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Boeing Co

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  • SEOUL, South Korea— South Korea said Tuesday that it has decided to buy four military airborne refueling tankers from European aerospace giant Airbus Defense and Space for $1.3 billion. Airbus edged out bids from the U.S. Boeing Co. and Israel Aerospace Industries in the competition to provide South Korea its first such tanker aircraft, Seoul's Defense...

  • SEOUL, June 29- South Korea's Asiana Airlines Inc is facing a new class action suit from passengers on a plane that crashed in San Francisco in 2013 that seeks a combined $30 million in damages, a lawyer for the passengers said. Previous lawsuits, including compensation claims brought by 72 passengers that were later settled for an undisclosed amount, were...

  • CAPE CANAVERAL, Fla.- An unmanned Space Exploration Technologies rocket exploded about two minutes after liftoff from Florida on Sunday, destroying a cargo ship bound for the International Space Station in the latest in a string of mishaps in supplying the orbiting outpost. Those included six cargo runs for NASA under a 15- flight contract worth more than $2...

  • Cramer Remix: These oil stocks look cheap Thursday, 25 Jun 2015 | 7:26 PM ET
    Jim Cramer

    Looking for an oil stock to buy? “Mad Money” host Jim Cramer may have something for you.

  • Cramer: All eyes on earnings! What to expect in Q2 Thursday, 25 Jun 2015 | 6:21 PM ET
    A worker walks near a 747-8 airplane at the Boeing factory in Everett, Wash.

    Jim Cramer prepares investors for earnings season in July by recapping progress, and stocks he'll be watching.

  • Congress this week gave Obama "fast-track" power to speed the agreement through Congress. Microsoft Corp, International Business Machines Corp, AT&T Inc and Intel Corp see exports of digital services, such as software and technology consulting, rising in Asian markets. The deal would eliminate a 25 percent tariff on pickup trucks made in Japan and southeast...

  • June 25- Norwegian Air Shuttle ASA on Thursday announced flights between the United States and two islands in the French Caribbean, hinting that more routes and heightened competition with U.S. carriers are to come. Bilateral agreement allows Norwegian to fly between the United States and any point in European Union territory. Norwegian has expanded rapidly...

  • Detroit, June 24- General Motors Co is developing technology to allow new features to be downloaded wirelessly, the automaker's head of vehicle development said on Wednesday. Reuss, meeting with reporters in Detroit, did not lay out a specific timetable for deploying the new, upgradeable electrical and data systems, but indicated it would be soon.

  • America's top states for innovation in 2015 Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States Technology and Innovation

    These 10 states lead the nation in tech investment, patents and research, which has helped reinvigorate their local economies.

  • June 24- Boeing Co said on Wednesday it would slow production of its 747-8 jumbo jet to one per month from March in an effort to keep the production line running amid sluggish demand for the iconic, humped-top plane. The plane maker is currently building 747 s at a rate of 1.5 a month, and had already announced plans to reduce the rate to 1.3 a month from September.

  • Boeing says to slow production of 747 jetliner Wednesday, 24 Jun 2015 | 2:11 PM ET

    June 24- Boeing Co said it would slow production of its 747-8 jumbo jet to one a month starting from March. "With recent orders and commitments, along with these changes announced today, we anticipate a stable future for the 747 production system," Bruce Dickinson, vice president and general manager of the 747 program, said in an internal company report.

  • When she visits New York on Monday, President Dilma Rousseff will have a tough time convincing Wall Street her weakened government can pull Brazil out of a stall and save the once-booming nation's investment-grade credit rating. While many U.S. companies are still betting on Brazil's long-term growth prospects given the huge potential for the nation of 200...

  • How the Dow closes in on 20,000 Wednesday, 24 Jun 2015 | 10:01 AM ET
    A trader works on the floor of the New York Stock Exchange.

    USA Today calculates what it would take to vault the Dow 1,268 points higher to a new high of 20,000.

  • Early movers: LEN, NFLX, MKC, WFM, FCX & more Wednesday, 24 Jun 2015 | 7:56 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • Boeing names Dennis Muilenburg new CEO Wednesday, 24 Jun 2015 | 7:11 AM ET
    Boeing names Dennis Muilenburg new CEO

    CNBC's Phil LeBeau reports on the departure of Jim McNerney after 10 years at the helm of the aircraft manufacturer, and weighs in on expectations from its new CEO Dennis Muilenburg.

  • New Boeing CEO steps in Wednesday, 24 Jun 2015 | 7:00 AM ET
    New Boeing CEO steps in

    Jim McNerney announces he's stepping down as Boeing CEO.

  • Why Alibaba and Best Buy set up shop in Washington Wednesday, 24 Jun 2015 | 6:55 AM ET

    Washington Gov. Jay Inslee gives his take on why companies like Alibaba, HBO and Apple have set up shop in his state.

  • Boeing replacing CEO Jim McNerney Wednesday, 24 Jun 2015 | 6:17 AM ET
    Boeing replacing CEO Jim McNerney

    Boeing is tapping current president and COO Dennis Muilenburg to take the top spot at the aircraft manufacturer. Carter Copeland, Barclays aerospace analyst provides Street reaction.

  • WASHINGTON— Congressional Republicans are poised to deal a sharp blow to their traditional allies in the business community by allowing the federal Export-Import Bank to go out of business at the end of the month. Over the past year it's also become a surprising test of GOP purity, as tea party-backed lawmakers and outside conservative groups have denounced...

  • SEATTLE, June 23- Boeing Co said Tuesday that President Dennis Muilenburg will take over as chief executive officer July 1, a transition that comes as the aerospace giant tries to keep pace with an historic boom in the commercial jet market and build its defense business amid tight military budgets. Muilenburg, 51, will succeed 65- year-old Jim McNerney, who...