Latest in Boeing warns investors to brace for steeper quarterly losses, lower revenue
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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 - 3h -
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 costsFinancial Times - 6h -
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 - 6h -
Ivanka Trump warns investors that meme token bearing her name is fake
Ivanka Trump posted on social media site X on Thursday that a meme coin with her name on it is not real.CNBC - 8h -
U.S. investors liked the Stargate AI news. Asian investors loved it.
SoftBank shares surged — on five times the previous day’s volume — on Wednesday after the Japanese investment group landed a starring role in an U.S. artificial intelligence infrastructure buildout ...MarketWatch - 1d -
20 value stocks primed for rapid revenue growth
This might be the perfect time to add exposure to value stocks, with growth stocks having lead to high price ratios for the S&P 500.MarketWatch - 1d -
Markets brace for Trump-era volatility
US stocks ticked higher but currencies swung the day after Donald Trump’s inaugurationFinancial Times - 2d -
Oil majors brace for falls in LNG revenues as prices stabilise
Profits expected to take hit as volatility drops in market that surged following Ukraine war outbreakFinancial Times - 3d -
Los Angeles braces for Santa Ana winds as officials issue new PDS warning
The National Weather Service has issued another rare Particularly Dangerous Situation warning in anticipation of Monday's Santa Ana wind event.CBS News - 3d -
Ukraine Braces for Trump’s Return
Soldiers and civilians alike say that after so much loss, the new U.S. president must push for a just settlement, not peace at any cost.The New York Times - 4d -
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Medicare to Negotiate Lower Prices for Weight-Loss Drugs
The government is expected to pay lower prices for Ozempic and Wegovy starting in 2027. The Trump administration will decide whether to expand coverage for millions of Americans.The New York Times - 6d -
Investor interest in defense grows
Yahoo News - Jan. 16 -
Gilt investors warn Reeves she may need to raise taxes
Chancellor seeks to reassure bond market after UK borrowing costs rose to highest level since financial crisisFinancial Times - Jan. 15 -
Experian Posts Revenue Growth in Line With Guidance
The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.The Wall Street Journal - Jan. 15 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
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 -
Congress braces for California wildfire fallout
House lawmakers are bracing for what could be a contentious battle over emergency spending in the wake of the wildfires that are tearing through Southern California — an unprecedented disaster ...The Hill - Jan. 11 -
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Boeing and Google each give $1m for Trump inauguration
The US companies join other major firms donating funds for the ceremony on 20 January.BBC News - Jan. 10 -
Airbus Tops Rival Boeing with 766 Jet Deliveries in 2024
Analysts say Airbus and Boeing continue to compete for new orders.Inc. - Jan. 9 -
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IRS: Missing final 2024 quarterly estimated tax payment could trigger 'unexpected penalties'
The fourth-quarter estimated tax payment for 2024 is Jan. 15. Here's how to avoid "unexpected penalties," according to the IRS.CNBC - Jan. 9 -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - Jan. 9 -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
Meta’s factchecking partners brace for layoffs
Meta has provided over $100m for certified organizations to conduct factchecks on its platforms since 2016. Mark Zuckerberg’s decision to end factchecking on Facebook and Instagram in the US ...The Guardian - Jan. 8 -
Can Boeing Be Fixed? Aerospace Leaders Offer a Repair Manual
Restore trust, revamp the design process and forget the stock price: Experts from inside and outside the company share advice for the troubled jet maker.The Wall Street Journal - Jan. 6 -
Boeing Looks Back on a Turbulent Year
A year ago, a side panel on one of its 737 MAX planes blew off in midair, sending Boeing into a financial, industrial, and existential crisis.Inc. - Jan. 6 -
Lucid reports record quarterly vehicle deliveries, meets production target
Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a previously announced target.NBC News - Jan. 6 -
Lucid reports record quarterly vehicle deliveries, meets production target
Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024.CNBC - Jan. 6 -
7 ways to get a lower mortgage rate in 2025
Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.CBS News - Jan. 6 -
UK braces for heavy snow as travellers warned of road and rail disruption
Bitterly cold conditions fuelled by an Arctic blast are sweeping the UK and could result in disruption.BBC News - Jan. 4 -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3 -
U.S. braces for frigid temperatures, snow
Pittsburgh is already seeing snow and freezing temperatures as most of the U.S. prepares for a blast of cold air that promises extreme weather conditions for many Americans. CBS News Philadelphia's ...CBS News - Jan. 3 -
Here’s how Boeing is responding to the FAA’s call for a ‘fundamental cultural shift’ in safety
Safety and quality need to be placed above profit at Boeing, says the head of the FAA.MarketWatch - 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 Adds More Surprise Quality Checks in Its Factories
The jet manufacturer outlines more than a dozen steps it has taken in recent months to address concerns about production issues.The Wall Street Journal - 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 -
China steps up drive to break Boeing and Airbus grip on plane market
State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jetsFinancial Times - Jan. 1 -
Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30