Boeing Says 787 Dreamliner Test Flight 'Goes as Planned'
A Boeing 787 with a redesigned battery system made a 2-hour test flight on Monday, and the company said the event "went according to plan."
A Boeing 787 with a redesigned battery system made a 2-hour test flight on Monday, and the company said the event "went according to plan."
Boeing plans to conduct two flight tests of its revamped 787 battery system, possibly as soon as the end of the week, sources say.
Ryanair has made the biggest-ever order of Boeing planes by a European airline, announcing Tuesday it will buy 175 aircraft in a major boost for the U.S. aerospace giant.
Airbus signed its biggest deal ever Monday -- an order for 234 planes worth $24 billion from Indonesian's Lion Air -- and poached one of rival Boeing's most important clients.
Japanese authorities have identified the causes of fuel leaks and other problems with Boeing's 787 Dreamliners, but are still investigating the more serious battery problem that forced an emergency landing in January and the worldwide grounding of the jets.
A probe into the overheating of a lithium ion battery in an All Nippon Airways Boeing 787 found it was improperly connected to the aircraft's auxiliary power unit, Japan's Transport Ministry said Wednesday.
Japan's two biggest airlines grounded all their Boeing 787s for safety checks Wednesday after one was forced to make an emergency landing. All Nippon Airways said a cockpit message showed battery problems and a burning smell was detected in the cockpit and the cabin.
The Federal Aviation Administration is undertaking a comprehensive review of the critical systems of Boeing's 787s, the aircraft maker's newest and most technologically advanced plane, after a fire and a fuel leak earlier this week, the agency said Friday.
Republicans tout themselves as friends of business. Yet when it comes to many of industry's top priorities, the GOP's tea party lawmakers and far-right lobbying groups are putting roadblocks in the way of legislation that U.S. businesses really want to see passed.
It's widely known that millionaires and billionaires pay taxes at a lower rate than those of us who make much less. But did you know that Americans collectively pay far higher income tax rates than many U.S. companies with billions of dollars in profits?
Given the sluggish recovery and a strapped consumer, you'd expect to see corporate America trudging along, not racing for glory. In fact, the Fortune 500 are thriving as a group.
On Tuesday, the Dow Jones Industrial Average closed at 13,005, the first time it had crossed the 13,000 line since its plummet as the nation sank into the financial crisis almost five years ago. But what is the Dow, anyway? And what are these "points" it's measured in? Allow us to explain...
A host of new products launched this year. So were big successes -- like the iPhone 4S and the Boeing Dreamliner 787. Other new offerings crashed and burned spectacularly. Here's 24/7 Wall St.'s look at the biggest duds of 2011.
Thirty large American corporations -- all of them profitable -- spent more money on lobbying than they paid in federal taxes from 2008 to 2010, according to a report from the nonpartisan reform group Public Campaign.













