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Sukhoi superjet: A belly crash during test flightSukhoi superjet crash: The new Russian aircraft made a belly landing during a flight to test its landing gear system. The Sukhoi superjet 100 is a medium-range $35 million aircraft.
Texas roller coaster death: German firm to investigateGerman roller coaster manufacturer sends officials to inspect ride involved in woman's death at Six Flags in Texas. Company official says he's sure roller coaster's safety bar wasn't broken, despite woman's plunge in Texas.
Stocks held back by tech sectorStocks fell Friday led by a slump in technology stocks. Microsoft fell聽the most in more than four years after the company wrote off nearly $1 billion on its new tablet computer and reported declining revenue for its Windows operating system.聽
Morgan Stanley quarterly profit jumps on stock tradingMorgan Stanley reported seeing income rise in all of its businesses. Profit for Morgan Stanley in wealth management jumped 83 percent, while profit from trading and investment banking was six times higher than it was a year earlier.
Intel Corporation cuts revenue forecast as PC industry sagsDespite dominating the PC industry, Intel Corporation has yet to roll out chips that can be used in smartphones and tablets. Intel executives say they intend to aggressively pursue mobile business.
Verizon posts 'solid' quarterly revenue resultsVerizon Communications Inc. did not produce as strong a growth in revenue as analysts expected. Verizon executives say the company's shrinking wireline revenue is due to corporate spending cuts and reduced government spending.
'Goth Barbie' sells big; Barbie sales slump'Goth Barbie', otherwise known as the 'Monster High' line of dolls, has been an unexpected hit for Mattel. But while goth Barbie soars, regular Barbie is in a protracted sales slump.聽
Stocks up on reassurance from BernankeStocks edged up Wednesday after Federal Reserve聽Chairman Ben Bernanke聽said that the U.S. central bank had no firm timetable for cutting back on its bond purchases. Higher earnings for several major companies also helped stocks.
Marissa Mayer hits one year at Yahoo, but revenue disappointsMarissa Mayer has been at the helm of Yahoo for one year, bringing sweeping changes to the company. Yahoo's second quarter earnings beat expectations Tuesday, but its revenue outlook fell short. Mayer remains upbeat about the company's progress. 聽
Keith Olbermann comes back to ESPN to host late-night showKeith聽Olbermann聽rose to prominence as a 'SportsCenter' anchor from 1992-97 before one of several contentious departures that have marked his career.
Asiana Airlines scraps lawsuit over racist pilot namesAsiana聽Airlines聽said Wednesday it no longer plans to sue a San Francisco TV station over the use of racially offensive names.聽 KTVU-TV has already apologized for using fake names for four pilots on a plane that crashed in San Francisco on July 6, Asiana Airlines said.
Bank of America earnings soar 70 percentBank of America's profits jumped 70 percent in the second quarter, helped by cost-cutting and higher earnings from investment banking.聽Bank聽of聽America, the country's second-biggest聽bank聽by assets, has been slimming down and cutting jobs since the beginning of 2010.聽
Stocks fall on lackluster earningsStocks closed down on Wall Street Tuesday after a string of disappointing earning reports from major companies. Coca-Cola stocks聽fell after the company said it sold less soda in its home market of North America.
Twinkies are back, and smaller than beforeTwinkies returned to store shelves nationwide Monday, but the new Twinkies weigh less and have fewer calories than their predecessors
Stocks extend hot start to JulyStocks edged higher on Wall Street Monday on a surge in Boeing, after it was found that batteries were not the cause of a fire on one of its 787 aircraft at London's Heathrow airport last week. The gains continue a hot streak for stocks in July.聽
787 Dreamliner fire wasn't caused by faulty batteriesInvestigators say Friday's fire on an empty Boeing 787 Dreamliner plane at London's Heathrow Airport wasn't caused by faulty aircraft batteries, but was probably an issue with the fuselage. In January, battery problems with Boeing's Dreamliners grounded the whole fleet.
Hulu sale is called off, owners will invest $750 millionThe rumored Hulu sale has officially been called off. 21st Century Fox, Disney, and NBCUniversal will remain owners of the online streaming service, and will reinvest $750 million to ensure its growth.聽
Stocks inch higher in record day on Wall StreetStocks rallied in the closing minutes on Wall Street Friday, closing high enough to聽post new record highs for the Dow Jones industrial average and the Standard & Poor's 500 index.聽Profits at big banks Wells Fargo and JP Morgan came in better than expected, and that helped financial聽stocks.聽
Walmart Twinkies are here, on sale before Hostess plannedWalmart Twinkies will be on sale this weekend,聽even though Hostess says it asked retailers to wait until Monday to start selling the iconic snack cakes. Walmart聽announced Friday that Twinkies were available at about 1,600 stores and that about 3,000 of its 4,000 U.S. stores should have them by Sunday morning.
Dreamliner fire disrupts Heathrow Airport; Boeing shares plungeTwo separate issues involving Boeing 787 Dreamliner planes have disrupted travel and sent Boeing shares falling Friday. A 787 Dreamliner en route from England to the US had to turn back after experiencing a technical issue, and Heathrow Airport briefly shut down its runways after a fire on an empty 787.聽
