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Bombardier cuts Republic C Series order

  Bloomberg Bombardier Inc. has removed from its production schedule an order for C Series aircraft placed six years ago by bankrupt Republic Airways Holdings Inc. Republic agreed in February 2010 to 40 firm orders and 40 options for the CS300 model, with deliveries initially scheduled to start in 2015. While the firm orders remain in the planemaker’s backlog, removal ...

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Wal-Mart lifts retail shares as US stocks see retreat

  New York / AFP Wal-Mart and some smaller retailers surged following strong quarterly results, while the broader US market retreated on worries about higher interest rates. Wal-Mart Stores jumped 9.6 percent after reporting better-than-expected first-quarter earnings. Sports apparel and equipment chain Dick’s Sporting Goods and youth-oriented apparel chain Urban Outfitters soared 8.6 percent and 14.0 percent following earnings. The results ...

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High-flying drone makes debut flight to test farmland photos

  Hillsboro / AP A high-flying drone that will be used to test precision agriculture methods made its inaugural flight in North Dakota amid handshakes and smiles from aircraft operators and farm officials. The Israeli-manufactured Elbit Systems Hermes 450 aircraft took off from the Hillsboro airport to start a summer-long project that will take pictures of farmland in the fertile Red ...

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