Russia to Buy 50 New Boeing 737 New Generation Airliners

Russia will buy 50 new Boeing (BA) 737 Next Generation airliners in a deal worth $3.7 billion.

Russian Technologies, a state-owned company that manages the government’s stakes in 12 regional airlines, will buy the aircraft, The Associated Press said….

Dell to Spend More Than $100 Billion on China Operations

Dell to Spend More Than $100 Billion on China OperationsDell Inc. (DELL) will spend more than $100 billion over a 10-year period to expand operations and sales in China.

The company will open a new operations center in Chengdu…

BP Relief Well Reaches Macondo Well

BP’s (BP) relief well reached intercepted the Macondo well, putting engineers in a position to permanently plug the well that spewed out millions of barrels of oil into the Gulf of Mexico. The relief well intercepted the Macond…