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Boeing Co

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  • WASHINGTON, July 6- Loss of U.S. Export-Import Bank financing would put Boeing Co at a "huge competitive disadvantage" since its rivals still have access to such financing support, the head of the company's commercial aircraft division told reporters on Monday. Ray Conner, president of Boeing Commercial Airplanes, said Boeing was seeking to reassure its...

  • WASHINGTON, July 6- Loss of Export-Import Bank financing would put Boeing Co at a "huge competitive disadvantage" since its rivals continue to have access to such financing support, the head of the company's commercial aircraft division told reporters on Monday. Ray Conner, president of Boeing Commercial Airplanes, said Boeing was seeking to reassure its...

  • WASHINGTON— New personal financial disclosures from the Supreme Court show that Chief Justice John Roberts and two other justices are maintaining significant investments in individual companies' stock. Breyer was forced to sit out a patent case in the spring that involved Cisco Systems, Inc., because he owns up to $100,000 in Cisco stock.

  • SEATTLE, July 1- Boeing Co raised list prices for its jetliners by 2.9 percent on Wednesday, citing a range of costs that go into making the planes. The cheapest Airbus plane, the single-aisle A318, now lists for $6.3 million less than the least expensive Boeing plane, the 737-700, which lists for $80.6 million. At the top end, the largest Airbus plane, the A380, lists for...

  • WASHINGTON, June 30- U.S. exporters large and small scrambled on Tuesday to urge foreign customers not to abandon deals supported by the U.S. Export-Import Bank, which will be forced to halt new business at midnight as its charter expires. Companies affected range from giants including aircraft maker Boeing Co and General Electric Co to small exporters of...

  • WASHINGTON, June 30- President Barack Obama said on Tuesday that the U.S. Congress "is taking a step backward" by failing to renew the charter for the Export-Import Bank and instead letting it lapse at midnight. "He said the White House would be working hard to get this corrected," said Don Nelson, president of Pro-Gauge Technologies Inc., a Bakersfield, California,...

  • WASHINGTON, June 30- The U.S. Export-Import Bank will stop new loans and insurance activities at midnight on Tuesday, the White House said in a statement, a lapse it said could hurt exports and jobs and benefit rivals such as China. "When Ex-Im lapses, China and other foreign rivals will pick up the slack, putting American businesses and American workers at a...

  • 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...

  • Gunmen kill at least 37 people on beach in Tunisia Friday, 26 Jun 2015 | 3:57 PM ET
    Sousse, Tunisia

    Gunmen opened fire on a beach popular with tourists in Tunisia on Friday, killing at least 37 people, NBC News reports.

  • Inside the battle to build America's next bomber Friday, 26 Jun 2015 | 1:07 PM ET
    An artist's concept of Northrop Grumman's Long Range Strike Bomber.

    In the coming weeks, the U.S. Air Force will announce the biggest defense deal of the decade.

  • 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.