Business News

Boeing CEO Admits 'Mistake' Over 737 MAX Sensor…

He said the company's failure to tell airlines about a software issue was "unacceptable."

Markets Right Now: Stocks are off to a mixed start

Stocks are getting off to a mostly higher start on Wall Street as the market comes off two weeks of gains.

Huawei says US sanctions will cost it billions in…

Huawei's founder has likened his company to a badly damaged plane and says revenues will be $30 billion less than forecast over the next two years

AdChoices Icon

Hunt begins for the cause of huge South American…

Authorities still in the dark over cause of massive power outage that left millions without electricity across South America

Gloria Vanderbilt, heiress, jeans queen, dies at…

Heiress, designer and romantic Gloria Vanderbilt has died at age 95.

AdChoices Icon

Lockheed Martin announces $142M expansion of Arkansas plant

Lockheed Martin says it's spending $142 million and hiring 326 new workers in the coming years as it expands its south Arkansas facility

Patrick Drahi taking Sotheby's private in deal…

Billionaire Patrick Drahi is taking auction house Sotheby's private in a deal valued at $3.7 billion

AdChoices Icon

Boeing apologizes for Max crashes as Airbus rakes…

Boeing executives have apologized to airlines and families of victims of 737 Max crashes in Indonesia and Ethiopia, as the U.S. plane maker struggles to regain trust of regulators, pilots and the global traveling public