WICHITA, Kan.— Spirit AeroSystems announced a $1 billion expansion Wednesday that will bring 1,000 new jobs to its aircraft manufacturing plant in Wichita, a move officials say reflects significant growth for the company and the aviation industry in general. Jeff Colyer touted the announcement as one of the most important for the state in years.
The U.S. ambassador to China has defended President Donald Trump's stance towards the Asian nation during his recent visit, amid criticism that the U.S president was too soft on trade imbalances between the two superpowers.
MBF Trading CEO Mark Fisher discusses his new ETF, called the Essential 40 Stock Index.
Japan Airlines is investing $10 million in supersonic start-up Boom and options planes that would cut flight time in half.
The "Halftime Report" traders take investors through some of the day's biggest movers.
Under tax reform, defense firms such as Raytheon and Northrop Grumman would be among the "top beneficiaries," says Baird analyst Peter Arment.
Wall Street doesn't appreciate Boeing's "production sweet spot," which should carry core earnings and cash flow through 2020, wrote Cowen.
The Dow Jones industrial average is making 1,000- point gains look easy. After closing at 20,000 on Jan. 25, the Dow roared to 24,000 in 10 months. The biggest gains went to 3 M and health insurer UnitedHealth, which both reported strong third-quarter results in October.
Six high-priced stocks accounted for more than 600 points of the Dow's 1,000-point gain.
Airbus' technology head Paul Eremenko will leave to join rival, a blow as Airbus tries to overhaul its strategy.
The current sales chief for the plane maker's commercial division will retire in April.
The new Boeing MD-10 has been converted into a working hospital by charity Orbis International.
Some of the names on the move ahead of the open.
Saudi Arabia has agreed to buy about $7 billion worth of precision-guided munitions from U.S. defense contractors, sources familiar with the matter said.
Alibaba-owned e-commerce website Taobao just saw two of its biggest auctions close on Tuesday.
Jefferies analyst Sheila Kahyaoglu increases her price target on shares of Boeing, citing strong demand.
Jim Cramer shared his thoughts on the top 15 stocks big investors are buying into year-end, including Alibaba, Apple and Amazon.
The U.S. military can thank battery pioneers such as Tesla for helping to make laser weapons smaller and more efficient, say experts.
The industry giants traded blows in the fight to sell new planes.
CNBC looks back at what grabbed the headlines at the biannual trade fair.