Stocks fell Wednesday amid a bleak outlook for corporate earnings made worse by a profit warning from United Parcel Service, more signs of weakness in the financial services sector and a surge in oil prices.
The Boeing Co. delayed its 787 jetliner program again, pushing back its expected debut in commercial service to the third quarter of 2009 as it continues grappling with problems involving its supply chain and the need to redo work done by contractors
U.S. stocks opened lower Wednesday as investors absorbed a disappointing report on the nation's economy and awaited the Federal Reserve's latest rate-cut decision.
U.S. stock futures fell Wednesday after a reading on economic growth came in much weaker than expected and investors grew nervous ahead of the Federal Reserve's decision on interest rates.
Airbus' new A380 "superjumbo" hauled its gargantuan frame off the tarmac and into the skies this week and began its 7½-hour maiden commercial flight from Changi Airport in Singapore to Sydney International Airport in Australia.
Stocks fell Wednesday amid a bleak outlook for corporate earnings made worse by a profit warning from United Parcel Service, more signs of weakness in the financial services sector and a surge in oil prices.
The Boeing Co. delayed its 787 jetliner program again, pushing back its expected debut in commercial service to the third quarter of 2009 as it continues grappling with problems involving its supply chain and the need to redo work done by contractors
U.S. stocks opened lower Wednesday as investors absorbed a disappointing report on the nation's economy and awaited the Federal Reserve's latest rate-cut decision.
U.S. stock futures fell Wednesday after a reading on economic growth came in much weaker than expected and investors grew nervous ahead of the Federal Reserve's decision on interest rates.
Airbus' new A380 "superjumbo" hauled its gargantuan frame off the tarmac and into the skies this week and began its 7½-hour maiden commercial flight from Changi Airport in Singapore to Sydney International Airport in Australia.
Singapore Airlines on Monday became the first customer to take delivery the Airbus A380, the world's largest passenger jet, in what the airline's chief executive called "a dream come true."
Until this week, Boeing's 787 Dreamliner had been living up to its name. Orders had been flooding in, the aircraft was packed with technological firsts, it promised to carry its passengers faster and further and use 20 per cent less fuel to cut carbon emissions.
The Dow slipped Wednesday, one session after hitting an all-time high, but the Nasdaq managed to rise, ending at its highest level in more than six years.
The Dow cut its losses late Wednesday afternoon, but remained under pressure one day after ending at an all-time high, due to Alcoa's earnings miss and other dour corporate news.
The Dow dropped about 140 points Wednesday afternoon, one session after ending at an all-time high, as investors eyed component Alcoa's earnings miss and a big setback for Boeing.
The Dow dropped about 100 points Wednesday afternoon, one session after ending at an all-time high, as investors eyed component Alcoa's earnings miss and a big setback for Boeing.
Boeing Co. on Wednesday reported a higher-than-expected second-quarter profit and raised its full-year forecast as it ramped up delivery of its hot-selling commercial planes, sending its stock to an all-time high.
Stocks posted modest gains Monday, just missing new record highs, as weary traders eyed the upcoming earnings reports, which began after the closing bell with Alcoa.
The Boeing 787 Dreamliner is aptly named. When it lifts off the runway at PAE Paine Field in Everett, Wash. for its first test flight this summer, it will carry the dreams of more than 900 small subcontractors that helped create it. With 584 copies on order as of June, it's the fastest-selling new plane in the history of commercial aviation and will keep Boeing and its suppliers busy for a decade or longer.
Stocks posted modest gains Monday after a big runup last week as weary traders eye the rising tide of earnings reports, which begin after the closing bell with Alcoa.
Stocks posted modest gains Monday, resting after a big runup last week as weary traders eye the rising tide of earnings reports, which begin after the closing bell with Alcoa.
Boeing Co. unveiled its lightweight, carbon-composite 787 Dreamliner Sunday in front of 15,000 cheering employees, customers and suppliers, capping a weekend of hype and a flurry of orders for the new fuel-efficient plane.
Stocks struggled Monday, resting after a big runup last week and weary as traders eye the upcoming earnings reports, which begins after the closing bell.
Stocks turned mixed Monday, with the Dow struggling to keep gains, but the other major gauges slipping, as traders tried to stay positive ahead of what they hope will be a healthy earnings reporting period.
Stocks gained early Monday as a smattering of positive corporate news set the tone for the start of what traders hope will be a healthy earnings reporting period.
The eyes of the aviation industry will be on the 787 Dreamliner's unveiling on Sunday but is the fastest selling airliner in history ready for its close-up?
Hong Kong property firm Chinese Estates Holdings Ltd. is in talks with investors on a possible buyout of the firm, valued at more than $4 billion, sending its shares up as much as 30 percent to a record high.
Delta Air Lines Inc. is poised to start replacement of its widebody fleet, and will likely decide by the end of the year whether to go with Boeing Co.'s popular 787 Dreamliner or the Airbus A350 XWB, a top Delta executive said at the Paris Air Show.
The head of Boeing Co.'s commercial aircraft unit Sunday backed a call by rival Airbus to work closely on producing more environmentally friendly planes, but said real progress was the responsibility of jet-engine makers, rather than plane builders.
Virgin Atlantic has joined the growing band of airlines snapping up the Boeing 787 Dreamliner. At a press announcement on Tuesday the airline's chairman Sir Richard Branson also indicated that Virgin aims to be the first airline to power its aircraft with alternative fuels.
The world's largest airliner, the Airbus A380 superjumbo, was declared Tuesday safe to fly commercial services, capping six years of development marred by delays in deliveries to airlines.
[HIT] Round numbers. If you're looking for good product placement, how can you beat a four-week event watched by a billion people worldwide? Easy--by having your product be the thing all 2 billion ...
U.S. stock markets were pointing to a flat open Tuesday as higher oil and global tension were being balanced by better than expected earnings results from some blue chip companies.
Industrial and aerospace conglomerate Honeywell International Inc. said Wednesday it expects earnings to increase by up to 30 percent in 2006 on the back of robust aircraft demand.
Speculating on how we're going to be living in 2020 is best left to the futurists and to science fiction; instead, TIME's "What's Next?" feature offers a sneak peak at the technologies that are just around the corner, and at the trends, events and people that will matter in 2006. And it explores how some of America's finest minds contemplate and plan for the immediate future.
China plans to sign a deal next month to buy 50 Boeing 787 Dreamliner jetliners in a deal worth $6 billion (€4.5 billion), the official Xinhua News Agency reported Friday.
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