Lockheed Martin will cut 4,000 jobs, about 3.5 percent of its workforce, as the defense contractor continues to look for ways to lower costs amid reduced government spending.
Orders for a wide range of U.S.-made capital goods sank more than previously estimated in September.
Boeing says it plans to increase production of the 787 Dreamliner to 12 aircraft a month in 2016, up from a target of 10 a month by the end of 2013.
The big U.S. airlines are taking out old, bulky seats in favor of so-called slimline models that allow for five or six more seats on each plane.
Government contractor Lockheed Martin said Friday that it would have to furlough thousands of employees put out of work by the shutdown.
The government shutdown worries retailers, and it leads to layoffs in manufacturing. Those and more are what's in Thursday's Market Minute.
Chrysler is set to go public -- maybe -- and a big international merger of semiconductor firms. Those stories and more are what's in Tuesday's Market Minute.
Delta Air Lines is being added to the S&P 500, possibly giving the stock a boost, as mutual funds that track the index have to buy it.
Stocks end Tuesday trading higher after a top Fed official said the economic picture is too mixed for the U.S. central bank to detail its exit strategy from massive stimulus.
UPS said Tuesday that second-quarter profit fell 4 percent as customers shifted from premium toward lower-priced shipped services.
UPS and FedEx might be worried about international shipments to slowing economies, but perhaps they should be more concerned about what's going on in their own backyards.
Investigators are examining the source of a fire on a Boeing 787 Dreamliner at London's Heathrow airport, the latest setback to beset the high-tech aircraft.
The crash of Asiana Airlines Boeing 777 ins San Francisco is the third hit of trouble for Boeing this year, but so far the company's stock has emerged unscathed.
Apple files an application in Japan to get a trademark on the name "iWatch," fueling rumors that the company is getting ready to roll out a new device.
Shares of Smith & Wesson are expected to shoot higher after the gun-maker reported preliminary earnings that beat expectations, following record sales.
Amazon.com looks to expand its grocery offerings, while Delta pulls the plug on its Memphis hub.
What is the best way to maintain a strong U.S. military in an era of budget cuts? A new report from the Stimson Center has a surprising proposal: Cut the slacker soldiers.
Virgin America said it's close to turning around its financial losses and could be ready for an initial public offering as early as next year.
United Continental Holdings posted a smaller quarterly loss on Thursday, as the world's largest carrier was helped somewhat by lower fuel prices and higher passenger revenue.
Higher fares are helping Southwest Airlines make more money than Wall Street expected, but the company says automatic federal spending cuts could hurt revenue in April.
Boeing posted strong first-quarter results on Wednesday that handily beat analyst estimates and showed little impact from the 787 Dreamliner crisis.
US Airways posted a bigger adjusted first-quarter profit as it carried more passengers, and collected more from them.
Delta Air Lines reports its first-quarter profit fell, as costs related to salaries rose.
Travelers waited more than an hour for flights in New York and experienced delays at other U.S. airports on Sunday evening as furloughs of air traffic controllers began.
The FAA has reportedly accepted Boeing's revamped battery system for its beleaguered 787 Dreamliners and agreed to lift its grounding order.
GE reported a first-quarter profit in line with Wall Street's expectations on Friday, as the conglomerate sold more jet engines and shed its stake in NBC Universal.
Boeing's grounded 787 jetliners could soon be flying again, published reports say.