Aerospace and defense industry
Defense giants say investors should still bet on them, as hopes for a Russia-Ukraine peace deal spark a selloff
Ukrainian servicemen operate a Soviet-made T-72 tank in the Sumy region, near the border with Russia, on August 12, 2024, amid the Russian invasion of Ukraine. Roman Pilipey | Afp | Getty Images Some of Europe’s biggest military contractors urged investors not to cash out of the sector on Tuesday, as stocks sold off on […]
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Frontier Airlines replaces CEO Barry Biffle with carrier’s president
Barry Biffle, president and chief executive officer Frontier Airlines, prior to a Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights hearing in Washington, DC, US, on Tuesday, Sept. 30, 2025. Kent Nishimura | Bloomberg | Getty Images Frontier Group Holdings, the parent of budget carrier Frontier, replaced its nearly decade-long CEO, Barry Biffle, […]
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European defense stocks slide as Zelenskyy ditches Ukraine NATO membership bid
European defense companies fell sharply on Monday as talks over a potential peace agreement to end the war in Ukraine took a new turn. President Volodymyr Zelenskyy said over the weekend that Ukraine was prepared to abandon the country’s longstanding aim of joining the NATO military alliance in exchange for alternative security guarantees to protect […]
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Engine failure forces United Airlines flight to return to Washington, D.C.-area airport
A United Airlines airplane is towed from a gate at Newark Liberty International Airport on August 10, 2025, in Newark, New Jersey. Gary Hershorn | Corbis News | Getty Images A United Airlines flight bound for Tokyo was forced to return to Dulles International Airport in northern Virginia on Saturday afternoon after experiencing an engine […]
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JetBlue unveils first ever airport lounge, BlueHouse. Here’s what’s inside
JetBlue Airways’ new lounge, BlueHouse, at JFK’s Terminal 5. Courtesy: JetBlue Airways JetBlue Airways‘ first airport lounge since it started flying nearly 26 years ago is here, inspired by a New York City apartment — but bigger. The 9,000-square foot lounge, called BlueHouse, is set to open Dec. 18 at 5 a.m. ET at the […]
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AI defense booms in UK and Germany as new wave of billion-dollar startups emerge
The U.K. and Germany are emerging as key hubs for a new wave of AI defense startups, as Europe scrambles to rearm amid rising geopolitical tensions. Private funding for defense startups across the region has ramped up in recent years, with investors looking to tap into increasing government military budgets, driven by the ongoing Russia-Ukraine […]
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Southwest CEO says airline ‘actively pursuing’ network of airport lounges
A Southwest Airlines plane takes off from Minneapolis–Saint Paul International Airport in Minneapolis, Minnesota, U.S., November 7, 2025. Tim Evans | Reuters Southwest Airlines is “actively pursuing” the possibility of opening a network of airport lounges, CEO Bob Jordan told CNBC on Wednesday, as the airline industry continues to fight over premium travelers. “I think […]
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Japan threatening us militarily, China foreign minister tells German counterpart
Federal Foreign Minister Johann Wadephul (l, CDU) and Wang Yi, Foreign Minister of the People’s Republic of China, greet each other before their talks. Picture Alliance | Picture Alliance | Getty Images Japan is threatening China militarily which is “completely unacceptable”, Chinese Foreign Minister Wang Yi told his German counterpart, after Japan said that Chinese […]
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Trump-brokered truce under threat as Thailand-Cambodia fighting reignites
A Thai soldier wounded by gunfire from Cambodian soldiers is taken to hospital by helicopter for medical treatment in Thailand on Dec. 8, 2025. The Royal Thai Army | Handout | Anadolu | Getty Images Thailand said its fighter jets struck Cambodia on Monday in an attempt to cripple its military capability, as a re-eruption […]
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United maintains elite status requirements for 2027, but here’s what’s changing
A traveler speaks to an agent at the United Airlines desk at O’Hare International Airport in Chicago, Illinois, on November 25, 2025, ahead of the upcoming Thanksgiving holiday. Kamil Krzaczynski | Afp | Getty Images United Airlines is joining Delta Air Lines in holding steady its requirements to earn elite frequent flyer status next year […]
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