Yahoo Finance • yesterday

Boeing and its striking workers have a new deal to end the costly strike

Boeing (BA) and the union representing striking machinists have reached a new contract deal that could put an end to the work stoppage that’s costing the troubled aerospace giant millions of dollars a day. The new contract includes a 38%... Full story

Yahoo Finance • yesterday

Boeing's cash crunch, American's longest flight, and getting over Spirit: Airlines news roundup

American Airlines took a really long flight. The government has provided an official definition of “canceled flight.” Boeing is building up its coffers as its machinists’ strike drags on. Plus: Allegiant Airlines has given an update on its... Full story

Yahoo Finance • yesterday

The last jobs report before Election Day is coming. Brace for Boeing and hurricane hits

The last monthly employment report before Election Day is expected to show that U.S. job creation slumped in October, as the economy faced hits from hurricanes and a massive work stoppage at Boeing (BA). Analysts estimate that data set fo... Full story

Yahoo Finance • 8 days ago

Boeing is looking for an escape hatch from the space business

Boeing (BA), the aerospace company with a storied past of working with NASA, is exploring a sale of its space-focused programs, including its Starliner space vehicle and International Space Station (ISS) operations. Sources familiar with... Full story

Yahoo Finance • 12 days ago

Dow Jones Falls As Disney Unveils Bob Iger Replacement Plan; Nvidia Hits Record After This (Live Coverage)

The Dow Jones slipped on the stock market today. Walt Disney announced details of its plan to replace CEO Bob Iger. Boeing stock jumped. Continue reading View comments... Full story

Yahoo Finance • 12 days ago

Boeing Starts Selling Off Pieces

Boeing hasn't made an annual profit since 2018 and has lost some $25 billion in the process. Last week, Boeing announced intentions to raise up to $25 billion in new stock and debt to rein in its balance sheet. The company plans to raise t... Full story

Yahoo Finance • 12 days ago

The Boeing strike could end this week. The stakes are huge

Boeing’s (BA) future could hang in the balance of a union ratification vote on Wednesday. Over the weekend, the International Association of Machinists and Aerospace Workers (IAM) told its members engaged in the work stoppage that they’ll... Full story

Yahoo Finance • 13 days ago

Boeing’s CEO Is Shrinking the Jet Maker to Stop Its Crisis From Spiraling

A strike by its machinists union could end soon, but the company remains in a perilous financial position. Continue reading View comments... Full story

Yahoo Finance • 14 days ago

NYC-bound Boeing 767 makes emergency stop during take-off in Senegal

DAKAR (Reuters) - A Delta Airlines Boeing 767 aircraft bound for New York made an emergency stop due to a technical incident at the Blaise Diagne International Airport in Senegal on Saturday, the West African nation's transport ministry sa... Full story

Yahoo Finance • 14 days ago

This Labor Strike Just Cost 10% of Boeing's Workers Their Jobs

Boeing's labor strike entered its sixth week on Friday. With 33,000 workers from the International Association of Machinists (IAM) off the job and on the picket lines, Boeing(NYSE: BA) production of 737, 767, and 777 airliners is shut down... Full story

Yahoo Finance • 15 days ago

Boeing's cash crunch, Delta's makeover, and United's strong quarter: Airlines news roundup

Boeing is looking to raise billions of dollars to help it ride out a month-long machinist strike. Airbus is cutting jobs from its struggling space-and-defense division. United had a great quarter after outsmarting the rest of the industry.... Full story

Yahoo Finance • 18 days ago

Jim Cramer Is Worried About This Plane Maker, Says Palo Alto Is A 'Good' One

Jim Cramer Is Worried About This Plane Maker, Says Palo Alto Is A 'Good' One Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. On CNBC's “Mad Money Lightning Round,” Jim Cramer said Palo... Full story

Yahoo Finance • 18 days ago

Boeing to Raise as Much as $25 Billion in Bid to Boost Liquidity

(Bloomberg) -- Boeing Co. plans to raise as much as $25 billion as the beleagured planemaker seeks to shore up its balance sheet and withstand a prolonged strike that’s devastated production for a month. Most Read from Bloomberg How Mexi... Full story

Yahoo Finance • 18 days ago

Boeing lines up $35 billion in funds through stock and bond sale, loan

(Reuters) - Boeing filed a registration statement with the U.S. markets regulator on Tuesday that will allow the planemaker to raise up to $25 billion through an offering of various debt securities and classes of stock. It was not clear w... Full story

Yahoo Finance • 19 days ago

Why Is the Pentagon Buying $12 Billion Worth of Bombs and Missiles From Boeing, Lockheed Martin, and RTX?

The Pentagon's fiscal year 2024 has come to an end. And just like the end of every year, the Pentagon ended with more of a bang than a whimper. In contrast to the usual handful of contracts announced on an average day any other time of th... Full story

Yahoo Finance • 19 days ago

US stock futures drift with Q3 earnings, Fed speakers in spotlight

Investing.com--U.S. stock index futures drifted in muted trading Monday as investors hunkered down as the third-quarter earnings season picks up this week, while several Federal Reserve officials are scheduled to provide more cues on monet... Full story

Yahoo Finance • 19 days ago

Futures muted, earnings this week, Boeing job cuts - what's moving markets

Investing.com -- US stock futures were muted on Monday after the S&P 500 and Dow Jones Industrial Average notched fresh record closes in the prior session thanks in large part to higher-than-expected earnings from two big Wall Street banks... Full story

Yahoo Finance • 20 days ago

Boeing's Labor Strike Enters Week 5: How Bad Could This Get?

If you own Boeing(NYSE: BA) stock, you've probably been glued to news of the protracted labor strike by Boeing's machinists union, now entering its fifth week. And you've probably already heard the latest bad news: After two days of renew... Full story

Yahoo Finance • 23 days ago

Weekly Jobless Claims Jump to Highest Level Since August 2023

Weekly Jobless Claims Jump to Highest Level Since August 2023... Full story

Yahoo Finance • 23 days ago

Boeing potentially the largest fallen angel, JPM says

Investing.com -- Boeing (NYSE:BA) could soon “become the largest fallen angel on record,” with $52 billion of index-eligible debt, JPMorgan strategists said in a note. The aerospace giant’s credit rating is under pressure after S&P placed... Full story