considering a plan to put some $32 billion of its commercial real estate and mortgage assets in a new company and spin it off, Bloomberg reported on its website on Thursday.

Hong Kong considers ban on fishing trawlers: report (AFP) AFP - Hong Kong is considering banning fishing trawlers in its waters to save fish stocks, a report said Thursday. The drastic proposal comes as annual catches were estimated to be 30 percent above sustainable levels, the South China Morning Post said, citing a consultation paper from the Food and Health bureau.

UAE stocks fall The Dubai Financial Market on Thursday lost 59.59 points, or 1.25%, to end the day on 4,689. Emaar lost 3.31% and Arabtec fell 1.36%. Meanwhile, the Abu Dhabi Securities Index fell 33.05 points, or 0.76%, to close on 4,311.

Boeing workers frustrated, angry at strike delay EVERETT, Washington (Reuters) - Less than a day after voting to strike, Boeing workers expressed frustration and anger on Thursday at the decision by union leaders to postpone a walkout and negotiate further with the company.

Lone Star may sue S.Korea govt on KEB deal: paper SEOUL (Reuters) - U.S. private equity house Lone Star is seriously considering suing the South Korean government if it delays approval beyond September of the firm's $6.3 billion sale of shares in a local bank, a newspaper reported on Friday.

The US stock market
A stock is a legally binding symbol of ownership in a company. When you purchase a stock, you actually become the owner of a part of a company - a share holder. Since one company can release a lot of stocks, the ownership is typically spread over hundreds or thousands or owners. Selling shares in a company is a way for that company to bring cash to the company.