Boeing's ( BA) plan to redesign the 787 Dreamliner's lithium-ion batteries won approval Tuesday from the Federal Aviation Administration. Rep. Rick Larsen, D-Wash., who was briefed by the FAA, said that if the tests go well, the FAA could give final approval by mid- to late April for the 787 to resume flight.
Google ( GOOG) agreed to pay a $7 million fine to settle with 38 states an investigation into the company's interception of emails, passwords and other sensitive personal information through its Street View cars that collected data from unsecured wireless networks from early 2008 through the spring of 2010.
Velti ( VELT) swung to a fourth-quarter loss of more than $5 million and said it expects revenue for the full year of $255 million to $280 million. Analysts were looking for revenue of $340 million.
Analysts on Wall Street expect Men's Wearhouse ( MW) on Wednesday to report a fourth-quarter loss of 5 cents a share on revenue of $610 million. 5 Hated Earnings Stocks Poised to Pop
Express ( EXPR) is forecast by analysts to post fourth-quarter profit Wednesday of 74 cents a share on revenue of $722.4 million.
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