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  • NEW YORK, Aug 30- Berkshire Hathaway Inc's $37 billion deal for aerospace supplier Precision Castparts Corp is encouraging investors to consolidate the fragmented aircraft components industry, even as Boeing Co uses its clout as the world's biggest plane maker to put a check on some deals. Private equity and strategic buyers have been pouring into the sector,...

  • WASHINGTON, Aug 27- The U.S. government has approved Britain's request to have 50 of its older model Apache helicopters refurbished and upgraded by Boeing Co and other U.S. companies, a deal valued at around $3 billion, the Defense Department announced on Thursday. The Pentagon's Defense Security Cooperation Agency, which oversees foreign arms sales, notified...

  • Aug 27- Boeing Co said on Thursday it has determined the basic design of its 777-9 jetliner, a key milestone in developing the plane that suggests the company is on schedule to deliver the first of its new family of long-range 777 X jets by 2020.. "The program is right where we want it to be," said Bob Feldman, who heads the 777 X program. Boeing is using new automated...

  • Boeing finalizes blueprint for 777X aircraft Thursday, 27 Aug 2015 | 9:37 AM ET

    Aug 27- Boeing Co said it finalized the blueprint for the development of 777-9, the first member of the 777 X aircraft family to be developed. Boeing said on Thursday it had completed the firm configuration milestone for the aircraft, marking the completion of configuration trade studies required to finalize its capability and basic design.

  • Best Buy and DSW are big market movers Tuesday, 25 Aug 2015 | 4:37 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Best Buy Co., up $3.68 to $32.95. Exelon Corp., down $2.24 to $30.40.

  • 5 reasons China's woes are shaking the markets Tuesday, 25 Aug 2015 | 1:32 PM ET
    Investors observe the stock market at an exchange hall in Hangzhou, Zhejiang Province of China.

    China contributes 15% to global GDP, and is a major importer from emerging markets. No wonder its meltdown is having ripple effects.

  • China cuts interest rates for fifth time in 9 months Tuesday, 25 Aug 2015 | 10:04 AM ET
    A man walks past the People's Bank of China headquarters in Beijing.

    China cut its 1-year lending rate to 4.6 percent and lowered its reserve requirements for banks on Tuesday, in an effort to boost its slowing economy.

  • *Shanghai index crashes through key 3,000- point level. *RRR cut unleashes 650 billion yuan into economy- analyst. SHANGHAI, Aug 25- China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent...

  • Early movers: BBY, DSW, AAPL, TOL & more Tuesday, 25 Aug 2015 | 7:39 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Boeing prepares for layoffs Tuesday, 25 Aug 2015 | 6:00 AM ET
    Boeing prepares for layoffs

    Boeing workers brace for layoffs in the satellite business.

  • *Japan Finance Minister Aso says China equity bubble bursting. SHANGHAI, Aug 25- Chinese stocks tumbled again on Tuesday, despite a rebound in markets elsewhere in Asia, as investors despaired at the lack of policy action from Beijing in response to recent data suggesting the downturn in the world's second-largest economy is deepening. China, one of the main...

  • WASHINGTON, Aug 24- U.S. Air Force Secretary Deborah James on Monday said a contract for a new long-range bomber would be awarded soon, and the project would not be considered a "new start" program that could be halted if Congress fails to pass a budget for fiscal 2016.. Northrop Grumman Corp, maker of the B-2 bomber, is competing against a team made up of Boeing Co and...

  • WASHINGTON, Aug 24- Boeing Co on Monday told its workers that it expected to cut as many as "several hundred" jobs in its satellite business through the end of 2015 due to a downturn in U.S. military spending and delays in commercial orders. Multiple commercial orders were being delayed by recent failures of launch vehicles and uncertainties about the future...

  • WASHINGTON, Aug 24- U.S. Air Force Secretary Deborah James said on Monday no decision had been made yet on awarding a contract for a new long-range strike bomber. "The long-range strike bomber contract is to be awarded soon," she said at a news conference. Northrop Grumman Corp, maker of the B-2 bomber, is competing against a team made up of Boeing Co and Lockheed Martin...

  • Dow, Nasdaq plunge 3% into correction Friday, 21 Aug 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed deep in the red as global growth concerns accelerated selling pressure to push the Dow and Nasdaq into correction territory.

  • Aug 21- Boeing Co remains on track to meet production targets it has set for its 737 MAX jetliner, a company spokesman said on Friday following a report on industry concerns that slow output at supplier GKN PLC could cause delays. The Chicago- based aircraft maker expects to roll out the first 737 MAX before the end of 2015, fly it in early 2016 and deliver it to...

  • Lightning hits Delta plane as it waits to take off Friday, 21 Aug 2015 | 9:06 AM ET
    Delta Airlines planes sit at Terminal 4 at John F. Kennedy Airport in New York.

    Jack Perkins was filming when a bolt of lightning struck a Delta Boeing 737 while it was parked on the taxiway, USAT reports.

  • Qantas: Excited about new Dreamliners fleet Wednesday, 19 Aug 2015 | 9:12 PM ET
    Qantas: Excited about new Dreamliners fleet

    Alan Joyce, CEO of Qantas, says the purchase of eight Boeing 787-9 Dreamliners is a "highly desirable" move which will help the airline to open up new markets.

  • Qantas makes super-fast turnaround to profit Wednesday, 19 Aug 2015 | 8:26 PM ET

    Qantas Airways posted one of the quickest turnarounds in Australian corporate history, with a return to full-year profit.

  • *Underlying profit of A $975 mln vs loss of A $646 mln. SYDNEY, Aug 20- Qantas Airways Ltd posted one of the quickest turnarounds in Australian corporate history on Thursday with a return to full-year profit and announced it will exercise options to buy eight Boeing Co 787-9 Dreamliner jets. That was slightly under analyst consensus for a A $982 million profit but a...