A senior Lockheed Martin executive said investigators are close to nailing down the cause of an engine fire that grounded the fleet of F-35 jet fighters and delayed testing on the aircraft.
More than two dozen of the largest U.S. companies have CEOs and CFOs who hail from the same alma mater, according to a Wall Street Journal review.
Activist investor Jana Partners is calling for oil and gas company Apache Corp to exit some of its most expensive projects.
Rockwell Collins said its fiscal third-quarter earnings fell 3.6% as costs rose, while the aerospace-technologies company saw a recent acquisition again drive an increase in revenue.
Continued slowdown in cigarette shipment volume weighed on Altria Group's bottom-line, though the cigarette maker's adjusted earnings improved.
Ingersoll-Rand said its second-quarter earnings fell 3.5% as restructuring-related and other costs offset an increase in revenue in both its industrial and climate segments.
Strengthening domestic and international sales buoyed Domino's second-quarter profit, helping the bottom line climb 16% at the pizza chain.
Lexmark 's second-quarter earnings fell 88% as the printer company's year-earlier period included a benefit from the sale of its inkjet business, masking a slight increase in revenue.
Karl Albrecht, a founder of discount supermarket chain Aldi and one of Germany's wealthiest men, has died at age 94.
EMC has long set itself apart with what it calls a 'federation' structure, comprised of units that can act cooperatively or independently. That approach now faces its stiffest test yet.