Industries News
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A Boeing Co. 747 jumbo cargo carrier clipped an American Eagle regional plane at Chicago’s O’Hare airport today as the smaller plane was taxiing to a gate.
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Navistar International Corp., the maker of International brand trucks, fell as much as 5.2 percent after Jefferies Group Inc. said the company may lower its annual profit forecast when it reports second-quarter earnings.
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Oil tumbled to a seven-month low on speculation that U.S. crude stockpiles climbed to the highest level since 1990 and as the euro weakened on concern that the debt crisis will overwhelm Spain.
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Kayak Software Corp. is delaying its initial public offering following Facebook Inc.’s post-IPO tumble, according to a person close to the situation.
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