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.
AutoZone profit rises as costs fall
AutoZone Inc , the largest U.S. auto parts retailer, reported a 7 percent rise in quarterly profit as costs fell.
Sales Growth Drives AutoZone’s 3Q Net Higher
The largest auto-parts retailer in the U.S. reported a 6.8% gain in third-quarter earnings amid stronger auto-parts and commercial sales.
Exclusive: U.S. Air Force to move forward target date for F-35 use
The U.S. Air Force plans to start operational use of Lockheed Martin Corp.
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".
BMW CEO Expects i3 Electric Car to Boost Group Profit
The German premium automaker expects to reap a 'positive' contribution to group profit from every i3 electric vehicle sold.
Fiat's U.S. dealers anxious for broader product lineup
A meeting of U.S. Fiat dealers to discuss future products, including the arrival of Alfa Romeo models, has twice been postponed and no new date has been set, several Fiat dealers said this week.
Delta Unveils New Financial Plan, $500M Buyback
The airline will return more than $1 billion to its shareholders over the next three years.
Strong U.S. Sales, Weaker Yen Boost Toyota Earnings
The top-selling automaker's profit more than doubled and full-year earnings more than tripled, as it benefited from the Japanese yen’s depreciation.
Delta Unveils New Financial Plan, $500M Buyback
The airline will return more than $1 billion to its shareholders over the next three years.
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.
Treasury to begin selling remaining $241.7 million stake in GM
The U.S. Treasury will begin another round of sales for General Motor stock acquired during the government's bailout of the auto sector, the department said on Monday.
Toyota Expected to post Around $13B Annual Operating Profit
The automaker is expected to post operating profit of around $13.1 billion for the year ended March, 3.7 times more than the previous year.
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.
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.
