Aerospace & Defense
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British police arrested two men on a Pakistan International Airlines flight on Friday on suspicion of "endangerment of an aircraft".
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On Tuesday night, the Pentagon issued a $2.7 billion order for 3,100 more Mine-Resistant Ambush-Protected vehicles, or MRAPs -- designed to protect troops from roadside bombs in Iraq. Herer are the seven manufacturers that will gain from the order.
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Some companies beat so consistently they bring better-than-expected reports to an art form.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
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GM said it's interested in exploring further cooperation with automaker AvtoVaz as one way to "expand our footprint in Russia."
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Airbus said it signed contracts Monday to sell 160 commercial passenger jets to China in a deal worth around $14.8 billion.
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It is up to Airbus, not Germany, to assess what impact the weakness of the dollar against the euro has on the European planemaker's business prospects, the German Economy Ministry said on Friday.
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Saudi Arabia could order 24 Eurofighter Typhoon combat jets from BAE Systems for about 1.5 billion pounds ($3.06 billion), the Middle East Economic Digest (MEED) reported on Friday.
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Airbus and Boeing ensured 2007 smashes all records for plane sales as deals announced at the Dubai air show neared $80 billion on Monday, powered by demand from Gulf Arab states.
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Airbus and Boeing ensured 2007 smashes all records for plane sales as deals announced at the Dubai air show neared $80 billion on Monday, powered by demand from Gulf Arab states.
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European aerospace and defence group EADS announced on Monday its estimate for charges related to the revised delivery schedule for its A400M plane.
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Continental Airlines raised U.S. domestic fares to offset soaring fuel costs, increasing the price of round-trip tickets by $10, a company spokesman said Friday.
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Raytheon reported slightly lower third-quarter profit Thursday, hurt by losses from a unit it is selling, and forecast next year's profit below Wall Street's average estimate, sending its shares down almost 3 percent.
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Boeing said Wednesday third-quarter profit rose more than expected, helped by higher deliveries of commercial planes, but it scaled back its revenue forecast for next year due to delays on its 787 Dreamliner and slowing growth at its defense unit.
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Both General Dynamics and Northrop Grumman beat Wall Street expectations Wednesday with their quarterly profit, as rising demand helped the defense-sector companies post bumper revenues.
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Lockheed Martin, on Tuesday posted a third-quarter profit that beat Wall Street expectations, helped by higher sales of its jet fighters and electronic warfare systems, but it forecast profits for next year slightly below analysts' estimate.
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The head of French media group Lagardere survived a challenge to his seat on a new board at Airbus parent EADS on Monday despite calls from minority shareholders that he should step down.
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Defense and aerospace group Saab on Friday posted third-quarter pretax earnings short of forecasts and said it expected overall 2007 growth would be in line with last year.
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Southwest Airlines, the leading U.S. low-cost carrier, said on Thursday that third-quarter earnings rose as higher ticket prices and fuller planes fueled record revenue.
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Boeing named Pat Shanahan as vice president and general manager of the 787 program, succeeding Mike Bair, who will become vice president of business strategy and marketing for commercial airplanes, both effective immediately.
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BAE Systems Chief Executive Mike Turner will step down as CEO and leave the board in August 2008, Europe's largest defence company said on Tuesday.
Defense Contractors
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*Pentagon, Lockheed said nearing deal for more jets. NEW YORK, Nov 29- The U.S. Air Force affirmed on Thursday its plans to buy 1,763 F-35 fighter jets built by Lockheed Martin Corp in coming years, as Lockheed and the government neared agreement on a multi-billion dollar contract for a fifth batch of planes.
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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.
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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.