Report: Boeing Eyes Upgrade to World’s Longest-Range Jet
In its race against Airbus, Boeing has shown airlines a blueprint for the world's longest-range passenger jet.
Berkshire Hathaway first-quarter profit rises 51 percent
Warren Buffett's company Berkshire Hathaway Inc on Friday said first-quarter profit rose nearly 51 percent, helped by improved results in insurance and gains from its investments and derivative contracts.
Ford hires 2,000 in Kansas City, pickup truck demand booms
Ford Motor Co is adding more than 2,000 jobs at its pickup truck factory in Kansas City as growth in the U.S. housing and oil sectors trigger a boom in truck sales.
GM says U.S. auto sales pace at lowest level since October
General Motors Co said the pace of U.S. auto sales in April would be 15 million, the slowest level since October, due partly to poor fleet sales by other automakers.
Former GM engineer, husband sentenced in trade secret theft case
A former General Motors Co engineer was sentenced to a year and a day in prison and her husband was sentenced to three years for conspiring to steal trade secrets for use in China, federal prosecutors said.
Lufthansa and workers' union settle pay dispute
German trade union Verdi has agreed a pay deal with Lufthansa for 33,000 cabin crew and ground staff across the airline group, it said on Wednesday, averting another round of strikes that the union had threatened.
Italy prosecutors aim to hasten Finmeccanica graft trial: source
Italian prosecutors investigating allegations of corruption by Finmeccanica in the sale of 12 helicopters to India believe their evidence is strong enough to warrant an urgent trial without preliminary proceedings, a legal source with direct knowledge of the situation said.
Italy prosecutors aim to hasten Finmeccanica graft trial: source
Italian prosecutors investigating allegations of corruption by Finmeccanica in the sale of 12 helicopters to India believe their evidence is strong enough to warrant an urgent trial without preliminary proceedings, a legal source with direct knowledge of the situation said.
GM's Opel Returns to Shanghai Auto Show with Limited Ambitions
General Motors' troubled Opel division is returning to China's main auto show after a five-year absence, with three new cars at the center of a long-promised push into the word's largest market.
FAA sees lessons from Boeing 787 battery woes
U.S. regulators are discussing whether the batteries that burned on Boeing Co's 787 Dreamliner hold any lessons for other aircraft or vehicles.
UPS Appeals EU Rejection of $6.8B TNT Takeover Bid
The package delivery is appealing a rejection by European regulators earlier this year of its planned $6.8 billion takeover of rival TNT Express.
GM sees new Impala appealing more to buyers than renters
General Motors Co expects the new version of the Chevrolet Impala to lure more retail buyers, allowing the automaker to ditch the large car's image as king of the car rentals, a top company official said on Monday.
Airbus sales chief says can reach 750 plane orders in 2013
The sales chief at EADS unit Airbus said on Monday the aircraft maker can sell 750 jets this year, confirming the top end of a 700-750 sales range the company has previously announced.
Union Rules Out Warning Strikes at Lufthansa Until Mid-April
The German trade union said the airline pledged to present a new offer at the next negotiation round starting April 17.
Airbus sales chief aims to hit 750 plane orders in 2013
The sales chief at EADS unit Airbus said on Monday the aircraft maker can sell 750 jets this year, confirming the top end of a 700-750 sales range the company has previously announced.
Daimler's Mercedes Posts Sales Record in March
Solid volume growth in its new range of compact cars helped propel sales upwards to 139,920 vehicles, its single highest monthly tally ever.
Japan's Dreamliner operators estimate grounding costs at $110 million
ANA Holdings and Japan Airlines Co Ltd , which together operate nearly half the world's fleet of Boeing Co Dreamliners, estimate the jet's three-month grounding will shave a combined $110 million of operating profit, an expense they may ask the American aircraft maker to shoulder.
Japan's Dreamliner operators estimate grounding costs at $110 million
ANA Holdings and Japan Airlines Co Ltd , which together operate nearly half the world's fleet of Boeing Co Dreamliners, estimate the jet's three-month grounding will shave a combined $110 million of operating profit, an expense they may ask the American aircraft maker to shoulder.
U.S. sales of trucks, SUVs outpace auto market in April
A stronger U.S. housing market and lower fuel prices boosted sales of full-size pickup trucks and compact sport-utility vehicles in April, helping the U.S. auto market maintain its strong sales pace for a sixth straight month, analysts said.
Honda Recalls Nearly 46K Fit Cars in U.S., Canada
The automaker is recalling almost 46,000 Fit small cars to fix a problem with the electronic stability control system software.
