John Leahy, Airbus' chief salesman, said the European aircraft maker expects to sell about 700 planes this year, down from more than 1,400 orders last year.
Federal Reserve lowered its projection for economic growth this year, citing damage from the double blows of a housing slump and credit crunch.
At issue before the Supreme Court was whether a company could be sued under state law over a device previously cleared for sale by federal regulators.
U.S. consumer prices rose by a bigger-than-expected amount in January, reflecting big increases in the cost of food and health care, the government reports.
Drug maker will buy biopharmaceutical company Encysive Pharmaceuticals Inc. to strengthen its portfolio in products treating high blood pressure.
Toshiba Corp. and Sony Corp. signed an agreement to form a joint venture to start making advanced chips in April.
Lawsuits claim workers arrive at their job sites early for their shifts so they can put on protective and sanitary equipment and use unpaid time to take off the gear.
Boeing outpaced its European rival Airbus in competition for Asian customers this week, snagging orders for 60 planes from two Indonesian airlines.
Automaker holds off announcing the number of hourly employees accepting buyout offers for several more weeks despite elapsed deadline for workers to make a decision.
Sony Corp. will spend $204 million to speed up the development of organic light-emitting diode panel technology.
Canada's inflation rate dropped 0.2 percentage point to 2.2 percent, giving the Bank of Canada more room to cut interest rates next month.
Evraz Group is seeking to buy Singapore-based steel products maker, Delong Holdings, in a move to expand into China, the world's fastest-growing market.
Inflation rose to its highest level in more than 11 years after devastating snowstorms worsened food shortages, and analysts warned there might be sharper increases to come.
Lockheed Martin aims to sell about 500 F-35 aircraft to governments in the Asia-Pacific region during the life of the stealth fighter's production program.
U.S. toy makers, faced with soaring energy and raw material prices and rising labor costs in China, are tweaking their new product lines and scaling back their offerings.
Research in Motion’s and Motorola's dueling patent infringements lawsuits could take years to settle, and even then the outcome poses harm to both phone makers, analyst says.
Siemens Power Generation plans to expand its production of wind turbine blades creating 287 'green-collar' jobs in southeastern Iowa.
Toshiba will no longer develop, make or market HD DVD players and recorders, handing a victory to rival Blu-ray disc technology in the format battle for next-generation video.
About a quarter of GM's hourly work force represented by the United Auto Workers could leave the company under a new round of buyout and early retirement offers.
Research In Motion Ltd. is suing Motorola Inc. over several patents used for wireless devices such as RIM's BlackBerry e-mail devices and Motorola's Razr smart phones.
Attorneys for victims of BP's deadly plant explosion in Texas contend the fine could be as much as $3.2 billion, dwarfing the $50 million being proposed in a plea agreement.
Lockheed Martin has received an order from India for six Super Hercules C-130J military transport planes in a deal worth about US$1 billion, a company executive said.
Miner announced a deal that will raise iron ore prices 65 percent for three major Asian clients amid booming global demand for the raw ingredient used to make steel.
European Union ministers' reactions highlighted the divide between the WTO's rich and poor nations, which have failed in recent months to resolve any of their biggest differences.