Latest in Beleaguered Boeing Sells More Shares to Raise Cash
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Beleaguered Boeing Sells More Shares to Raise Cash
As a six-week strike drags on, the financially strained planemaker offers more shares to investors as it struggles with its turnaround.Business - Inc. - October 28 -
Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks
The Omaha, Nebraska-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.Business - CNBC - November 4 -
Boeing considers selling storied space business, WSJ reports
A sale would include the troubled Starliner space vehicle and operations supporting the International Space Station, the Wall Street Journal reported.Business - MarketWatch - October 25 -
Boeing Will Sell $19 Billion in Stock Amid Costly Strike
The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.Business - The New York Times - October 29 -
Boeing’s stock reverses lower after announcing a $19 billion capital raise
.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.Business - MarketWatch - October 28 -
Boeing to raise up to $19bn amid costly strike and safety crisis
US manufacturer, which recently disclosed plan to cut 17,000 jobs, seeks to shore up balance sheet. Business live – latest updates Boeing has announced moves to raise as much as $19bn ...World - The Guardian - October 28 -
Boeing’s capital raise provides a breather through next year
Next for Boeing are arriving at an agreement with its striking factory workers and ramping up production.Business - MarketWatch - October 31 -
Boeing raises pay offer in bid to end seven-week strike
The union representing more than 30,000 striking workers endorsed the offer and will hold a ballot on Monday.Top stories - BBC News - November 1 -
Raised eyebrows as Boeing reportedly mulls sale of stellar space enterprise
Company that helped build Nasa’s Saturn V rockets said to be keen to focus on fixing problems in core aircraft business. For six decades, Boeing has been among the marquee names in human ...World - The Guardian - November 3 -
Boeing machinists end strike after approving labor contract with 38% raises
The vote is the third time since September that Boeing's machinists are considering a new labor deal.Business - CNBC - November 5 -
Leonardo Revenue Beats Forecasts, But Blames Boeing's Woes For Not Raising Guidance
Growth was fueled by the defense electronics division as well as data processing for intelligence and cyber security. The company’s helicopters unit continued receiving strong orders, Leonardo said.Business - The Wall Street Journal - November 7 -
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Early Revolut investors cash out at least $300mn in share sale
Buyers of UK fintech’s stock include wealthy Goldman Sachs clientsWorld - Financial Times - Yesterday -
More growth, inflation and uncertainty: the BoE’s Budget verdict
Spending boost has reinforced the monetary policy committee’s caution about scope for further interest rate cutsWorld - Financial Times - November 7 -
Boeing’s record $21bn fundraising boosts hopes of avoiding downgrade
Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strikeBusiness - Financial Times - October 29 -
Sharing More Than a Last Name
Haley Cohen and Jason Cohen met briefly as children, then matched on an app as adults. “It just seemed like fate,” the groom said.Lifestyle - The New York Times - Yesterday -
More homeowners just started pulling cash out of their properties. Here's why.
While mortgage rates don't exactly follow the Federal Reserve's rate, home equity lines of credit, or HELOCs, are tied to it.Business - CNBC - November 4 -
More homeowners just started pulling cash out of their properties. Here's why.
U.S. homeowners are sitting on a record amount of equity, but higher interest rates over the past two years have made them reluctant to tap into it.Top stories - NBC News - November 4 -
Met faces service cuts without more cash, says chief
Sir Mark Rowley says he is "deeply troubled" by negotiations so far on the force's funding next year.Top stories - BBC News - November 14 -
This veteran tech investor won’t sell Nvidia shares now — regardless of earnings
Money manager Louis Navellier says Nvidia is the most ‘monopolistic and powerful’ stock he’s ever seen.Business - MarketWatch - 3 days ago -
Gap shares surge as it raises guidance, touts 'strong start' to holiday
Gap said Old Navy's sales fell after hurricanes led to store closures and warm weather deterred sales in its kids category.Business - CNBC - Yesterday -
Children in Need raises more than £39m
Stars and the public came together to raise money for disadvantaged children across the UK.Top stories - BBC News - November 15 -
Boeing raises greater-than-expected $21 billion from new stock sales
Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.Business - MarketWatch - October 29 -
Trump win and threat of more tariffs raises expectations for more China stimulus
Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.Business - CNBC - November 7 -
Mattel CEO: Barbie film was about breaking convention, not ‘selling more toys’
After the success of ‘Barbie’, Ynon Kreiz plans to turn the company’s toy brands into a ‘playground’ for filmmakersBusiness - Financial Times - November 4 -
Borderlands Movie May Have Bombed, But It Still Helped Sell More Games
There's no sugarcoating the Borderlands movie's success--specifically the lack thereof--at the box office this year. Even Take-Two Interactive CEO Strauss Zelnick knows the "film was ...Tech - GameSpot - November 7 -
Duct-taped banana sells for more than $6 million at auction
"Comedian," a banana duct-taped to a white wall — or an acclaimed piece of art, depending how you look at it — sold at a Sotheby's auction for $6.24 million.Top stories - NBC News - 2 days ago -
Thames Water lenders call for more backers for £1.5bn rescue cash – business live
Live, rolling coverage of business, economics and financial markets as UK water company races to secure new lifeline before December crunch. In Germany the manufacturing recession has been ...World - The Guardian - November 4 -
JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses
JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.Business - MarketWatch - October 29 -
Lionesses stumble past South Africa and raise ‘more questions’ for Wiegman
England 2-1 South Africa Hosts score two early goals but fail to impress There were more questions to be asked than answers provided in England’s 2-1 victory against South Africa but, to a ...World - The Guardian - October 29 -
US investment group Ares on course to raise more than $80bn
Credit-focused fund enjoys fastest pace of fundraising as high yields draw investors to private marketsBusiness - Financial Times - November 1 -
Trump calls for probe into those who started ‘untrue’ rumors about selling Truth Social shares
President-elect Trump on Friday said talk that he would sell his shares in Truth Social was "untrue" and called for anyone who spread such rumors to be "immediately investigated." "There are fake, ...Politics - The Hill - November 8 -
Bitcoin breaks $82,000 for first time on Trump trades; UK government sells £1bn of NatWest shares – business live
Cryptocurrency more than doubles since January on hopes of lighter regulation; latest share sale takes UK Treasury’s holding in NatWest to 11.4%. Kemi Badenoch has said it is “extremely ...World - The Guardian - November 11 -
Super Micro shares plunge 33% as auditor resigns after raising concerns months earlier
Ernst & Young resigned over accounting and governance concerns at the buzzy AI firm, which has faced regulatory scrutiny before.Business - CNBC - October 30
