Tag Archives: Business

Elon Musk bares his soul as Tesla stays on track

Tesla shareholders at today’s annual meeting swatted down challenges to billionaire CEO Elon Musk, who laid out an admittedly optimistic plan for the crucial months ahead. “This is going to sound maybe a little cheesy, but at Tesla, we build our cars … Continue reading

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Boeing confirms $4.25 billion acquisition of KLX

The Boeing Co. says it has entered into a definitive agreement to acquire KLX Inc., a Florida-based aerospace parts distributor, as part of its drive to boost its global services business. Today’s announcement comes just a few days after The Wall Street Journal reported that … Continue reading

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Boeing earnings give a lift to its outlook – and 767s

The Boeing Co. is raising its financial sights for the year as a result of a stronger-than-expected first quarter, and that was reflected today in its stock price as well. First-quarter revenue was up 6 percent year over year at … Continue reading

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Boeing outperforms expectations, boosting stock

The Boeing Co. today reported better-than-expected financial results for the fourth quarter of 2017 and a rosier-than-expected outlook for the year ahead, sending its share prices up 5 percent. “Thanks to the dedicated efforts of employees throughout our company, Boeing delivered 2017 … Continue reading

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AI2 program will help engineers build startups

Is technical expertise the key to success in the fast-moving world of artificial intelligence market? Or is it entrepreneurship? Top-notch engineers with a yen to build a startup can get the best of both worlds through a newly created CTO … Continue reading

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U.S. officials slap 220% tariff on Canadian jets

The U.S. Commerce Department today issued a preliminary finding that Canada’s Bombardier aircraft company was getting unfair subsidies for its CSeries jets — and laid out a plan that would more than triple the cost of the jets being bought … Continue reading

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Blue Origin points the way for Amazon’s HQ2

What do Jeff Bezos and his lieutenants look for when they’re in an expansive mood? That’s a key question in the multibillion-dollar contest to attract Amazon’s second headquarters, and the Blue Origin space venture – Bezos’ other multibillion-dollar enterprise – may well offer clues to the … Continue reading

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