Honeywell on Monday said it expects to record a one-time charge of about $470 million in the fourth quarter related to a potential settlement of Flexjet-linked litigation, sending its shares down 1.3% in premarket trading. Private aviation company Flexjet sued …
White House Weighs US Incubator for Cyber Research, Startups
The Trump administration is weighing a plan to establish a government-led incubator aimed at investing in cybersecurity research and spinning out startups focused on developing