Boeing Co. clinched the first big deal of this year's Farnborough Airshow on Monday with a firm order from Air Lease Corp. for 75 of its redesigned 737 aircraft worth $7.2 billion.
For Chicago-based Boeing, this year's show offers a chance for its revamped 737, called the 737 Max, to close a gap with a rival jet.
Audi, one of Volkswagen AG's luxury brands, saw sales jump 13 percent in June due to stronger demand in the company's home market of Germany as well as the US and China.
While overall economy grew for the 37th consecutive month, economic activity in the manufacturing sector contracted in June for the first time since July of 2009, according to the June Manufacturing ISM Report on Business.
Those who thought sport utility vehicles were going the way of the dodo were wrong. SUVs haven't died off amid higher gasoline prices.
Toyota Motor Corp.'s Prius hybrid remained the best-selling vehicle in Japan in June for the 13th consecutive month.
U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is still struggling three years after the recession ended.
The reports offered some hope for the job market after three sluggish months of hiring.
"The affordability of cars is probably at an all-time high," Chrysler Group sales chief Reid Bigland said last week.
Companies placed more orders with U.S. factories in May from April, demanding more computers, machinery, and other equipment that signal investment plans.
Boeing is predicting that the world's airlines will buy 34,000 new airplanes over the next 20 years, driven by strong growth in China, India, and other emerging markets.
U.S. manufacturing shrank in June for the first time in nearly three years, adding to signs that economic growth is weakening.
China's manufacturing grew in June by its slowest pace in seven months, a survey released Sunday showed, raising questions about Beijing's efforts to prevent the world's second biggest economy from slowing too quickly.
Big manufacturers have more confidence in Japan's economy but remain pessimistic overall, a closely watched quarterly survey by the country's central bank showed Monday.
The U.S. economy is growing too slowly to pull the job market out of a slump, according to the latest data that suggest June has been another weak month for hiring.
Smith & Wesson Holding Corp. said its 4Q net income soared on strong sales, particularly of its polymer pistols and modern sporting rifles, and it gave forecasts that beat expectations.
Japan's factory output declined 3.1 percent in May from the previous month as the world's third biggest economy grapples with weaker European demand and an uneven recovery from last year's tsunami disaster.
Ford Motor Co.'s shares fell in post-market trading after the company said its second-quarter profit fell due to mounting losses outside North America.
Schnitzer Steel Industries Inc. said Thursday that its fiscal third-quarter net income slid 66 percent as it deals with higher costs and lower selling prices in its metals recycling unit .
The U.S. economy expanded at a 1.9 percent annual rate in the first three months of the year, a weak pace that few economists see changing much this year.
Factories received more orders in May for long-lasting manufactured goods such as heavy machinery, computers and communications equipment . . .
The Commerce Department said Wednesday that orders for durable goods rose 1.1 percent in May after two months of declines.
LDK Solar Co. on Tuesday posted a first-quarter loss of $185.2 million, reversing a year-ago profit, after booking charges related to a plunge in solar panel prices and new anti-dumping regulations in the U.S.
The world's top mobile phone maker said it expects global sales of the latest Galaxy smartphone to surpass 10 million in July even as it struggles to keep up with demand because of component shortages.