(Source: Providence Journal)
Strike set at Boeing: Despite a 48-hour contract extension, negotiations between Boeing Co. and machinists union officials failed yesterday and the union said a strike was set to begin at 12:01 a.m. PDT today. When the talks broke off, the union sent out a message to members saying: "The strike is on!" The company said it would not try to assemble planes during the strike. The machinists bargain for about 25,000 aircraft assembly workers in the Seattle area and about 2,000 more in Wichita, Kan., and Portland, Ore. Union members on Wednesday voted 80 percent to reject Boeing's final three- year contract offer and 87 percent to go on strike, mainly over job security. (Associated Press)
- Markets
Dollar advances: The dollar rose against major currencies yesterday in New York, ending at 107.13 Japanese yen, up from Thursday's close of 107.04 yen. The euro closed at 3:30 p.m. at $1.4243, down from $1.4331.
Metals decline: Gold for current delivery closed at $797.60 a troy ounce on the New York Mercantile Exchange, down from Thursday's close of $797.90. Silver closed at $12.245 an ounce, down from $12.856.
Fuels mixed: October light, sweet crude oil fell $1.66 to $106.23 a barrel on the New York Mercantile Exchange. September heating oil fell 4.09 cents to $2.9828 a gallon. September gasoline fell 5.43 cents to $2.6861 a gallon. October natural gas rose 12.7 cents to $7.449 per 1,000 cubic feet.
Associated Press
Treasury auction schedule:
MONDAY, Sept. 8: 3-month, 6-month bills
TUESDAY, Sept. 9: 4-week bills
THURSDAY, Sept. 11: 10-year notes
Table lists scheduled auctions of U.S. Treasury bills, notes and bonds. Minimum investment is $100. Treasury on Monday is to post details for next auction of 10-year notes, tentatively scheduled for Thursday. To confirm auction dates, or for more information, contact TreasuryDirect at 1-800-722-2678, or www.treasurydirect.gov. (Staff)
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