New On The Block

Honeywell(NASDAQ:HON) is back at it again with big plans and boardroom brainstorms. This time, the Charlotte, North Carolina-based company is considering sending its aerospace business off to fly solo. Recently, Honeywell unveiled plans to spin off its Advanced Materials business into a standalone public company by late 2025 or early 2026. Additionally, the company is selling its Personal Protective Equipment (PPE) business to Protective Industrial Products for $1.325 billion in cash.

Textron Inc. (NYSE:TXT) has decided it's time to hit the brakes on its Powersports product line, part of the Industrial segment's Textron...