Google, like Facebook, in talks to buy Waze for about $1 billion: report

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- Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar with the matter.

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Google, like Facebook, in talks to buy Waze for about $1 billion: report 9:07pm EDT

- Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar with the matter.

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U.S. sees first drop in F-35 costs; other programs steady 6:54pm EDT

WASHINGTON - The Pentagon on Thursday told Congress it expected a 1 percent drop in the cost of its biggest weapons program, the Lockheed Martin Corp. F-35 fighter jet, while averting the huge cost increases seen on other weapons programs in recent years.

Factbox: What does Lockheed's F-35 fighter jet really cost? 6:54pm EDT

WASHINGTON - Lockheed Martin Corp is developing and building the F-35 Joint Strike Fighter, the Pentagon's most expensive weapons program, for three U.S. military branches and eight international partners.

Pentagon sees slight drop in F-35 acquisition costs: sources 3:21pm EDT

WASHINGTON - The Pentagon's annual report to Congress shows a decline of $4.5 billion, or just over 1 percent, in the projected development and acquisition cost of the Lockheed Martin Corp F-35 fighter jet program, sources familiar with the data said on Thursday.

China formally approves Boeing's Dreamliner for use 9:39am EDT

BEIJING - China's civil aviation regulator on Thursday formally approved Boeing Co's 787 Dreamliner for use in the country, clearing the way for Chinese airlines to start operating the aircraft, which has been plagued with problems.

EU regulators accept Lufthansa, United antitrust offer 6:10am EDT

BRUSSELS - EU antitrust regulators accepted on Thursday concessions from Lufthansa , United Airlines , Air Canada and Continental to ease competition concerns about their transatlantic revenue-sharing pact.

Delta will wait for new planes to mature: CEO 22 May 2013

- Delta Air Lines is letting a wave of orders for the newest planes on the market roll by, giving the jets time to prove themselves before buying, its chief executive told Reuters on Wednesday.

Delta Airlines wants to stop Ex-Im help on big jets 22 May 2013

- Delta Air Lines Inc wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and would be willing to forgo such support for its own purchases if all such subsidies were eliminated, its chief executive said on Wednesday.

Delta will wait for new planes to prove themselves: CEO 22 May 2013

- U.S. carrier Delta Air Lines will watch the wave of orders for the latest Airbus and Boeing planes roll on by and wait for the jets to prove themselves before ordering any, its chief executive told Reuters on Wednesday.

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Employees work at the Airbus Tianjin assembly plant in Tianjin municipality June 23, 2009. Airbus delivered its first plane assembled outside Europe to its Chinese owner on Tuesday, as the world's largest plane maker and rival Boeing seek growth in major developing markets to combat weak demand at home. REUTERS/Vincent Du

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        Airbus sales chief John Leahy poses with an Airbus model after the founder of AirAsia Tony Fernandes announces an order at the Paris Air Show at Le Bourget airport near Paris June 16, 2009. REUTERS/Pascal Rossignol (FRANCE TRANSPORT BUSINESS)

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