Boeing Unveils New 747 Intercontinental Jet

Boeing (BA) unveiled the new 747-8 Intercontinental jet Sunday, which can seat as many as 500 people.

The new plane has 12% lower costs per seat than the 747-400, Boeing said in a statement. The plane will also emit 16% less carbon.

“As the only ai…

What Nokia Needs to Make Its Risky Bet Pay Off

From a strategy standpoint, there’s some sound reasoning behind CEO Stephen Elop’s thinking: Most likely there’s room for a third player at Apple and Google’s poker table. But Nokia’s new deal with Microsoft will be all about h…

Nokia CEO Elop’s Bold Moves: Wall Street Expects No Less

In four months, CEO Stephen Elop has slashed its workforce and turned the company in a new direction. On Friday, he launched his gutsiest strategy yet — dumping Nokia’s ailing Symbian mobile operating system and betting the ho…