Month: January 2024
FAA says it will audit Boeing's production line after 737 Max 9 accident
A plastic sheet covers an area of the fuselage of the Alaska Airlines N704AL Boeing 737 MAX 9 aircraft outside a hangar at Portland International Airport on January 8, 2024 in Portland, Oregon. Mathieu Lewis-rolland | Getty Images The Federal Aviation Administration on Friday said it will audit Boeing‘s production line, a week after a […]
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Tesla inventory down on Purple Sea delays, rising labor fees and cost cuts
An employee of the Tesla Gigafactory Berlin-Brandenburg works on a production line of a Design Y electric automobile. Patrick Pleul | Picture Alliance | Getty Photographs Shares of Tesla dipped as a great deal as 3% Friday morning as the inventory faced strain from supply chain delays owing to a crisis in the Red Sea, […]
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Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the United States, on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Citigroup reported fourth-quarter earnings before the opening bell Friday. Here’s what […]
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Bank of The united states shares drop just after business reviews reduced fourth-quarter earnings, strike by regulatory cost
Lender of The united states shares fell about 2% in premarketing trading on Friday immediately after the company described declining fourth-quarter earnings amid hefty one-time expenses. Here’s what the corporation documented in contrast with Wall Avenue expectations: Altered earnings per share: 70 cents vs. 68 cents per share expected, in accordance to LSEG, formerly regarded […]
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Delta extra than doubles fourth-quarter income, but trims 2024 earnings forecast
Airbus A330neo widebody aircraft intended for Delta Air Strains being analyzed in Toulouse, France. Nurphoto | Nurphoto | Getty Pictures Delta Air Strains shut out the year by doubling its quarterly revenue as travel need, particularly for global visits, assisted travel file profits in 2023. CEO Ed Bastian said ongoing solid vacation demand from customers […]
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JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images JPMorgan Chase said Friday that fourth quarter profit declined after paying a $2.9 billion […]
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Who are the Houthis? U.S. and U.K. strikes thrust Iran-backed group into the world wide spotlight
SANA’A, YEMEN – DECEMBER 03: Associates of the Houthi-operate Military services Particular Forces guard all through a funeral procession of Houthi fighters at Al-Sha’ab Mosque on December 03, 2023 in Sana’a, Yemen. (Photo by Mohammed Hamoud/Getty Images) Mohammed Hamoud | Getty Photographs Information | Getty Photographs U.S. and U.K. forces have carried out airstrikes towards […]
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Crypto bulls see bitcoin flying higher than $100,000 after ETF approval
Cryptocurrency bulls say bitcoin could surge to a lot more than $100,000 this calendar year just after the U.S. Securities and Exchange Fee manufactured a pivotal action to approve the initially-ever U.S. place bitcoin trade-traded fund. A number of crypto buyers CNBC spoke with claimed they see the world’s prime cryptocurrency rising in 2024, as […]
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Center East disaster stay updates: Houthis say U.S., U.K. will shell out a 'hefty price tag' immediately after Yemen strikes
U.S. President Joe Biden speaks throughout a campaign event on Jan. 5, 2024. Drew Angerer | Getty Pictures Information | Getty Pictures A Houthi official pledged retaliation immediately after the U.S. and U.K. released strikes in opposition to the group’s targets in Yemen, in reaction to a wave of maritime assaults that have destabilized website […]
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White House claims U.S. Ukraine support has ɿloor to a halt' Zelenskyy suggests 'international independence' is at stake
U.S. military services aid to Ukraine has “floor to a halt,” with Congress but to authorize the crisis investing requested by President Joe Biden’s administration in late Oct. In a White Home press briefing on Thursday, Nationwide Protection Council Spokesperson John Kirby reported Washington experienced “issued the last drawdown offer that we had funding to […]
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