Latest in Boeing’s New Ceo
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Burberry shares soar 20% as new CEO pledges focus on fashion brands’ heritage
Shares in Burberry jumped by a fifth after the British fashion brand’s new boss pledged to “act with urgency to course correct” the company after it swung to a first-half loss.Business - MarketWatch - November 14 -
‘We’re a fierce advocate and a wise friend’: Here’s what AARP’s new CEO will do for its 38 million members.
Social Security, caregiving, health and advocacy are at the top of her list.Business - MarketWatch - November 16 -
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 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 -
McDonald's, Boeing experience Wall Street struggles
It's been a mixed week for stocks amid a flurry of corporate news, including problems for fast food giant McDonald's, as it deals with an E. coli outbreak possibly linked to its Quarter Pounders. ...Top stories - CBS News - October 26 -
Beleaguered Boeing Sells More Shares to Raise Cash
As a six-week strike drags on, the financially strained planemaker offers more shares to investors as it struggles with its turnaround.Business - Inc. - October 28 -
Boeing Makes Another Offer to End Machinists Strike
The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing ...Business - The Wall Street Journal - October 31 -
Boeing Strikers Vote On Contract That Could End Strike
The union supports a pay and retirement proposal that could put factory workers back to work after seven weeks off the job.Business - Inc. - November 4 -
Boeing’s Strike Is Over. What’s Next for the Company?
The aerospace manufacturer and its new chief executive face a daunting to-do list, including improving quality and increasing production of its commercial planes.Business - The New York Times - November 5 -
More growth, inflation and uncertainty: the BoE’s Budget verdict
Spending boost has reinforced the monetary policy committee’s caution about scope for further interest rate cutsWorld - Financial Times - November 7 -
Southwest Offers Buyouts and Blames Boeing for Job Cuts
The embattled carrier will lay off airport workers in several locations as it cuts flights due to a shortage for Boeing 737 aircraft.Business - Inc. - November 12 -
Boeing Says Plane Production Restart Will Take Weeks
After striking for almost two months, workers will return to factory floors in the Pacific Northwest, but must ensure safety procedures are followed as it begins building 737 jetliners.Business - Inc. - November 13 -
Will UK inflation climb back above the BoE’s target?
Market Questions is the FT’s guide to the week aheadWorld - Financial Times - 6 days ago -
Nearly 700 Boeing Workers Laid Off in Missouri
So far, Boeing has issued 60-day notices to at least 3,100 workers across the country.Business - Inc. - 2 days ago -
Masimo Terminates Founder Kiani as CEO
Medical-device maker said Joe Kiani, who previously informed the board of his decision to resign as chief executive, has been terminated by the company, following a review by outside counsel.Business - The Wall Street Journal - October 29 -
Dollar Tree CEO Steps Down
The discount retailer is searching for a new chief executive after Rick Dreiling stepped down from the company’s top role, citing health challenges.Business - The Wall Street Journal - November 4 -
Schneider Electric Ousts CEO Herweck
Schneider Electric removed Peter Herweck from his role as chief executive after just 18 months on the job, citing differences on the strategic roadmap, and replaced him with company veteran Olivier ...Business - The Wall Street Journal - November 4 -
4 astronauts return to Earth after being delayed by Boeing's capsule trouble
Four astronauts are back on Earth after a space station mission that lasted almost eight monthsTech - ABC News - October 25 -
WATCH: Astronauts return to Earth after being delayed by Boeing's capsule trouble
Four astronauts returned to Earth on Friday after a nearly eight-month space station stay extended by Boeing's capsule trouble and Hurricane Milton.Top stories - ABC News - October 25 -
Durable-goods orders retreat due to Boeing. Manufacturing slump goes on.
Orders at U.S. factories fell almost 1% in September — mostly due to fewer aircraft bookings — and showed little sign of a rebound in a slump-ridden manufacturing industry.Business - MarketWatch - October 25 -
Norwegian Air Shuttle Cuts Fleet Growth Expectation Due to Boeing Strike
Norwegian Air Shuttle tempered its fleet growth expectations for next year due to a strike at Boeing, in the latest sign of how issues at the U.S. plane maker are disrupting airlines’ expansion plans.Business - The Wall Street Journal - October 25 -
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 -
As Boeing Strike Drags On, Suppliers Worry and White House Weighs In
The Biden administration encouraged striking union workers and company management to keep working to reach a deal.Business - Inc. - October 25 -
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’s record $21bn fundraising boosts hopes of avoiding downgrade
Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strikeBusiness - Financial Times - October 29 -
Boeing to raise up to $19bn amid costly strike and safety crisis
US manufacturer, which recently disclosed plan to cut 17,000 jobs, seeks to shore up balance sheet. Business live – latest updates Boeing has announced moves to raise as much as $19bn ...World - The Guardian - October 28
