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    • Fourth F-35 Lightning II arrives at Nellis Air Force Base
      Pentagon, contractors take aim at F-35 operating costs

      By Andrea Shalal-Esa PARIS (Reuters) - With development and technology challenges on the Lockheed Martin Corp F-35 fighter increasingly under control, the company and the U.S. military are taking aim at … More »Pentagon, contractors take aim at F-35 operating costs

      Fourth F-35 Lightning II arrives at Nellis Air Force Base

      By Andrea Shalal-Esa PARIS (Reuters) - With development and technology challenges on the Lockheed Martin Corp F-35 fighter increasingly under control, the company and the U.S. military are taking aim at a more vexing problem: the cost of flying and maintaining the new warplane. U.S. officials worry the current $1.1 trillion …

    • Narayen, president and chief executive officer of Adobe Systems Inc., speaks in New York
      Adobe profit beats as Creative Cloud subscriptions soar

      By Sruthi Ramakrishnan (Reuters) - Adobe Systems Inc, which makes the Photoshop and Acrobat software, reported a higher-than-expected adjusted quarterly profit as demand rose for Creative Cloud, the subscription-based … More »Adobe profit beats as Creative Cloud subscriptions soar

      Narayen, president and chief executive officer of Adobe Systems Inc., speaks in New York

      By Sruthi Ramakrishnan (Reuters) - Adobe Systems Inc, which makes the Photoshop and Acrobat software, reported a higher-than-expected adjusted quarterly profit as demand rose for Creative Cloud, the subscription-based version of its flagship software package. Shares of the company rose 4.4 percent in after-market trading. …

    • An aerial view of the 50th Paris Air Show, at the Le Bourget airport near Paris
      Boeing's new Dreamliner steps up big jet battle

      By Alwyn Scott and Tim Hepher PARIS (Reuters) - Boeing launched a larger version of its flagship Dreamliner aircraft at the Paris Airshow on Tuesday, intensifying the battle with rival Airbus in the booming … More »Boeing's new Dreamliner steps up big jet battle

      An aerial view of the 50th Paris Air Show, at the Le Bourget airport near Paris

      By Alwyn Scott and Tim Hepher PARIS (Reuters) - Boeing launched a larger version of its flagship Dreamliner aircraft at the Paris Airshow on Tuesday, intensifying the battle with rival Airbus in the booming market for fuel-efficient, long-haul jets. The hotly anticipated announcement of the 787-10 Dreamliner, with 102 firm …

    • Workers build a booth for Dish, a satellite TV provider, as they prepare for the International CES show at the Las Vegas Convention Center in Las Vegas
      Dish abandons Sprint bid for now to focus on Clearwire

      By Sinead Carew NEW YORK (Reuters) - Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time for a Tuesday deadline and would instead focus on its … More »Dish abandons Sprint bid for now to focus on Clearwire

      Workers build a booth for Dish, a satellite TV provider, as they prepare for the International CES show at the Las Vegas Convention Center in Las Vegas

      By Sinead Carew NEW YORK (Reuters) - Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time for a Tuesday deadline and would instead focus on its tender offer for Clearwire Corp. The decision may be good news for Japan's SoftBank Corp, which is also trying to buy Sprint. …

    • U.S. Federal Reserve Chairman Bernanke speaks during a news conference in Washington
      Fed seen keeping options open on pace of bond buying

      By Alister Bull WASHINGTON (Reuters) - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open … More »Fed seen keeping options open on pace of bond buying

      U.S. Federal Reserve Chairman Bernanke speaks during a news conference in Washington

      By Alister Bull WASHINGTON (Reuters) - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve. Economic data since the 19 officials …

    • The Google logo is seen on the top of its China headquarters building in Beijing
      Google challenges surveillance court on First Amendment grounds

      SEATTLE (Reuters) - Google Inc asked the U.S. Foreign Intelligence Surveillance Court on Tuesday to allow it to publish aggregate numbers of national security requests it receives separately from criminal … More »Google challenges surveillance court on First Amendment grounds

      The Google logo is seen on the top of its China headquarters building in Beijing

      SEATTLE (Reuters) - Google Inc asked the U.S. Foreign Intelligence Surveillance Court on Tuesday to allow it to publish aggregate numbers of national security requests it receives separately from criminal requests, on First Amendment grounds. In its filing, Google requested the court to allow it to publish the aggregate …

    • A smartphone user shows the Facebook application on his phone in Zenica, in this photo illustration
      Exclusive: Facebook reaches 1 million active advertisers

      By Jennifer Saba (Reuters) - Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive … More »Exclusive: Facebook reaches 1 million active advertisers

      A smartphone user shows the Facebook application on his phone in Zenica, in this photo illustration

      By Jennifer Saba (Reuters) - Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to the world's No. …

    • Prices are seen on goods in a shop window in New York City
      Inflation data points to firming economy

      By Jason Lange WASHINGTON (Reuters) - Inflation showed signs of stabilizing in May after a long decline, a potential comfort to Federal Reserve policymakers who want to avoid any chance of a debilitating … More »Inflation data points to firming economy

      Prices are seen on goods in a shop window in New York City

      By Jason Lange WASHINGTON (Reuters) - Inflation showed signs of stabilizing in May after a long decline, a potential comfort to Federal Reserve policymakers who want to avoid any chance of a debilitating bout of deflation. The Labor Department said on Tuesday the consumer price index edged 0.1 percent higher last month …

    • Storm clouds pass over the top of the Empire State Building in New York
      Empire State Building gets 'left-field' $2 billion offer to sell

      NEW YORK (Reuters) - A New York City real estate company offered to buy the Empire State Building for $2 billion, a written offer showed, significantly below the skyscraper's appraisal price and about … More »Empire State Building gets 'left-field' $2 billion offer to sell

      Storm clouds pass over the top of the Empire State Building in New York

      NEW YORK (Reuters) - A New York City real estate company offered to buy the Empire State Building for $2 billion, a written offer showed, significantly below the skyscraper's appraisal price and about three weeks after investors in the iconic building approved a plan to take the tower public in a real-estate investment …

    • File photo of U.S. President Obama meeting with Federal Reserve Chairman Bernanke at the White House in Washington
      Obama says Bernanke has 'stayed a lot longer' than he wanted at Fed

      By Steve Holland WASHINGTON (Reuters) - President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying Ben Bernanke has stayed … More »Obama says Bernanke has 'stayed a lot longer' than he wanted at Fed

      File photo of U.S. President Obama meeting with Federal Reserve Chairman Bernanke at the White House in Washington

      By Steve Holland WASHINGTON (Reuters) - President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying Ben Bernanke has stayed a lot longer than the current chairman had originally planned. Obama, speaking to Charlie Rose, host of a PBS interview …

    • The logo of Kabel Deutschland is written on a door bell at the Kabel Deutschland playout center in Frankfurt
      Vodafone raises Kabel Deutschland offer after rival bid: report

      (Reuters) - Britain's Vodafone Group Plc has raised its preliminary offer to buy Germany's largest cable operator, Kabel Deutschland Holding AG, a day after U.S. media group Liberty Global Plc made a rival … More »Vodafone raises Kabel Deutschland offer after rival bid: report

      The logo of Kabel Deutschland is written on a door bell at the Kabel Deutschland playout center in Frankfurt

      (Reuters) - Britain's Vodafone Group Plc has raised its preliminary offer to buy Germany's largest cable operator, Kabel Deutschland Holding AG, a day after U.S. media group Liberty Global Plc made a rival bid, Bloomberg reported on Tuesday, citing people familiar with the bid. Bloomberg reported that Vodafone told Kabel …

    • Traders work on the floor at the New York Stock Exchange
      Wall St. extends rise, investors see no change in Fed policy

      By Ryan Vlastelica NEW YORK (Reuters) - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected … More »Wall St. extends rise, investors see no change in Fed policy

      Traders work on the floor at the New York Stock Exchange

      By Ryan Vlastelica NEW YORK (Reuters) - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts. Strong market breadth showed an increased appetite for equities, but trading volume …

    • An American Airlines passenger jet taxis to a runway as a Southwest Airlines jet lands at San Francisco International Airport
      U.S. lawmakers urge careful review of American-US Airways deal

      WASHINGTON (Reuters) - Two U.S. lawmakers with antitrust oversight have urged the Obama administration to carefully review a planned merger of American Airlines and US Airways Group to ensure that it will … More »U.S. lawmakers urge careful review of American-US Airways deal

      An American Airlines passenger jet taxis to a runway as a Southwest Airlines jet lands at San Francisco International Airport

      WASHINGTON (Reuters) - Two U.S. lawmakers with antitrust oversight have urged the Obama administration to carefully review a planned merger of American Airlines and US Airways Group to ensure that it will not lead to higher prices for air travelers. US Airways announced on February 14 that it planned to buy American Airlines …

    • United Dreamliner diverted due to possible oil filter problem

      SEATTLE (Reuters) - United Airlines said on Tuesday that a Boeing Co 787 on its way to Tokyo from Denver was diverted to Seattle after an indication of a problem with an oil filter in an engine, but the … More »United Dreamliner diverted due to possible oil filter problem

      SEATTLE (Reuters) - United Airlines said on Tuesday that a Boeing Co 787 on its way to Tokyo from Denver was diverted to Seattle after an indication of a problem with an oil filter in an engine, but the plane landed without incident. The unscheduled diversion is the latest hiccup for Boeing's newest plane, which has been …

    • A worker walks past Amazon Fresh delivery vans parked at an Amazon Fresh warehouse in Inglewood
      From the ashes of Webvan, Amazon builds a grocery business

      By Alistair Barr SAN FRANCISCO (Reuters) - The online grocery start-up Webvan may have been the single most expensive flame-out of the dot-com era, blowing through more than $800 million in venture capital … More »From the ashes of Webvan, Amazon builds a grocery business

      A worker walks past Amazon Fresh delivery vans parked at an Amazon Fresh warehouse in Inglewood

      By Alistair Barr SAN FRANCISCO (Reuters) - The online grocery start-up Webvan may have been the single most expensive flame-out of the dot-com era, blowing through more than $800 million in venture capital and IPO proceeds in just over three years before shutting its doors in 2001. Twelve years later, though, Webvan is …

     

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