(Bloomberg) — Boeing Co . fell the most in four months after the planemaker pared its annual forecast for deliveries of its 737 narrowbody jets and disclosed that it may discontinue the smallest and largest “Max” versions of the workhorse aircraft. Most Read from Bloomberg In a securities filing, Boeing said it could choose to …
Boeing Slides After Cutting 737 Delivery Goal on Supply Woes Read More »
Alfred E. Neuman, the iconic cover boy for the humor magazine “Mad”, famously asked the question “what, me, worry?” Yes, the character did not actually exist, but one could argue that his query has some real world implications. Economic indicators are pointing to tough times ahead, yet some consumers are still shelling out some serious …
Rolls Royce’s $400K EV Suggests the Rich Aren’t Cutting Back Read More »
Apple next year is planning to enter a new product category, launching its first mixed reality headset. Rumors indicate that the upcoming headset will support both AR and VR technology, and that it will have features that will outshine competing products. Render created by Ian Zelbo based on rumored information With the iPhone, iPad, and …
10 Cutting Edge Features to Expect From Apple’s Upcoming AR/VR Headset Read More »
Washington CNN — The Biden administration has launched a full-scale pressure campaign in a last-ditch effort to dissuade Middle Eastern allies from dramatically cutting oil production, according to multiple sources familiar with the matter. The push comes ahead of Wednesday’s crucial meeting of OPEC+, the international cartel of oil producers that is widely expected to …
FedEx warned that a global recession could be coming, as demand for packages around the world tumbles. Shares of FedEx plunged 21% Friday – the biggest one-day drop in its history – after the company warned late Thursday that a slowing economy will cause it to fall $500 million short of its revenue target. The …
FedEx warns of a global recession, cutting sales forecast by half a billion dollars Read More »
Cutting down on penalties is a big point of emphasis for Ohio State as the third week of the 2022 season begins. During his weekly appearance on 97.1 The Fan’s Buckeye Roundtable show on Monday, Day was asked multiple questions about the nine penalties the Buckeyes committed against Arkansas State and made it clear in …
A logo is pictured on the Credit Suisse bank in Geneva, Switzerland, June 9, 2022. REUTERS/Denis Balibouse Register now for FREE unlimited access to Reuters.com Register ZURICH, Sept 2 (Reuters) – Credit Suisse (CSGN.S) is considering cutting around 5,000 jobs, about one position in 10, as part of a cost reduction drive at Switzerland’s second-biggest …
Credit Suisse looking at cutting around 5,000 jobs – source Read More »
As Apple’s iPhone 14 event gets closer, rumors continue to swirl around the phone’s potential ability to provide emergency communications via a satellite network. On Monday, noted analyst Ming-Chi Kuo said that Apple had “completed hardware tests for this feature” with the iPhone 14, but it would have to negotiate a business model with carriers …
An iPhone 14 satellite link could depend on Apple cutting a deal with wireless carriers Read More »
The drama has been coming thick and fast at the AT&T-owned entertainment behemoth Warner Bros Discovery – unfortunately for the company, and its viewers, the action is all taking place in its boardrooms. The company was formed after the spin-off of WarnerMedia by AT&T and its merger with Discovery in April last year, media watchers …
Cutting costs, merging, shelving Batgirl: is this the end of HBO Max? Read More »
Editor’s Note: This post is breaking and will be updated Beyond Meat (BYND) reported fiscal second quarter results that missed estimates as the company battles operational headwinds and weak margins. Beyond Meat’s stock dropped in after-hours trading with shares down as much as 6%. Here are Beyond Meat’s second quarter results compared to Wall Street’s …
Beyond Meat sinks on Q2 earnings miss, cutting 4% of global workforce Read More »
