Boeing Unveils Billion
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Business - Inc.
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.40 minutes ago -
Business - Financial Times
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 clock1 hour ago -
Top stories - CBS News
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 ...1 hour ago -
Business - The Wall Street Journal
Boeing Warns on Cash Burn, Awaits Strike Vote
The jet maker posted its biggest quarterly loss since 2020. CEO Kelly Ortberg said the jet maker needs a culture change and a deal with striking machinists.2 hours ago -
Business - CNBC
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.2 hours ago -
Tech - VentureBeat
Qualcomm unveils Snapdragon Elite platforms for automotive
Qualcomm unveiled its Snapdragon Elite platforms for automotive applications at its Snapdragon Summit event today.23 hours ago -
Business - MarketWatch
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.2 hours ago -
Politics - The Hill
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 ...4 hours ago -
Top stories - CBS News
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.6 hours ago -
Top stories - BBC News
Boeing-made satellite breaks up in space
The "total loss" of the communications satellite has affected Intelsat customers around the world.14 hours ago -
Business - Financial Times
HSBC chief Elhedery unveils sweeping overhaul of lender
Bank plans to separate east from west and split into 4 units to cut costs and simplify its businessYesterday -
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Business - Inc.
Boeing Workers to Vote on New Pay Deal
A proposal for a 35 percent wage hike over four years could end a costly strike, even as the aircraft maker hustles to sell planes and raise cash.Yesterday -
Business - Inc.
Boeing to Bring New Offer in Attempt to End Strike
Boeing’s machinist strike is nearing its second month.3 days ago -
Business - The Wall Street Journal
Boeing, Union Reach Wage Deal to End Strike
The Jet maker and machinists union reach a tentative deal, including an offer of a 35% wage increase, to end a strike that halted most of the company’s production.4 days ago -
Politics - The Hill
Boeing, union reach tentative agreement to halt strike
A tentative agreement has been reached between Boeing and the roughly 33,000 machinists that went on strike last month, the union announced Saturday. "We are finalizing the strike settlement ...4 days ago -
Politics - The Hill
FAA opening Boeing safety review
The Federal Aviation Administration (FAA) announced Friday it is opening a review into Boeing's safety processes to ensure they meet the administration's requirements. "The review will focus on key ...5 days ago -
Top stories - ABC News
The FAA is opening a new review of safety at Boeing
The Federal Aviation Administration is opening a new review of safety at Boeing5 days ago -
Top stories - BBC News
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.5 days ago -
Top stories - NBC News
Meta unveils features to combat teen ‘sextortion’
Meta is ramping up its efforts to fight sextortion on Instagram with the launch of new features that are designed to help prevent young users from getting blackmailed into sharing nude photos.5 days ago - Meta -
Business - Inc.
Boeing Has a $15 Billion Plan to Weather Company Turbulence
The planemaker wants to sell shares and a convertible bond to shore up its shaky finances.6 days ago -
Politics - The Hill
Lawmakers press Boeing to resolve monthlong strike
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Lawmakers press Boeing to resolve monthlong strike Democratic lawmakers in ...6 days ago -
Politics - The Hill
US unveils sanctions targeting Hezbollah funding
The Biden administration announced new sanctions Wednesday against three individuals and four companies with alleged ties to revenue streams for the Lebanese militant group Hezbollah. A press ...October 16 -
Politics - The Hill
Zelensky unveils anticipated 'Victory Plan' for Ukraine war
Ukrainian President Volodymyr Zelensky on Wednesday publicly unveiled his “Victory Plan” for Ukraine’s defensive war against Russia, following closed-door pitches with world leaders and including ...October 16 - Ukraine -
Business - MarketWatch
Ulta Beauty unveils $3 billion share buyback program and plans to open 200 new stores in next three years
Ulta Beauty Inc. announced a new $3 billion share buyback authorization on Wednesday and said it plans to open 200 new stores over the next three years.October 16 -
Business - MarketWatch
Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk
Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.October 16 -
Business - CNBC
Boeing to raise as much as $25 billion to shore up balance sheet
The equity or debt raise of up to $25 billion would be over three years Boeing said.October 16 -
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Business - The Wall Street Journal
Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain
The jet maker moves to raise much needed cash and secures a new credit line amid paralyzing machinist strike.October 15 -
Top stories - NBC News
Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist ...October 15 -
Business - Financial Times
Boeing seeks up to $35bn to bolster its balance sheet
Plane maker announces plans to raise up to $25bn in new capital and agrees $10bn credit facilityOctober 15 -
Business - Inc.
Boeing Eases Cash Crunch as Strikers Dig In Deeper
The troubled planemaker arranged a $10 billion credit agreement with a group of banks while union workers showed no sign of ending their walkout.October 15 -
Business - The New York Times
Boeing Seeks to Line Up Billions in Financing as Strike Goes On
The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.October 15 -
Business - Inc.
OpenAI’s Journey to $157 Billion Chronicled in Documents
OpenAI originally applied to be recognized as a tax-exempt charitable organization by the IRS in 2016.October 13 -
Top stories - CBS News
Steve and Connie Ballmer on Ballmer Group
In a 60 Minutes interview, former Microsoft CEO and LA Clippers owner Steve Ballmer and his wife Connie share their vision for philanthropy and address whether they'd ever be in the market for ...October 13