UAW union endorses Biden over Trump in 2024 election
President Joe Biden celebrates with United Auto Workers President Shawn Fain after Fain and the UAW endorsed Biden for president at a Community Action Program legislative conference in Washington, Jan. 24, 2024. Leah Millis | Reuters The United Auto Workers union is endorsing President Joe Biden for reelection this year, UAW President Shawn Fain announced […]
United Airlines (UAL) Q4 2023 earnings
United Airlines planes, including a Boeing 737 MAX 9 model, are pictured at George Bush Intercontinental Airport in Houston, Texas, March 18, 2019. Loren Elliott | Reuters United Airlines on Monday forecast a first-quarter loss due to the Federal Aviation Administration’s grounding of Boeing 737 Max 9 planes this month after a part blew out […]
Boeing’s bond spreads reflect ongoing worries about 737 Max safety issues
Boeing’s stock was up Wednesday, but its bonds have not recovered from a wobble seen in early January after a panel tore off a 737 Max 9 jet flown by Alaska Airlines during a flight. AFP/Getty Images Boeing Co.’s shares moved higher Wednesday as its chief executive arrived in Washington, D.C., for meetings with U.S. […]
Tyson Foods drops CVS, picks Rightway pharmacy benefit manager
Tyson Foods Inc., sign at Tyson headquarters in Springdale, Ark. April L. Brown | AP Tyson Foods will become one of the first Fortune 100 companies to stop using the nation’s traditional large pharmacy benefits managers, as it looks to cut spending on high-cost drugs. After putting its benefits contract up for bid, Tyson […]
Netflix reported blowout earnings. Here’s why its stock got downgraded anyway.
Blowout earnings aren’t the obvious time for a downgrade. Yet Deutsche Bank analyst Bryan Kraft is feeling comfortable moving to the sidelines on shares of Netflix Inc. NFLX, +1.33%, which topped subscriber expectations by a wide margin late Tuesday. Read: Netflix stock jumps on huge spike in new subscribers, surge in ad sales “Netflix is […]
FAA chief vows ‘boots on ground’ to get quality control
Michael Whitaker, nominee to be the next administrator of the Federal Aviation Administration (FAA), testifies during a Senate Committee on Commerce, Science, and Transportation hearing on Capitol Hill October 4, 2023 in Washington, DC. The FAA has been without a Senate-confirmed administrator for 18 months. (Photo by Drew Angerer/Getty Images) Drew Angerer | Getty Images […]
Something incredible happened in the NBA: Neither Woj nor Shams broke a story. And then it was wrong.
Any NBA fan knows, when it comes to major news, it comes from two sources: Adrian Wojnarowski of ESPN, or his one-time disciple, Shams Charania of The Athletic. Woj or Shams. Coke or Pepsi. Boeing or Airbus. Trades, player signings, coaching firings, league suspensions — when it comes to big news, it’s coming from one […]
Netflix is preparing investors and users for more price hikes in 2024
The Netflix logo displayed on a phone screen and its website on a laptop screen are seen in this photo taken in Krakow, Poland, June 8, 2023. Jakub Porzycki | Nurphoto | Getty Images Get ready to pay more money for Netflix. You had to read down to page six of Netflix’s shareholder letter to […]
Johnson & Johnson to settle talc baby powder probe
In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California. Justin Sullivan | Getty Images Johnson & Johnson has reached a tentative settlement to resolve an investigation by more than 40 states into claims the company misled patients about the safety of its […]
I asked my father to quitclaim his home so I can refinance. Is that wise?
I am a 56-year-old man living in my family home with my father, 93, who has Type 2 diabetes and a pacemaker and is legally blind. My mom passed away five years ago. He is in good health otherwise, and well taken care of. Because of his blindness, he needs round-the-clock care. My girlfriend of […]
