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Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

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Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024. M. Scott Brauer...
Tech

Apple shares slide as analysts highlight sluggish iPhone 16 demand

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An attendee holds two iPhone 16s as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, on Sept....
Bussiness

It’s a big week for central banks around the world, with a slew of rate moves on the table

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Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves' William McChesney Martin Building in...
Bussiness

Boeing warns strike will ‘jeopardize’ recovery, hurt aircraft production

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Union members hold picket signs during a news conference following a vote count on the union contract at the IAM District 751 Main Union...
Bussiness

Boeing workers overwhelmingly reject contract, prepare to strike

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More than 30,000 Boeing workers were set to strike Friday, halting production of most of the company's aircraft after staff overwhelmingly rejected a new...
Bussiness

Treasury yields fall after weak jobs report

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Treasury yields fell Friday after August's nonfarm payrolls report showed an easing labor market, fueling concerns of an economic slowdown.The yield on the 10-year...
Bussiness

OPEC+ members delay plans to hike production by two months after oil price slump

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A general view of signage at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) on Feb. 29, 2024 in Vienna, Austria.Thomas...
Bussiness

U.S. crude oil near $69 per barrel as OPEC+ delays production boost

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U.S. crude oil pulled back slightly Thursday to close near $69 per barrel, as OPEC+ delays plans to boost production after futures sold off...
Bussiness

Nvidia $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

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People walk past the logo of Samsung Electronics in Seoul on July 7, 2022. South Korea's Samsung Electronics Co Ltd turned in its best...
Bussiness

Rolls-Royce shares rebound 4.6% after engine issue grounds Cathay Pacific flights

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A Cathay Pacific Airbus A350 aircraft at Kingsford Smith Airport on August 18, 2021 in Sydney, Australia. Cathay Pacific Airways Ltd., is the flag...
Bussiness

Nvidia shares fall despite earnings beating estimates

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A binary code is displayed on a laptop screen in the background, while the Nvidia logo is showcased on a phone on April 28,...
Bussiness

These Asian firms in Buffett’s Berkshire Hathaway portfolio have surged, with one soaring 30%

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Warren Buffett, Berkshire Hathaway CEO and chairman.Cnbc | Nbcuniversal | Getty ImagesThe five trading firms in Warren Buffett-backed Berkshire Hathaway's portfolio — Itochu Corp,...
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