Transportation

Goodyear profit strong, but still sees weak demand

Goodyear Tire & Rubber Co on Friday posted a stronger-than-expected quarterly profit as lower raw material costs and increased sales of higher-priced tires offset weakness in Europe, but the company warned industry demand would remain weak.

Goodyear posts stronger-than-expected profit

Goodyear Tire & Rubber Co on Friday posted a stronger-than-expected quarterly profit as lower raw material costs and increased sales of higher-priced tires offset weakness in Europe.

Raytheon boosts earnings forecast after strong quarter

Raytheon Co raised its profit forecast for 2013 on Thursday after a stronger-than-expected jump in first-quarter earnings, the only major arms company to do so despite fresh U.S. defense budget cuts.

US Airways CEO hoping for furlough resolution soon

US Airways Group Chairman and Chief Executive Doug Parker said he was hopeful government leaders would come to a solution that would halt the travel disruptions in wake of U.S. staff cuts of air traffic controllers.

US Airways CEO hoping for furlough resolution soon

US Airways Group Chairman and Chief Executive Doug Parker said he was hopeful government leaders would come to a solution that would halt the travel disruptions in wake of U.S. staff cuts of air traffic controllers.

Is Boeing's 787 about to Get Cleared for Takeoff?

U.S. regulators are close to approving a key document that could start the process of returning grounded Boeing 787 Dreamliner to service within weeks, according to several people familiar with the matter.

Daimler begins sale of its 7.5 percent stake in EADS

German carmaker Daimler began selling its remaining stake in Airbus owner EADS on Tuesday as part of a wider overhaul of the European aerospace group's core ownership nearly 13 years after its creation.