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...The machinists also plan to pursue a two-pronged strategy to win a board seat, first in contract talks and then next year via a campaign targeting Boeing’s 2025 shareholder meeting....
...The division had roots in Credit Suisse First Boston’s New York mortgage securitisation business in the 1980s and was led by veteran executive Jay Kim, who moved with most of the team to Atlas SP when the...
...The companies, whose plans were first reported by the Financial Times last year, share a set of officers, including two co-founders — chief executive Nathaniel Horwitz and publisher Sam Koppelman — general...
...The company on Wednesday reported a $355mn net loss in the first quarter....
...US mortgage rates have fallen below 7 per cent for the first time in four months, a sign of relief for the housing market as the Federal Reserve shifts its monetary policy path towards interest rate cuts...
...The company this week reported burning almost $4bn in cash in the first quarter....
...The National Association of Home Builders/Wells Fargo Housing Market Index rose to a reading of 37, up from 34 in October, marking the first increase in four months....
...US mortgage rates have fallen for the first time in two months while staying close to their 23-year high, weighing on loan applications as potential buyers continue to be locked out of the market....
...Mortgage rates have slipped below 7 per cent for the first time since August, while homebuilder confidence has lifted as those lower borrowing costs have enticed more prospective buyers....
...The 30-year fixed-rate mortgage increased to 7.53 per cent in the week ended September 29, the Mortgage Bankers Association said on Wednesday....
...Boeing had shaken up its leadership twice in recent months, naming its first ever chief operating officer in December and then, in February, ousting the head of its 737 Max programme after a door panel blew...
...Friday interview: Harley Bassman Almost all of what fixed-income options traders do on Wall Street today, Harley Bassman did first....
...She had never played that role or lived in Chicago....
...US homebuilder confidence fell below a break-even marker for the first time in five months as high mortgage rates “continue to erode” outlooks....
...Last week Boeing warned it would burn more cash in the first quarter than previously expected because of the crisis. Boeing shares were up 1.5 per cent on Monday....
...What’s the first — and possibly most famous — song in the musical Chicago? What imperial measure is equivalent to 6.35kg?...
...It shipped Maxes with first improperly installed fittings on the vertical stabiliser, then four months later incorrectly drilled holes in the rear pressure bulkhead....
...That marked the first time since July 2001 that mortgage rates have held above 7 per cent for six consecutive weeks, according to LSEG data....
...This would ease voters’ concerns that mortgages have become unaffordable ahead of November’s presidential vote....
...US existing home sales fell for a fourth consecutive month in September, dipping below the 4mn annualised rate mark for the first time in 13 years owing to high mortgage rates and low availability....
...“Our new prohibitions on key metals, in co-ordination with our partners in the United Kingdom, will continue to target the revenue Russia can earn to continue its brutal war against Ukraine,” said Janet...
...Chief executive Dave Calhoun wrote in a note to employees on Wednesday that “now is not the time” to share financial or operational objectives ahead of his first address to investors since part of a fuselage...
...Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
...Chicago’s swaggering colleagues — Judd, Serra & Co — ordered their welded, hammered, polished, heavy creations from workshops and factories and presented them in manly black, rust and grey....
...Figures from Halifax last Friday showed house prices declining for the first time in six months, contrary to expectations....
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