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...But the company’s EV business reported a $1.3bn loss before interest and taxes....
...Boeing reported a $355mn net loss in the first quarter, reflecting slower 737 Max production and compensation to customers after a door panel blew out on a commercial flight....
...The Detroit carmaker said adjusted operating earnings for 2024 will fall between $12.5bn and $14.5bn — a $500mn increase over the range it gave in January....
...Meanwhile, production rates have slowed since the the mid-air blowout of a door panel on an Alaska Airlines flight in January....
...“But our union is fighting retaliation cases on a regular basis.” Baird analyst Peter Arment said the stock represented “a buying opportunity”....
...“If oil is pushed to $100 [per barrel], for predominantly supply-side reasons, this could coincide with a wobble in US labour markets, which is already in the pipeline,” Beamish wrote in a note....
...Boeing has slowed the pace of its assembly line in Renton, Washington as it deals with the aftermath of a midair blowout of a door panel on a commercial flight three months ago....
...Southwest Airlines said it would end operations at four airports and cut 2,000 jobs following a first-quarter net loss of $231mn....
...Named Borsa and blown from glass at the Berengo Studio on Murano – “so each one is a little bit different” – it is a departure from his usual style and medium....
...In corner shops you can get a very cheap unbranded version that comes from a cash and carry. Somehow, whatever they put in it to extend its shelf life really adds to its allure....
...The figure from the Bureau of Economic Analysis was far below analysts’ expectations of a 2.5 per cent rise and the revised rate of 3.4 per cent for the fourth quarter....
...Boeing has reduced production rates after a door panel blew out from a 737 Max during an Alaska Airlines flight in January....
...Friday’s data on personal consumption expenditures surpassed economists’ expectations of a slight increase to 2.6 per cent from 2.5 per cent in February....
...Joe Biden’s hopes of a pre-election rate cut were dealt a blow on Thursday after inflation and growth data led investors to push back expectations of a move by the Federal Reserve....
...“I was so lucky to be able to have Danny Kahneman as a best friend and collaborator for decades,” Thaler said in a post on X on Thursday....
...In 2023, the fund also approved a $15.6bn aid package for Ukraine, the first time it had done so for a country at war....
...Still, I’ve never learnt so much from a night in a hotel....
...a quarterly profit”....
...Boeing is facing scrutiny from regulators and the US Department of Justice after a door panel blew out mid-flight on a 737 Max in January....
...A fund analysis found a 1 percentage point spike in US rates led to a 90 basis point rise in other advanced economies and an increase in emerging markets of 1 percentage point....
...US inflation rose to 3.5 per cent in March, surpassing expectations and marking the second increase in a row, as the Federal Reserve considers how long to keep interest rates at a 23-year high....
...violence in the West Bank in recent days and call on Israel to take all appropriate measures to prevent attacks by violent extremist settlers and hold those responsible accountable,” said Matthew Miller, a...
...Powell’s remarks come as a higher than expected figure for March consumer price index inflation led markets to row back their expectations that the Fed would cut rates as soon as June....
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