Boeing’s Record 21bn

The rehabilitation of KPMG in the UK

The years of audit failings and regulatory fines at its UK business are over, but some worry the firm is still losing ground to rivals

Business - Financial Times - 5 days ago

China’s Baidu joins Meta in race to make AI-integrated smart glasses

Launch comes as Chinese internet groups jostle for dominance in hardware

Business - Financial Times - November 13

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

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

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

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.

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

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.

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

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’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

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 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

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 Atacms

Business - Financial Times - 4 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 rise

Business - Financial Times - 4 days ago

‘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

Betting Markets Favor Trump. But Their Record of Accuracy Is Mixed.

Proponents believe that having real money on the line, and a large crowd of investors, encourages a more accurate election forecast than polling data can provide.

Top stories - The New York Times - October 25

Monger breaks Ironman record for double amputee

Former racing driver Billy Monger breaks the Ironman double amputee record in Hawaii, while Patrick Lange wins his third title.

Mbappé sets career offside record in Clásico bow

Real Madrid's Kylian Mbappé was caught offside a career-high eight times against Barcelona on Saturday -- matching the highest total for any player in a LaLiga game in the last 15 years.

Sports - ESPN - October 27

Real Madrid, Kylian Mbappe and an Unwanted Record

The France striker was caught offside an unprecedented eight times against Barcelona.

Sports - The New York Times - October 28

Jellyfish sting 'set the tone' as Monger broke record

Billy Monger was left close to breaking point after battling jellyfish stings and crosswinds en route to smashing the Ironman record for a double amputee at the World Championship.

Sports - Yahoo Sports - October 28

Birth rate drops to record low in England and Wales

Declining fertility risks adding pressure on the UK’s public finances and hampering economic growth, warn analysts

Business - Financial Times - October 28

Fertility rate in England and Wales drops to lowest on record

Just over 591,000 babies were born in the UK last year - the lowest number in four decades

UK earnings inequality falls to lowest on record

Drop comes after successive increases in hourly minimum wage

World - Financial Times - October 29

Latest in Boeing’s Record 21bn