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Bernanke May See Lending to Companies, States as Next Credit-Crisis Fronts
Federal Reserve Chairman Ben S. Bernanke may find the next fronts of the financial crisis to be just as chilling as last month's downfall of Wall Street titans: its spread to corporate America and state and ...
Court affirms dismissal of Visteon shareholder suit
DETROIT A three-judge federal appeals court has affirmed the dismissal of a lawsuit against auto-parts maker Visteon Corp.
Helicopter Association International
Raytheon and Rockwell Collins selected for Joint Precision Approach and Landing System Increment 1 Development Raytheon and Rockwell Collins selected for Joint Precision Approach and Landing System Increment 1 ...
Goodyear wins new 7-year contract with NYC bus system
Goodyear has won a 7-year contract to keep supplying tires to the nation's largest transit bus fleet.
Wavecom: Gemalto plan `hostile' and undervalues company
Wavecom SA, the Issy-les-Moulineaux, France, producer of wireless technology to enable automotive telematics, metering, fleet management, tracking, alarms and more, called a proposed takeover bid from Gemalto ...
N.H. Axsys plant set to expand
Connecticut-based Axsys Technologies is doubling the size of its Nashua, New Hampshire, plant.
BofA earnings tumble, cuts dividend; to raise $10 billion
Bank of America Corp, the largest U.S. bank, on Monday reported a 68 percent drop in quarterly earnings, halved its dividend and said it would seek to raise $10 billion in additional capital.
Caterpillar and Trimble Form New Joint Venture to Improve Customer...
PEORIA, Ill. and SUNNYVALE, Calif., Oct. 5 /PRNewswire-FirstCall/ -- The world's leading earthmoving equipment manufacturer, Caterpillar Inc.
Woodward buys MotoTron to expand expertise
Woodward Governor continues to expand its footprint with the purchase of MotoTron Corp., to add engine, vehicle and after-treatment controls expertise.
Appeals court rejects Visteon shareholder lawsuit
Visteon Corp. shareholders aren't getting any relief from a federal appeals court.
New $500M Navy warship christened in Mobile, Ala.
Secretary of the Navy Donald Winter said he expects sea trials for the Independence will demonstrate the warship's abilities.
Wachovia pursues Wells Fargo deal; Citi setback
The Fed is pushing the two banks to compromise by potentially carving up Wachovia between them, the Wall Street Journal reported.
Pratt&Whitney engines get nod for new American business jet
Pratt & Whitney Canada announced Sunday that its PW535D turbofan engine has been selected to power Hawker Beechcraft's new Hawker 450XP light business jet.
Thain to head investment banking, wealth at BofA
John Thain, the Merrill Lynch & Co Inc chief executive who engineered the firm's sale to Bank of America Corp, will head investment banking, securities and wealth management at the new company -- at least for ...
PPG Aerospace and Gentex to Supply King Air 350i Electrochromic Shades
ORLANDO, Fla., Oct 05, 2008 -- PPG Industries' aerospace transparencies business and Gentex Corporation will supply electrochromic window shade systems to Hawker Beechcraft Corporation for the passenger-cabin ...
Credit crisis hits global farming sector
Wall Street woes have washed down Main Street and yesterday plowed their way through farm country, leaving big companies that buy and sell to farmers with plummeting share prices and shaken outlooks.
Columbus McKinnon buys firm in Germany
Columbus McKinnon Corp., moving to bolster its overseas business, has purchased a German hoist and material handling equipment manufacturer in a $53 million deal.
Honeywell sees strong demand for private jets
Canceled flights and onerous fees for checked bags and other services have companies lining up to buy their own planes, or a piece of one through jet-sharing services.
Waesche powers up major C4ISR components
By AMY McCULLOUGH Published: 2 Oct 20:38 EDT The National Security Cutter Waesche powered up the first of its C4ISR equipment kicking off the ship's electronics test program, Lockheed Martin announced Thursday.
Ex-Blues Owner Gets Probation In Federal Case
Louis Blues owner Michael Shanahan Sr. is ordered to pay nearly $8 million in restitution and serve three years of probation for backdating stock options at Engineered Support Systems.
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