Factory orders sink 3.6% on fewer Boeing contracts. U.S. business investment still weak.

Factory orders sink 3.6% on fewer Boeing contracts. U.S. business investment still weak.

Published: March 5, 2024 at 10:02 a.m. ET Story developing. Stay tuned for updates here. The numbers: U.S. factory orders fell 3.6% in January large due to fewer contracts for Boeing passenger planes, but there was not much sign of a broad revival among manufacturers. Economists surveyed by the Wall Street Journal had forecast a … Read more

Boeing, Aviation Stocks Fall After Rough Start to Year for Air Travel

Boeing, Aviation Stocks Fall After Rough Start to Year for Air Travel

Updated Jan. 8, 2024 2:26 pm ET A burning inferno on the runway, followed four days later by a midair emergency involving a gaping hole in the side of the plane, isn’t the way the airline industry wanted to start 2024. After a fraught 2023, in which safety specialists and regulators raised alarms about mounting … Read more

FAA Orders Grounding of Some Boeing 737 MAX 9 Jets After Emergency Landing

FAA Orders Grounding of Some Boeing 737 MAX 9 Jets After Emergency Landing

Updated Jan. 6, 2024 10:31 pm ET The Federal Aviation Administration ordered a temporary grounding and immediate inspections of dozens of Boeing 737 MAX jets, after one of the planes made an emergency landing when a section of the aircraft ripped away in midair. Passengers and flight attendants described a harrowing incident during an Alaska … Read more

18 Minutes to Evacuate a Burning Plane: Success Story or Cautionary Tale?

18 Minutes to Evacuate a Burning Plane: Success Story or Cautionary Tale?

Updated Jan. 4, 2024 2:13 pm ET In its certification, Airbus was required to prove that its A350 aircraft can be evacuated in less than 90 seconds. In Tuesday’s collision in Japan, the last crew member escaped the aircraft after 18 minutes—but there were still no casualties. The sizable discrepancy, for the moment, represents a … Read more

Half a month´s rain could fall in an hour in parts as…

Half a month´s rain could fall in an hour in parts as…

Exeter Airport was forced to close after heavy downpours caused flooding The Met Office said half a month’s worth of rain could fall in just a single hour  Thunderstorms and heavy rain have battered the country today, forcing Exeter Airport to close and trapping cars on flooded roads amid Met Office warnings of severe weather … Read more