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Market updates
Boeing sees significant improvement in 737 MAX factory after safety crisis
July 21, 2024 11:55 PM AEST| By EODHDLONDON (Reuters) - Boeing has seen significant improvement in production in its 737 MAX factory, the company's commercial airplanes president, Stephanie Pope, told media on Sunday as part of a panel i...
Chips and Taiwan Are a New Cloud for Tech Earnings
July 21, 2024 11:30 PM AEST| By EODHDSecurity for Taiwan is vital to the chip industry—and to all the tech companies that use those chips Continue reading
Raise a Glass to a Champagne-Colored Porsche That Took Decades to Restore
July 21, 2024 10:00 PM AEST| By EODHDAbout two weeks ago, my son, Bill, and I got in my Porsche 356 and cranked it up. My brother was there at the same time, and he was racing a Porsche around 1962 and 1963. In the late 1980s, I was work...
Luxury Brands Need to Win Back Middle-Class Shoppers
July 21, 2024 07:30 PM AEST| By EODHDThe luxury industry has been so eager to woo ultrawealthy shoppers that it forgot who really pays the bills. Continue reading
Wizz Air’s UK boss hopes to undercut Gulf carriers on Middle East flights
July 21, 2024 06:47 PM AEST| By EODHDFlight prices between the UK and the Middle East could be slashed to a quarter of current levels once Wizz Air receives new aircraft, the airline has claimed. Marion Geoffroy, UK managing director of...
20% of parents ‘think social media is better at teaching children about money’
July 21, 2024 09:01 AM AEST| By EODHDOne in five (20%) parents believe social media might be better suited to teach their children about money than they are, a survey has found, despite the potential risks of scams and fake profiles. Aro...
US FAA probes latest Southwest Airlines flight that posed safety issues
July 21, 2024 05:12 AM AEST| By EODHDBy David Shepardson (Reuters) - The Federal Aviation Administration (FAA) said Saturday it is investigating a Southwest Airlines flight after it flew at a very low altitude over Tampa Bay, Florida, th...
Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage
July 21, 2024 02:21 AM AEST| By EODHD(Reuters) - A global tech outage that was related to a software update by cybersecurity firm CrowdStrike affected nearly 8.5 million Microsoft devices, Microsoft said in a blog post on Saturday. "We c...
CrowdStrike Outage Cripples Flights, Banks, and Markets. Here’s the Latest.
July 21, 2024 01:58 AM AEST| By EODHDAn update from cybersecurity company CrowdStrike appears to have crippled Microsoft’s PC operating systems. Continue reading
Oil-Field Service Companies Ask: Where Did All the Wildcatters Go?
July 20, 2024 09:00 PM AEST| By EODHDHalliburton on Friday said its rig count in the region declined 12% in the second quarter compared with a year earlier and that its revenue in the region fell 8%, the fourth consecutive quarter of dec...
Tech outage latest | Airlines rush to get back on track after global tech disruption
July 20, 2024 08:56 PM AEST| By EODHDTransport providers, businesses and governments on Saturday are rushing to get all their systems back online after long disruptions following a widespread technology outage. The biggest continuing eff...
Nippon Steel hires Mike Pompeo to advise on US Steel deal, Kyodo reports
July 20, 2024 04:48 PM AEST| By EODHDTOKYO (Reuters) - Nippon Steel Corp. has hired former U.S. Secretary of State Mike Pompeo as an adviser on its efforts to acquire US Steel, Kyodo news agency reported on Saturday. "We look forward to...
Exclusive-US-Japan Patriot missile production plan hits Boeing component roadblock
July 20, 2024 12:00 PM AEST| By EODHDBy Nobuhiro Kubo and Tim Kelly TOKYO (Reuters) - A U.S. plan to use Japanese factories to boost production of Patriot air defence missiles - used by Ukraine to defend against Russian attacks - is bein...
Boeing projects 3% hike in global airplane deliveries over next 20 years
July 20, 2024 09:03 AM AEST| By EODHDBy David Shepardson (Reuters) - U.S. planemaker Boeing raised its industry-wide annual 20-year forecast for new jetliner deliveries by 3% to 43,975, propelled by the strength of passenger demand, risi...
Hyundai’s new Singapore plant makes its cars on the third floor—the same storey as its Michelin chef-run Korean restaurant
July 20, 2024 07:00 AM AEST| By EODHDGetting to Hyundai’s seven-storey facility in Singapore's Jurong industrial district can take up to an hour and a half, a long time in a dense city. But a customer that makes the drive will be greeted...
Musk Says Outage Seized Up Auto Supply Chain
July 20, 2024 06:33 AM AEST| By EODHDElon Musk said Friday the global tech outage had given the automotive supply chain a "seizure,” disrupting operations for parts makers and logistics partners using CrowdStrike software. The Tesla chie...
Oil Rig Count Slips by 1 This Week, Baker Hughes Says
July 20, 2024 05:52 AM AEST| By EODHDOil Rig Count Slips by 1 This Week, Baker Hughes Says
Sector Update: Energy Stocks Decline Late Friday Afternoon
July 20, 2024 05:44 AM AEST| By EODHDSector Update: Energy Stocks Decline Late Friday Afternoon
Homebuilder DR Horton Stock Sees RS Rating Rise To 89
July 20, 2024 04:34 AM AEST| By EODHDDR Horton shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 89. Continue reading
Update: Market Chatter: Unilever Starts Sale Talks for $19.4 Billion Ice Cream Business
July 20, 2024 04:24 AM AEST| By EODHDUpdate: Market Chatter: Unilever Starts Sale Talks for $19.4 Billion Ice Cream Business
AI on the Rise: A Look at Top AI Companies and Their Stocks