Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bigger than Wall Str...
Tag: Politics
Boeing lost billion dollars on Trump Air Force One plane deal
Boeing disclosed Wednesday that it has lost a whopping $1.1 billion in costs related to its deal with the Trump administration to modify two 747 jumbo jets to serve as Air Force One — and CEO Dave Cal...
Gibraltar unveils new cryptocurrency rules against market manipulation
The overseas British territory wants to become a global hub for crypto firms. Geography Photos | Universal Images Group | Getty Images Gibraltar has unveiled new regulations for the cryptocurrency ind...
Poland and Bulgaria say Russia suspending natgas supplies over rubles
Officials in Poland and Bulgaria say Russia is suspending their countries’ natural gas deliveries starting on Wednesday. The governments of the two European countries said Tuesday that Russian energy ...
Poland says Russia warned that natgas supply will stop on Wednesday
Russia will halt natural gas flows to Poland on Wednesday in an escalation in the standoff between Moscow and Europe over energy supplies and the war in Ukraine, according to news reports Tuesday. Rus...
FAA, airlines to meet on Florida flight disruptions as travel booms
Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United...
GOP Rep. Madison Cawthorn brought gun to North Carolina airport
Rep. Madison Cawthorn, R-N.C., is seen in the U.S. Capitol as House Minority Leader Kevin McCarthy, R-Calif., spoke at length on the House floor to delay the Build Back Better Act vote on Thursday, No...
Biden blocks sales of inefficient lightbulbs, reversing Trump policy
U.S. President Joe Biden delivers remarks about climate change and protecting national forests on Earth Day at Seward Park in Seattle, Washington, April 22, 2022. Jonathan Ernst | Reuters The Biden ad...
At least 58% of U.S. population has natural antibodies from previous Covid infection, CDC says
Blood drawn by a registered nurse for an antibody test for the coronavirus, June 16, 2020 in Washington, DC. Win McNamee | Getty Images Three out of every five people in the U.S. now have antibodies f...
U.S. universities reinstate mask mandates
Masked to protect against the coronavirus disease (COVID-19), senior Lauren Pyjar takes advantage of the warm sunshine to study outdoors at Georgetown University in Washington, March 9, 2021. Kevin La...
Wimbledon Ban On Russian And Belarusian Players Serves Points About Sports And Politics
The Order of Play board is pictured on the first day of the 2021 Wimbledon Championships at the The … [+] All England Tennis Club in Wimbledon, southwest London, on June 28, 2021. (Photo by Glyn...
Biden reverses Trump move to open up more oil drilling in Arctic
A polar bear sow and two cubs are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge. U.S. Fish and Wildlife Service | Reuters The Biden administration on Monda...
Judge orders Cushman & Wakefield to comply with Trump subpoenas
Anti-Trump demonstrators gather outside of the New York County Supreme Court in New York City, U.S., April 25, 2022. David Dee Delgado | Reuters A New York judge Monday ordered commercial real-estate...
Judge holds Donald Trump in contempt of court in New York attorney general prob
Former US President Donald Trump holds a rally sponsored by Save America with Ted Budd, Madison Cawthorn, Bo Hines, Dan Bishop, Mark Robinson and Greg Murphy in Selma, NC, on April 9, 2022. Peter Zay ...
The Fed’s Interest Rate Hikes Could Be Even Worse Than Feared
Text size Federal Reserve Chairman Jerome Powell. Tom Williams/Pool/Getty Images Don’t fight the Fed has long been a Wall Street motto. But the nation’s central bank thus far has been a reluctant figh...
Oil joins tumbling commodities as China COVID spread triggers fresh demand worries
Oil prices tumbled on Monday, amid fresh worries that spreading COVID cases and more lockdowns in China will hurt demand. That has added to concerns that Federal Reserve tightening could also weaken p...
‘The issues with the IRS are still present and very real’: Millions of Americans are racing to file their tax returns, and filing extensions
Tax Day came and went earlier this week, so if your upcoming weekend plans are just chilling after the last-minute tax time bustle, you might have company. April 18 marked the deadline in most states ...
CEO of Top Natural Gas Producer Sees ‘Tremendous’ Moment for U.S. Energy
On Thursday, U.S. climate envoy John Kerry put natural gas companies on the clock, telling them to clean up their acts in the next six to 10 years or be replaced. On Friday, the head of the largest ga...
Covid was the third leading cause of death in the U.S. last year
Covid-19 was the third leading cause of death in the U.S. last year, with only heart disease and cancer killing more people, according to data released Friday by the Centers for Disease Control and Pr...
Florida Gov. DeSantis signs bill revoking Disney’s special district status
View of the Walt Disney statue in front of Cinderella Castle inside the Magic Kingdom Park at Walt Disney World Resort in Lake Buena Vista, Florida. Getty Images Florida Gov. Ron DeSantis on Friday si...
Why yachts and assets of Russian billionaire oligarchs are targets of U.S.
From chasing down yachts to seizing Italian villas, the global effort to punish Russian oligarchs for their financial ties to Vladimir Putin’s invasion of Ukraine has been unprecedented. For its...
Predictions from Wall Street, Goldman Sachs, Citi, SocGen
As French voters head to the polls Sunday, Wall Street is forecasting market upset if far-right candidate Marine Le Pen proves victorious. Timothy A. Clary | Afp | Getty Images French voters head to t...
Sanctions could hurt Russia’s multibillion-dollar crypto industry
Illuminated mining rigs operate inside racks at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia. Bloomberg | Bloomberg | Getty Images Sanctions imposed on Russia over the country...
Florida set to dissolve Disney’s Reedy Creek special district
Cinderella Castle in Walt Disney World. Roberto Machado Noa | Lightrocket | Getty Images Florida Gov. Ron DeSantis has his guns pointed at Disney World. On Thursday, the Florida state legislature pass...
Biden announces massive new aid package for Ukraine
[The stream is slated to start at 9:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden will announce a new military aid package to Ukraine, which i...
CDC panel skeptical of fourth Covid shots for broader population, says U.S. needs clear vaccine strategy
Registered Nurse Orlyn Grace (R) administers a COVID-19 booster vaccination to Diane Cowdrey (L) at a COVID-19 vaccination clinic on April 06, 2022 in San Rafael, California. Justin Sullivan | Getty I...
Here’s how to craft student-loan forgiveness in a way that cuts out those who don’t need help
The Federal Reserve Bank of New York on Thursday released new analyses on student loans, with one blog post focused on who would benefit from various approaches to canceling such debt — as well as eac...