Business Latest News: UK Dreamliner Fire Probe Confirms Looking at Honeywell Part

Wochit 0:44 mins

British investigators said that a transmitter made by U.S. firm Honeywell was one of several components that may have caused a fire on a Boeing Dreamliner in London last week. Online-broker Charles Schwab posted a 7 percent fall in quarterly profit as growth in net-new-assets slowed and expenses rose. Johnson & Johnson reported higher-than-expected second-quarter earnings as strong sales of prescription drugs and medical devices more than offset anemic growth of its consumer products.

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