After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg, a longtime aerospace executive and an engineer whom the manufacturer plucked from retirement to fix the problem-addled company last year, is set this week to outline significant progress since he took the helm a year ago. Boeing reports quarterly results and gives its outlook on Tuesday. So far, investors are liking what they’ve been seeing. Shares of the company are up more than 30% so far this year. Wall Street analysts expect the aircraft manufacturer to halve its second-quarter losses from a year ago when it reports. Ortberg told investors in May that the manufacturer expects to generate cash in the second half of the year. Boeing’s aircraft production has increased, and its airplane deliveries just hit the highest level in 18 months. It’s a shift for Boeing,…
Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing…
Palantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable…
Microsoft has laid off over 15,000 people so far in 2025. The stress of the belt-tightening has gotten to…
Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the…
UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices. It comes after…
Uber announced a new feature Wednesday that pairs women drivers and riders, in its latest move to address safety…
Corporations are continuing to spend on business travel, but are being strategic about how they allocate those dollars amid…
WASHINGTON — Bleach maker Clorox said Tuesday that it has sued information technology provider Cognizant over a devastating 2023…
