Transportation

Boeing CEO McNerney says interest in 777X is high

Boeing Co Chief Executive Officer Jim McNerney said on Wednesday that customer interest in the 777X wide-body airplane is "high and still growing," and that he expects to formally launch the aircraft program later this year.

Boeing CEO says interest in 777X is high

Boeing Co Chief Executive Jim McNerney said on Wednesday customer interest in the 777X wide-body airplane is "high and still growing," and he expects to formally launch the aircraft program later this year.

Boeing CEO McNerney says interest in 777X is high

Boeing Co Chief Executive Officer Jim McNerney said on Wednesday that customer interest in the 777X wide-body airplane is "high and still growing," and that he expects to formally launch the aircraft program later this year.

Rating for Buffett's Berkshire cut by S&P

Warren Buffett's Berkshire Hathaway Inc had its credit rating cut one notch by Standard & Poor's, which cited a new methodology for evaluating insurers and Berkshire's dependence on its insurance business for dividend income.

Indonesia's Lion Air should review procedures: crash report

Investigators have raised questions over training and cockpit procedures at Indonesian budget carrier Lion Air after a preliminary report into a crash last month off Bali found the captain was not at the controls at a "critical time".

Berkshire may boost DaVita stake to 25 percent

Warren Buffett's Berkshire Hathaway Inc , the largest investor in DaVita HealthCare Partners Inc , has entered an agreement allowing it to nearly double its stake in the largest U.S. operator of dialysis clinics to 25 percent.

Shares of Atlas Air could surge: Barron's

Shares of global air-freight operator Atlas Air Worldwide Holdings are undervalued and now is a good time for investors to get on board, financial newspaper Barron's said on Sunday.

Berkshire's Munger says takeover prices look very high

Berkshire Hathaway Inc would be "stark raving mad" not to pursue another giant acquisition, the vice chairman of Warren Buffett's company said on Friday, but it is difficult to do so now as low interest rates push up takeover prices.