Lockheed Martin is teaming up with Airbus to potentially offer aircraft for airborne refueling to the Pentagon, amid Boeing’s struggles to build tanker planes.
The quick development of pilotless aircraft has captivated throngs of industry
executives with its possibilities, promising services like drone-based package
delivery, rescue drones and drone taxi services. But that promise has been
overshadowed at times by incidents like the one this week at Gatwic…
Airbus, one of Europe’s biggest companies, sharpened its threat to move
operations out of the U.K. if politicians couldn’t negotiate a deal to leave the
European Union in an orderly fashion.
Tesla cut the price of its Model 3 sedan again, bringing the sticker price down
to $42,900, and Chief Executive Elon Musk said with remaining credits and fuel
savings the electric car’s ‘starting cost’ is now about $35,000.
When Airbus SE rolled out plans in 2000 to build the world’s biggest passenger jet, skeptics warned it would be too heavy, too tall and too long for many airports.
The World Trade Organization Thursday handed the European Union a victory in a
protracted trade battle with the U.S. over plane subsidies given to Boeing,
moving the EU closer to imposing potentially large retaliatory tariffs.
The new chief operating officer of Airbus said the European plane maker expects
more regulatory scrutiny after two crashes by Boeing’s 737 MAX jets have raised
questions about safety oversight.
Vehicle deliveries hit a record in the most recent quarter, accelerating the Silicon Valley car maker’s recovery after sales slowed during the height of the pandemic.
Japan’s SoftBank said it now plans to take U.K.-based chip-designer Arm public
instead of selling it to Nvidia, after the proposed transaction raised antitrust
concerns.
The U.K.’s Defense Ministry said Russian air operations over Ukraine have slowed, potentially in response to combat losses that the invading forces have suffered.
“There has been a notable decrease in overall Russia air activity over Ukraine in recent days,” the ministry said in a statement Thursda
The Pentagon remains eager to find ways to boost Ukraine’s air defenses despite nixing an idea to get the country MiG-29 combat jets.
“We believe the best way to support Ukrainian defense is
European Union foreign-policy chief Josep Borrell said the bloc plans to provide
an additional 500 million euros, equivalent to $550 million, in military support
to Ukraine. The financial assistance has wide support among EU member states, he
said ahead of an informal summit of EU leaders in Versai
Russian forces trying to take Kyiv appear to have repositioned to cut the
Ukrainian capital off on all sides and reduce their own risk of being hit by the
defending troops. “Elements of the large Russian column north of Kyiv have
dispersed. This is likely to support a Russian attempt to encircle th
Russia may be preparing to launch a fresh assault on the Ukrainian capital,
Kyiv, and other locations in the coming days as it adjusts its forces for a new
offensive, the U.K.’s Defense Ministry said Friday. “Russia is likely seeking to
reset and re-posture its forces for renewed offensive activity
Lawyers for Elon Musk said in a letter that he intends to proceed with the
purchase of Twitter on agreed terms contingent on some actions by a court where
the takeover battle is due to be adjudicated this month. The letter, dated Oct.
3 and made public in a Twitter regulatory filing on Tuesday, say
If Elon Musk and Twitter reach an agreement to proceed with the $44 billion
takeover, it could set the deal up for relatively smooth completion from here on
out after a tumultuous couple of months. Twitter investors have already signed
off on the deal, [approving the transaction](https://www.wsj.co
Microsoft’s after-hours share decline accelerated Tuesday after the company issued its outlook for the current quarter during an analysts call.
The company said sales for its Productivity and Business Processes segme