Boeing ( BA) is reportedly readying a launch of a new expanded 787 Dreamliner. According to speculation, which was first reported on by The Wall Street Journal on Thursday, the new 787-10 is a larger version of Boeing's Dreamliner with many of the same features, but will have longer fuselage and be able to seat 323 passengers. Rumors say the new jet may be announced as early as next week at the Paris Airshow. Singapore Airlines recently committed to buy the new version of the 787 if Boeing builds it. The news comes as the new Airbus A350 made its maiden flight. The Boeing 787-10 would compete with the Airbus A350.
Pandora Media ( P) has been sued by Broadcast Music Inc. (BMI) over licensing fees. The suit comes after Pandora rejected BMI's request for the Internet radio company to pay higher licensing fees. BMI argued in the lawsuit, filed in federal court on Thursday, that it was seeking higher fees "consistent with market rates to reflect the explosive growth of the Internet music streaming marketplace."
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.