TOKYO— Toyota President Akio Toyoda vowed to help get to the bottom of the problems with Takata air bags, the recalls for which have ballooned to nearly 34 million vehicles, stressing that regaining consumer trust is an industry-wide concern. Doubts are growing about whether Japanese supplier Takata Corp. has the financial muscle to deal with all the defects, a...» Read More
The aerospace company reported quarterly earnings that exceeded analysts' predictions and revenue that matched forecasts, prompting the company to raise its forecast for the full year.
A group of BAE Systems shareholders has demanded the resignation of chairman Dick Olver, saying sweeping changes are needed at the UK defense group following the collapse of the EADS merger two weeks ago. The FT reports.
“Earnings, earnings, earnings...we were focused on earnings coming into this week and last week, and right now it’s just letting us down,” one trader said.
When an ambitious deal proposal collapses, it is normal to ask whether management has failed, too. EADS-BAE Systems is no exception, the FT reports.
Alistair Darling has made a forceful intervention in the plans by EADS to combine with BAE Systems, saying British interests were bound to suffer because the UK government would have no equity stake in the enlarged group. The FT reports.
Key French EADS shareholder Lagardere said on Monday the conditions attached to a planned merger of the European aerospace group with Britain's BAE Systems were unsatisfactory and called on management to reexamine the project.
Using data from USASpending.gov,an OMB website, CNBC.com presents the 10 states that received the most federal dollars per capita in fiscal year 2011.
France is pushing for its government to hold a large stake in the €34 billion defense and aerospace group to be created by combining pan-European EADS and BAE of the UK, raising concerns in London that such a demand would threaten the deal. The FT reports.
BAE Systems will have to agree more rigorous US security arrangements if its 38 billion euros ($49.9 billion) deal to combine with EADS is to pass muster in Washington, a former senior US official has warned, the Financial Times reports.
The Farnborough International Airshow is an international aerospace convention that happens every other year.
Almost half of France's biggest companies report quarterly earnings between Thursday morning and Friday evening, the first set of numbers since socialist President Francois Hollande took office in May in the midst of en economic crisis.
The "Mad Money" host points to five stocks that are exacting their revenge on the market to prove that even losers get lucky once in a while.
The Chinese market is likely to hover around six-month lows barring major policy announcements from the government.
The "Mad Money" host chatted with Honeywell CEO David Cote about global growth prospects and the U.S. debt crisis.
The “Mad Money” host chats with AeroVironment CEO Tim Conver.
Mad Money host Jim Cramer speaks to AeroVironment chairman & CEO Tim Conver, about the budget for the defense sector, and his company's latest missile innovation called "the switchblade."
Check out his "Game Plan" for next week.
No doubt the debate will carry on this week about whether the industry is over-heated and creating a bubble for itself. The current movement shows no signs of slowing down. For those that are calling it a "bubble" it has proven to be quite a resilient one and one we believe is actually reflective of real growth, write Neil Hampson and Scott Thompson from PwC.
The Mars space probe built by Siemens is an “iconic example” of what the technological industry can provide to global aerospace development, Siegfried Russwurm, the CEO of Sector Industry Sector at Siemens told CNBC.
As orders go at air shows, the latest deal between Boeing and Air Lease Corp is not the biggest one ever done. Still, the $7.2 Billion ALC is paying for 75 new 737 MAX airplanes is significant and highlight the continued demand for more fuel-efficient single aisle planes.
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.