Boeing booked $3.5 billion in charges linked to its troubled 787 Dreamliner, sending the planemaker into a massive Q4 loss of $7.69 per share. Boeing (BA) – Get Boeing Company Report posted a massive fourth quarter Read more…
The German government lowered 2022 growth forecast to 3.6%, down from October’s projection of 4.1%. That’s still notably higher that 2021’s preliminary figure of 2.7%. “The consequences of the corona pandemic are still noticeable and Read more…
Mattel has won back the rights to sell toys inspired by Walt Disney characters from its main rival, Hasbro, according to a Wall Street Journal report. Mattel (MAT) – Get Mattel, Inc. Report shares surged higher Read more…
We’re seeing a strong start to trading on Wednesday after what has been a very turbulent start to the week. We’ve seen some sharp sell-offs already this week but investors appear to be encouraged by Read more…
The supply of chips that power and move Americans has never been tighter, according to a U.S. Commerce Department report. Is a Strategic Chip Reserve on the way? In the wake of the 1970s oil Read more…
Consumer surveys say we’re more optimistic about the economy in general than we are about our personal finances, while the odds of a recession are slightly higher. Is the American consumer upbeat, or not? It’s Read more…
High-paid employees of tax-exempt companies like hospitals can enjoy substantial deferrals if they participate in both a top-hat plan and a 403(b). By Ian Berger In the recently proposed Build Back Better Act, Congress attempts Read more…
USD is moving slightly lower today, ahead of the important FOMC press conference. Stocks slowed down ahead of the even but it might be just a temporary intraday rally before the market hits resistance, especially Read more…
Microsoft shares reversed course in overnight trading, and helped lift the broader stock market, after it forecast ‘significant’ revenue gains for its key Azure cloud division in the current quarter. Microsoft (MSFT) – Get Microsoft Read more…
AT&T said it added 4.4 million subs to its HBO and HBO Max streaming services, taking the overall total to just under 74 million and powering a 15% increase in WarnerMedia revenues. AT&T (T) – Read more…