City Seattle Financial News

23.10 / 13:13

Boeing WhatsApp Research performer reports International Boeing reports USD 6 bn quarterly loss ahead of vote by union workers who crippled production

Boeing reported a massive loss of more than USD 6 billion in its third quarter, dragged down by a work stoppage and charges tied to its commercial aircraft and defence programmes. Boeing lost USD 9.97 per share for the period ended Sept 30, with an adjusted loss of USD 10.44 per share. Analysts polled by Zacks Investment Research were calling for a loss of USD 10.34 per share. Revenue totalled USD 17.84 billion, matching Wall Street estimates. The biggest news of the day, however, is likely to come Wednesday evening, when the International Association of Machinists and Aerospace Workers reveals whether striking union members will return to factories after crippling production.

23.10 / 11:39

markets UPS Trade track reports Stock market today: Wall Street declines in early trading with a bevy of earnings on the way

Wall Street was on track to open with losses on Wednesday as more high-profile companies roll out their latest financial results

23.10 / 11:39

UPS CEO Airlines Boeing reports testing Boeing is expected to report a big Q3 loss, then wait for results of vote by striking workers

It's a big day for Boeing

23.10 / 02:37

CEO Mobile Apple ICE reports Traffic Videos Starbucks reports weak quarterly results despite the arrival of Pumpkin Spice Latte season

It’s been a disappointing start to Pumpkin Spice Latte season for Starbucks

17.10 / 01:49

Citi FIVE awards travelers Department International 5 big airlines will share new long-haul flights to Reagan National Airport near Washington

Five airlines are poised to win permission for new new long-haul flights to Ronald Reagan Washington National Airport

16.10 / 03:39

UPS Provident Airlines security Boeing SOLIDARITY Troubled Boeing signals it may raise up to $25 billion to shore up finances

Boeing is moving toward raising up to $25 billion to shore up its troubled financial position

14.10 / 21:10

Fox Manufacturing CEO Boeing Trade show testing Boeing to cut 10% of workforce, halt most 767 production amid labor union strike

Third Bridge global head of analysts Peter McNally discusses how the Boeing factory workers strike is impacting business on 'The Big Money Show.'

09.10 / 16:36

BLOCK Google awards Research information reports medicines Nobel Prize in chemistry awarded to 3 scientists for work on proteins, building blocks of life

The Royal Swedish Academy of Sciences has awarded the Nobel Prize in chemistry to David Baker, Demis Hassabis and John Jumper for their work with proteins

09.10 / 16:36

COST Manufacturing Boeing International Boeing withdraws contract offer after talks with striking workers break down

Boeing has withdrawn a contract offer that would have given striking workers 30% raises over four years after talks broke down

09.10 / 16:35

show country testing Features rights Amazon says new technology in delivery vans will help sort packages on the fly and save time

Amazon has revealed new technology that it says will help delivery drivers avoid organizing packages at stops or manually check to see if they have the right parcel for each delivery

30.09 / 15:07

wellness country reports testing International cricket bowling English cricket team Hampshire set to be bought by part-owner of IPL franchise Delhi Capitals

Hampshire is set to become the first English county cricket club to be owned by an overseas franchise after entering into a “phased acquisition” with the part-owner of Indian Premier League team Delhi Capitals

27.09 / 00:13

COST UPS Progressive Boeing International Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike

The union representing Boeing’s striking factory workers in the Pacific Northwest says it expects to resume negotiations with the company on Friday

25.09 / 17:43

UPS Digital Platform show hospital patient How Grey’s Anatomy keeps upping drama: Sex, disasters and more than 140 tumors

Subscribe to enjoy similar stories. Dr. Meredith Grey has nearly died seven times.

24.09 / 22:33

COST UPS Aviat Airlines Boeing International Boeing gives union more time to vote on an offer that's getting poor reviews from striking workers

Boeing is giving the union for 33,000 striking workers more time, but it still wants a vote on its latest contract proposal

23.09 / 23:17

Airlines Bitcoin reports travelers International Alaska Airlines grounds flights at Seattle briefly due to tech outage

Alaska Airlines says it halted its flights in Seattle briefly on Sunday night due to a technology problem that was resolved by about 10 p.m. Pacific Daylight Time

23.09 / 13:45

UPS Racing Software Inside Interviews International Amazon fell behind in AI. An Alexa creator is leading its push to catch up.

Subscribe to enjoy similar stories. As one of the chief architects of Amazon’s Alexa, Rohit Prasad has been at the vanguard of artificial intelligence. Now, he is leading the company’s effort to catch up in the AI race.

21.09 / 05:47

markets UPS FIVE CEO pandemic performer 2020 The work from home free-for-all is coming to an end

Subscribe to enjoy similar stories. Amazon Chief Executive Andy Jassy set CEOs abuzz with envy—and white-collar workers with fear—this week with a surprise memo calling corporate staffers back to the office full time. Now, long after hybrid work seemed a settled matter at many companies, suddenly both sides are wondering: Who’s next? At a party in Seattle Tuesday evening, shortly after Jassy went public with his plan, his return-to-office rally cry was a hot topic among executives in attendance.

19.09 / 02:23

Citi Aviat Airlines Bitcoin information Investigations International Hackers demand $6 million for files stolen from Seattle airport operator in cyberattack

Hackers are demanding $6 million in bitcoin from the operator of the Seattle-Tacoma International Airport for documents they stole during a cyberattack last month

18.09 / 23:51

Provident Fox CEO Action Boeing Photography International Boeing begins layoffs amid labor union strike, controversy over CEO's home purchase: 'Very difficult time'

Boeing CEO Kelly Ortberg moved to Seattle while 33,000 of the company's workers took to the picket line. (Credit: Derrick Louie with Clarity Northwest Photography & Laura Halliday with Realogics Sotheby's International Realty and KCPQ)

18.09 / 16:44

JetBlue Hawaiian Justice Department Alaska Airlines completes its acquisition of Hawaiian Air, which will remain a separate brand

Alaska Airlines is closing its $1 billion purchase of Hawaiian Airlines

17.09 / 11:27

UPS Boeing President performer travelers International Boeing says it's considering temporary layoffs to save cash during the strike by machinists

Boeing says it’s considering temporary layoffs to save cash during the strike by machinists

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