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Boeing Co reported a 23 percent increase in core fourth-quarter profit on Wednesday, topping analysts' estimates and sending its shares up 4.3 percent. Boeing forecast a rise in cash flow to $6.2 billion in 2015, at the top end of expectations, from $4.3 billion at the end of the year. Boeing's results showed strong year-end performances across its businesses. In contrast, commercial airplane margins narrowed as Boeing delivered more 787 Dreamliners, which remain costly to produce.
By Aruna Viswanatha and Julia Edwards WASHINGTON (Reuters) - Loretta Lynch, U.S. President Barack Obama's pick for attorney general, on Wednesday sought to strike a conciliatory tone with Republican senators eager to use her confirmation hearing as an opportunity to air grievances about Obama's policies including immigration reform. The approach marked a departure from her predecessor, Eric Holder, an unapologetic liberal voice and one of Obama's closest allies. "I look forward to fostering a new and improved relationship with this Committee, the United States Senate, and the entire United States Congress," Lynch said in opening remarks before a packed hearing of the Senate Judiciary Committee that included Lynch's family and members of her Harvard Delta Sigma Theta sorority wearing red jackets.