Business

Israel says first country to use U.S.-made F-35 in combat

Israel is actually the first country to have used the U.S.-made F-35 stealth fighter in combat, the Israeli air force chief said on Tuesday in remarks carried by the military’s official Twitter account. Local media further quoted Major-General Amikam Norkin as saying in a speech to the chiefs of 20 foreign air forces convening in Israel: “We are flying the ...

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SpaceX president Gwynne Shotwell wants her work to inspire women

Shotwell has been a member of SpaceX since shortly after its founding in 2002. She at This kind of point serves as the lieutenant to CEO Elon Musk, spending her day-to-day implementing Musk’s vision of building the first company transporting humans to along with through Mars. While Shotwell emphasized which the idea will take time to achieve This kind of ...

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Airbus moves to comply with WTO ruling on aircraft subsidies

“The WTO will decide what the proper number will be along with .. give the U.S. that will authority,” Robert Novick, co-managing partner at U.S. law firm WilmerHale, told the BBC Today programme. “In parallel, the U.S. will develop a list of products on which that will might consider imposing counter-measures,” he added. The transatlantic dispute stems coming from mutual ...

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KSS, AAP, AZO, GM, F, FCAU, MU & more

Check out the companies producing headlines before the bell: Kohl’s – The retailer beat Street forecasts by 14 cents a share, with adjusted quarterly profit of 64 cents per share. Revenue beat estimates, as well. Comparable-store sales were up 3.6 percent, better than the Thomson Reuters consensus estimate of a 2.7 percent gain. Kohl’s also raised its full-year earnings forecast. ...

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Lowe’s names JC Penney CEO Marvin Ellison as its brand-new CEO

Lowe’s Companies will be poaching J.C. Penney Company CEO Marvin R. Ellison. The home improvement retailer announced Tuesday which will be naming Ellison president as well as CEO, effective July 2. Ellison will take over for Robert A. Niblock, who previously announced his intention to retire. Lowe’s, under pressure coming from activist investor D.E. Shaw & Co, announced in March ...

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BP invests in Israeli battery startup StoreDot

BP has invested $20 million in Israel’s StoreDot, a start-up which claims its batteries can charge electrics cars in a few minutes. The oil giant said Tuesday which its venture capital arm BP Ventures was investing within the Tel Aviv-based firm as the idea looks to reduce greenhouse gas emissions in its operations. “Ultra-fast charging is usually at the heart ...

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JetBlue-backed private jet company signs up for hybrid electric planes

A JetBlue-backed private jet company is actually generating a bet on electric planes. JetSuite, which offers private charter flights, along with semi-private scheduled service on its JetSuiteX planes, said Monday the item will become the launch customer for up to 100 hybrid-to-electric planes through start-up Zunum Aero. Zunum, which is actually backed by venture arms of both JetBlue along with ...

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Royal Wedding gift bags for sale on eBay

While many observers of Saturday’s royal wedding saw the look of love, others saw dollar signs, which seems, as numerous attendees have taken to eBay to sell their gift bags. As of Tuesday morning, 34 auctions were listed on the website, with prices ranging coming from £112 (around $150) up to £10,100 (approximately $13,552). The highest priced listing, which is ...

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