Malaysia Airlines' crashes are worrying insurers — their policy is missing a clause that limits insurers' payments for search-and-rescue costs.» Read More
WASHINGTON, July 22- The U.S. Chamber of Commerce made a last-ditch plea on Tuesday to federal securities regulators, urging them not to adopt rules that will change how some money market funds are valued and could cause companies to park their cash elsewhere.
Boeing rose$. 79 or. 6 percent, to $129.09. Northrop Grumman Corp. rose$. 93 or. 7 percent, to $126.05. Raytheon rose$. 93 or 1.0 percent, to $96.75.
WASHINGTON— Senate Environment and Public Works Committee hearing on the Environmental Protection Agency's proposed carbon pollution standards for power plants. WASHINGTON— Senate Commerce, Science and Transportation subcommittee hearing on legislation focusing on consumer protections and safety for cruise ship passengers.
*U.S. players include Gogo, Honeywell, Golden Eagle. LONDON, July 22- The web-connected aircraft cabins of the future, powered by technology on show at last week's Farnborough Airshow, are offering a path to investor returns through suppliers like Cobham Plc and Thales SA.
Boeing rose$. 78 or. 6 percent, to $129.08. Lockheed Martin Corp. rose $3.53 or 2.2 percent, to $166.51. Northrop Grumman Corp. rose$. 64 or. 5 percent, to $125.75.
NEW YORK— Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle and the cable giant Comcast surged after reporting better results than Wall Street expected. COMMENT: "The news today is pretty good," said JJ Kinahan, chief strategist at TD Ameritrade.
With just two weeks before lawmakers' sacrosanct August break, progress is decidedly mixed on several must-pass items due to Capitol Hill partisanship, heightened by midterm elections and the Obama administration's conflicting signals to Congress.
Representative Jeb Hensarling wrote a scathing letter to Jay Timmons, president of the National Association of Manufacturers, and James McNerney, chairman of Boeing, referring to reports they were visiting lawmakers to promote the reauthorization of the bank.
WASHINGTON, July 21- A Republican House committee chairman scolded Boeing Co and a large U.S. trade group on Monday for lobbying to keep the Export-Import Bank alive, saying their efforts amounted to petitioning for "special privilege."
*Russia say says Ukrainian jet tracked airliner. MOSCOW, July 21- Russia's Defense Ministry on Monday challenged accusations pro-Russian rebels were to blame for shooting down a Malaysian airliner and asked the United States to produce satellite images to support its assertions.
*Lockheed Martin, Airbus and Boeing are still in the race. COPENHAGEN, July 21- Swedish defense company Saab has dropped out of a tender to supply Denmark with up to 30 fighter jets, the Danish Defense Ministry said on Monday, confirming an earlier report.
European leaders called for imposing tougher sanctions on Russia for its backing of separatists accused of shooting down a Malaysia Airways passenger plane in Ukraine last week. In Washington, President Barack Obama demanded that international investigators get full access to the crash site and said the separatists had blocked investigators.
Groeneveld said the Navy was still reviewing lessons learned from the exercise, which took place aboard the USS Carl Vinson off the coast of southern California. The exercise could help Navy officials make the case for adding EA-18G Growlers to the five planes now slated to go on each of the Navy's 11 aircraft carriers in coming years.
Stocks surged on Friday, reversing a sizable portion of the prior day’s losses. Where's the opportunity in the market?
BERLIN/ GENEVA, July 18- As international investigators head to rebel-held eastern Ukraine to piece together what, and who, caused a Malaysian airliner to plunge into the steppe, securing evidence in the middle of a war zone is a major challenge.
Skeptics are questioning if any further information U.S. investigators could gather from the MH17 site in Ukraine is worth the risk.
CNBC's Phil LeBeau reports the latest details on the crash of Flight MH17.
The West could hit Russia with even tougher sanctions if the Malaysia Airlines passenger plane was shot down by separatist rebels.
The gains wiped out much of the market's losses from the day before, when the downing of a Malaysian Airlines passenger jet in eastern Ukraine stirred concerns that tensions between Russia and the West could escalate. Israel's launch of a ground offensive into Gaza also stoked geopolitical uncertainty.
Ukraine and the pro-Russia separatists fighting in the region denied any responsibility for downing the aircraft.