For years, Boeing and the Federal Aviation Administration handled 787 Dreamliner deliveries as though the perfect was the enemy of the good. The FAA allowed the plane maker to deliver the wide-body je...
Tag: Aerospace Products/Parts
Boeing Stock Falls. Its New 777X Jet Is Likely to Be Delayed.
Text size A demonstration flight for the Boeing 777X at the 2021 Dubai Airshow. Giuseppe Cacace/AFP via Getty Images Boeing’s newest model twin-aisle jet—the 777X—probably won’t be in service until 20...
This Is What Tesla CEO Elon Musk’s Other Company Is Worth
Text size The Boring Company, Elon Musk’s tunneling company, just raised more capital. Robyn Beck/Getty Images One of Elon Musk’s companies just got more valuable. No, this isn’t about Tesla (ti...
Boeing Stock Climbs Higher, Shrugging Off India’s 737 MAX Pilot Ban
Text size A Boeing 737 MAX jet. Jason Redmond / AFP via Getty Images The Indian aviation regulator has barred 90 pilots from flying Boeing 737 MAX jets due to concerns over the simulators used to trai...
Boeing Stock Shrugs Off Concerns Over 737 MAX Simulator
Text size A Boeing 737 MAX jet. Jason Redmond / AFP via Getty Images The Indian aviation regulator has barred 90 pilots from flying Boeing 737 MAX jets due to concerns over the simulators used to trai...
A Lesson About Wealth From Elon Musk, the World’s Richest Human
Text size Tesla CEO Elon Musk, who is the world’s richest human. Patrick Pleul/POOL/AFP via Getty Images Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market research...
General Dynamics Stock: Why It’s Time to Buy
Text size General Dynamics M1 Abrams battle tanks. Krisztian Bocsi/Bloomberg Russia’s war in Ukraine shows no sign of ending, and the news of civilian deaths in places like Kramatorsk, Bucha, and Irpi...
Defense Stocks Take a Hit on U.S. Defense Spending Request
Text size Defense stocks trade for about 18 times estimated 2022 earnings. Jose Luis Magana / AFP) Defense stocks are taking a small hit after details of the coming defense budget were released. On Mo...
Joby Reports a Profit From No Sales. The Stock Is Soaring.
Text size Courtesy Joby Aviation Electric air taxi maker Joby Aviation managed to produce a profit in the fourth quarter even though it doesn’t have any sales just yet. Shares were rising sharply Frid...
Alaska Air Is Converting 2 More Boeing Jets Into Freighters. Here’s Why.
Text size Alaska Air sees capacity rising by 1% to 3% in 2022 compared to 2019. Photograph by Jason Redmond/AFP/Getty Images Alaska Air Group unveiled plans Thursday to convert two Boeing 737-800 pass...
Boeing Stock: What Wall Street Is Saying After the China Plane Crash
Text size The Boeing logo Scott Olson/Getty Images A China Eastern Airlines 737-800 tragically crashed Monday, sending shares of Boeing lower. Wall Street is hopeful that Monday’s crash wasn’t a MAX-l...
FAA Official Testifies Former Boeing Pilot Lied About 737 MAX
FORT WORTH, Texas—A Federal Aviation Administration training specialist said a former Boeing Co. BA -3.59% pilot lied to her about how a 737 MAX flight-control system worked before two of the jets cra...
Dow ends 200 points lower after Fed’s Powell leaves door open to larger rate hikes
Federal Reserve Chairman Jerome Powell Samuel Corum/Getty Images Stocks fell Monday after Federal Reserve Chairman Jerome Powell left the door open to the prospect of bigger rate hikes to bring down i...
Elon Musk Has Sold Seven Homes for Nearly $130 Million After Vowing to ‘Own No House’
It’s been almost two years since Elon Musk announced a plan to sell nearly all of his physical possessions, including his real estate, by tweeting “Will own no house” on May 1, 2020. The billionaire T...
Berkshire Hathaway’s Market Cap Climbs. It Could Soon Overtake Tesla.
Text size Berkshire Hathaway currently is the sixth most valuable stock in the S&P 500. Photograph by Luke Sharrett/Bloomberg Tesla is the fifth most valuable stock in the S&P 500. But Warren ...
Boeing’s 737 MAX 10 Faces Delays. It Might Not Be a Major Problem.
Text size A Boeing 737 MAX 10 airliner. Ellen Banner-Pool/Getty Images Boeing stock is lower Monday morning. The company’s regulatory woes might be creating another overhang in the shares. The new iss...