IBT Staff Reporter

66991-67020 (out of 154942)

Fed seen dialing down GDP forecasts

The Federal Reserve will likely nod to renewed weakness in the U.S. economy in a post-meeting policy statement on Wednesday, but don't expect policymakers to do anything about it any time soon.

Airbus orders pile up as Boeing stalls

Airbus put on a show of force at the Paris Air Show on Wednesday, securing a $16 billion deal for 180 aircraft from India's IndiGo and saying more deals were near, leaving rival Boeing in the shade.

Transocean report pins oil spill blame on BP

Oil driller Transocean Ltd blamed BP Plc in a report released on Wednesday for last year's Gulf of Mexico spill in the latest skirmish between the two companies over paying the costs for the maritime oil disaster.

Airbus set to unveil record plane order

Airbus was set to announce a record $16 billion plane order at the Paris Air Show on Wednesday as the EADS unit racks up sales of a revamped version of its top-selling single-aisle aircraft.

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