Boeing profit slumps 53% as MAX crisis deepens
Boeing Co cut production of its flagship Dreamliner and delayed the arrival of a successor to its 777 mini-jumbo, piling new pressures on a rejigged...
Spirit Airlines close to agreeing major Airbus order: sources
U.S. budget carrier Spirit Airlines is close to agreeing a provisional deal to order as many as 100 single-aisle aircraft worth up to $12 billion...
Head of international 737 MAX review, NTSB chair to testify before Senate
The chair of a panel of international regulators that harshly criticized the Federal Aviation Administration’s certification of the now grounded Boeing 737 MAX will testify...
Kraft Heinz sees potential in baby food, will keep Plasmon
Global packaged food group Kraft Heinz Co will keep baby food line Plasmon and plans to leverage its ‘Made in Italy’ credentials to expand the...
General Dynamics profit rises but headwinds for jets in fourth-quarter send shares lower
Gulfstream jet deliveries helped General Dynamics Corp report a 7.3% rise in quarterly profit on Wednesday, but shares fell as much as 4% after company...
Wall Street opens mixed as Boeing offsets weak earnings reports
U.S. stocks opened mixed on Wednesday as Boeing rose after reaffirming the timeline for its grounded 737 MAX’s return to service, countering losses from Caterpillar...
General Dynamics profit rises 7.3% on higher Gulfstream deliveries
Higher deliveries of Gulfstream jets boosted revenue at U.S. aerospace and defense company General Dynamics Corp , which reported a 7.3% rise in quarterly profit...
Wall Street eyes subdued open as Caterpillar, Texas Instruments disappoint
Wall Street headed for a flat open on Wednesday, after earnings from industrial bellwether Caterpillar and chip major Texas Instruments kept investors on edge over...
Snap rises as Wall Street embraces profitability promise
Shares of Snap Inc reversed initial losses following Tuesday’s results, rising 4% in early trade as analysts focused on strong third-quarter numbers rather than a...
Futures drop as Caterpillar, Texas Instruments weigh
Wall Street was set to open lower on Wednesday after warnings from Caterpillar and Texas Instruments rekindled worries about a global economic slowdown due to...