Malaysia Airlines' crashes are worrying insurers — their policy is missing a clause that limits insurers' payments for search-and-rescue costs.» Read More
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.
*Ukraine says rebel missile shoots down Boeing 777 with 298 aboard. HRABOVE, Ukraine, July 18- The United States believes a surface-to-air missile brought down a Malaysian airliner that crashed in eastern Ukraine on Thursday, killing all 298 people on board, an incident that sharply raises the stakes in a conflict between Kiev and pro- Moscow rebels.
Both the Ukrainian government and the pro-Russia separatists fighting in the region denied any responsibility for downing the aircraft.
The downing of an airliner over Ukraine brought immediate condemnation of Russia, and it's likely to get stronger.
News of Malaysian Air 17's crash in Eastern Ukraine sent a ripple effect through the markets, says "Fast Money" trader Jon Najarian.
FARNBOROUGH, England, July 17- Traditionally companies which have guarded their secrets closely, arms makers are opening up to partnerships and technology sharing to meet the demands of overseas buyers they need to offset budget cuts at home.
A Boeing executive says space exploration must be resold to the public in these days of tight budgets and declining interest.
John Elbon, Boeing VP and General Manager for Space Exploration, says the space industry needs to do a better job explaining the benefits of investing in space exploration.
FARNBOROUGH, England— Airbus beat rival Boeing in the aircraft order stakes at this year's Farnborough International Airshow, garnering nearly twice as many orders and commitments. Though Airbus clinched more deals at Farnborough, Boeing insisted that it has won more in the year to date.
*Airbus, Boeing offer cheaper options than scrapped Nimrod. FARNBOROUGH, England, July 17- Two high-profile sea searches have exposed a shortfall in Britain's maritime patrol capabilities, raising hopes at rival planemakers Airbus and Boeing that they could soon be fighting over a multi-billion dollar contract.
A Boeing passenger jet carrying 295 people crashed in Ukraine on Thursday, unleashing a flurry of headlines and rumors. Here's what you need to know about Malaysia Airlines flight MH17.
DALLAS— United Airlines is defending the poisoning of birds at Houston's biggest airport, saying it was done for health and safety reasons. The bait manufacturer, Avitrol Corp., says a lethal dosage causes birds to show distress— including alarm cries and trembling— that frightens away other birds.
CAPE CANAVERAL, Fla., July 16- The U.S. Air Force released the first of up to eight solicitations for space launch services outside of its controversial, exclusive, multibillion-dollar agreement with United Launch Alliance, a partnership of Lockheed Martin and Boeing.
"The Navy could probably accept some slower deliveries, but my marching orders are not to do that at any additional cost to us," Captain Frank Morley, who heads the F/A-18 and EA-18G program for the Navy, said at the Farnborough air show.
Boeing fell $1.72 or 1.3 percent, to $127.38. Lockheed Martin Corp. fell$. 87 or. 5 percent, to $161.75. Northrop Grumman Corp. fell$. 08 or. 1 percent, to $123.07.
Boeing fell $1.23 or 1.0 percent, to $127.87. Lockheed Martin Corp. fell$. 97 or. 6 percent, to $161.65. Northrop Grumman Corp. fell$. 25 or. 2 percent, to $122.90.
After a year of success, concerns about whether or not the aviation business cycle peaked put Boeing's stock in a trying position.