Tag #Boeing

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Musk Aids Boeing in Overbudget, Delayed Air Force One Project

Elon Musk is assisting Boeing in resolving delays to the Air Force One renovation project, which is billions of dollars over budget and years behind schedule due to pandemic-related staffing shortages and supply chain problems, despite Boeing's efforts to resolve the issues.

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56% Bias Score

Industry, Innovation, and Infrastructure
cnn.com
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Musk Aids Boeing in Resolving Air Force One Delays

Elon Musk is assisting Boeing in resolving delays to the Air Force One renovation project, which is billions of dollars over budget and years behind schedule due to pandemic-related issues and supply chain problems.

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52% Bias Score

Decent Work and Economic Growth
zeit.de
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Boeing Reports \$11.8 Billion Loss in 2024

Boeing reported a \$11.8 billion loss in 2024 due to safety problems, labor strikes, and fixed-price defense contracts; revenue was \$66.5 billion, down 14%.

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36% Bias Score

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Boeing Posts $11.8 Billion Loss in 2024 Amidst Strikes and Production Issues

Boeing reported a $3.8 billion fourth-quarter loss and an $11.8 billion full-year loss in 2024 due to a machinists' strike, production issues with the 737 Max, and problems with government programs, resulting in lower deliveries and fewer orders compared to Airbus.

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48% Bias Score

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cnbc.com
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Boeing Posts Record $11.83 Billion Loss in 2024

Boeing reported a $11.83 billion annual loss in 2024, primarily due to a machinist strike, subsequent production delays, and various accounting charges; CEO Kelly Ortberg anticipates a turnaround with cash-flow positivity in the second half of 2025.

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44% Bias Score

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cnbc.com
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Record Market High Amidst Boeing Loss, Trump's Davos Remarks, and Soaring Store Closures

The S&P 500 hit a record high Thursday, but Boeing announced a $4 billion Q4 loss, Trump pressured the Federal Reserve at Davos, and US store closures are spiking, exceeding 2020 levels.

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24% Bias Score

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us.cnn.com
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Musk Aids Boeing in Overdue Air Force One Renovation

Elon Musk is assisting Boeing in resolving the considerable delays plaguing the renovation of two 747 jets into Air Force One planes, which are over budget by more than \$1 billion each and are not expected to be delivered until at least 2027 instead of the original 2022 deadline.

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44% Bias Score

Industry, Innovation, and Infrastructure
forbes.com
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Boeing Q4 Results: Missed Expectations, but Optimistic Outlook for 2025

Boeing's Q4 results missed expectations, reporting $15.2 billion in revenue and a $5.90 per-share loss, down 31% and 64% year-over-year, respectively, due to a production strike and FAA production cap; however, the company anticipates increased production in 2025.

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40% Bias Score

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lefigaro.fr
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Boeing Posts $11.82 Billion Net Loss in 2024 Amidst Production Issues

Boeing reported a $11.82 billion net loss for 2024, down from a $2.22 billion loss in 2023, due to production quality problems, a 50-day strike, and reduced aircraft deliveries (348 in 2024, the lowest since 2021).

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56% Bias Score

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theglobeandmail.com
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Boeing Reports Record $11.83 Billion Annual Loss

Boeing reported a $11.83 billion annual loss in 2024, its largest since 2020, due to production problems, a worker strike, and safety concerns, impacting its commercial and defense units, despite some positive developments such as a rise in premarket trading shares.

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56% Bias Score

Decent Work and Economic Growth
forbes.com
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Boeing Posts \$11.8 Billion Annual Loss, Worst Since 2019

Boeing announced a \$3.8 billion net loss in Q4 2024, bringing its total losses to \$11.8 billion for the year, making it the largest losing company in the S&P 500 since 2019, attributed to production issues and a recent strike.

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44% Bias Score

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cnbc.com
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Premarket Movers: Boeing, Novo Nordisk, Twilio Lead

Premarket trading saw significant stock movements: Boeing fell 1.3% due to disappointing Q4 results; Novo Nordisk jumped 14% following positive obesity drug trial data; Twilio rallied 18% on an optimistic future forecast; CSX dropped 3.5% on lower revenue; and Texas Instruments slumped 4% after a we...

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32% Bias Score

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