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‘We are at a low here, folks,’ Boeing’s new CEO tells employees. ‘I’m tired of it.’
Kelly Ortberg had a tough message for Boeing employees, including that the company is at a ‘low’ as employees spend more time arguing among themselves than figuring out how to beat Airbus.Business - MarketWatch - 2 days ago -
Ukraine strikes Russia with US-made long-range missiles for first time
Weapons arsenal in Bryansk region hit after Biden administration lifts restrictions on Kyiv’s use of AtacmsBusiness - Financial Times - 3 days ago -
BoE must take ‘gradual approach’ to rate cuts after Budget, Bailey says
Bank governor tells MPs it will take time to assess the impact of national insurance riseBusiness - Financial Times - 4 days ago -
Boeing delivers fewest planes since 2020, warns factory restart after strike will take weeks
Boeing handed over 14 airplanes in October and said it will be several weeks before production can fully resume.Business - CNBC - November 12 -
Boeing supplier Spirit AeroSystems says there’s ‘substantial doubt’ about its ability to keep operating
Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability to keep running as a “going concern,” as losses, debt, and difficulties ...Business - MarketWatch - November 6 -
Boeing’s stock fails to hold gains after strike ends, but bonds are holding up
Spreads on Boeing’s outstanding bonds are moving tighter on the day after workers voted to end a 53-day strike.Business - MarketWatch - November 5 -
OBR expected markets to be ‘surprised by the budget’; markets brace for US election – business live
Rolling coverage of the latest economic and financial news. Associated British Foods, the owner of discount clothing chain Primark, has posted a 43% rise in pre-tax profits for the last year. . ...World - The Guardian - November 5 -
Boeing workers end bitter seven-week strike after clinching new pay deal
Two previous pay offers were voted down in walkout that halted most jet production and deepened a financial crisis at the troubled planemaker. Boeing’s US West Coast factory workers accepted a new ...World - The Guardian - November 5 -
Boeing strike ends after machinists approve new labor contract with 38% wage increases
Boeing machinists approved a new labor deal Monday, ending a more than seven-week strike that halted most of the aircraft production at the company that was already struggling with mounting losses.Top stories - NBC News - November 5 -
U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike
Nonfarm payrolls were expected to increase by 100,000 in October, according to the Dow Jones consensus estimate.Business - CNBC - November 1 -
U.S. added just 12,000 jobs in October, reflecting impact of strikes and 2 devastating hurricanes
The U.S. added just 12,000 jobs last month, a figure economists say was impacted by two hurricanes and a strike.Top stories - NBC News - November 1 -
Banks’ use of AI could be included in stress tests, says BoE deputy governor
Sarah Breeden says technology’s ‘power and use . . . is growing fast’Business - Financial Times - October 31 -
Bottom Line: Boeing, Lockheed Martin space venture lobbies up for NASA, FAA funding
Aerospace The United Launch Alliance, Boeing and Lockheed Martin's joint space venture, hired IBEX2 Solutions to lobby on civilian and commercial space issues related to policy and funding from ...Politics - The Hill - October 30 -
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 -
Four astronauts return to Earth after being delayed by Boeing's Starliner problems and Hurricane Milton
Four astronauts return to Earth after being delayed by Boeing's Starliner problems and Hurricane MiltonTech - ABC News - October 25 -
Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.Business - CNBC - October 24