In a blow to GE’s (NYSE: GE) huge jet engine division, The National Transportation Safety Board issued two urgent safety recommendations to the Federal Aviation Administration (FAA) regarding two recent occurrences in which…
This proposed merger between EADSÂ and BAE is going to be more than complicated. Frankly, we also wonder about the legality of such a merger and wonder how other defense and aerospace firms…
Boeing Co. (NYSE: BA) and other aerospace and defense contractors like Lockheed Martin Corporation (NYSE: LMT) and General Dynamics Corp. (NYSE: GD) could have some even larger competition to fend off. We…
German automaker Daimler plans to sell about half its 15% stake in European Aeronautic Defence & Space Co. (EADS) to German bank KfW Bankengruppen by the end of this year. Daimler controls…
Paul Ausick Boeing cockpitThe demand for new civilian passenger and freight aircraft in the 2012-2031 time frame promises to double the existing fleet at a cost of about $4 trillion over the 20-year period.…
Paul Ausick One of the few female Fortune 500 CEOs left her job recently. Poor stock performance and lackluster earnings led Angela F. Braly to resign at WellPoint Inc. (NYSE: WLP). The company has some 33…
Douglas A. McIntyre Apple Inc. (NASDAQ: AAPL) pushes for a ban on eight Samsung phones. (Reuters) Best Buy Co. Inc. (NYSE: BBY) will allow former chairman Richard Schulze to review its books with an eye…
In a new report from the Congressional Research Service, written by Richard F. Grimmett and Paul K. Kerr, the agency said that U.S. arms exports reached $66.3 billion, according to an account in The…
While most of the 30 stocks on the Dow Jones Industrial closed in the red yesterday, Kraft Foods Inc. (NASDAQ: KFT) and Pfizer (NYSE: PFE) bucked that trend. Kraft climbed 0.71%, according…
A South Korean court awards patent victories to both Apple Inc. (NASDAQ: AAPL) and Samsung in a patent dispute. The judges add that Samsung did not violate key iPhone design property. (Reuters)…
Boeing Co. (NYSE: BA) is leading the Dow Jones Industrial Average lower this morning after its shares are being hit due to an order cancellation by Australia’s Qantas Airways. The order was…
The recovery and consolidation of the airline industry since the recession has helped the sales of both Boeing Co. (NYSE: BA) and Airbus. But the momentum has started to shift the other…
Douglas A. McIntyre Best Buy Resumes Talks with Founder Even with a new CEO on the way, the Best Buy Co. Inc. (NYSE: BBY) board continues to hedge bets about the firm’s future. Founder Richard…
The Federal Reserve signals it may ease monetary policy as early as next month. (Reuters) HSBC China PMI estimates hit a multimonth low at 47.8, down from 49.3 in July. (Reuters) Hewlett-Packard…
Workers in the aerospace industry are concerned about potential military cuts at the end of this year. (Reuters) Best Buy Co. Inc. (NYSE: BBY) says that founder Richard Schulze turned down an…
