WASHINGTON, Feb 27- The Air Force urgently needs a new long-range bomber to replace its aging fleet and will keep costs at or below a $550 million cap for each warplane, top U.S. officials told lawmakers on Friday. Air Force Secretary Deborah James said the Air Force understood that runaway costs had to be contained, and noted that a sharp reduction from the planned...» Read More
European shares ended higher on Wednesday as tame U.S. inflation data eased worries that the U.S. Federal Reserve might have to raise interest rates to keep inflation at bay, while mining stocks rose on fresh merger talk.
Banks dominated European earnings Wednesday, as France's BNP Paribas and the Netherlands' ING Group reported falls in first-quarter profit due to the ongoing market turmoil.
Planemaker Airbus announced another delay in deliveries of its A380 superjumbo on Tuesday, deepening the woes of Europe's biggest industrial project and risking further penalties with unhappy airlines.
Thousands of Northrop Grumman workers are celebrating their tanker win today in Los Angeles -- even though the deal is on hold as the U.S. Government Accountability Office examines a Boeing challenge. We're at the party and I hope to post video later. As I've blogged many times, Boeing isn't rolling over on this one.
European planemaker Airbus has warned customers they may face more delays on delivery of the world's largest passenger plane, the A380, which is already two years behind schedule.
A host of news out of France on Tuesday, with Alstom down more than 2 percent on reports that officials are investigating it for bribery.
European shares ended lower on Monday, breaking a three-day winning streak, as techs and telecoms weighed and offset the impact of surprisingly strong U.S. service sector figures.
Shares of Dow component Boeing and the parent of its European rival Airbus slipped in European trading Monday after weekend reports that both companies were facing more delays for much anticipated aircraft.
Iran said on Monday it would not consider any incentives offered by world powers that violated its right to nuclear technology, ruling out a precondition that it suspend uranium enrichment.
When Cramer gets a stock wrong, he owns it. And, boy, did he get this wrong.
Here's how you trade it.
Boeing said on Wednesday first-quarter profit rose a greater-than-expected 38 percent, helped by higher deliveries of its commercial planes.
Diversified manufacturer United Technologies reported profit that topped Wall Street's expectations Thursday but its shares fell in early trading after the company held its full-year outlook steady and warned of a slowing economy.
The drop on Wall Street was modest considering Wachovia's massive loss. Also, Crocs earnings, airline M&A and much more.
Concerns about national security laws in the United States and sensitivities over Canada’s control of its Arctic lands combined on Thursday to block a $1.3 billion takeover of Canada’s largest space equipment company by Alliant Techsystems of Edina, Minn.
U.S. stocks closed lower Wednesday after UPS projected an earnings shortfall and oil prices surged.
U.S. stocks fell to session lows Wednesday after a report showing larger-than-expected decline in crude inventories sent oil prices climbing, and corporate news from Morgan Stanley and UPS dragged on shares.
Diversified manufacturer Honeywell International said Friday that it would buy Norcross Safety Products, a maker of personal protective equipment, for about $1.2 billion to expand its safety business.
NATO's decision to pledge eventual membership to former Soviet republics Georgia and Ukraine shows the door to the alliance is wide open, U.S. Secretary of State Condoleezza Rice said on Thursday.
Does Wednesday’s surprisingly strong ADP jobs report signal that the economy is already rebounding?
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.