Boeing says will need to borrow more money on coronavirus fallout; trying to get back 737 MAX jets into service
Boeing is trying to bring its 737 MAX jet back into service after two fatal crashes, even as the aviation industry slumps because of the coronavirus, which has dried up demand for passenger air travel.
Wall Street rallies as some US states relax lockdown restrictions; all major indexes claw back, gain over 1%
The indexes are all now within 20 percent of their record closing highs reached in February, with the benchmark S&P 500 on track for its best month since 1987, after trillions of stimulus dollars helped US equities recover from March lows.
The S&P 500 banking index soared 7.3 percent and was set for its best day in more than a week, with Bank of America, Citigroup, Wells Fargo and JP Morgan advancing between 5 percent and 8 percent, tracking Treasury yields.
Stock Market Today LIVE Updates: Sensex down 581 points, Nifty dips 205 points at close; all sectoral indices in red
Stock Market Today LATEST Updates: Sensex was down 581.28 points or 2.01 pecent at 28288.23, while Nifty was down 205.35 points or 2.42 percent at 8263.45.
Boeing finds debris in fuel tanks of several 737 MAX jetliners waiting to be delivered; 'absolutely unacceptable', says company official
The objects were found during maintenance work on some of the hundreds of 737 MAX jetliners Boeing has built but not delivered
Boeing, FAA reviewing wiring issue on grounded 737 MAX; to ensure all safety-related issues are addressed
Boeing will halt production of the 737 MAX this month following the grounding in March of its best-selling plane after two fatal crashes in five months killed 346 people
Boeing fires CEO Muilenburg to restore confidence amid 737 crisis, Chairman David Calhoun to take over
By keeping Muilenburg as long as it did, some experts say Boeing ignored part of the crisis communications playbook
The lawsuit, brought by the Kirby Family Partnership, a Boeing investor, alleges the directors breached their fiduciary duties to shareholders
Stock, currency, debt markets closed for Guru Nanak Jayanti; Asian shares left guessing on trade, await Trump speech
Asian share markets flatlined on Tuesday as uncertainty over Sino-US trade talks and political strife in Hong Kong dogged sentiment, while safe-haven bonds eked out a bounce
Astrobotic was one of nine companies chosen to compete for $2.6 billion to develop small space vehicles and other tech.
NASA said it could buy a seat for one astronaut in the fall and another seat in the spring of 2020.
Indian airline sector to shrink losses by two-thirds next year; domestic air traffic to rise by 14-16%: Report
Domestic air traffic is forecast to rise by 14 to 16 percent in financial year 2020 with international traffic set to be 10 to 12 percent higher as the Indian fleet expands by more than 90 aircraft.
The GPS III launch mission is SpaceX’s first national security mission for the United States.
The review was prompted by a video of Elon Musk where he was seen drinking and smoking pot during the webcast.
Airbus SE and Thales SA expect the number of cockpit crew on long-haul flights could be reduced to two.
With this, the Jet Airways will now acquire a total of 225 Boeing 737 Max planes over a period of time as it eyes expansion in the fast-growing domestic aviation market
SpaceX so far has safely return-landed 24 of its boosters and reflown 11 of them.
While Bombardier will lose control of a plane program developed at a cost of $6 billion, the partnership gives the CSeries improved economies of scale and a better sales network
US President-elect Donald Trump urged the government to cancel an order with Boeing Co for a revamped Air Force One - one of the most prominent symbols of the US presidency - saying costs were out of control.
With a goal to end the US' sole reliance on the Russian Space Shuttle in 2017, Nasa selected two American firms to transport astronauts to the International Space Station (ISS).