Boeing Reports $6.17 Billion Loss in Q3 as Labor Vote Looms
Boeing continues to face a challenging year, with its third-quarter earnings report revealing a net loss of $6.17 billion, adding to a total loss of nearly $8 billion so far in 2024.
Intel Faces Challenges Amid Trade Wars and AI Competition
Intel, once a towering force in the semiconductor world, finds itself grappling with a significant decline in market value. From a $500 billion market cap in 2000, the chipmaker is now worth
Boeing CEO Pledges Focus on Safety After 737 MAX Emergency
Ortberg tells Senate: “I’m pressuring the team to do it right” Boeing CEO Kelly Ortberg told the U.S. Senate Commerce Committee on Wednesday that the company is prioritizing safety over speed following
Boeing Cuts Losses as Aircraft Deliveries Surge
Strongest Quarter for Deliveries Since 2018 Boeing reported a significant improvement in its second-quarter performance, with the company delivering 150 aircraft — its highest since 2018 — and reducing losses compared to
Trump’s US-UK Trade Deal Boosts Boeing
President Donald Trump announced a breakthrough in the US-UK trade relationship, with the UK becoming the first realigned trading partner under his second term. The biggest winner of this deal is Boeing,
Boeing Sells Jeppesen for $10.55 Billion to Thoma Bravo
Boeing announced on Tuesday that it will sell parts of its Digital Aviation Solutions business, including the navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion. This sale is
Boeing Shares Surge as Japan Airlines Expands 737-8 Order
Japan Airlines Adds 17 More Boeing 737-8 Jets Boeing (BA) stock surged on Wednesday, leading S&P 500 gainers after Japan Airlines announced an additional order of 17 Boeing 737-8 aircraft. This follows
US Stocks Slide as Markets Close Out a Record Year
US stocks fell on Monday, with the Dow Jones Industrial Average dropping 418 points, or just under 1%, as the market wrapped up a record-breaking year. The S&P 500 ended the day