Leidos Picks New CEO; Roger Krone To Retire As Chairman & CEO By May 2023
Leidos Holdings Inc (NYSE:LDOS) has appointed Thomas Bell as Chief Executive Officer, expected to be effective May 3, 2023. Bell,…
Investor Optimism Declines Following Inflation Report
The CNN Money Fear and Greed index showed some decline in the overall sentiment among US investors.
US stocks dropped sharply on Friday, recording their worst week of the year, after core personal consumption expenditures price index, the Fed’s preferred inflation gauge, increased 4.7% in January compared to the previous year, above economist estimates of 4.3%.
S&P 500 Logs Weekly Loss As Investors Digest Latest Inflation Data
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower in a volatile four-day week as the latest batch of inflation data rattled Wall Street.
Boeing Analysts Recommend Caution Following Latest 787 Production Problems
Boeing Co (NYSE: BA) shares dropped 4.8% on Friday after the company announced it had once again run into production problems with its 787 Dreamliner.
American Airlines Names Ex-Boeing Finance Chief As Chairman
American Airlines Group Inc (NASDAQ:AAL) has named Greg Smith as independent chairman of the company’s board of directors, effective April 30,…
Biden Tells India’s PM Modi That Boeing-Air India Deal To Create 1M Jobs In US
President Joe Biden, in a call with India’s Prime Minister Narendra Modi, hailed Air India’s deal to purchase…
Air India Selects GE Aerospace To Power Record Aircraft Order; The Deal Was Signed In Coordination With The Airline’s Firm Order For 20 Boeing 787 And 10 Boeing 777x Aircraft; No Financial Terms Disclosed
Deal includes firm order for 40 GEnx engines, 20 GE9X engines, plus services
Largest LEAP* engine order ever with more than 800 LEAP engines chosen for entire firm order of 400 Airbus and Boeing single-aisle