Boeing Co. shares recovered most of their July 12 losses after U.K. regulators saw no direct link with last week’s fire on a 787 at London’s Heathrow airport and battery blazes that grounded the fleet this year.
A fire on board a Boeing Co. 787 Dreamliner parked at London’s Heathrow airport yesterday doesn’t appear to be related to the battery system malfunction that grounded the long-haul aircraft fleet earlier this year, a U.K. regulator said today.
United Parcel Service Inc., the world’s biggest package delivery company, cut its 2013 earnings forecast, saying a slowing U.S. economy hurt second-quarter profit and revenue. The stock tumbled the most since 2008.
Support for gay marriage by companies as varied as Goldman Sachs Group Inc., Microsoft Corp. and Starbucks Corp. is gathering steam to change policies in states that bar same-sex couples from tying the knot.
Exelon Corp. , the largest operator of U.S. nuclear power plants, is near an agreement to buy Constellation Energy Group Inc . for about $7.7 billion, adding stakes in five reactors in Maryland and New York, according to a person with knowledge of the matter.