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Business

Boeing’s new outsider CEO Ortberg takes the helm, this time from the factory floor

August 9, 20240

Robert K. "Kelly" Ortberg is the Boeing's new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing'...

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Finance

Jamie Dimon says he still sees a recession on the horizon

August 8, 20240

JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a "soft landing" for the U.S. economy are around 35% to 40%, mak...

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Economy

No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says

August 8, 20240

Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the com...

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Earnings

Warner Bros. Discovery stock falls as it writes down $9.1 billion, misses estimates

August 8, 20240

A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Diet...

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Business

Federal safety hearing over 737 Max blowout puts Boeing, Spirit AeroSystems factories in spotlight

August 7, 20240

Jennifer Homendy, Chair of the National Transportation Safety Board, speaks during investigative hearing, into the blowout of a left mid exit doo...

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Finance

San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens

August 6, 20240

Mary Daly, president of the Federal Reserve Bank of San Francisco, during the National Association of Business Economics (NABE) economic policy c...

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Economy

‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks

August 6, 20240

A lifeguard works at the beach at Coney Island on June 15, 2023 in the Brooklyn borough of New York City.Spencer Platt | Getty ImagesDailey Jogan...

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Earnings

Linde extends its streak of earnings beats, flexes ability to handle any economy

August 6, 20240

Linde on Friday reported another impressive quarter, as the industrial gas supplier continues to demonstrate its reliability and value in a diver...

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Business

JPMorgan Chase is opening more small-town branches in middle America

August 6, 20240

Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm is expanding, with the aim of reac...

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Finance

ETF inflows set record high in July, State Street Global Advisors finds

August 4, 20240

It's a July for the record books.State Street Global Advisors finds inflows into exchange-traded funds hit $127 billion. Not only was it the best...

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