Boeing is laying off 10% of the company — and blaming the machinists’ strike
Boeing (BA) announced layoffs Friday, blaming the cuts on an ongoing strike by its union-represented machinists. The company is letting…
Morning Bid: Bank results boost Wall St, China plan leaves questions
As the trading week begins in Asia, Chinese stocks are coming off several days of retrenchment while U.S. equities keep…
The iPhone 17 Pro Max is again rumored to be the only 2025 iPhone with 12GB of RAM
Now that the iPhone 16 launch is behind us, we can start thinking about the iPhone 17 – and a…
Russian court orders seizure of $155.8 million in JPMorgan Chase funds in VTB lawsuit
A Russian court has ordered the seizure of funds in JPMorgan Chase bank accounts in Russia totalling $155.8 million, court…
Stocks higher after inflation data keeps Fed expectations on hold
Global stocks were higher and poised for a weekly gain while longer-dated U.S. Treasury yields rose after a reading on…
China trade tensions cast shadow on automakers’ investment plans, TomTom CEO says
Trade tensions between China and the West have put a dampener on carmakers’ investment decisions and longer-term outlooks, creating a…
Boeing Hardens Tone With Union, Laments ‘Bad Faith Bargaining’
With the paralyzing labor strike now running for a full four weeks, Boeing Co. is taking a harder line with…
Indonesia asks Apple, Google to block China’s Temu to protect small merchants
Indonesia has asked Alphabet’s Google and Apple to block Chinese fast fashion e-commerce firm Temu in their application stores in…
Intel’s 15th-gen CPUs are all about power efficiency and thermals
Despite all the inroads AMD has made in recent years with its Zen desktop CPUs, Intel has broadly managed to…
It will be awhile before OpenAI turns a profit. In the meantime, Microsoft gets a cut of revenue
OpenAI is projected to turn a profit in 2029, a new report from The Information said. Microsoft also appears to…