Latest in Boeing CEO upbeat on recovery plan after company's biggest annual loss since 2020
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Boeing CEO: Don’t expect a major restructuring, but maybe a ‘pruning’
Boeing’s stock rose after the company said it may be streamlining its business, which could include the selling of some assets in the coming months or year.MarketWatch - 1d -
Boeing CEO upbeat on recovery plan after company's biggest annual loss since 2020
Boeing CEO Kelly Ortberg faces investors after the beleaguered company posts its sixth annual loss.CNBC - 2d -
Boeing reports $11.8bn annual loss – its largest since 2020
Planemaker grapples with problems at commercial and defense units and fallout from west coast workers’ strike. Boeing reported an annual loss of $11.83bn, its largest since 2020, as it grappled ...The Guardian - 2d -
UK banks clash with BoE over rules on loss-absorbing debt
Lenders warn rules will harm City’s competitiveness and impose ‘significant costs’ on the sectorFinancial Times - 3d -
Dam plan busted? World's biggest hydropower project in the balance
The DR Congo is planning to build a massive dam delivering power to millions of people - but it is not easy.BBC News - 3d -
‘Skinny jabs’ are turning slimmers teetotal – and drinks companies are feeling the loss
As the public rejoice at shedding weight, the likes of Wegovy seem to be controlling other bad habits – in particular drinking to excess. ‘My alcohol intake has plummeted,” says Hannah. “Since ...The Guardian - 4d -
Twilio shares pop 20% for biggest gain since Covid pandemic on growth forecast
Twilio shares had their sharpest rally since 2020 on Friday after the company issued an uplifting forecast for the coming years at an investor event.CNBC - 6d -
Why Boeing’s stock isn’t tumbling, even after an ‘eye-watering’ loss warning
The size of the loss Boeing warned of may have been unexpected, but it wasn’t a shock to Wall Street.MarketWatch - 6d -
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 - 6d -
Singapore eases monetary policy for the first time since 2020, warns of growth slowdown
The Monetary Authority of Singapore said it will reduce slightly the slope of its exchange rate policy band.CNBC - 6d -
Hair loss drug finasteride 'biggest mistake of my life'
Some online sites prescribe a potentially risky hair loss drug without consistent safety checks, BBC finds.BBC News - 6d -
UnitedHealth Taps Insider to Serve as CEO After Slaying
Tim Noel, the head of the UnitedHealth Medicare business will assume the role.Inc. - 6d -
EA’s stock posts biggest daily percentage drop since 2008, as analysts parse key franchise’s troubles
While some analysts downgraded Electronic Arts shares, others found reasons to stay optimistic.MarketWatch - 6d -
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expected results and charges across its business in preliminary fourth-quarter results.CNBC - Jan. 23 -
Barclays plans overhaul of CEO Venkatakrishnan’s pay
Boss of UK bank would have base salary slashed and total remuneration capped at £14mnFinancial Times - Jan. 23 -
Elevance Health earnings boost health-insurance stocks after upbeat outlook
Elevance Health Inc.’s stock rose 2% Thursday and boosted other health-insurance stocks after the company delivered better-than-expected earnings and forecast growth for 2025, easing investor ...MarketWatch - Jan. 23 -
Here are the products and companies most at risk from Trump's tariff plans
President-elect Donald Trump's proposed tariffs on China, Mexico and Canada threaten to raise prices for toys, cars, shoes, french fries, furniture and beer.CNBC - Jan. 21 -
Wales 'lacks plan' to tackle scale of nature loss
One in six species - such as water voles and curlews - are at risk of vanishing from Wales.BBC News - Jan. 20 -
UnitedHealth Group CEO defends company
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story UnitedHealth CEO blames drug companies for high costs In his first public remarks since the murder of a top ...The Hill - Jan. 16 -
Biden administration has no plans to fine companies if TikTok ban goes into effect
The Biden administration does not plan to levy billions of dollars in fines against companies that allow access to TikTok in the U.S.NBC News - Jan. 16 -
UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.The New York Times - Jan. 16 -
Wall Street stocks post biggest rally since Trump’s election victory
Easing underlying US inflation and strong bank earnings boost equitiesFinancial Times - Jan. 15 -
There's been a 'meaningful shift' in CEO confidence since Trump's election, says Goldman's Solomon
The Wall Street CEO discussed growing confidence among business leaders after his bank's strong fourth-quarter report.CNBC - Jan. 15 -
UK companies plan to invest in AI instead of hiring staff as costs rise
A new poll says 51 per cent of business leaders aim to redirect investment this yearFinancial Times - Jan. 13 -
Holcim Names Chairman Jan Jenisch as CEO of Planned North American Spinoff
The building materials company appointed Jenisch to lead the spinoff, with Kim Fausing proposed to succeed him as Holcim’s chairman.The Wall Street Journal - Jan. 10 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.
CEOs might not be so idolized if we realized that many wash out of the job quickly.MarketWatch - Jan. 9 -
30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans
Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.MarketWatch - Jan. 6 -
Can't-Miss Play: 58-yard burst! Cam Akers burns Lions for his longest run since 2020
Minnesota Vikings running back Cam Akers burns the Detroit Lions for a 58-yard burst which is his longest run since his rookie year in the 2020 NFL regular season.Yahoo Sports - Jan. 6 -
A year after Boeing's door plug accident, the aircraft giant faces a steep road to recovery
A year after a door plug blew out of a nearly new Boeing 737 Max 9, the manufacturer is outlining the progress it has made.CNBC - Jan. 5 -
GM, Ford report best annual U.S. sales since 2019 as auto recovery continues
Both General Motors and Ford Motor on Friday reported their best annual U.S. new vehicle sales since 2019.CNBC - Jan. 3 -
Ford and GM report best annual U.S. sales since 2019
Both General Motors and Ford reported their best annual U.S. new vehicle sales since 2019, prior to impacts from Covid and yearslong supply chain problems.NBC News - Jan. 3 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3 -
Boeing hopes the turbulence is over after a year of crashes, near misses and embarrassment
Boeing said Friday that it had hit several internal targets on safety and quality control despite a series of deadly crashes, near catastrophes and embarrassing incidents that has seen its share ...NBC News - Jan. 3 -
Boeing Shares Drop After South Korea Plane Crash
A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.The New York Times - Jan. 3 -
Tesla Shares Slip After First Annual Sales Decline
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.The New York Times - Jan. 2 -
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Tesla’s annual deliveries drop for first time since 2011
US electric vehicle pioneer led by Elon Musk has been hit by slowing demandFinancial Times - Jan. 2 -
Tesla shares fall as company reports first decline in annual deliveries
Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...The Guardian - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2