Boeing shares stumble after mid-flight blowout

The Alphabet Workers Union criticises the tech giant for axing hundreds of jobs despite vast earnings.

PHOENIX, ARIZONA – FEBRUARY 09: Former NFL player and host Pat McAfee speaks on radio row ahead of Super Bowl LVII at the Phoenix Convention Center on February 9, 2023 in Phoenix, Arizona. Mike Lawrie | Getty Images ESPN’s Pat McAfee problem is getting more complicated. On Friday, the host and former NFL punter publicly…

The troubled firm reportedly told investors in November its liabilities had outstripped its assets.

“Close to 96% of the net worth of the promoters of India’s wealthiest families is parked in trusts,” said Rishabh Shroff, partner at Cyril Amarchand Mangaldas, a Mumbai law firm. “These structures are increasingly attractive to wealthy business families, to shield their assets and insulate their businesses from insolvency, family or creditor disputes.”

Comment on this storyComment Add to your saved stories Save The Federal Aviation Administration ordered the grounding of 171 Boeing airplanes for inspection on Saturday, after part of a jet’s wall blew out in midair on a flight Friday and caused a dramatic emergency landing. All Boeing 737-9 Max planes with the same part —…

Image source, Getty Images National Insurance payments are being cut for millions of employees from Saturday. However, other changes mean the amount of tax people pay overall is rising to record levels. How is National Insurance changing for employees? From 6 January, 27 million employees will pay 10% on earnings between £12,571 and £50,270. This…