China held a military parade that was nothing less than extravagant, in commemoration of the 70th anniversary of the end of World War 2.» Read More
ZHUKOVSKY, Russia, Aug 25- Russian civil aviation companies face a disappointing week at the country's largest air show that opened on Tuesday as economic crisis and Western sanctions take a heavy toll on order books and scare away many foreign firms. According to Russian media, Russia and Iran will sign a $1 billion deal during the three-day show for S-300...
WELLINGTON, Fla. _ KLX Inc. on Tuesday reported fiscal second-quarter profit of $7.4 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share. Four analysts surveyed by Zacks expected $424.9 million.
Boeing workers brace for layoffs in the satellite business.
WASHINGTON, Aug 24- U.S. Air Force Secretary Deborah James on Monday said a contract for a new long-range bomber would be awarded soon, and the project would not be considered a "new start" program that could be halted if Congress fails to pass a budget for fiscal 2016.. Northrop Grumman Corp, maker of the B-2 bomber, is competing against a team made up of Boeing Co and...
Airbus may take legal action against Japanese government after losing a multibillion-dollar helicopter deal, the FT reports.
Aug 21- Boeing Co remains on track to meet production targets it has set for its 737 MAX jetliner, a company spokesman said on Friday following a report on industry concerns that slow output at supplier GKN PLC could cause delays. The Chicago- based aircraft maker expects to roll out the first 737 MAX before the end of 2015, fly it in early 2016 and deliver it to...
As part of the three-day visit, senior U.S. and Indian naval officers visited the shipyard in Newport News, Virginia, where Huntington Ingalls Industries Inc is building the USS Gerald R. Ford, the first in a new class of aircraft carriers, according to Navy spokeswoman Colleen O'Rourke and Huntington Ingalls spokeswoman Beci Brenton. The group also met with...
He spent a night in jail for damaging a drone he felt was "violating" beach goers.
A Canadian company has clinched a patent for a 12.4 mile-high "space elevator" that could launch astronauts and tourists into orbit.
CNBC's Jane Wells reports on the battle for low Earth orbit satellites which will provide fast Internet access, between Richard Branson and Elon Musk.
Japan's largest carrier announced 2 more Star Wars-themed planes. USA Today reports.
A Japanese sports drink will be the first product advertised on the surface of the moon. GlobalPost reports.
An Indonesian domestic passenger aircraft carrying 54 people lost contact with air traffic control, and was found crashed, officials say.
A glitch that snarled U.S. air travel and cancelled hundreds of flights has been fixed, with normal operations resuming Saturday, the FAA said.
Aug 14- Warren Buffett's Berkshire Hathaway Inc on Friday said it boosted its stake in cable TV operator Charter Communications Corp, and signaled it may have another large investment planned after agreeing to buy Precision Castparts Corp in its largest-ever purchase. The changes were disclosed in a U.S. Securities and Exchange Commission filing detailing...
BOSTON, Aug 14- Legendary investor Warren Buffett was not the only one to turn sweet on Precision Castparts Corp this summer. Buffett's plan to pay $32.3 billion for the Precision Castparts Corp, announced on Monday, helped push the stock price up nearly 19 percent this week, likely making for a handsome payoff for the funds that took new positions or raised stakes.
Ukraine is edging closer to a return to full civil war following recent attacks on Kiev-controlled areas that have violated the ceasefire agreement.
Macrae Sykes, research analyst at Gabelli & Company, explains why Berkshire Hathaway's acquisition of Precision Castparts is a "fairly rational" move.
Pentagon officials said the service was restored after a scrub of the system to eliminate any potential malware, NBC News reports.
Warren Buffett discusses the leadership of Precision Castparts Corp. CEO Mark Donegan, after his company announced buying Precision.
The business world has seen numerous individuals put their marriages, careers and good standing at risk for an extramarital dalliance. CNBC.com presents a list of people who went outside of their marriages for intimate relationships.
A top U.S. general in Afghanistan is now under investigation, with CNBC's Eamon Javers. Jeremy Kroll, K2 Intelligence, and Julian Sanchez, Cato Institute, also discuss cyber security.
CNBC's Jane Wells takes a look at the rise of women in companies that used to be dominated by men.