OpenAI CEO Sam Altman rebuffed a $97.4 billion unsolicited bid for OpenAI from a group of investors, led by Elon Musk.
Boeing Co on Tuesday reported a hefty fourth-quarter loss following a bruising last year, but shares rallied on hopes that early turnaround signs under a new CEO might bear fruit. The US aviation ...
Airbus has shut down its new for-hire cargo airline focused on transporting oversize shipments using the odd-shaped Beluga ...
Some are even recommending that Boeing take the “For Sale” sign off of Jeppesen, and keep the navigation unit—which is delivering some excellent profits on its own—under the Boeing umbrella.
Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order! — Donald J. Trump (@realDonaldTrump) December 6 ...
But Chief Executive Kelly Ortberg, who joined Boeing in August, said the company is making progress. Company officials said they expect to lift 737 MAX production in 2025 and to clear out planes ...
Boeing Co. reported on Tuesday that it burned through $14 billion of cash in 2024 and is likely to post negative cash flow this year as well. Regardless, its shares jumped as much as 7.6%.
Boeing's CEO expressed confidence in ramping up plane production, lifting shares. Photo: BRUCE BENNETT / GETTY IMAGES NORTH AMERICA/Getty Images via AFP/File Source: AFP Don't miss out! Get your daily ...
--Up 4.39% month-to-date; on pace for best month since Dec. 2024, when it rose 13.87% --Up 4.39% year-to-date --Down 58.07% from its all-time closing high of $440.62 on March 1, 2019 --Down 7.82% ...
Josh Witt/WBJ Among its possible moves, Boeing is reportedly weighing the sale of its Jeppesen navigation unit. Bloomberg reported last week that Jeppesen is attracting interest from private ...
Boeing reported a hefty fourth-quarter loss Tuesday following a bruising 2024, but shares rallied on hopes that early turnaround signs under a new CEO may bear fruit. The US aviation giant ...