Boeing Financial News

14.08 / 10:57
UPS Boeing performer dance stars reports Videos Watch: Boeing pilot captures three high-speed UFOs 'Dancing' in the sky
New York Post, Captain Ruud Van Pangemanan, a seasoned pilot, captured footage of unidentified flying objects (UFOs) performing extraordinary maneuvers in the sky. The UFOs displayed rapid movements and sharp turns, baffling the aviation community.
13.08 / 15:22
markets UPS Google Apple Boeing Justice Department The Google antitrust case must not end with a slap on the wrist
federal judge held last week that Google has a monopoly on online search and has been illegally defending that monopoly for years. The verdict is important and correct, yet it leaves open an important question: What should the remedy be? Judge Amit Mehta, in his 277-page decision, found that Google used a variety of means to hold on to its monopoly power and inflate prices paid by advertisers (and ultimately, consumers) to use Google's search platforms. The remedy, which will be decided by the same judge after hearings begin in early September, needs to tear down the barriers that protect Google's monopoly; if the judge delivers little more than a slap on the wrist to the tech giant, this verdict — a historic victory for the Biden administration's antitrust division — will mean very little. The government's case centered on payments, which in 2021 totaled more than $26 billion, that Google pays Apple and others to be the default search engine on their products. In doing so, Google kept Apple out of the search market and, the judge ruled, weakened its other competitors. But if the court merely decrees that Google now abandon those agreements, it won't be enough to unlock a long-monopolized market. It might even help Google in the short term by saving it some money.
13.08 / 14:17
UPS Aviat Airlines Boeing reports Interviews Boeing focused on winning back public's trust: Executive VP Raymond
Mint in an interview in New Delhi. “We have to just stay focused on that and not sort of get caught up in all the noise and people's opinions." Boeing reported a net loss of $1.44 billion in the June quarter, primarily due to major cash burn in its defence, space and security unit as a result of cost overruns. It reported a loss of $149 million a year earlier.
13.08 / 11:30
Provident CEO Platform Sustainability Boeing Enterprise President Boeing partners with AIESL to provide services to Indian Navy's P-8I aircraft
Boeing has partnered with India's AI Engineering Services Ltd to provide overhaul services to the Indian Navy's fleet of 12 P-8I maritime surveillance aircraft. As part of the partnership, the first landing gear overhaul of a P-8I aircraft was recently completed at naval base INS Rajali in Tamil Nadu, Boeing India said on Tuesday. «This is a first in India and reflects the growth in India's indigenous capabilities for undertaking complex Maintenance, Repair and Overhaul (MRO) services,» it said in a statement. The Boeing P-8I, a multi-role long-range maritime reconnaissance anti-submarine warfare (LRMR ASW) aircraft, is integral to the Indian Navy's maritime surveillance missions in the Indian Ocean.
13.08 / 09:25
Target Boeing show Podcasts Headlines Catherine Mann: UK battle against inflation is not over
Speaking to the FT's Economics Show podcast, Catherine Mann said the potential for large increases to wages in the coming year is «a problem for next year».  Bank of England cuts interest rates by 25 basis points to 5% Headline inflation hit the the BoE's target rate of 2% back in June, but Mann argued that the UK should avoid being «seduced» into believing that the ongoing struggle against inflationary pressures has finally ceased.  «Prices on services continue to be increasing and by and large, services prices never fall,» Mann said, meaning that wages will have to continue to ri...
13.08 / 08:43
markets Boeing show UK wage growth drops to two-year low but labour market remains 'strong'
This was the lowest level of wage growth recorded in two years, but the data released today (13 August) showed the labour marked has remained «strong», noted Neil Birrell, CIO at Premier Miton Investors. UK battle against inflation is not over warns BoE's Mann The number of payrolled employees is estimated to have grown by 14,000 between May and June 2024, and by 24,000 in July. The employment rate stood at 74.5% for Q2 and while this was below last year's estimates, it showed an increase from the first quarter of the year. The unemployment rate decreased over the quarter to 4.2...
12.08 / 09:00
Target Boeing show Podcasts Headlines UK battle against inflation is not over warns BoE's Mann
Speaking to the FT's Economics Show podcast, Catherine Mann said the potential for large increases to wages in the coming year is «a problem for next year».  Bank of England cuts interest rates by 25 basis points to 5% Headline inflation hit the the BoE's target rate of 2% back in June, but Mann argued that the UK should avoid being «seduced» into believing that the ongoing struggle against inflationary pressures has finally ceased.  «Prices on services continue to be increasing and by and large, services prices never fall,» Mann said, meaning that wages will have to continue to ri...
10.08 / 01:55
markets COST UPS Aviat Manufacturing Airlines Boeing Brazilian aerospace company Embraer in talks with govt for tie up but seeks market access for its jets
Embraer is in talks with the government and top conglomerates to set up a manufacturing unit in India, a top executive said. However, progress will depend on the company’s jets gaining access to India’s large and rapidly expanding domestic market, dominated by Airbus and Boeing planes. India is among countries such as China, Turkey, Japan and Saudi Arabia with which the firm is discussing a possible partnership, said Arjan Meijer, CEO and president of Embraer’s commercial aviation business. “We have been vocal for the last couple of years that we are looking for a partner,” Meijer told ET. “We have always said we want to cooperate, but we also want to bring our products into the market.”
08.08 / 23:03
UPS Williams Boeing SpaceX Experts testing International NASA says chances are growing that astronauts may switch from Boeing to a SpaceX ride back to Earth
NASA says chances are growing that two test pilots who flew a new Boeing capsule to the International Space Station in June may have to switch to SpaceX for a ride home
08.08 / 22:02
UPS Williams Boeing SpaceX testing International wrestling Could 2 NASA astronauts be stuck at the space station until next year? Here's what to know
NASA is wrestling over how and when to bring two astronauts back from the International Space Station after running into trouble with their new Boeing capsule
08.08 / 06:39
Williams Boeing WhatsApp SpaceX track testing International SpaceX to the rescue, as NASA plans Sunita Williams' return after Boeing's setback
Nasa is contemplating extending the stay of astronauts Butch Wilmore and Sunita Williams from one week to eight months aboard the International Space Station (ISS). This consideration arises due to concerns about the safety of Boeing’s Starliner spacecraft for returning astronauts to Earth. If deemed unsafe, those on the ISS might have to use SpaceX's Crew Dragon for their return journey in February 2025. Nasa officials are expecting to decide later this month whether to continue with Starliner, which encountered propulsion issues during its June flight to the ISS. With Wilmore and Williams potentially stranded on the ISS, plans are being developed for their safe return to Earth. “However, with the two additional astronauts stranded on the ISS, Nasa has had to develop a plan to bring them back to Earth,” stated an official.
07.08 / 22:06
UPS Williams Boeing SpaceX testing International NASA astronauts Butch Wilmore, Sunita Williams not returning from ISS this year. When and how will they reach earth?
NASA officials said on Wednesday that the two astronauts Butch Wilmore and Sunita Williams, who are on a trip to the International Space Station (ISS) by Boeing's Starliner, could return on SpaceX's Crew Dragon in February 2025 instead if Starliner is still deemed unsafe to return to Earth. t was meant to be a weeklong trip to the ISS for the first NASA astronauts to fly with Boeing could extend to eight months The U.S. space agency has been discussing potential plans with SpaceX to leave two seats empty on an upcoming Crew Dragon launch for NASA astronauts Butch Wilmore and Suni Williams, who became the first crew to fly Boeing's Starliner capsule to the ISS in June. A final decision on whether to persist with Boeing's Starliner — which experienced concerning propulsion system problems as it flew up to the orbital platform in June — is expected later this month, officials said Wednesday in a call with reporters.
07.08 / 21:26
Aviat Action Airlines security Boeing President reports US safety board plans to quiz officials about FAA oversight of Boeing before a panel blew off a 737
Officials from Boeing and the Federal Aviation Administration are facing questions about the door plug that blew off a 737 Max jetliner in midflight
07.08 / 13:03
UPS Target Williams Boeing SpaceX testing International NASA delays next crew launch to buy more time at the space station for Boeing's troubled capsule
NASA is delaying its next astronaut launch to buy more time at the International Space Station for Boeing's troubled new crew capsule
07.08 / 01:40
COST Williams Boeing SpaceX consequences reports Will NASA send Boeing's Starliner spacecraft back empty? Here are the details
NASA astronauts Butch Wilmore and Suni Williams found themselves stranded in orbit. Technical issues with Boeing's Starliner spaceship have caused an indefinite delay in their return, despite the fact that their mission was only scheduled to last two weeks. There isn't a new return date announced by NASA, as per the reports of Yahoo news. NASA is currently thinking of returning the Starliner spaceship to Earth without the astronauts on board. According to CNBC, there hasn't been much consensus on this proposal yet. To return the astronauts home, a SpaceX Crew Dragon capsule would be sent. Although it was developed at a lower cost than Starliner, the Crew Dragon is a part of the same Commercial Crew program and has not encountered any problems of the same nature.
06.08 / 15:24
Fox Manufacturing Airlines Boeing President reports Investigations Boeing door plug hearings put embattled planemaker under NTSB scrutiny
Briefing occurred Tuesday in Renton, Washington, detailing «defect» from supplier.
06.08 / 04:58
UPS Provident Airlines security Boeing reports Investigations Witnesses will tell a federal safety board about the blowout on a Boeing 737 Max earlier this year
The National Transportation Safety Board is about to hold a two-day hearing into the blowout of a panel from the side of a Boeing 737 Max airliner
04.08 / 13:35
UPS Provident Williams Boeing show testing peace One church, two astronauts: How Texas congregation is supporting its members on space station
Johnson Space Center, a Houston-area church takes a moment during Wednesday Bible studies and Sunday evening services to pray for two members who cannot be there. In fact, there's no way on Earth for NASA astronauts Barry «Butch» Wilmore and Tracy Dyson to show up at Providence Baptist Church. They're in space, orbiting the planet. More specifically, these two members are working on the International Space Station together. Like many astronauts before them, they brought along their faith when they launched into space. «God uses all of us in pretty neat ways, and I think I get the most joy from what I do thinking about it in those terms,» said Dyson, discussing her job on the «Bible Project» podcast ahead of her March launch on a Russian Soyuz spacecraft.
03.08 / 23:38
UPS Boeing WhatsApp community Updates Headlines Has Boeing's Starliner completely failed? Here's all you need to know
Boeing Starliner is one of those spacecrafts that has been in the headlines for some time now, but for all the wrong reasons. The spacecraft is currently stranded in space, with hopes of being repaired diminishing as each day passes. Meanwhile, the two astronauts it had carried to space, are currently marooned and there is a concern over the fact about how these astronauts will return home safely.

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