boeing

Stocks Inch Lower; S&P 500 Slips From 5-Year High

Stocks edged lower on Wall Street Friday, pulling the Standard & Poor's 500 index below a five-year high reached the day before. The S&P 500 fell two points to 1,470 as of noon Eastern. It closed at 1,472 Thursday, its highest level since December 2007. The Dow Jones industrial average fell a point to 13,469. The Nasdaq composite index dropped three points to 3,119.

Obama and the Bayonets: Who's Right on the Defense Debate?

President Obama's snappy comeback about bayonets and horses put Mitt Romney on the defensive on defense spending ... but do his arguments hold water? Is Washington being a good steward of your tax dollars, as it spends them on aircraft carriers, nuclear subs, and other gear for our smaller, high-tech Navy?

Stocks Dip After Disappointing Manufacturing Data

The Commerce Department says orders for long-lasting factory goods, such as computers and industrial machinery, fell in July. That excluded gains from the transportation category, which is volatile and rose largely because of orders at Boeing.

Psst! Buddy! Want to Buy an Airplane ... Cheap?

Boeing has been announcing a significant number of multibillion dollar deals lately. But the aircraft maker's excellent news comes with a caveat: All of its customers have been scoring hefty discounts to the planes' sticker prices. What gives? Read on ...

How Conservatives Are Making Life Harder for U.S. Businesses

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.

30 Top Companies Spent More on Lobbying than Taxes

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.

Resentment Builds Ahead of Bank Transfer Day

On Saturday, tens of thousands will march, protest and move their money out of big banks. But plenty of Americans haven't waited for Bank Transfer Day. For Frank Sheldon of Seattle, his journey to a credit union started in 2008 when his old bank was absorbed by J.P. Morgan Chase.

Despite a Profit Blip, Ford's Strong Recovery Continues

Are things really that bad at Ford? You'd think so after its third-quarter earnings report drove its share price down sharply. But despite the tough economic conditions Ford faces, the larger story is that the automaker has become very strong, thanks to its focus on a surprisingly simple plan.