Nike’s new Charlotte Hornets uniforms have one detail different than the rest of the NBA

Boeing’s new avionics unit targets its suppliers’ business

Boeing Co (BA.N) said on Monday it set up an avionics group to make aircraft controls and electronics that compete with its own suppliers such as Rockwell Collins Inc (COL.N), United Technologies Corp (UTX.N) and Honeywell International Inc (HON.N). The world's largest plane maker said the unit had already started work and aims to bring systems for military, civil and space vehicles into service after 2020, capturing more of an avionics market worth hundreds of millions of dollars a year. Boeing said its systems would be lower-cost, higher-quality alternatives to existing products, and would deliver more services revenue to Boeing after a plane is sold.


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Oil near two-month high as producers set to meet again

Oil near two-month high as producers set to meet again

Oil prices were near two-month highs on Monday, putting July on track to become the strongest month so far this year, as news of a producers' meeting next week added to bullish sentiment driven by the threat of U.S. sanctions against OPEC-member Venezuela. Benchmark Brent crude traded down 19 cents or .36 percent at $52.33 a barrel at 12:00 p.m. (1600 GMT). U.S. light crude oil traded down 40 cents or .8 percent at $49.31 a barrel.


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