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Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
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NASA prolongs Boeing Starliner's stay on space station amid ongoing testing
NASA announced Friday that Boeing’s Starliner capsule, which launched last week after several delays, will stay longer at the International Space Station to undergo additional testing. Boeing and NASA had originally planned for the Calypso capsule ...The Hill - Politics -
El Salvador authorities burn 2.7-ton pile of cocaine amid gang crackdown
The cocaine seized in May was worth an estimated $67.5 million.CBS News - World -
Renewables chief says Biden’s China tariffs risk slowing green transition
NextEra’s Rebecca Kujawa warns clean energy duties are raising costs for US consumersFinancial Times - Business - China -
Rutgers G Dylan Harper to miss 4-6 weeks after knee surgery, full recovery expected by start of fall practice
Harper was the No. 3 ranked player in the 2024 recruiting class according to 247SportsCBS Sports - Sports -
The State Department levied sanctions on a right-wing Israeli group involved in disrupting Gaza aid deliveries as Washington seeks to avert a deepening humanitarian crisis and tamp down risks of escalating the conflict.
The State Department levied sanctions on a right-wing Israeli group involved in disrupting Gaza aid deliveries as Washington seeks to avert a deepening humanitarian crisis and tamp down risks of escalating the conflict.The Wall Street Journal - World -
2 dead in shooting at Juneteenth celebration in Texas, police say
At least six people were transported to hospitals with "potentially serious" injuries after shots were fired in a park in Round Rock, Texas, local officials said.ABC News - Top stories -
F.A.A. Administrator Says Previous Oversight of Boeing Was ‘Too Hands-Off’
Mike Whitaker, who heads the agency, told a Senate panel that changes were being made to the agency’s oversight of the plane manufacturer, including conducting more safety inspections.The New York Times - Business -
Boeing and Airbus may have used 'counterfeit' titanium in planes, FAA says
Boeing and Airbus, the two biggest commercial airline makers, may have used titanium sold using fake documents, according to evidence from a supplier that has triggered a Federal Aviation Administration investigation.NBC News - Top stories -
BOE Most Likely to Start Rate Cuts in August, Barclays Says
The Bank of England is expected to start cutting interest-rates in August as economic and market conditions are likely to support such a move, Barclays economist Jack Meaning says in a note.The Wall Street Journal - World -
Boeing, Airbus say planes with titanium parts sold with falsified records are safe
Boeing and Airbus emphasized that there are no safety concerns after revealing Friday that some titanium parts used in their aircraft had falsified documentation, triggering a federal investigation. Boeing did not say which models of aircraft or ...The Hill - Politics
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CEOs at Trump meeting: Ex-president ‘meandering’ and ‘doesn't know what he's talking about’
Trump offered scant details on how he would reduce taxes and cut back on business regulations, according to two people in the room.CNBC - Business - Donald Trump -
Jeff Bezos is a 'brilliant man' for what he's done at Whole Foods, says ex-CEO: 'He thinks really long term'
After Amazon acquired Whole Foods Market for $13.7 billion in 2017, Jeff Bezos backed price cuts at the grocery chain long known derisively as "whole paycheck."CNBC - Business -
This ETF strategy may help investors skirt market concentration risk
A top exchange-traded fund provider is screening diversified value stocks for long-term gains.CNBC - Business -
Nvidia CEO: One of the most 'profound learnings in my life' came from a gardener—how it made me successful
Jensen Huang learned a valuable career lesson from a gardener while on a trip to Kyoto, Japan. Here's why he says it resonates with him.CNBC - Business -
Jared Kushner's post-White House deal-making included badly timed bet on Amazon aggregator
Shortly after leaving the Trump White House, Jared Kushner was putting Saudi money to work across a host of businesses, including Amazon aggregator Unybrands.CNBC - Business