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Boeing agrees to buy Spirit AeroSystems as part of plan to shore up safety
CNN Business via Yahoo Singapore Finance· 2 weeks agoBoeing agreed to buy Spirit AeroSystems, one of its major suppliers and manufacturing partners, as...
Americans’ pay gains rose faster than expected so far this year
CNN Business via Yahoo Singapore Finance· 2 months agoIt wasn’t just inflation starting off 2024 hot, paychecks did as well. A closely watched measure of...
Meta’s stock plunges 15% on ‘aggressive’ AI spending plans
CNN Business via Yahoo Singapore Finance· 3 months agoShares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively”...
Boeing forecasts big losses after the Alaska Airlines incident
CNN Business via Yahoo Singapore Finance· 4 months agoBoeing will report a massive loss in the first quarter stemming from the Alaska Airlines door plug...
JetBlue pulls out of deal to buy Spirit Airlines
CNN Business via Yahoo Singapore Finance· 4 months agoJetBlue Airways announced Monday it is pulling out of its deal to purchase Spirit Airlines. The decision comes in the wake of a federal court ruling...
Macy’s is closing 150 stores
CNN Business via Yahoo Singapore Finance· 4 months agoMacy’s is getting a new, smaller, but more luxurious look designed to turn around the troubled retailer and keep the century-and-a-half old brand...
Marketmind: Booming stocks step back as PCE hoves into view
Reuters via Yahoo Singapore Finance· 5 months agoChastened interest rates markets are now inclined to doubt there will be any U.S. monetary easing in...
New York Community Bank’s stock price is plunging, but that won’t tell you if it’s on the brink of...
CNN Business via Yahoo Singapore Finance· 5 months agoSome of the very first signs of banking stress in the crisis that unfolded last year were reflected...
The Fed isn’t vexing markets. Here’s what might
CNN Business via Yahoo Singapore Finance· 5 months agoThe Federal Reserve makes its first interest rate decision of the year on Wednesday but with practically all of Wall Street in agreement that no changes...
Wayfair lays off 13% of its workforce weeks after telling employees to work harder
CNN Business via Yahoo Singapore Finance· 6 months agoWayfair is laying off 1,650 employees, amounting to 13% of its global workforce, as the online home...