Aerospace giant Boeing Co. saw its earnings plunge by a third in the second quarter because of repeated delays with a military fuel tanker.
Iran's president has pointed to another possible windfall from the nuclear deal with world powers - his country may soon be able to buy badly needed new planes for its aging fleet, the official IRNA news agency reported.
Congressional Republicans are poised to deal a sharp blow to their traditional allies in the business community by allowing the federal Export-Import Bank to go out of business at the end of the month. But it may only be temporary.
The company's board of directors elected Dennis A. Muilenburg, a 30-year company veteran, as Boeing's 10th chief executive officer. He succeeds W. James McNerney, Jr., who has held the position for the past 10 years.
Europe's Airbus glided past Boeing to take top overall honors in their annual competition to sell commercial jets at the Paris Air Show. The U.S. plane maker, however, inked more deals for wide-body planes.
Boeing landed the biggest order so far of the Paris Air Show with a deal Tuesday for 100 of its 737s - the single-aisle jets that Boeing's CEO calls "the heart of the market" in the years to come.
Airbus is betting on big jets as the future of aviation, while rival Boeing is gambling on smaller ones - but both sold scores of planes of all sizes at the Paris Air Show on Monday, defying predictions of slowing demand.
Demand for new airplanes around the world will continue to soar as millions of people in developing nations take to the skies for the first time.
The National Labor Relations Board has dismissed a complaint filed by the Machinists union against Boeing stemming from the union's attempt to organize workers at the company's North Charleston operations.
A mysterious space plane rocketed into orbit Wednesday, carrying no crew but a full load of technology experiments.
For nearly three decades Krishan Luthra stubbornly labored away in a General Electric research lab on a long-shot effort to cook up a new type of ceramic that few consumers will ever see or use.
American has joined the list of airlines flying the Boeing 787 jet, which it hopes will appeal to passengers and open new, profitable international routes.
Boeing Co. delivered more airliners in the first quarter, offsetting sluggish results in the defense side of its business and pushing its first-quarter earnings up 38 percent.
he Machinists union is delaying its attempt to organize Boeing workers in South Carolina, announcing Friday that is withdrawing a petition to hold a union vote next week because of what it called a toxic atmosphere and political interference.
The Machinists union is considering withdrawing its request to hold a union vote next week for production employees at Boeing's manufacturing operations in North Charleston, where the aeronautics giant has a 787 Dreamliner assembly plant.