India's biggest companies are pouring billions into manufacturing guns, ships and tanks, buoyed by the government's commitment to upgrade its armed forces.» Read More
On a day when the Dow opened 200 points lower, turned positive, then turned down again, many investors are left perplexed. Major events almost always present an opportunity to make money, but how do you play this? What’s your move when markets go wild?.
In a statement, UPS said it decided to cancel after Airbus halted development work on the freighter to focus on delivery commitments for the A380 passenger plane.
Boeing won orders for 51 commercial jets in February, worth about $8 billion at list prices, doubling its tally from the same month last year and making up for a relatively small number in January.
The board of Airbus parent EADS approved a restructuring plan for the troubled European aircraft maker Monday, breaking a weeklong deadlock over job cuts and future jet programs between France and Germany.
The U.S. Government Accountability Office on Monday sustained a protest filed by Lockheed Martin and Sikorsky Aircraft, a unit of United Technologies, against a $15 billion helicopter contract awarded to Boeing last year.
Airbus' major restructuring strategy includes 10,000 job cuts, French Prime Minister Dominique de Villepin said Tuesday, adding that his government will oppose any cutbacks in the form of layoffs.
Airbus said Monday it postponed a news conference at which it had been expected to announce its long-awaited restructuring strategy.
Shares of American Airlines' parent AMR rose Friday after a media report that the company may attract a takeover bid from Goldman Sachs and British Airways.
Boeing is looking to revive its commercial satellite business, in part by introducing a smaller, more flexible line of spacecraft, the Wall Street Journal reported on Friday.
The Dow Jones Industrials closed at another record high as positive momentum trumped a weak manufacturing report. "The markets are floating on a sea of liquidity, but the real driver of this market is the increasing risk appetite of investors." Jeffrey Saut, Chief Investment Strategist at Raymond James, told CNBC.com.
There’s no question that the DUI arrest of US Airways Chief Executive Douglas Parker last month is making headlines in a way that probably wouldn’t have happened in decades past. CEO’s are no longer private citizens, and media scrutiny of corporate America has turned some of them into celebrities. Although the buck stops at the corner office, where....
The Chicago-based company tweaked its 767 design to improve fuel efficiency, among other factors, in hopes of beating rival Northrop Grumman.
The Dow Jones Industrial Average closed fractionally higher, helped by strength in Wal-Mart and Boeing, but the broader market failed to gain traction.
United Parcel Service said it ordered 27 Boeing 767-300ER freighter aircraft, worth about $3.8 billion at list prices.
U.S. stocks may have more room to run, but analysts say it might be wise to buy on the dips as the market looks for the next big catalyst to move it forward.
Stocks staged a late-afternoon rally after the Federal Reserve signaled that the outlook for inflation has improved while the economy continues to grow at a moderate pace.
Boeing said fourth-quarter profit more than doubled, easily beating analyst expectations, as it delivered more commercial aircraft than in the year-earlier quarter and its defense unit posted record sales.
Stocks in the U.S. are pointing lower this morning. The Fed's statement, important economic data and earnings could all drive the markets today. President Bush speaks on the economy on Wall Street and Treasury Secretary Hank Paulson appears before Senate Banking on the Chinese currency issue.
British Airways said on Monday a 48-hour strike by cabin crew members of its largest union had been cancelled, although it still expected disruptions for thousands of passengers this week.
Ford Motor Co. had the worst year in its 103-year history in 2006. The automaker lost $5.8 billion in the fourth quarter alone – and lost $12.7 billion on the year. Yet CEO Alan Mulally - who came to Ford after overhauling aerospace giant Boeing - is reportedly considering paying bonuses to some of Ford’s managers, even as the company seeks concessions from its unions and predicts more losses this year.