Boeing expects $4 billion loss for fourth quarter after chaotic 2024

• Boeing books charges and warns on fourth-quarter revenue and profit

  Aerospace group cites $2.8bn hit from last year’s strike, lay-offs and rising defence business costs
  
  Financial Times - 3h

• South Korea's Economy Expands 2.0% in 2024 After Lackluster Fourth-Quarter Growth

  The data showed private consumption weakened and construction investment remained in contraction in the fourth quarter. Exports edged up on demand for semiconductors and other ...
  
  The Wall Street Journal - 1d

• United Airlines' first-quarter outlook outpaces estimates after profits surge to end 2024

  United topped analysts' estimates for fourth-quarter earnings and the airline's first-quarter outlook.
  
  CNBC - 1d
• 

  Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter

  The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.
  
  The Wall Street Journal - 2d
• 

  Notre Dame coach Marcus Freeman defends controversial fourth-quarter FG decision in CFP loss to Ohio State

  Freeman's decision drew heavy criticism on social media
  
  CBS Sports - 2d

• China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in

  The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.
  
  CNBC - 6d

• TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

  TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
  
  CNBC - Jan. 16
• 

  Boeing production in 2024 expected to be less than half of rival Airbus

  US planemaker may have delivered 340 aircraft compared with 766 of European group, analysis suggests. Boeing is expected to confirm it made less than half of the aircraft of its rival Airbus in ...
  
  The Guardian - Jan. 12

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More in Business

• 

  Charles Phan, Whose Slanted Door Elevated Vietnamese Food, Dies at 62

  The restaurant, which opened in San Francisco in 1995, married local ingredients with the food he grew up on and buoyed other chefs from immigrant families.
  
  The New York Times - 4m

• Constitutional amendment to allow Trump third term introduced in the House

  President Donald Trump has hinted at the possibility of somehow serving a third term in office.
  
  CNBC - 15m

• Boeing warns investors to brace for steeper quarterly losses, lower revenue

  Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.
  
  MarketWatch - 16m

• Twilio hits a milestone and cheers a big AI moment for customer communications

  Twilio’s stock is surging after the company gave upbeat initial results and talked up its long-term opportunity.
  
  MarketWatch - 18m

• Texas Instruments finally sees growth on the horizon, but it’s a slow recovery

  The semiconductor company predicts a return to growth after more than two years of revenue declines, but the industrial and automotive markets have yet to bottom.
  
  MarketWatch - 18m