United Technologies 4Q profit down but sales grow

United Technologies Corp. posted a 26 percent drop in fourth-quarter net income from continuing operations on Wednesday due to one-time items including restructuring costs and completing its $18.4 billion Goodrich acquisition.

The Bloodhound SSC: Faster than a speeding bullet

Twenty-nine years ago today, Richard Noble in Thrust2 broke the land speed record for Britain at 633.468 mph in October 1983. That day saw the start of my love affair with the land speed record. Again in September 1997 Richard ...

Protection against wing icing

When ice builds-up on the wings of aircrafts, it drives up costs and impedes safety – and in the worst case scenario, could even cause an aircraft to crash. At the ILA Berlin Air Show from September 11 - 16, researchers ...

GE investing $1B in Bay Area software hub

(AP) -- General Electric Co., a maker of power plants, jet engines and medical imaging equipment, said Thursday that it is investing $1 billion in a new software headquarters in the San Francisco Bay Area with plans to hire ...

Paris Air Show spotlights fuel cost fears

(AP) -- Airlines will be seeking a cleaner, cheaper way to fly and planemakers will be angling for billions in new contracts Monday at the Paris Air Show, which stars a solar plane, biofuel jet engines and the Boeing-Airbus ...

Conflicting policies on flying under ash confuse

(AP) -- If you had hoped to fly Qantas between Australia and New Zealand, you were out of luck. The national carrier grounded planes after a plume of ash from a Chilean volcano moved over the southern Pacific.

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