Thomas Black
Sturm Ruger, Smith & Wesson climb following Orlando massacre
DALLAS - Gunmakers’ shares jumped following the massacre at an Orlando, Fla., nightclub that left at least 50 people dead.
Sturm Ruger & Co. climbed...
Honeywell’s Cote prunes resins unit in quest for higher growth
DALLAS - Honeywell International Inc. plans to spin off its $1.3 billion resins-and-chemicals business by early next year, enabling the company to concentrate on...
Private-plane purchases drop 3.1% as commodities market tumbles
DALLAS - Spending on business aircraft fell 3.1 percent last year as a commodities downturn crimped demand for long-range jets in emerging markets.
Companies and...
Rail cargo drop accelerates, pointing to U.S. economy weak spots
DALLAS - A sharper decline in U.S. railroad cargo this quarter points to weak spots in the U.S. economy as a strong dollar crimps...
Luxury-jet market value seen slipping for first time since 2009
LAS VEGAS - Global long-term spending on private jets is starting to slow for the first time since 2009 as slumping commodity prices sap...
Cessna seen building its biggest luxury jet as buyers crave size
DALLAS - Textron Inc.’s Cessna probably will introduce its largest-ever business jet next week to meet customers’ demand for roomier, more-comfortable cabins and longer...
America’s beaten-down factory worker is getting squeezed again
DALLAS - The great recovery in U.S. manufacturing jobs -- a surprising five-year surge that blossomed in the aftermath of the financial crisis and...
Plane or copter? Tilt-rotor may mix both in civil use
DALLAS - Bell Helicopter is reviving its vision of finding a civilian market for an aircraft that takes off like a helicopter and cruises...
United Technologies falls on forecast as Sikorsky to be shed
NEW YORK - United Technologies Corp. dropped the most in three months after lowering its 2015 profit target amid weakness at the Sikorsky helicopter...
CEO demand for larger jets leaves Textron’s Cessna lagging
DALLAS – Business-jet shipments worldwide rose last year for the first time since 2008 as corporate purchases of larger planes aided an industry that...
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