Manufacturing defect leads Boeing to ground several 787 jets


BUSINESS

Manufacturing defect leads Boeing to ground several 787 jets

Aug. 29  03:40 am JST  7 Comments

Boeing has found manufacturing defects on some of its 787 long-range airliners in areas where parts of the fuselage are joined together, the latest setback for the aircraft maker whose 737 Max is still grounded after two deadly crashes. The company said Friday that eight planes must be inspected and… READ

BUSINESS

Honda goes small with first all-electric car

Aug. 28  06:32 pm JST  27 Comments

As many automakers bet on sedans and SUVs in the switch to electric vehicles (EV), Japan’s Honda Motor Co Ltd has decided smaller is better for its first-ever all-battery car. The Honda e, released in Europe earlier this month, is a compact model meant solely for city driving. That contrasts… READBUSINESS

Tokyo stocks drop sharply on news Abe will resign

Aug. 28  04:00 pm JST  2 Comments

Tokyo stocks fell and the yen strengthened Friday after media reports that Prime Minister Shinzo Abe will step down due to health reasons, with the Nikkei briefly diving more than 2 percent. The 225-issue Nikkei Stock Average ended down 326.21 points, or 1.41 percent, from Thursday at 22,882.65. The broader… READ

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