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Boeing reports $6.1 billion loss as strike takes toll on plane maker
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.Top stories - CBS News - October 23 -
Boeing reports $6 billion loss ahead of pivotal union vote
Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled the aviation giant. “It will ...Politics - The Hill - October 23 -
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...Top stories - CBS News - October 23 -
Boeing Awaits Strikers’ Vote, Reports $6 Billion Quarterly Loss
The 30,000 union workers who walked off the job six weeks ago vote on a new contract proposal as the plane maker keeps reeling from a brutal year.Business - Inc. - October 23 -
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 -
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 -
Boeing reports $6bn loss as chief faults ‘serious performance lapses’
Kelly Ortberg calls for cultural change ahead of union vote on whether to end six-week strikeBusiness - Financial Times - October 23 -
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 -
New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.Business - CNBC - October 23 -
Boeing reveals $6 billion quarterly loss ahead of key vote by striking machinists
Boeing Co.’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, but the company’s loss was wider than expected.Business - MarketWatch - October 23 -
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 -
Medicare Advantage plans get billions for dubious diagnoses: Report
Medicare Advantage plans run by private insurers are reaping billions by making home visits for senior citizens.Top stories - CBS News - October 24 -
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 -
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 -
Ukraine war briefing: Biden plans military aid surge from billions still available, say reports
Zelenskyy congratulates Trump on election win – but gloom and uncertainty prevail in Kyiv. What we know on day 988. See all our coverage of the Russia-Ukraine war The Biden White House ...World - The Guardian - November 7 -
Cop29 live: solidarity levy on cryptocurrency could raise billions for climate action, says report
Charging $0.045 per kWh for energy used in intensive bitcoin mining could produce $5bn for the climate crisis, says Global Solidarity Levies taskforce. Josh Gabbatiss, from Carbon Brief has ...World - The Guardian - November 14 -
Trump promise to repeal Biden climate policies could cost US billions, report finds
Trump could stop in its tracks US’s emergence as clean energy superpower and forfeit billions in investment. The United States’s blossoming emergence as a clean energy superpower could be stopped ...World - The Guardian - November 14 -
Seven & i shares surge on report its founding family is raising over $50 billion to take the firm private
NHK said the founding family will raise over 8 trillion yen from "three Japanese megabanks and major American financial institutions."Business - CNBC - Yesterday -
Boeing takes a hit
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Boeing posts $6B loss ahead of union vote On Wednesday morning, Boeing reported ...Politics - The Hill - October 23 -
Can anyone fix Boeing?
The plane maker’s new boss has pledged culture change, but a vote to prolong a costly strike underlines the challenges he facesBusiness - Financial Times - October 25 -
Karma comes for Boeing’s shareholders
Nearly a fifth of total shares will soon be owned by participants in a giant capital raiseBusiness - Financial Times - October 28 -
Can Boeing come back?
The aircraft maker was a great American company — then things started falling apart.Business - Financial Times - October 29 -
Boeing Quality Chief to Depart
The executive’s retirement comes as the manufacturer attempts to restart factories after a damaging strike.Business - The Wall Street Journal - November 11 -
Boeing wants to be iconic — but not like before
The plane-maker is mired in debt, workforce strife and production glitches. Its new boss wants to turn back the clockBusiness - Financial Times - October 23 -
What Boeing is offering to striking machinists
Boeing machinists began voting Wednesday on a new contract offer from the company to potentially end their nearly six-week-long strike. CBS News senior transportation correspondent Kris Van Cleave ...Top stories - CBS News - October 23 -
Boeing Strike Extended After Union Workers Reject New Contract
The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.Top stories - The New York Times - October 24 -
Boeing Explores Sale of Space Business
New CEO seeks buyers for Starliner and other NASA projects in quest to rescue manufacturer.Business - The Wall Street Journal - October 25 -
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 -
Boeing-made satellite breaks up in space
The "total loss" of the communications satellite has affected Intelsat customers around the world.Top stories - BBC News - October 23 -
Boeing Warns on Cash Burn, Awaits Strike Vote
The jet maker posted its biggest quarterly loss since 2020. Striking union members are voting later on a new contract proposal.Business - The Wall Street Journal - October 23 -
What a new labor contract could mean for Boeing
About 33,000 striking Boeing workers were voting Wednesday on whether to ratify a new contract with the embattled aircraft manufacturing giant. The four-year deal comes with a 35% pay hike, as well ...Top stories - CBS News - October 23
