(Reuters) - Pacific Investment Management Co, the manager of the world's biggest bond fund, named Mohamed El-Erian as its chief executive to replace Bill Thompson, who will retire at the end of the year.
(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.
(Reuters) - Merrill Lynch & Co , battered by more than $40 billion of write-downs tied largely to mortgages, will likely incur fresh write-downs, in addition to those assumed after its recent sale of repackaged debt to Lone Star Funds, said an analyst at Goldman Sachs, who cut the stock to a "sell."
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.
* U.S. stock index futures pointed to a lower opening on Wall Street on Friday, following the biggest fall in more than two months on Thursday. The S&P500 and Dow Jones fell 3 percent, while the Nasdaq lost 3.2 percent on Thursday amid unemployment and growth worries.
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