Boeing’s next generation passenger aircraft — the 787 Dreamliner — has had another setback. The company was hoping to make its first delivery to a customer later this year, but Boeing said it won’t happen until next year. The Dreamliner already is three years behind schedule. » E-Mail This » Add to Del.icio.us
Also tagged another-setback-, boeing, customer-later, del-icio-us, dreamliner, img-alt, make-its, said-it-wonThe housing sector that dragged the economy into recession three years ago, is still in bad shape. Home sales are eroding despite low mortgage rates. There are just too many homes on the market and not enough people to buy them. Plus, there’s a huge shadow inventory: Millions of other homes are waiting to come on the market. » E-Mail This » Add to Del.icio.us
Also tagged a-huge-shadow, bad-shape-, come-on-the, enough-people, homes, homes-on-the, housing-sector, into-recession, low-mortgage, market, millions, the-economy, the-marketThe National Association for Business Economics said its latest survey, released Monday, found 31 percent of businesses added workers between April and June, the highest level in three years. » E-Mail This » Add to Del.icio.us
Also tagged april, business, business-economics, del-icio-us, highest, latest-survey, monday, national, national-association, said-its, the-highest, workers-betweenSpirit Airlines is canceling all of its flights through Tuesday, stranding thousands more passengers as a pilot’s strike continues. The discount carrier said on its website Sunday that all Spirit Airlines flights have been canceled through June 15. Pilots walked off the job Saturday amid an ongoing contract dispute with the airline that has lasted for more than three years. » E-Mail This » Add to Del.icio.us
Also tagged airlines, flights-have, its-flights, its-website, more-passengers, saturday, spirit, spirit-airlines, the-airline, tuesday, walked-off, walked-off-theConstruction spending fell for a seventh consecutive month as spending on both residential and commercial projects declined, the Commerce Department said. But a private trade group said that manufacturing activity grew at the fastest pace in more than three years. » E-Mail This » Add to Del.icio.us
Also tagged a-private-trade, activity-grew, both-residential, commerce-department, del-icio-us, grew-at-the, group-said, month-as-spending, seventh-consecutive, spending-fellRegulators accuse the three of manipulating numbers and concealing negative information from shareholders as the company collapsed into bankruptcy. Almost three years after New Century Financial Corp. collapsed in the first phase of the mortgage meltdown, three former executives of the Irvine company were accused by regulators Monday of misleading …
Also tagged accuse-the, accuse-the-three, areholders-as-the, century, century-financial, corp-, first, irvine, misleading-, monday, numbers-and, the-mortgage, three, three-formerConsumer sentiment rose more than expected in August and expectations hit the highest level since the recession began, indications that Americans’ pessimism about the economy may be lifting. And a national measure of home prices posted its first quarterly increase in three years. » E-Mail This » Add to Del.icio.us
Also tagged a-national-measure, august, del-icio-us, first-quarterly, highest, highest-level, hit-the, home-prices, posted-its, quarterly-increase, recession, recession-began, since-theShaun Donovan calls the 200,000 loans modified through the program since March a “significant achievement,” but says the pace will have to pick up to have a real impact. The agency was shooting to have 3 million to 4 million loans modified over three years. » E-Mail This » Add to Del.icio.us
Also tagged calls-the, donovan, modified-through, pace, program, real-impact-, the-pace, through-the-program