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.

Why We Have a Lack of Corporate Leadership

What makes a truly great leader? Attention to detail, a vision for the future, or maybe a strong personality? How about an education from Harvard or another top business school? Maybe the formula for superior leadership is much simpler; maybe the best way to spot a great leader is simply to look for someone who doesn't focus on profits.

Red Star Rising: Is U.S. Losing the Space Race?

On Sept. 29, 2011, the first module of a new space station blasted into orbit, initiating an era of space exploration different in one key respect: We didn't launch this station; China did. And while China's ascendance to space superpower confirms changes in the global economy, you shouldn't count the U.S. out of space just yet.

9 CEOs Who Need to Be Fired

Last year, 24/7 Wall St. put together a list of CEOs who need to retire, basing its judgment on quarterly earnings, stock price, and innovation. Now, with most large public companies having reported their second quarter results, 24/7 is back with a list of nine CEOs who are performing so poorly that they ought to be removed immediately. Read on to find out who, and why.

How to Profit from a Declining Dollar

Several signs seem to point to a downward trend in the value of the dollar, which pundits would have you believe means financial catastrophe for Americans. But it doesn't have to be like that. There are ways to make money if our currency falls. Here are three things to look for.

Debt-Ceiling Law: States Brace for Another Hit

The debt-ceiling discussions may be over, but the fallout for states is just starting. Many states, still struggling to recover to pre-recession levels, have depended on federal money to make up their shortfalls. As the flow of money slows, which states will take the biggest hits?

Defense Cuts to Clip Lockheed's Wings?

Following Congress's debt deal, the Pentagon faces up to $600 billion in cuts, on top of $400 billion previously demanded by the president. What might this mean for Lockheed Martin, the contractor whose F35 Joint Strike Fighter -- intended to be a "cost effective" project -- has already become a fiscal and logistical disaster?

Layoffs Are Back as Public Sector Workers Get the Ax

Massive layoffs were both a cause and a symptom of the recent recession, but job creation began to revive late last year. Unfortunately, in May, the U.S. added only 58,000 jobs, and layoffs may be on the rise again. This time, they're taking a particular toll on state and local government workers.

Boeing Flies Past Expectations With $586 Million Profit

The airplane maker and defense contractor's first-quarter profit topped expectations by 8 cents a share. Boeing also said its profit and revenue expectations for the full year are unchanged. And it still expects to deliver the new 787 during the third quarter.

737 Cracks: Boeing Can't Suffer Any More Black Eyes

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.

Why Fly? The Case Against Air Travel

It's bad enough that air fares and extra fees have been rising as fast as a plane taking off -- now, travelers must wonder if aircraft have been properly inspected. Are the costs, pains and risks of flying reaching the point where frequent fliers should reconsider their transportation choices?

Stocks Fall as Oil Prices Rise and Tech Weighs

Increasing violence in Libya caused oil prices to rise and stocks to fall 80 points to close at 12,090 on Monday. It didn't help that a Wells Fargo analyst also downgraded the semiconductor industry, sending shares of Intel down by 1.6%.

It's All-Out War in the Aircraft Industry

Aerospace is an intensely nationalist business. But not only do aircraft makers get tied up in international political battles, such battle lines are drawn between states as well. Witness the just-completed competition between blue state Boeing and red state Airbus.

The Trade Deficit's Untold Story: Rising Exports

The trade deficit's rise to just under $500 billion in 2010 obscures an impressive rise in global sales of U.S. goods, and the outlook for 2011 is even better. But to reach a trade surplus, the U.S. must solve two serious problems.

Boeing Unveils New 747 Intercontinental Jet

Boeing (BA) unveiled the new 747-8 Intercontinental jet, which can seat as many as 500 people. The new plane has 12% lower costs per seat than the 747-400, Boeing said in a statement. The plane will also emit 16% less carbon.

Boeing Warns 787 Delays Will Hurt Profit

Boeing Co. says delays to its new 787 and higher pension expenses will hurt its 2011 profit. The airplane builder and defense company also says its fourth-quarter profit fell to $1.16 billion, down 8 percent from the same time last year. Not counting special items, the profit was about what analysts expected.

Boeing's Dreamliner Delays: Outsourcing Goes Too Far

After Boeing announced yet another -- the seventh -- delay in the first delivery of the innovative 787 passenger jet, it's now clear that Boeing's decision to outsource both the design and manufacturing of the plane was more than it could manage.

Three U.S. Stocks to Buy After China's White House Visit

President Obama brought executives from 13 major U.S. firms to the White House Wednesday to meet with Chinese Premier Hu Jintao. The corporate leaders will surely be angling for better access to China's markets, which could boost their stocks. But only a few are actually good investments now.

How GE Is Arming China to Compete With Boeing -- and America

GE plans to sell its aircraft electronics to Chinese companies, and if you don't have a problem with that, maybe you should. After all, China just test flew a prototype stealth fighter, it continues to build up its military -- and we can only hope it's not planning to expand its territory in ways that threaten the U.S.

Boeing Announces Another 787 Delay

-Boeing Co. is pushing back the delivery date for its new 787 until at least July. The jet has been delayed several times already. Its most recent delivery target was for next month. But an electrical fire on a test plane in November put a halt to flight testing. Another delay has been widely expected ever since the fire.

Measuring Rich People's Toys Against Average Incomes

The gap between America's super-wealthy and the rest of us has grown so vast it's hard to even comprehend the sums they spend on their luxuries. But if you measure, say, a $200 million luxury yacht in terms of the average U.S. family's household income, the picture comes back into focus.