Aerospace and defense industry
Global defense stocks soar as U.S. strike on Venezuela heralds new ‘hard power’ era
Defense stocks in Europe and Asia surged on Monday as investors assessed how the dramatic overthrow of Venezuelan leader Nicolas Maduro could herald a significant geopolitical shift that will boost the rearmament trade in the long run. Rheinmetall, Germany’s largest arms manufacturer, gained over 7% in early trade, while military technology and surveillance specialist Hensoldt […]
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Airlines restore Caribbean flights after U.S. lifts airspace restrictions tied to Venezuela strikes
Passengers wait at Luis Munoz Marin International Airport as all flights are cancelled following US military action in Venezuela, on January 3, 2026, in Carolina, Puerto Rico. Miguel J. Rodriguez Carrillo | Afp | Getty Images United Airlines, Delta Air Lines and other carriers began restoring flights to Puerto Rico and other parts of the […]
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Airlines cancel dozens of Caribbean flights after U.S. attacks on Venezuela
Passengers sleep on the floor, after flights were delayed and cancelled when the airspace was closed due to U.S. strikes on Venezuela overnight, at Rafael Hernandez International Airport in Aguadilla, Puerto Rico. REUTERS/Ricardo Arduengo Airlines canceled flights throughout the Caribbean on Saturday after U.S. strikes on Venezuela. The Federal Aviation Administration ordered commercial aircraft to […]
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Trump orders Chinese-controlled firm to unwind chip asset deal, citing national security risks
File: President Donald Trump looks on after signing an executive order in the Oval Office of the White House on April 9, 2025. Saul Loeb | Afp | Getty Images A company controlled by a Chinese national was ordered by U.S. President Donald Trump on Friday to unwind a $2.9 million acquisition of chip assets […]
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Behind the mesh curtain: Why airline class wars will intensify in 2026
Planes line up on the tarmac at LaGuardia Airport on November 10, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images From Spirit Airlines’ fight for survival to American Airlines‘ planned glow-up, from new international routes and brand-new airport lounges to stingier frequent flyer policies, class divides in the sky […]
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Space and defense boom lifted these satellite stocks by more than 200% in 2025
Charlie Ergen Karl Gehring | Dever Post | Getty Images Wall Street grew increasingly obsessed with the artificial intelligence boom this year, pouring money into chips, data centers and applications. But investors looking beyond Silicon Valley found outsized returns in another location: space. Some of the year’s biggest market winners were defense companies that benefited […]
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Winter storm puts airlines to the test. Here’s what travelers need to know
A traveler near a departures board at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Monday, Nov. 24, 2025. Victor J. Blue | Bloomberg | Getty Images Airlines are letting flyers change their trips ahead of a major winter storm that will put carriers to the test during one of the busiest […]
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Waymo pauses robotaxis in SF again due to flash flood warnings on Christmas Day
Waymo autonomous taxis turns onto Post Street in San Francisco, California, US, on Wednesday, Dec. 17, 2025. David Paul Morris | Bloomberg | Getty Images Waymo temporarily paused its robotaxi service in the San Francisco Bay Area on Thursday, ahead of expected storms in the area, according to a customer notification in the company’s driverless ride-hailing […]
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Hanwha’s Philly Shipyard can build nuclear submarine for U.S. Navy, executive says
An American Airlines plane above Hanwha signage at the Hanwha Philly Shipyard in Philadelphia, Pennsylvania, U.S., on Tuesday, Aug. 26, 2025. Bloomberg | Bloomberg | Getty Images Hanwha’s Philly Shipyard has the capability of building a nuclear-powered submarine for the U.S. Navy, said Alex Wong, global chief strategy officer at Hanwha Group, according to a […]
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North Korea’s Kim Jong Un views submarine construction, oversees missile launch, KCNA says
People look at a 24-hour YTN news TV broadcast at Seoul Railway Station showing a news broadcast with the North Korean leader Kim Jong Un giving a salute during a military parade at Kim Il Sung Square in Pyongyang. Sopa Images | Lightrocket | Getty Images North Korean leader Kim Jong Un observed construction of […]
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