Boeing's first delivered 787 Dreamliner has taken flight. The jet, sold to All Nippon Airways, took off from Boeing's manufacturing facility on Tuesday, heading for Japan for use in commercial air travel.
Boeing has delivered its first 787 Dreamliner to All Nippon Airways and a company vice president told employees in a ceremony they are part of a once-in-a-lifetime experience. It's a signature moment for the company, aviation, the flying public, and even America.
Boeing has spent roughly $32 billion so far to launch the Dreamliner, according to an estimate by The Seattle Times, with half spent in development and half spent on manufacturing. Now Boeing has finally crossed the achievement threshold, completing the company's first contractual delivery of a 787 Dreamliner.
Even as G-20 leaders grapple with the global financial crisis, a larger, over-arching concern is limiting GDP growth in the U.S., and, to a lesser degree, in other developed economies and, by extension, decreasing the capacity of the these nations to counteract the crisis: inadequate wage growth.
Outsourcing leader Tata Consultancy Services (TCS) sees opportunity as corporate customers embrace new technology, although a poor economy means that overall spending in the United States and Europe will stay weak.
President Barack Obama will unveil a plan to cut the U.S. deficit by about $3 trillion over the next decade with nearly half of the savings coming from tax increases.
IT services is typically late cycle, so Jefferies doesn't believe the recent macro volatility will be evident in Accenture Plc (NYSE: ACN) fiscal fourth quarter results on Sept. 27.
Across from a noodle shop in a Yokohama suburb, Hisayoshi Teramura's inn looks much like any other small lodging that dots the port city. Occasionally, it's even mistaken for a love hotel by couples hankering for some time beneath the sheets.
IBM has signed an extended deal estimated at up to $1 billion to manage the information technology systems of Vodafone's Indian unit until 2017, the Economic Times reported on Thursday
The United States enters this Labor Day faced with many problems, and the most serious of which concerns jobs -- the state of working America is in its most trying condition in generations, with the unemployment at a very high 9.1 percent, and the nation short at least 11 million jobs.
Gold and silver prices closed modestly higher on the futures markets Wednesday as strong demand from foreign buyers offset expectations that the Federal Reserve will signal fresh, potentially inflationary, intervention in the market next month.
Global demand for gold lifted the price of the yellow metal Wednesday, countering a growing appetite for risk among U.S. investors, many of whom expect the Federal Reserve to come to the aid of the U.S. economy, perhaps as early as September.
The Dow Jones Industrial Average Re-enters positive territory, although the Department of Justice's suit against AT&T could derail those gains.
Recent strikes in Indonesia by gold miners, pilots and supermarket staff over pay signal that workers have started to push for a greater share of profits in a booming economy that has drawn foreign investors partly for its low labor costs.
The iPad 3 is in development, according to a report. Apple's new tablet will likely be released in early 2012, the report said.
The planned layoffs would reportedly include management, pilots, cabin crew and engineers. The company has a total of 35,000 employees.
The corporation seeks to dramatically reduce health care benefits for its wire line employees ? the workers are demanding they be retained.
After rising steadily from the market-bottom of March 2009 to April 2010, Boeing stock has basically been flat.
Automation will ultimately stimulate the economy and create jobs in the long-term.
?At its core, the strike is about free health care, especially for retirees -- who actually outnumber the active workers.?
Since mid-May 2011, Boeing shares have plunged from just under $80 to about $57, about a 29 percent decline.
An American spy novelist is disputing the details of the raid that took down the world's "Most Wanted" terrorist leader Osama bin Laden