Safety Regulators Open Probe of VW SUVs for Lighting Issue
Regulators have opened an investigation into an estimated 61,000 Volkswagen Tiguan sport utility vehicles over complaints of loss of exterior lighting.
Boeing Sees Aircraft Demand Doubling in 20 Years, Widening Need in Asia
Boeing improved its 20-year forecast for airplane demand expecting airlines to need 35,280 new jets worth $4.8 trillion amid an expected increase in demand in Asia.
GM to Build $1.3 Billion Cadillac Plant in China
Chinese authorities have approved a $1.3 billion General Motors plant to make luxury Cadillac cars.
Joining Forces: Advance Auto to Acquire General Parts for $2B
The acquisition is expected to generate annual synergies of $160 million within three years and also boost Advance Auto's EPS.
Officials Call for Safety Review of Honeywell Rescue Beacon
Investigators are examining the battery of an emergency rescue beacon made by Honeywell as a possible cause of Boeing's Dreamliner fire.
Sales of Caterpillar Equipment Remain Sluggish
Caterpillar’s construction and mining equipment continued to face sales headwinds in North America, posting a 9% drop globally in April.
Challenges Await Amazon's Drone Deliveries
Amazon plans to use drones to deliver packages in some cities. The idea is novel, but many hurdles lie ahead.
SpaceX Delays Launch Due to Technical Issue
SpaceX on Wednesday postponed for at least 24 hours the scheduled Florida launch of a Falcon 9 rocket on a satellite-delivery mission and attempted return-landing at sea to allow extra time to chill the rocket's propellant, the company said.
JetBlue Founder Flying New U.S.- Portugal Route
JetBlue founder David Neeleman is rolling out a new trans-Atlantic route.
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Airlines Reporting Record Profits
The major airlines have been reporting a string of record profits. Discover just how much they are benefiting from the enormous drop in fuel costs.
Host of Factors Threaten to Derail Plans for a New Penn Station
New York Gov. Andrew Cuomo's recent announcement to overhaul the transit hub -- which has become an architectural embarrassment in the region -- arguably provokes more questions than answers.
United Parcel Service's 4Q Profit Surges
United Parcel reported an adjusted 4Q profit of $1.57 per share, topping the estimate for $1.42. Revenue for the package delivery company came in at $16.05 billion, missing the estimate for $16.27 billion.
UPS 3Q Profit Climbs on Higher Shipping Volume
UPS said its third-quarter profit more than doubled amid stronger package revenue for domestic and international shipments.
Honeywell 3Q Profit Improves as Sales Climb
Honeywell reported 4.2% profit growth for the third quarter, as a performance-materials acquisition offset weakness in the company’s defense unit.
Hertz Cuts Outlook on Weak Airport Rentals
Hertz, the No.2 U.S. car rental company, cut its full-year forecast amid weak volume at its U.S. airport car rental business, sending shares in reverse.
AMR, US Airways Extend Merger Deadline Amid Legal Challenge
The two companies extended the termination date of their pending merger by a month, providing time for the carriers to counter the Justice Department’s legal challenge.
GM to Buy Back $3.2B of UAW’s Preferred Stock
General Motors plans to sell senior secured notes and repurchase about $3.2 billion of preferred stock from a UAW Retiree Medical Benefits Trust.
FedEx Beats Street in 4Q But Warns of Challenges
The shipping giant reported mixed fourth-quarter earnings but warned of near-term challenges.
Boeing Launches Stretched-Out 787 with $30B in Orders
The Chicago jet maker officially launched the program to build a new stretched-out version of its existing 787, securing 102 firm orders worth nearly $30 billion at list prices.

















