Mountain View, CA

(Reuters) - Boeing's annual free cash flow target of $10 billion may be delayed by about two years to 2027-28 and it would have to raise $30 billion before developing a new aircraft, Wells Fargo said and downgraded the stock. Shares of the Dow component fell more than 7% after...

Boeing's Cash Flow Goal to Be Delayed, Says Wells Fargo as It Downgrades Stock

Seattle, WA

Boeing has experienced all manner of bad news in the last six years, and almost nothing but problems. Later this month it could add a strike by 32,000 workers to its list of woes. 

Boeing’s next big problem could be a strike by 32,000 workers

The hits keep on coming for Boeing, with the company’s latest problem a likely strike of 32,000 of its union workers. Boeing has been negotiating with the International Association of Machinists, representing 32,000 of the company’s workers, but the negotiations have not been going well. In particular, the union is trying to recoup some of the concessions it made in two previous deals since its last strike in 2008. Those concession included increased healthcare costs and lost pension plans, according to CNN, concessions the union felt it had to make to preserve thousands of jobs.

Boeing Faces Likely Strike of 32,000 Workers

Boeing (BA -7.54%) shareholders have endured wave after wave of bad news in recent years. At least one analyst sees no quick rebound. Shares of Boeing traded down 7% as of 10:30 ET after the stock was downgraded and its price target was slashed to well below the current price.

Why Boeing Stock Is Flying Lower Today

Washington, DC

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NewsNinja

A woman says she overheard Texas Roadhouse corporate managers plotting to terminate an employee who is in the intensive care unit (ICU) by baiting her husband with a fake benefits package. The story has sparked outrage in a now-viral TikTok.

Woman catches Texas Roadhouse managers allegedly scheming to terminate an injured worker

The Arizona-made Lucid LCID Air is perhaps the king of modern electric car luxury. It’s got its own aerodynamic design aesthetic, efficient layout, tons of power, but the new 2025 Grand Touring model is also the king of EPA-rated EV range, supposedly delivering more miles per charge than any other EV on the market. And it might surprise you to learn that Lucid actually under-sold its range ratings, as YouTube tester Kyle Conner recently found out with an all-highway real-world range test.

An electric car with a 500-mile range is here

CBS News

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  Over the last few months, investor attention has been largely focused on one asset in particular: gold. While the precious metal has always had an allure for investors, this renewed attention is due, in large part, to gold's remarkable price journey so far in 2024.While gold is typically considered a long-term investment, the precious metal has recently bucked that trend, growing in value by hundreds of dollars since the start of the year. The yellow metal was trading at...

Will 1-ounce gold bars be worth investing in this September?

BioAge Labs, a biopharmaceutical startup focused on obesity drugs and an Eli Lilly LLY collaborator, filed for an initial public offering on Tuesday, according to a filing with U.S. Securities and Exchange Commission. Suggested Reading. Only a third of America's millionaires actually feel 'wealthy'. The filing comes as investors have...

A new weight loss drug from an Eli Lily partner targets the elderly

Stellantis STLA and its 14 international car brands have been having a rough time of it recently. Jeep has witnessed plummeting sales in America, struggling marques have been threatened with the chop in Europe and the heir to the Chrysler family has warned that he is the only person who can save the brand. Now, Stellantis has hit back at such fearmongering, claiming that it’s not for sale and it’s committed to all 14 of its brands.

Stellantis is sticking with Chrysler — and all of its 14 brands for that matter

There's nothing remarkable about Russian President Vladimir Putin's visit to Mongolia on Tuesday — he's due to meet Mongolia's leader, hold talks on developing bilateral ties and attend a gala reception. What is unusual is that Mongolia, as a member of the International Criminal Court, should have arrested the...

Mongolia was meant to arrest Russia's President Putin last night. It didn't, and now it's in trouble

TheStreet

Her flagship Ark Innovation ETF has sunk 21% year to date.

Cathie Wood buys $59 million of pummeled tech stocks

If you’re the proud owner of a Tesla TSLA, you might think the biggest thing you have to worry about with your car is either the battery going flat, body panels falling off or, god forbid, water sparking a fire onboard. Now, it turns out there’s a new concern for America’s Tesla owners: cops towing their cars as evidence in crime scenes.

Teslas are getting towed by police because their cameras might have evidence of crimes

The Motley Fool

Snowflake looked somewhat out of place in Berkshire Hathaway's $312 billion stock portfolio.

Meet the Artificial Intelligence (AI) Stock Warren Buffett Just Sold Completely -- I'm Not Surprised

Nvidia's AI pedigree is unrivaled, but some investors are looking for alternatives.

Forget Nvidia: Billionaire Daniel Loeb Has 31% of His $8.7 Billion Portfolio in Just 4 Unstoppable Artificial Intelligence (AI) Stocks Instead

Amazon AMZN plans to install more of its Just Walk Out technology at NFL stadiums and college campuses throughout the U.S. the fall, the company said in a statement on Tuesday. Suggested Reading. The move is intended to help fans and university students “skip the checkout line,” allowing quicker returns...

Amazon is adding more 'Just Walk Out' stores to NFL stadiums and college campuses

Gray airport security trays are the modern silver platter for social media influencers this summer. Photos of luxury goods artfully posed in the checkpoint bins took over certain corners of Instagram and other platforms. While the “TSA tray aesthetic” portrays an elevated level of status, it also spotlights one of the most germ-infested surfaces inside an airport: the security trays.

'TSA tray aesthetic' is a thing

Trump Media & Technology Group stock has been on a downward trend for weeks, hitting new low after new low for much of August. As the markets opened after Labor Day weekend, Trump Media sunk even further. Suggested Reading. Shares of Trump Media, the company behind former President Donald Trump’s...

Trump Media stock keeps sinking as Donald Trump's share dump nears

The hedge fund trying to shake things up at Southwest Airlines is a step closer to a showdown with the company’s management team. Reuters reports that Elliott Investment Management now has a true 10% stake in the company, enough to trigger a special shareholder meeting. Suggested Reading. Though Elliott...

Southwest Airlines' fight with activist investor Elliott just reached a new level

24/7 Wall St.

Everyone knows Microsoft (NASDAQ: MSFT) and its best-known products, including the Windows operating system and Microsoft 365 suite of productivity apps, but its growing cloud computing platform, Azure, is the future of the company. Microsoft stock has been a millionaire maker for decades, with a stock split-adjusted IPO price of $0.14, which means at today’s […]
The post Microsoft (MSFT) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..

Microsoft (MSFT) Price Prediction and Forecast 2025-2030

Former Cleveland Fed President Loretta Mester joins 'Squawk Box' to discuss the Fed's inflation fight, state of the economy, what to expect from the August jobs report, rate path outlook, and more.

Former Cleveland Fed President Mester: A strong jobs report won't change the Fed's rate cut decision

NewsBreak

There are 1.5 billion reasons why Boeing might have a strike on its hands

Even though its plate is otherwise very full, Boeing BA will also have to contend with another big item thrown onto it. As a contract with...

There are 1.5 billion reasons why Boeing might have a strike on its hands

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