Washington, Oct 1- Senator John McCain on Thursday said huge cost overruns on a new class of aircraft carriers built by Huntington Ingalls Industries Inc made it "one of the most spectacular acquisition debacles" in recent years, and the Navy needed different options for the future. Senator Jack Reed, the top Democrat on the committee, echoed McCain's concerns, and...» Read More
The union for Boeing's engineers and technical workers is counting ballots Tuesday on a contract offer and whether to authorize a strike. The union is recommending that members reject the offer because it would not provide pensions to new employees.
Airbus has started informing airlines that have ordered the new A350 that the new plane will have Nickel-Cadmium batteries, rather than lithium-ion batteries, the European plane maker told CNBC Thursday.
American Airlines and US Airways plan to merge in a deal that would create the world's largest carrier and caps years where the industry was marked by bankruptcy and consolidation.
Boeing denied misconduct by its managers afterb a union representing engineers and technical workers accused the planemaker's security staff of intimidating some members over labor contract votes.
Value investor Mario Gabelli says he expects small-cap stock GenCorp and mid-cap stock Legg Mason to double in value.
The U.S. National Transportation Safety Board is investigating whether tiny fiber-like formations inside lithium-ion batteries could have played a role in battery failures on two Boeing 787s.
After more than a year of courtship, US Airways is just days from finally merging with American Airlines, and some are wondering if this is the end of the line for the run-up in airline stocks.
Three weeks after the Federal Aviation Administration grounded Boeing 787 Dreamliners, the head of the NTSB said assumptions about the planes' lithium-ion batteries should be reconsidered.
The bulls are betting that Boeing gets cleared for takeoff.
Boeing is working on battery design changes that would minimize fire risks on its grounded 787 Dreamliner and could have the passenger jet flying again as soon as March, the Wall Street Journal reported on Wednesday.
Honeywell CEO agrees with preliminary across-the-board spending cuts in order to start diminishing debt, even if this means a slower economy.
CNBC's Rick Santelli talks with Bill Frezza, Huffington Post columnist, about why Republicans should back a plan to cut defense spending.
Almost three weeks since the FAA grounded the 787 Dreamliner, several U.S. cities are facing a frustrating wait for the plane to get back in the air. Due to the grounding, the financial impact of the delayed service could be substantial.
All Nippon AIrways on Wednesday canceled all remaining Boeing 787 flights until the end of February.
Japan's All Nippon Airways is in talks with U.S. aircraft maker Boeing to speed up the delivery of three 777 jetliners as its fleet of 787 Dreamliner airplanes remains grounded with undiagnosed battery problems, the Nikkei newspaper said on Sunday.
John Makin, AEI Resident Scholar and noted "conservative" economist explains why he thinks spending cuts could make the debt crisis even worse than it is: and Lindsey Piegza, FTN Financial economist, shares her opinions.
Boeing reported earnings that beat expectations, and said its 2013 forecast "assumes no significant financial impact" from the grounding of its 787 passenger jet.
CNBC's Phil LeBeau; Howard Rubel, Jefferies; and Robert Spingarn, Credit Suisse, discuss the impact of the Dreamliner's battery problems on the company's bottom line, and take a look at 2013 guidance.
CNBC's Phil LeBeau breaks down the fourth quarter numbers on the aerospace giant; reporting EPS of $1.28 vs. $1.19 estimates, on revenues of $22.3 billion.
CNBC's Phil LeBeau reports there is more turbulence ahead for the aerospace giant as an investigation into its 787 battery problem continues. And, Michael Boyd, The Boyd Group chairman, weighs in.
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.