Boom in Earnings for Sonic Drive-In
Sonic says its quarterly earnings nearly doubled from a year ago, even though revenue edged lower, helped by a redesigned menu and an updated marketing campaign.
dreamliner
H&R Block Acknowledges Delays on Some Tax Returns
Last week, shares of H&R Block tumbled after the company reported disappointing earnings. Now the leading tax preparation company says it made a mistake in filing more than 600,000 tax forms this year. That may delay refunds for those customers by up to six weeks.
Japan Solves Minor Boeing 787 Problems, But Not the Big One
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.
Wall Street Climbs, Boosted by EBay Results, Rosy Data; CBS Surges
Wall Street rose on Thursday, with the S&P 500 hitting a five-year intraday high, as investors were cheered by rosy economic data and better-than-expected results from online marketplace eBay.
Market Minute: Boeing in Focus, Bristol-Myers Looks to Settle; JPMorgan, Goldman Report
U.S. stock index futures slipped on Wednesday with shares of Boeing set to weigh on the market after two Japanese airlines grounded their Dreamliner fleets. JPMorgan Chase & Co said fourth-quarter net income jumped 53 percent and earnings for 2012 set a record, while earnings at Goldman Sachs nearly tripled.
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.
11 People to Watch in Business for 2011
They may not make headlines, but the folks on this list of key corporate execs will likely have an outsize impact across all sectors of American business in 2011 -- from TV and household products to fast food and social networking.
Yet Another Problem for Boeing's 787 Dreamliner
A recent fire on a test Boeing 787 Dreamliner was caused by a problematic electrical system.
New Setback for Boeing 787 Dreamliner
After seven missed delivery deadlines for Boeing's troublesome 787 Dreamliner, the company has run into another setback: In a test flight Tuesday, the electrical-equipment bay caught fire. Can the company turn the development nightmares into a happy ending?
Boeing Tops Wall Street Estimates, Boosts Outlook
The airplane maker beat expectations thanks to strong commercial aircraft sales in the third quarter. Boeing also boosted its full-year outlook, sending its shares flying more than 2% higher.
It's Time for a New Pilot at Delay-Plagued Boeing
Given the latest production delay at Boeing, this time on the 747-8, the board should finally slide CEO Jim McNerney out the emergency exit. Ford CEO Alan Mulally looks like the perfect fit, especially because of his successful earlier career at Boeing.
Boeing Delays Launch of 787 Dreamliners, Again
The already-delayed launch of Boeing's 787 Dreamliner will now be further delayed. In a statement late Thursday, Boeing said it has "elected" to inspect the planes due to "workmanship issue with the 787's horizontal stabilizers."
Boeing Beats Estimates, but Cuts Its Forecast
The airplane maker and defense contractor still expects to deliver the first of its new 787s by the end of this year following numerous delays. And it's facing yet another twist in the endless Air Force tanker bidding.