Expect your T-shirts to get a little bit thinner next year — and maybe a little more expensive. Apparel retailers are looking high and low for ways to keep from passing on too much of their own rising costs to consumers. The t…
A recent fire on a test Boeing 787 Dreamliner was caused by a problematic electrical system.
Continue reading Yet Another Problem for Boeing’s 787 Dreamliner
Yet Another Problem for Boeing’s 787 …
Bank of America challenges testimony by one of its operational leaders — that Countrywide may have held on to homeowners’ notes that it should have put into a trust. But the testimony is reinforcing fears that BofA is in big t…
The feds appear to be trying to broaden the notion of insider trading to include the information-gathering of hedge funds as criminal activity. But this could be difficult to prove in court, because there’s no statuary definiti…
Ford Motor announced Wednesday that it had reduced its debt by $1.9 billion after note-holders converted their debt into 274 million shares of common stock. The automaker’s annual interest expenses will be reduced by $180 mill…