US may help to ease cost of Boeing terror insurance
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Boeing soon may be eligible to buy US terrorism insurance at below-market rates, adding fuel to a debate with Europe over aircraft-maker subsidies.
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WASHINGTON -- Boeing Co., the second-largest US defense contractor, won the first piece of a $2.5 billion contract to secure the US border and help stem illegal immigration, congressional aides said.
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Hurricane Frances could cause $3-6bn in insured losses in the US, less than experts first predicted.
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US companies are expected to contribute hundreds of millions of dollars in relief aid to tsunami-hit Asia, but some may be slower to help since the sudden disaster
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US Airways and its pilots union are close to reaching a $300 million cost-cutting agreement, a key part of a restructuring plan that the airline says it needs to help it emerge from bankruptcy.
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Blog: How easy is it to get a missile-zapping aircraft off the ground? It depends on how much Congress is willing to pay.
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WASHINGTON, Oct 11  - Boeing Co. chief executive Harry Stonecipher said Monday he hopes to avoid an all out US-EU trade war over aerospace subsidies, preferring an accord that fixes a limit on state aid.
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US aviation giant Boeing Co. is pressing for an end to subsidies for its European rival Airbus, which will be at the heart of new talks this month between the US government and the European Union.
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The United States said on Tuesday it may  soon take legal action in a trade row over government help for  Airbus and Boeing, particularly as the European aircraft maker  was seeking support for a new project. Washington and Brussels  have so far resisted launching legal action at the World Trade  Organization (WTO) in their battle over allegations of illegal  subsidies to the aviation rivals, but that option may now be  just weeks away.
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The Asian earthquake and tsunami catastrophe has unleashed financial damage in the tens of billions of dollars but foreign insurers will get off lightly, according to a top US industry body.
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A provision buried deep in the defense authorization bill passed by Congress this week could release hundreds of millions of dollars now beyond the reach of victims of terrorist attacks struggling to collect damages from foreign governments. But experts say it also may undermine one of the...
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While most Americans focus on the   threat of another aviation attack like the September 11   hijackings, the U.S. government is quietly working to prevent   something far worse -- a catastrophic strike with a weapon of   mass destruction.
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U.S. shares were set to open slightly firmer on Tuesday, helped by a further dip in oil prices but a ruling regarding the destruction of the World Trade Center on Sept. 11, 2001 may weigh on insurance stocks.
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US Airways Group Inc.&#39;s pilots union said on Wednesday it may agree this week on a plan to cut wages and benefits to help the seventh-biggest US airline avoid a second bankruptcy filing.
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Travelers flying US Airways during the coming holidays can breathe a little easier. The threat of labor-related disruptions has eased ... for the moment. Expanded hearings next month have decreased the likelihood
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BRUSSELS - The United States is to press Europe to end subsidies to Airbus Industrie in talks on Thursday, but the EU says any such cuts must be matched by pledges to slash government help for US plane maker Boeing.
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The CIA estimates that prior to Sept. 11, Al Qaeda was spending about $30 million per year. Since then, the US has seized some $265 million in assets linked to the group.