Cuts Boe - QuikReader

Investors price in faster pace of rate cuts after BoE decision

Bank of England reduces interest rate to 4.5% and halves 2025 growth forecast

Financial Times - 10h

Boeing's Starliner losses top $2 billion after spacecraft program reports worst year yet

Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut flight turned into a headache for NASA.

NBC News - 2d

Boeing's Starliner losses top $2 billion after spacecraft program reports worst year yet

Boeing's losses on its Starliner spacecraft topped $2 billion and counting after a rough year.

CNBC - 2d

Snip, snip: Spending cuts are coming

The federal debt has exploded to $36 trillion and annual deficits now approach $2 trillion f

The Hill - 2d

Cuts to maths are a national miscalculation

I was lucky to be taught the power of mathematics but threats to the subject now endanger the UK’s AI ambitions

Financial Times - 2d

Boeing CEO: Don’t expect a major restructuring, but maybe a ‘pruning’

Boeing’s stock rose after the company said it may be streamlining its business, which could include the selling of some assets in the coming months or year.

MarketWatch - Jan. 29

Boeing CEO upbeat on recovery plan after company's biggest annual loss since 2020

Boeing CEO Kelly Ortberg faces investors after the beleaguered company posts its sixth annual loss.

CNBC - Jan. 28

Boeing is working with Elon Musk to deliver Air Force One replacements sooner

Boeing's Air Force one plane has been overbudget and delayed.

CNBC - Jan. 28

Boeing reports $11.8bn annual loss – its largest since 2020

Planemaker grapples with problems at commercial and defense units and fallout from west coast workers’ strike. Boeing reported an annual loss of $11.83bn, its largest since 2020, as it grappled ...

The Guardian - Jan. 28

Boeing may soon sell some of its businesses. That could finally boost the stock.

A leaner Boeing would finally excite Wall Street.

MarketWatch - Jan. 27

Budget airline Ryanair cuts passenger traffic goal again on Boeing delays

Budget airline Ryanair on Monday reported stronger-than-expected after-tax profit for the three months through to the end of December.

CNBC - Jan. 27

UK banks clash with BoE over rules on loss-absorbing debt

Lenders warn rules will harm City’s competitiveness and impose ‘significant costs’ on the sector

Financial Times - Jan. 27

Why Boeing’s stock isn’t tumbling, even after an ‘eye-watering’ loss warning

The size of the loss Boeing warned of may have been unexpected, but it wasn’t a shock to Wall Street.

MarketWatch - Jan. 24

Trump cuts Fauci's security detail

President Trump on Friday defended the removal of Dr. Anthony Fauci’s security detail, suggesting former government officials should not get indefinite security, even as Fauci and others whose ...

The Hill - Jan. 24

Boeing warns investors to brace for steeper quarterly losses, lower revenue

Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.

MarketWatch - Jan. 24

Boeing books charges and warns on fourth-quarter revenue and profit

Aerospace group cites $2.8bn hit from last year’s strike, lay-offs and rising defence business costs

Financial Times - Jan. 23

Boeing expects $4 billion loss for fourth quarter after chaotic 2024

Boeing outlined expected results and charges across its business in preliminary fourth-quarter results.

CNBC - Jan. 23

What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More

President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.

The New York Times - Jan. 23

Starbucks Expecting Job Cuts by March

Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.

The Wall Street Journal - Jan. 17

Rahm misses cut, McIlroy struggles in Dubai

Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic.

ESPN - Jan. 17

What Did Trump’s Tax Cuts Do?

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.

The New York Times - Jan. 17

Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.

CNBC - Jan. 16

BP axes 4,700 jobs in cost-cutting drive

UK energy major under pressure from shareholders to turn around its performance

Financial Times - Jan. 16

BP to cut 4,700 jobs to reduce costs

The job losses at the oil giant will affect more than 5% of its global workforce.

BBC News - Jan. 16

BoE may need to speed up rate cuts in coming year, policymaker says

Alan Taylor says stalling UK economy raises risks that five or six reductions will be needed

Financial Times - Jan. 15

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

Missile Attack Prompts Emergency Power Cuts in Ukraine

President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.

The New York Times - Jan. 15

Lloyds to cut 500 jobs and close two offices

UK bank to review more than 1,500 jobs across multiple departments

Financial Times - Jan. 15

Cutting aeroplane contrails is an easy climate win

Tackling these emissions should be simple, fast and cost-effective

Financial Times - Jan. 13

Boeing production in 2024 expected to be less than half of rival Airbus

US planemaker may have delivered 340 aircraft compared with 766 of European group, analysis suggests. Boeing is expected to confirm it made less than half of the aircraft of its rival Airbus in ...

The Guardian - Jan. 12

U.S. Companies Cut Diversity Efforts as Challenges Mount

At least six major U.S. companies modified their DEI policies last year.

Inc. - Jan. 10

Trump's tax-cut obstacle course

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...

The Hill - Jan. 10

Meta cutting DEI team, programs in broad shift

Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...

The Hill - Jan. 10