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Space Companies Struggle to Meet Lofty Goals
Business

Space Companies Struggle to Meet Lofty Goals

Newer industry players are cutting jobs, trimming spending and reining in plans. Source link

Airbus Hits New Supply-Chain Hurdle in Race With Boeing
Business

Airbus Hits New Supply-Chain Hurdle in Race With Boeing

Engine maker Pratt is recalling 1,200 engines over 12 months just as Airbus is trying to cement its supremacy in narrow-body jets. Source link

Boeing Reports $149 Million Loss as Defense Charges Pile Up
Business

Boeing Reports $149 Million Loss as Defense Charges Pile Up

The aerospace giant said it is increasing jetliner production as planned while reducing its debt. Source link

New Engines on Hundreds of Airbus Jets Recalled for Inspection
Business

New Engines on Hundreds of Airbus Jets Recalled for Inspection

RTX said its Pratt & Whitney engines affected by contaminated metal parts. Source link

GE Lifts Guidance as Sales and Earnings Rise
Business

GE Lifts Guidance as Sales and Earnings Rise

The manufacturer cites strong orders for jet engines and wind turbines. Source link

Lockheed Martin Projects Higher Sales as War Boosts Orders
Business

Lockheed Martin Projects Higher Sales as War Boosts Orders

The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link

Standard Chartered agrees to sell business in Jordan By Reuters
Stock Market

Advance Auto Parts cut at Atlantic Equities as weak performance ‘indicative of structural challenges’ By Investing.com

© Reuters. Advance Auto Parts (AAP) cut at Atlantic Equities as weak performance ‘indicative of structural challenges’ Advance Auto Parts (NYSE:) was cut to “Underweight”

Largest strike in decades leaves Germany at a standstill By Reuters
Stock Market

Fisker misses second-quarter production target due to parts shortage By Reuters

© Reuters. FILE PHOTO: The logo of Fisker Automotive is pictured on a car at the 2022 Paris Auto Show in Paris, France, October 18,

Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches
Business

Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches

The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Business

Car parts maker Forvia reports stronger Q1 sales

April 17 (Reuters) – Forvia, the European car parts maker born from Faurecia’s EPED.PAtakeover of Hella HLE.DE last year, on Monday reported a jump in