RTX tumbles after disclosing jet-engine problem will require accelerated inspections

[ad_1] A Pratt & Whitney PW1000G turbofan engine sits on the wing of an Airbus A320neo aircraft during a delivery ceremony outside the Airbus Group SE factory in Hamburg, Germany, on Friday, Feb. 12, 2016. Bloomberg | Krisztian Bocsi Shares of RTX tumbled 13% Tuesday after the aerospace giant said a manufacturing problem with some … Read more

Key Boeing supplier stops production at Wichita plant after workers vote to strike

[ad_1] Airplane fuselages bound for Boeing’s 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019. Nick Oxford | Reuters Boeing supplier Spirit AeroSystems halted work at a Wichita, Kansas, plant on Thursday after workers voted against a new labor deal … Read more

Inside China’s spy war on American corporations

[ad_1] Top intelligence and law enforcement officials in Washington are issuing a stark warning to American companies: The Chinese government wants to replace you. That message comes in a new CNBC documentary, “China’s Corporate Spy War,” which details the increasing sophistication of Beijing’s efforts to steal sensitive U.S. technology and corporate information. For years, corporate … Read more

US Treasury Tields Dip as Investors Grow Jittery About Debt Ceiling Deadline; Megacaps Weigh on Nasdaq

[ad_1] Last Updated: April 25, 2023, 01:14 IST European stocks closed essentially unchanged ahead of potentially market-moving earnings reports, which include a stream of European banks aside from U.S. megacaps.(Representative image) Earnings this week include a spate of potential market movers, including tech and tech-adjacent Alphabet Inc, Microsoft Corp, Meta Platforms Inc and Amazon.com Wall … Read more