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Boeing 737 deliveries rebound in August to 48, from 29 in July

Deliveries at the world’s biggest planemaker have been delayed as unfinished aircraft pile up at its Renton, Washington plant as a result of production bottlenecks at its suppliers. Boeing’s 737 and Airbus’ (AIR.PA) A320 family of single-aisle aircraft are the cash cows of the two companies, the world’s largest aircraft manufacturers. While monthly delivery figures can fluctuate, the numbers give a snapshot of how far behind Boeing is delivering planes against its production of 52 narrowbodies per month. …read more […]

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Boeing 737 deliveries rebound in August to 48, from 29 in July

Deliveries at the world’s biggest planemaker have been delayed as unfinished aircraft pile up at its Renton, Washington plant as a result of production bottlenecks at its suppliers. Boeing’s 737 and Airbus’ (AIR.PA) A320 family of single-aisle aircraft are the cash cows of the two companies, the world’s largest aircraft manufacturers. While monthly delivery figures can fluctuate, the numbers give a snapshot of how far behind Boeing is delivering planes against its production of 52 narrowbodies per month. …read more […]

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Goldman banker had raised ethics concerns: NYT

James Katzman, who led the bank’s West Coast mergers-and-acquisitions practice, had used the whistle-blower hotline in 2014 to report on the investment bank trying to hire a customer’s child and colleagues’ repeated attempts to obtain and then share confidential client information, the paper reported https://nyti.ms/2CJ9wEq. The investigation was taken up by the bank’s general counsel and Katzman was urged to move past his complaints by several senior investment banking executives, the newspaper reported, citing several people familiar with the interactions. Katzman refused and left Goldman in 2015. …read more […]

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Musk says Tesla to drop some color options for cars to simplify production

Tesla currently offers seven colors for its vehicles that include top variant Model S, mid level Model X and its most affordable sedan Model 3. The company is trying to iron out production bumps after struggling to produce Model 3 sedans and failing to meet several production deadlines. “Moving 2 of 7 Tesla colors off menu on Wednesday to simplify manufacturing. …read more […]

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UBS analysed 450 million words to find the companies most worried about Trump's trade war

UBS analysed hundreds of thousands of earnings calls to understand which companies are most impacted by US President Donald Trump’s trade war. UBS found that words like trade, tariffs, and trade war have been used more often in the last year than at any other point since 2010. The automotive sector has discussed the trade war most frequently and has seen the biggest impact in terms of share price drops. …read more […]

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Boeing ups forecast Chinese new plane purchases over 20 years by 6.2 percent

Chinese airlines will buy 7,690 new planes worth $1.2 trillion (921.3 billion pounds) over the next two decades to keep pace with booming consumer and business demand for air travel, Boeing Co (BA.N) said on Tuesday, raising a previous forecast. “The growth in China can be attributed to the country’s growing middle class, which has more than tripled in the last 10 years and is expected to double again in the next 10,” said Randy Tinseth, Boeing Commercial Airplanes’ vice president of marketing, in a statement. Boeing and its European rival Airbus (AIR.PA) have been jostling to increase …read more […]

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Apple may finally release a new 'low price' laptop — and it likely won't have its controversial touchscreen keyboard (AAPL)

Apple has a new lower cost laptop in the works that will have a fingerprint sensor but not the company’s widely panned touch-sensitive Touch Bar, according to a new research note from a widely respected and usually reliable financial analyst. The new model would seem to fill a longstanding demand by Apple fans for a relatively inexpensive Mac laptop, but one that comes without the Touch Bar. …read more […]

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Nike’s Controversial Kaepernick Ad Wins Kanye West’s Approval

After a tense week, where Nike lost $4.2 billion from its market capitalization after releasing a new ad campaign featuring the controversial football quarterback-turned-activist Colin Kaepernick, the company’s share price has mostly recovered. Adidas giving me a voice and Nike giving Colin voice on a big business level makes the world a more advanced place. “I stand for giving everyone a voice,” he tweeted after market close today, referencing his own collaboration with Nike rival Adidas, which he designs top-of-the-line, limited-run Yeezy sneakers for. …read more […]