Boeing shares stumble after mid-flight blowout
Boeing shares fell more than 8% at one point while shares in its supplier Spirit Aerosystems dropped 11%.
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The 2023 U.S. economy, in a dozen charts
A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023. Ed Jones | AFP | Getty Images The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty good year for the macroenvironment….
Post Office scandal explained: What the Horizon saga is all about
The Post Office had prosecution powers and, between 1999 and 2015, it prosecuted 700 sub-postmasters and sub-postmistresses – an average of one a week – based on information from a computer accounting system called Horizon. Another 283 cases were brought by other bodies including the Crown Prosecution Service.
Four Southern California Hilton hotels reach deals with striking workers, suggesting momentum
After five months of on-and-off strikes by Southern California hotel workers, there are signs of progress toward a resolution. On Friday, Unite Here Local 11 announced it had reached a tentative contract agreement with the Beverly Hilton covering more than 500 unionized workers. The union struck deals Saturday with two other properties managed by Hilton:…
Boeing loses $13B in value as shares sink after feds ground best-selling 737 MAX jets
Boeing shares fell 8% on Monday and erased nearly $13 billion in market value following the temporary grounding of some of its best-selling 737 MAX jets by the US aviation regulator. A piece of fuselage tore off an Alaska Airlines 737 MAX 9 jet on Friday following takeoff from Portland, Ore., forcing pilots to turn back. The Federal…
Fake Stanley cups are being sold by ‘shady’ scammers, cops warn
Don’t become a pour victim of this popular con. Police are warning about a sharp rise in counterfeit Stanley cups amid a heightened surge in popularity over the portable item — one not to be confused with the coveted National Hockey League trophy. “This past summer, we found them for as cheap as $19. Sounds…
Global Economic Powerhouses: The Top 10 Countries Leading the Way in 2024
Hey there, world travelers and global citizens! Today, we’re taking a fascinating journey across continents to explore the economic powerhouses that are shaping the global landscape in 2024. From bustling metropolises to scenic landscapes, these countries are not only leading the charge in economic growth but also setting the pace for innovation, entrepreneurship, and prosperity…
