jets

Sports apparel behemoths Reebok and Nike have reached a settlement in their fight over New York Jets merchandise featuring iconic quarterback Tim Tebow.

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.

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?

Ticket prices to National Football League games continue to rise, according to a new study by Team Marketing Report. The average ticket to a game rose 4.5% to $76.47, according to the report's 2010 Fan Cost Index survey. The NFL's average for premium seats is $238.94, up 5.6% from last season. The...

British defense company BAE Systems (BAESY) hired two banks to sell its U.S. component manufacturing businesses. The company confirmed Monday that it had hired Wells Fargo (WFC) and JP Morgan (JPM) "to advise on strategic options" regarding its Platform Solutions unit, including a possible sale,...

Shares of Apple Inc. (AAPL) were higher in trading ahead of Wall Street's opening, following a near 9-point gain on Tuesday. The Cupertino, Calif.-based computer maker reported stellar earnings earlier in the week and announced several new computer models on Tuesday, along with a new type of...

The New York Jets football team is furloughing 60 employees on its business side for two weeks without pay. Team officials told the New York Times that the June furloughs would prevent layoffs. The furloughs will be in sales, marketing, public relations, finance, community relations, stadium and...