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News Summary: Boeing wants scrutiny of beacons

BUSTED BEACONS? Boeing Co. expanded inspections of emergency locator beacons made by Honeywell International to five more aircraft after problems were discovered with the transmitters on 787 jets. Full story

Boeing asks for beacon checks on up to 1,200 jets

PARIS/SINGAPORE (Reuters) - Boeing <BA.N> has asked airlines to inspect up to 1,200 aircraft across its fleet to gather data on Honeywell <HON.N> emergency beacons that have come under scrutiny following a fire on a parked 787 Dreamliner two weeks ago. Full story

Airbus to review integration of Honeywell emergency beacons

PARIS (Reuters) - Airbus <EAD.PA> said on Monday it would carry out a review of the way Honeywell <HON.N> emergency locator beacons are integrated into its aircraft following a preliminary report on a fire on a parked Boeing jet this month. Full story

France deepens dispute over Mercedes sales ban

PARIS/FRANKFURT (Reuters) - France took formal steps on Friday to outlaw sales of several Mercedes models, upping the stakes in a standoff over parent company Daimler's use of a refrigerant banned by the European Union. Full story

Honeywell CEO: 'Energy could be a huge stimulus for job g...

   Was sequestration a non-event for the defense industry? David Cote, CEO of Honeywell, discusses the impact of sequestration on his company, as well as the state of the economy.

Strong Earnings Can't Save Honeywell Stock

Forget about the Boeing transmitter. Honeywell's real problem is that it costs too much. Full story

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Video

  Friday's market roadmap

The "Squawk on the Street" news team reports on today's top business headlines, including a slew of earnings from such notables as GE and Honeywell, which beat, as well as Microsoft and Google, which didn't fare quite as well.