General Electric Co Chief Executive Larry Culp on Thursday set conservative profit targets for this year and staked his reputation on hitting them and doing better in 2020 and beyond, igniting a rally in the stock.
BENGALURU/OSLO Travel website Kayak is making changes to let customers exclude specific aircraft types from searches, and booking sites are looking to reroute passengers, after an unexplained Boeing jet crash that killed 157 people in Ethiopia.
Boeing Co shares tumbled more than 5 percent on Monday after China, Indonesia and Ethiopia ordered airlines to ground the aircraft maker's best-selling line of jets after the second deadly crash of one of the planes in just five months. | Video
Malaysian budget carrier AirAsia Group said on Monday it was launching a venture capital fund in the United States to invest in startups seeking to enter or expand in Southeast Asia.
Tesla Inc said on Wednesday it was lowering the price of its Model 3 sedan for the second time this year, moves that come in the wake of Tesla losing a tax credit that made its cars more affordable for U.S. buyers. | Video
Spirit AeroSystems Holdings Inc forecast 2019 profit and revenue above Wall Street estimates on Friday, as it prepares to meet higher demand for fuselages and other aircraft parts from top customer Boeing Co, sending its shares up as much as 5.2 percent.
General Dynamics Corp on Wednesday forecast 2019 profits lower than analysts estimated and said margins in its critical business jet unit would not improve substantially until 2020, sending shares down nearly 4 percent.