aerospace

BAE Systems PLC, the world's second-largest defense company by revenue, will auction off divisions of its North American commercial aerospace business, a sale that could net up to $2 billion, according to The Wall Street Journal.

Here's news from the business world and other money matters to watch out for Friday (last updated at 7:33 a.m. Eastern time): Gambling With Welfare Benefits: In the U.S., welfare payments are made electronically in the form of Electronic Benefits Transfer cards, which work similarly to debit...

President Obama's overhauled aerospace plan will mothball NASA's space shuttle program and put the future of human space travel squarely in the hands of private companies. The free-market approach to designing and operating spacecraft will mean big business for a handful of companies.

If you need a job, you could do far worse than look in Oklahoma. At a time when the national employment picture remains stubbornly bleak, the state where the wind comes sweepin' down the plains has become a hotbed for wind power, compressed natural gas, health care and all sorts of other growth...

The saying "as California goes, so goes the nation" may not always be true, but any recovery in the U.S. economy will face strong headwinds if its largest state remains a financial basket case. Despite the happy headlines proclaiming the "recession is over," California's malaise continues to...