Boeing workers threaten strike
ST. LOUIS -- Boeing Co. workers in St. Louis said they could walk out as soon as Monday under a strike notice they planned to deliver to the company on Wednesday.
The workers voted down Boeing's last offer on Sunday.
The International Association of Machinists and Aerospace Workers represents about 2,500 Boeing workers in St. Louis.
The union said Boeing has not made any attempt to schedule negotiations after workers rejected the company offer.
A Boeing spokesman wasn't available to comment.
FedEx issues moderate outlook
NEW YORK -- FedEx on Wednesday offered a conservative outlook for its new fiscal year even as strong exports from Asia led to healthy fourth-quarter results.
The forecast for earnings of $4.40 to $5 per share falls short of analysts' predictions of $5.05 per share. But it's the first time the company has issued a full-year forecast since before the recession, indicating growing confidence in the long-term recovery in global trade.
The outlook also reflects expected higher costs as shipping volume picks up.
In a conference call with analysts, CEO Fred Smith said international growth is especially strong in India, China and Brazil.
Smith said the company sees growth in those three fast-paced economies picking up steam over the next year, a trend he said he believes has been understated recently in economic forecasts.
Technology firm opens local office
Averalink Information Systems LLC, a North Charleston technology firm, has opened an office at the Lowcountry Innovation Center on the former Navy base.
The 3-year-old company integrates networks and telecommunication systems for public and private clients.
It employs two workers, including founder and former SPAWAR employee Himanshu Darji.