Durable Goods Orders Plunge in March as Factories Slow
Orders for long-lasting U.S. factory goods fell in March by the most in seven months, reflecting little growth in orders that signal future business investment.
aircraft
Boeing's Earnings Unbowed by Dreamliner Battery Crisis
Boeing posted strong first-quarter results on Wednesday that handily beat analyst estimates and showed little impact from the 787 Dreamliner crisis.
GE Profit Rises on Higher Jet-Engine Sales, Sale of NBC
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.
Demand for Durable Goods Rises Sharply in February
A surge in commercial aircraft demand pushed orders for U.S. long-lasting manufactured goods up sharply in February, the Commerce Department reports.
Boeing 787 Test Flights Possible by Week's End, Sources Say
Boeing plans to conduct two flight tests of its revamped 787 battery system, possibly as soon as the end of the week, sources say.
Delta in Talks to Buy Jets from Boeing, Airbus, Sources Say
Delta Air Lines is in talks to purchase small and wide-body jets from Airbus and Boeing in deals potentially worth about $6 billion at list prices, sources say.
Boeing Gets Big Boost with Huge Order from Ryanair
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 Gets Biggest Order Ever from Indonesia's Lion Air
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.
U.S. Factory Orders Take a Sharp (but Temporary) Dip in March
Demand for U.S. factory goods fell by 1.5% in March -- the biggest drop in three years -- driven by a sharp decline in orders for commercial aircraft. But airplane orders are a volatile statistic, and more recent data suggest the dip may be temporary. The Commerce Department said Wednesday that orders for factory goods fell 1.5%, the steepest decline since March 2009, when the economy was mired in recession. Orders rose 1.1% in February.
Durable Goods Orders Plummet in March; Aircraft Sales to Blame
Orders for long-lasting factory goods fell by the largest amount in three years last month, mostly because demand for commercial aircraft plunged. But companies also ordered less machinery and other equipment, a sign manufacturing output may slow.
Financial Landscape: Dreary Polls and Tax Loopholes
Nearly 90% of Americans still see owning a home as a key part of the American Dream, but 39% see us in a permanent economic downturn. Meanwhile, Obama has set his sights on closing tax loopholes for businesses and the rich, but the Fed just cut banks a break in new rules on debit card swipe fees.
Yes, Emerging Markets Still Hold Promise
The moods that dictate underlying prices can quickly swing from one extreme to the other. Such swings often create opportunities for investors. For instance, the rush back to domestic markets is leaving opportunity on the table overseas again.
Singapore Airlines Finds More Trouble With Rolls-Royce Airplane Engines
After a Rolls-Royce engine on one of Quantas's A380 superjumbo jets exploded last week, Singapore Airlines says it also has pulled three of its A380s from service because of engine trouble. The news comes after Boeing also announced a major engine failure during tests back in August.
What's Wrong at Rolls-Royce, and Who Will Benefit?
It's looking more and more like the explosion of a Roll-Royce engine on a Qantas-owned Airbus A380 last week wasn't an anomaly, but a sign of an as-yet unidentified design flaw. So how deep are the problems at Rolls-Royce, and which of its competitors are most likely to benefit from its troubles?