LOS ANGELES— Five states are on the short list for a $5 billion factory that Tesla Motors plans to build so it can crank out batteries for a new generation of electric cars. The package of economic incentives that each state offers will help determine where Tesla builds the factory— Nevada, California, Texas, Arizona or New Mexico.» Read More
TOKYO— Japan and India both have much to gain from a visit by Prime Minister Narendra Modi and more than a dozen Indian steel, energy and IT tycoons that begins Saturday in the ancient capital of Kyoto.
Struggling Australian airline Qantas posted a FY14 statutory loss after tax of A$2.84 billion on Thursday, the deepest loss in its history as a public company.
CAPE CANAVERAL, Fla. Aug 26- Space Exploration Technologies will delay the launch of its next Falcon 9 rocket by up to two weeks following Friday's explosion of a related prototype vehicle during a flight test, officials said on Tuesday.
President Barack Obama warned that destroying "a cancer" like the Islamic State of Iraq and al-Sham will not be easy, reports NBC News.
The restructuring plan will include route cuts as well as the loss of up to 5,000 to 6,000 jobs, according to a source.
Aug 25- Aluminum producer Alcoa Inc said on Monday it will permanently close its Portovesme smelter on the Italian island of Sardinia. The closure of the plant, which has not operated since November 2012, will reduce Alcoa's global smelting capacity by 150,000 metric tons to 3.6 million metric tons per year.
NEW YORK— Boeing said Monday that BOC Aviation, an aircraft leasing company based in Singapore, is ordering 82 airplanes for a total of $8.8 billion. The company did not say when it expects to start delivering the planes to BOC Aviation. Boeing, which is based in Chicago, reported $86.62 billion in revenue in 2013..
To win back fliers, United Airlines will upgrade first class food options and replace snacks with full meals on some of its shortest flights.
NEW DELHI, Aug 21- Some of India's biggest companies are pouring billions of dollars into manufacturing guns, ships and tanks for the country's military, buoyed by the new government's commitment to upgrade its armed forces using domestic factories.
Growing fears of a volcanic eruption Iceland left investors on edge Wednesday with airlines braced for potential disruption.
For the first time Lockheed Martin tested a fully unmanned helicopter to deliver an unmanned vehicle to Fort Benning. CNBC's Jane Wells has the video.
The Washington Post is out with a report that Canada is having second thoughts about purchasing expensive F-35 jets it has already invested in. CNBC's Jane Wells has the details.
Aug 15- A Chinese businessman has been indicted in California on charges he hacked the computer systems of Boeing Co and other U.S. defense contractors and stole confidential plans for military aircraft, federal prosecutors said on Friday.
WASHINGTON, Aug 14- Boeing Co has won an initial contract worth $296 million to buy parts needed for production of 12 more P-8A spy planes, including eight for the U.S. Navy and four for the government of Australia, the Pentagon announced Thursday.
Airlines from the United States and abroad have turned the in-flight safety video into an art form in recent years. We found the most entertaining.
Aug 12- A team of Boeing Co and Sikorsky Aircraft Corp and Textron Inc's Bell Helicopter have been selected to build prototypes of a multi-role vertical-lift aircraft as part of the U.S. Army's plan to replace thousands of helicopters.
Boeing and United Technologies have been amassing titanium parts from Russia in case global tensions disrupt supply of the metal.
NEW DELHI, Aug 7- India has offered to significantly increase an order for U.S. attack helicopters, Indian officials said, as U.S. India has offered a follow-on order of 39 AH-64D Apache helicopters in addition to the 22 now being negotiated, an Indian Defence Ministry official said.
WASHINGTON, Aug 7- The fifth of six U.S. test sites chosen to perform research on unmanned aircraft systems, or drones, has started operations in Rome, New York, the U.S. Federal Aviation Administration said on Thursday.
NEW DELHI, Aug 7- India has offered to increase an order for U.S. India and the United States have rapidly expanded military sales in recent years, despite discord in areas such as trade and intellectual property rights.
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.