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Boeing says cracks in the skins of its older 737s have appeared sooner than expected. The aerospace company reported that the planes require detailed inspections of their skins after 30,000 flights -- not the 60,000 specified in earlier maintenance guidelines.

The airplane maker beat expectations thanks to strong commercial aircraft sales in the third quarter. Boeing also boosted its full-year outlook, sending its shares flying more than 2% higher.

A UPS plane headed from Dubai to Cologne, Germany, crashed minutes after takeoff with two crewmembers aboard.

Shares of Apple Inc. (AAPL) were higher in trading ahead of Wall Street's opening, following a near 9-point gain on Tuesday. The Cupertino, Calif.-based computer maker reported stellar earnings earlier in the week and announced several new computer models on Tuesday, along with a new type of...