Latest in Boeing Awaits Strikers’ Vote, Reports $6 Billion Quarterly Loss
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Boeing Strikers Vote On Contract That Could End Strike
The union supports a pay and retirement proposal that could put factory workers back to work after seven weeks off the job.Business - Inc. - November 4 -
Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever
The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.Tech - The New York Times - October 31 -
Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying offTech - ABC News - October 30 -
Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.
Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.Business - MarketWatch - November 6 -
Trump Media gains post-election, even as Truth Social parent reports $19 million quarterly loss
The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidencyTech - ABC News - November 6 -
Boeing Strikers Want Their Pension Plan Back, But It’s a Long-Shot Demand
A five-decade trend shows the number of workers on pension plans shrank by nearly 75 percent, making this contract objective unlikely.Business - Inc. - October 29 -
Boeing, Strikers Meet for First Time Since Last Week’s Contract Rejection
The two sides come together with a push from the Labor Department as the strike stretches to a seventh week.Business - Inc. - October 30 -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - October 30 -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
Boeing Union Votes to End Strike
Machinists are set to return to work after ratifying a contract with a 38% pay raise.Business - The Wall Street Journal - November 5 -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - October 30 -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - October 31 -
Phunware narrows quarterly loss amid revenue decline, and stock sinks further
Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.Business - MarketWatch - November 8 -
Boeing workers voting on new union contract
Boeing workers are voting on a new union contract Monday that does not include the pension benefits that thousands sought during negotiations. Cody Martin, a Boeing union worker, joins CBS News ...Top stories - CBS News - November 4 -
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - October 29 -
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - October 31 -
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 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 -
Gaetz resigns from Congress — possibly skirting long-awaited Ethics report
His resignation came the same day Donald Trump nominated him to be attorney general, but some Republicans think he had other motivations.Politics - Politico - November 13 -
World awaits Nvidia earnings report, more on Jaguar's new moves
Artificial intelligence chip maker Nvidia will announce its latest earnings as investors anxiously await good news. Also, Jaguar is targeting younger buyers as it prepares to release more details ...Top stories - CBS News - 3 days ago -
Boeing machinists' union leaders back new contract, call for Monday vote
Some 33,000 Boeing machinists have been on strike for weeks. Union leadership said the latest proposal adds a general wage increase of 38% over four years.Top stories - CBS News - October 31 -
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 -
Boeing vote to decide how fast company gets back on track
The new contract proposal would not reinstate pensions, but it could be enough to sway voting workers, especially as the holiday season approaches.Business - MarketWatch - November 4 -
Boeing workers vote on new contract that could end strike
The workers rejected two previous contract offers from Boeing.Top stories - ABC News - November 4 -
Boeing workers to vote on third contract agreement that could end strike
The 33,000 workers who have been on strike since September could return to work this week. Boeing workers will vote on a third contract agreement on Monday that could end a seven-week strike that ...World - The Guardian - November 4 -
Boeing machinists vote to end strike after 53 days
Boeing machinists voted Monday to end a strike that has hobbled the company for the past 53 days. The new contract includes a 38 percent wage increase over the next four years and a $12,000 ...Politics - The Hill - November 5 -
Boeing workers vote for 38% pay rise deal to end costly strike
Jet production set to resume after disruption that took estimated $2.7bn tollWorld - Financial Times - November 5 -
23andMe’s stock falls after company says there’s substantial doubt it can stay in business
Shares of 23andMe fell 4% Tuesday after the DNA-testing company reported its latest quarterly loss and included “going concern” language in its financial statements, shedding gains made late Monday ...Business - MarketWatch - November 12 -
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 strike will dent last jobs report before election
Some 44,000 U.S. workers, most at Boeing, were on strike during the jobs report tally, according to the U.S. Labor Department.Business - CNBC - October 31 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
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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
