Market updates

Boeing’s ‘Best And Final’ Offer Might Not End the Strike
September 24, 2024 05:46 AM AEST| By EODHDBoeing is offering workers a 30% wage increase, along with sweetening some other benefits to end a machinist strike that entered its second week on Friday. Monday afternoon, Bloomberg reported that Bo...

Update: Boeing Offers 30% Wage Hike to Machinists, Up From 25%, in Bid to End Strike
September 24, 2024 05:34 AM AEST| By EODHDUpdate: Boeing Offers 30% Wage Hike to Machinists, Up From 25%, in Bid to End Strike

Boeing offers machinists a 30% raise to end their strike
September 24, 2024 05:23 AM AEST| By EODHDBoeing (BA) is sweetening the pot in an attempt to end a costly strike by its unionized machinists. The company announced Monday that it is revising its original offer — the 25% wage increase that mem...

Stellantis denies failing to honor commitments with UAW
September 24, 2024 05:09 AM AEST| By EODHD(Reuters) - Stellantis on Monday denied failing to honor its commitments with the United Auto Workers under an agreement reached in 2023, even as the union prepares for an unprecedented strike a year...

Restaurant Spending Improves in August But Value Remains in Focus, UBS Says
September 24, 2024 05:05 AM AEST| By EODHDRestaurant Spending Improves in August But Value Remains in Focus, UBS Says

Stellantis begins search for successor to CEO Carlos Tavares
September 24, 2024 05:02 AM AEST| By EODHD(Reuters) - Stellantis has initiated a search for a successor to CEO Carlos Tavares, Bloomberg News reported on Monday citing people familiar with the matter. Tavares has been under pressure to correc...

Microsoft Nuclear Deal Should Be ‘Fast-Tracked’: Pennsylvania Gov. Shapiro
September 24, 2024 05:00 AM AEST| By EODHDPennsylvania Gov. Josh Shapiro asked regulators to allow the Three Mile Island reactor to a line so Microsoft could start using its power by 2028. Continue reading View comments

Boeing makes a 'best and final offer' to striking union workers
September 24, 2024 04:36 AM AEST| By EODHDBoeing said Monday it made a “best and final offer” to striking union machinists that includes bigger raises and larger bonuses than a proposed contract that was overwhelmingly rejected. The company s...

Alaska Air changes cargo leaders in wake of Hawaiian merger
September 24, 2024 04:25 AM AEST| By EODHDAlaska Airlines operates five narrowbody freighters, including two Boeing 737-800s (pictured), that operate between Los Angeles, Seattle and Alaska. (Photo: Alaska Airlines) Alaska Airlines on Monday...

Tesla stock pops amid bullish sales forecast as robotaxi unveiling looms
September 24, 2024 04:12 AM AEST| By EODHDTesla (TSLA) stock is on the rise as investors await the company’s long-anticipated robotaxi debut and its third-quarter sales figures. Shares of the Elon Musk-helmed EV company jumped over 4% on Mond...

Boeing proposes 30% wage hike to striking workers, calls it its 'final' offer
September 24, 2024 04:08 AM AEST| By EODHD(Reuters) - Boeing said on Monday it has increased the general wage to 30% in an offer to the union representing its striking workers in the U.S. west coast. (Reporting by Utkarsh Shetti in Bengaluru;...

Sector Update: Financial Stocks Mixed Monday Afternoon
September 24, 2024 03:56 AM AEST| By EODHDSector Update: Financial Stocks Mixed Monday Afternoon
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LSE Chief Warns AIM's Future at Risk Without Business Relief
September 24, 2024 02:35 AM AEST| By Team Kalkine MediaThe future of the AIM market may face uncertainty if Business Relief (BR) is eliminated from shares listed on the junior market in the upcoming Budget, according to a warning from Julia Hoggett, the head of the London Stock Exchange Group PLC (LSE:LS...

Gold Hits Record High Amid Lingering US Economy Concerns
September 24, 2024 02:32 AM AEST| By Team Kalkine MediaThe price of gold reached another record high on Monday, driven by recent purchasing managers index (PMI) data that provided a boost to this safe-haven asset. By the afternoon, gold climbed to approximately US$2,634 per ounce, surpassing earlier reco...

Intuit's Investor Day Set to Focus on Long-term Targets, GenAI, Be a 'Positive Catalyst,' RBC Says
September 24, 2024 02:28 AM AEST| By EODHDIntuit's Investor Day Set to Focus on Long-term Targets, GenAI, Be a 'Positive Catalyst,' RBC Says

Lennar Looks to Improve Margins After Q4 Forecast Disappoints
September 24, 2024 02:24 AM AEST| By EODHDLennar Looks to Improve Margins After Q4 Forecast Disappoints

Toyota cheated on forklift engine emissions, lawsuit in US claims
September 24, 2024 01:50 AM AEST| By EODHDBy Jonathan Stempel (Reuters) - Toyota has been sued in a proposed U.S. class action accusing the Japanese automaker of emissions cheating in nine engines for its forklift trucks. A complaint was file...

Sam Altman and Apple’s legendary designer Jony Ive are collaborating on a secret AI project
September 24, 2024 01:32 AM AEST| By EODHDDesigner Jony Ive, who gave many of Apple’s most iconic products their distinct look, is working with OpenAI CEO Sam Altman to design and build an AI product. And the company’s funding raise could rea...

Shopify Merchant Adds Accelerating, Take Rates Likely Under Pressure, Oppenheimer Says
September 24, 2024 01:20 AM AEST| By EODHDShopify Merchant Adds Accelerating, Take Rates Likely Under Pressure, Oppenheimer Says

Update: Wedbush Cuts Biogen's Price Target to $205 From $210 Due to Lack of 'Clear-Cut Revenue Driver', Keeps Neutral Rating
September 24, 2024 01:13 AM AEST| By EODHDUpdate: Wedbush Cuts Biogen's Price Target to $205 From $210 Due to Lack of 'Clear-Cut Revenue Driver', Keeps Neutral Rating
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