Edition:
United States

Ankit Ajmera

U.S. start-up says its electric drone has longer flight time on single charge

Sep 10 2018

U.S. start-up Impossible Aerospace said on Monday the first of its fully electric quadcopters, which can fly up to two hours on a single charge, nearly five times that of its closest competitors, will be delivered to customers later this year.

U.S. SUV sales jump again in August

Sep 04 2018

Top automakers pointed to a small increase in U.S. auto sales in August including another sharp rise in SUV sales, as low unemployment and strong consumer confidence helped mitigate the impact of rising interest rates and fuel prices.

Raytheon earnings beat, but cash flow concerns hit shares

Jul 26 2018

Tomahawk missile maker Raytheon Co on Thursday raised its earnings forecast for 2018 and reported stronger than expected results, but its shares fell on investor concerns about lower cash flow for the year.

American Airlines sees return to revenue growth next year

Jul 26 2018

American Airlines expects a return to revenue growth next year after taking steps to mitigate the impact of higher fuel costs that hit second-quarter profitability, Chief Executive Doug Parker said on Thursday.

Boeing's refueling tanker woes obscure profit beat, shares fall

Jul 25 2018

Boeing Co on Wednesday posted better-than-expected quarterly profit and revenue but shares dropped as much as 3.6 percent after it reported $426 million in higher costs on its long-delayed KC-46 aerial refueling tanker program.

Honeywell eyes supplier shift to avoid tariff hit

Jul 23 2018

(This version of the July 20 story corrects paragraph 1 to say company will increase the use of supply chain sources from non-China countries, not start sourcing from countries other than China) | Video

Textron shares slip on order book concerns after profit beats view

Jul 18 2018

Textron Inc reported a higher-than-expected quarterly profit and raised its 2018 forecast on Wednesday, but its shares fell 5 percent as investors focused on the relative strength of its aviation business order book.

Boeing's first-half deliveries up seven percent, orders surge past Airbus

Jul 10 2018

SEATTLE Boeing Co's first-half aircraft deliveries rose more than 7 percent, lifted by demand for its bestselling 737 jetliners as airlines seek more fuel-efficient planes, and orders were more than double those of European rival Airbus SE .

Top U.S. automakers report higher vehicle sales in June

Jul 03 2018

Top U.S. automakers reported stronger June sales, as consumers continued to snap up sport utility vehicles and trucks in larger numbers, parking for now worries about rising fuel prices, higher interest rates and trade tensions. | Video

Audi partners with Israel's autonomous vehicle simulation startup Cognata

Jun 26 2018

German carmaker Audi AG has partnered with autonomous vehicle simulation platform provider Cognata Ltd to speed up the development of autonomous vehicles, the Israel-based startup said on Tuesday.

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