Bloomberg Boeing Co. is investing in Pittsburgh-based Near Earth Autonomy, a self-guided drone startup, marking its first financial backing for a company specialising in autonomous technology since establishing the HorizonX venture fund in April. Boeing, the world’s largest aerospace company, declined to specify the size of the investment. Near Earth Autonomy authorized the sale of about $10 million in equity, ...

Bloomberg Amazon.com Inc.’s second headquarters, dubbed HQ2, has lured 238 proposals extending across 54 states, provinces, districts and territories in North America, the company said. Only seven US states refrained from bidding: Arkansas, Hawaii, Wyoming, North Dakota, South Dakota, Montana and Vermont, according to a map Amazon published on its website. Cities are battling for Amazon’s investment of $5 billion ...

Bloomberg The Pentagon is accelerating production of Lockheed Martin Corp.’s F-35 jet even though the planes already delivered are facing “significantly longer repair times” than planned because maintenance facilities are six years behind schedule, according to a draft audit. The time to repair a part has averaged 172 days—“twice the programme’s objective”—the Government Accountability Office, Congress’s watchdog agency, found. The ...