Increasing violence in Libya caused oil prices to rise and stocks to fall 80 points to close at 12,090 on Monday. It didn’t help that a Wells Fargo analyst also downgraded the semiconductor industry, sending shares of Intel dow…
Aerospace is an intensely nationalist business. But not only do aircraft makers get tied up in international political dogfights, such battle lines are drawn between states as well. Witness the just-completed competition betwee…
Boeing has won a U.S. military contract to build an aerial refueling tanker, beating out rival European Aeronautic Defence and Space Co.
Continue reading Boeing Lands $35 Billion Tanker Contract — and a New Le…
The U.S. trade gap widened to just under $500 billion in 2010, but that obscures impressive growth in global sales of U.S. goods. And the outlook for 2011 is even better. Still, to reach a trade surplus, America must solve two …
United Airlines (UAL) has temporarily grounded 96 of its Boeing (BA) 757 jets after the airline discovered late Tuesday it had failed to complete federally mandated safety checks.
The action is expected to result in the cancellation or delay of an un…