New Boeing CEO says company must do much better
Boeing’s new CEO says the company must improve its culture and repair its business. Dave Calhoun, who began his post as CEO of Boeing Monday,…
Continue ReadingBiz/Tech
How to stay invested if you’re a worrier
There are a lot of things to be nervous about. Iran. Trade tensions with China. Recession fears. Sky-high national debt. The fallout from impeachment…
Continue Reading One of the world’s top companies is giving young people the chance to veto projects that hurt the climate
Siemens is taking heat for sticking with a controversial coal mining project in fire-ravaged Australia. Its response? Give young people the power to…
Continue Reading Luggage startup Away’s embattled CEO is staying in her position
Steph Korey, the cofounder and CEO of luggage company Away, is remaining in her position after all. She will not, however, become Away’s…
Continue Reading
Can anyone get Boeing through this mess? He’s going to try
Dave Calhoun might have the toughest job in corporate America: Fixing Boeing. As he steps into the CEO job on Monday, Calhoun is tasked with winning…
Continue Reading Defense and cybersecurity stocks have gotten a boost from US-Iran tension. Can they hold onto their gains?
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. The…
Continue Reading China’s car sales fell 8% in 2019 and the slump is entering its third year
China’s car sales are stuck in a major slump that shows little sign of ending as the country’s massive economy slows. The country’s…
Continue Reading A Japanese billionaire is looking for a ‘life partner’ to fly with him to the moon
It sounds like the plot of a science fiction movie — but Japanese billionaire Yusaku Maezawa is serious about his search for a special someone to…
Continue Reading Janet Yellen: The US-China trade war isn’t over and a tech fight risks dividing the world
The United States’ trade war with China is far from over, according to Janet Yellen, who is warning that unresolved tensions over technology…
Continue Reading Canadian CEO says the United States shares blame for Iran plane crash
The CEO of a Canadian company affected by last week’s plane crash near Tehran has lashed out against the Trump administration’s handling…
Continue Reading China is really worried about unemployment. Here’s what it’s doing to avoid mass layoffs
The Chinese government wants to do whatever it can to protect the economy in 2020. It’s got an enormous task ahead of it. Beijing has made…
Continue Reading Stelter: The ‘projector in chief’ poses a perpetual challenge for journalists
There was a moment in President Trump’s interview with Laura Ingraham that most people missed. He once again accused credible reporters, this…
Continue Reading Saudi Aramco exercises ‘over-allotment’ option to raise record IPO by $3.8 billion
Saudi Aramco has exercised its “over-allotment option” to raise the size of its already record breaking initial public offering. Aramco,…
Continue Reading Former US officials call for the return of press briefings: ‘It’s about accountability’
A group of former US government officials are calling on the Trump administration to resume the practice of holding regular press briefings. In an…
Continue Reading America’s new favorite restaurants are Wawa, Sheetz and 7-Eleven
In “Vacation,” National Lampoon’s 1980s classic, Chevy Chase jokes, “I’m so hungry. I could eat a sandwich from a gas…
Continue Reading ‘1917’ dethrones ‘Star Wars’ at the box office
A war movie once again topped the box office this weekend. However, this one was set in the trenches of World War I rather than a galaxy far, far…
Continue Reading Record earnings at big banks could keep the stock rally alive
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. In 2018, the…
Continue Reading The technology of the future paints a very lonely picture for all of us
While standing next to Samsung’s new softball-shaped robot Ballie at the CES tech show this week, a company spokesperson told me the personal…
Continue Reading Ousted Boeing CEO exits with $80 million – but no severance
Ousted Boeing CEO Dennis Muilenburg left the company with stock options and other assets worth about $80 million, but did not receive severance as…
Continue Reading
New Mexico governor, executives attend aerospace summit in Las Cruces
LAS CRUCES, New Mexico — The governor of New Mexico has hosted about 30 executives in the aerospace industry at a closed-door summit to reportedly…
Continue Reading Top Google exec David Drummond to retire months after scrutiny
David Drummond, a longtime Google executive who most recently served as chief legal officer for parent company Alphabet, is retiring at the end of…
Continue Reading Dow hits a new record: 29,000 points
The Dow rose around 40 points to cross the 29,000 level for the first time, but couldn’t sustain its gains and ended the day down 133 points,…
Continue Reading Casper has filed to go public. It won’t turn a profit any time soon
Casper, the mattress-in-a-box company that revolutionized the way for people to buy their beds, filed paperwork on Friday to offer its stock to the…
Continue Reading ‘Designed by clowns’: Boeing releases flood of troubling internal documents related to 737 Max
Boeing employees ridiculed the 737 Max’s regulatory certification progress and crudely expressed doubts about the plane’s ability to fly…
Continue Reading Can ‘1917’ help Universal bounce back from ‘Cats’?
“1917,” a harrowing World War I drama, opens nationwide this weekend and is expected to have a $20 million opening, according to its…
Continue Reading The Salt Lake Tribune’s switch to nonprofit status may inspire other newspapers to do the same
Struggling newspapers across the country are asking: How long can we stay in business? With profitable days disappearing in the rearview mirror,…
Continue Reading Tesla is now the most valuable US automaker ever
Wall Street’s current love for Tesla has lifted its shares to a level never before achieved by a US automaker. Tesla shares, which are up more…
Continue Reading Andrew Cuomo promises to legalize cannabis in New York. It could be ‘gigantic’
New York wasn’t able to legalize cannabis last year, but Governor Andrew Cuomo vows it’ll happen this time around. Cuomo on Wednesday…
Continue Reading Jobs are hot. Paychecks? Not so much
The American jobs machine churned out another 2.1 million new jobs in 2019, driving the unemployment rate to the lowest level since 1969. At a 3.5…
Continue Reading Boeing’s biggest supplier lays off 2,800 workers because of 737 Max production suspension
Boeing’s largest supplier is laying off a significant number of its employees because of the 737 Max production suspension. Spirit AeroSystems,…
Continue Reading