Boeing Co. (NYSE:BA) said Tuesday it will take a $1 billion pre-tax charge in the third quarter due to increased production costs and difficult market conditions affecting its 747-8 program.

If CIT Group (CIT) files to reorganize under Chapter 11 of U.S. bankruptcy law, Goldman Sachs (NYSE:GS) (GS) could receive a $1 billion payment because of the structure of a $3 billion rescue financing that Goldman had arranged for the New York comme...

Chemical and pharmaceutical company Solvay SA, says it has agreed to sell its entire pharmaceutical business to U.S. company Abbott Laboratories. Abbott Laboratories’ purchase of Solvay SA’s pharmaceutical unit, for about 4.8 billion euros ($7.1...

America’s motorcycle giant Harley Davidson plans to formally enter the lucrative motorcycle market in India, where it expects to start selling its iconic motorcycles in 2010. The company will initially set up dealerships in large cities like M...

The North Chicago-based medical product giant  Abbott Laboratories Inc’s second-quarter earnings fell 2.6 percent, with generic competition for its Depakote anti-seizure drug overshadowing strong sales of its Humira arthritis drug and its Xien...