The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
The reliability of Boeing's pioneering 787 Dreamliner jet is improving but is still not satisfactory, Mike Fleming, Boeing's vice president for 787 support and services said on Friday.
The Dreamliner's reliability rate is now around 98 percent, meaning that two out of every 100 flights is delayed, which is above the 97 percent reported in October but still short of the firm's target, Fleming told a news conference in Oslo where Norwegian Air Shuttle ASA, one of his most troubled customers, is based.
"I'll tell you that's not where we want the airplane to be, we're not satisfied with that reliability level of the airplane," Fleming said.
(Read more: )
"The 777 today flies at 99.4 percent ... and that's the benchmark that the 787 needs to attain.
"We introduced the 777 in 1995 and it was in the 1999 time frame that we saw sustained performance over 99 percent in that fleet...to get the fleet above 99 percent you have to keep working every day, so my guess is that it will be similar to what we had with the 777," he added.
Norwegian Air Shuttle, the only European budget carrier to fly long haul, has been plagued by problems with its first three Dreamliners with a series of breakdowns last year leaving passengers stranded.
(Read more: No small warning: Minicars not good in crash tests)
The Dreamliner was supposed to be a game-changer for the aviation industry as its lighter body and sophisticated engines cut fuel consumption by 20 percent.
But it has been beset by problems including a battery fire that grounded all 787s in service for three months last year and forced Boeing to re-design the innovative lithium-ion battery and enclose it in a stainless steel containment box capable of withstanding an explosion. It also equipped the battery with a metal exhaust tube to vent fumes and gases outside the jet if the battery were to overheat.
Although the batteries have worked reliably since then, this month Japan Airlines' maintenance crew noticed white smoke coming from the main battery of a Dreamliner, with a cell found to be showing signs of melting just two hours before the plane was due to fly.
"We recently had a single-cell failure in a battery on another customer's airplane and we didn't get propagation of that to other cells, other cells continued to function," Fleming said. "The containment box worked as supposed to and the vapour vented overboard as supposed to."
But Fleming said the battery has not suffered an in-flight failure since the redesign and Boeing could still change the battery's design based on the conclusions of the investigation into the latest incident.
"We didn't assume we would never have another cell failure. We always assume we're going to have a failure and we design the airplane with a redundancy," Fleming said.
Other issues on the Dreamliner still facing Boeing include the reliability of flight controls, particularly for the wing spoilers, brakes and electrical power components.
Fleming said any compensation issue with Norwegian Air would be discussed privately but the plane maker takes responsibility for the technical faults.
(Read more: Summers: Fix U.S. economy? Try fixing JFK)
"When our airplane breaks and our service doesn't deliver on what it's supposed to, we take responsibility," he said.