Tag Archives: Boeing

Your Daily Dose of Financial News

BY: Michael D. Reif | March 14, 2019

With new data pointing to similarities between the Lion Air and Ethiopian Air Boeing 737 Max 8 crashes, the White House has decided to override the FAA and ground all models of the plane in the US – NYTimes and WSJ and Bloomberg and MarketWatch Federal prosecutors are reportedly conducting multiple probes into “data deals … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | March 13, 2019

Concessions wrenched from EU leaders aside, PM May and her latest Brexit plan again fell apart in Parliament, with lawmakers voting it down 391-242. The defeat raises the ongoing specter of a no-deal departure from the Union and a possible delay in that action, and it threatens her role as Tory leader, too – NYTimes … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | March 11, 2019

After the tragic crash of Ethiopian Airlines Flight 302 this weekend, Ethiopia, Indonesia, and China have moved to ground all flights on Boeing’s new 737 Max 8 planes until further notice. The Max 8 was also involved in a deadly Lion Air crash in Indonesia just 5 months ago that has many in the industry … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 14, 2019

More than 800,000 government employees missed their first paycheck last Friday because of the continuing government shutdown. But the pain extends well beyond those workers and has put loads of government contractors in a world of hurt that doesn’t come with back pay – NYTimes [and WSJ and MarketWatch] California utility giant PG&E, still reeling … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | November 13, 2018

We seem to be in whipsaw territory, as a tech selloff on Monday spread into a “broad retreat” that led to the Dow tumbling 600 points – WSJ and Bloomberg and MarketWatch GE also took it on the nose, with new CEO Larry Culp’s rare CNBC interview apparently only further shaking confidence in the company’s … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 30, 2018

Coffee pod powerhouse Keurig Green Mountain is expanding its empire (and that of its parent JAB Holding Company) with the announcement of a $18.7 billion deal for the Dr Pepper Snapple Group. If approved by shareholders and regulators, the new company would be known as Keurig Dr Pepper – NYTimes and WSJ and Bloomberg and … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | August 11, 2017

Uber investor Benchmark (a Silicon Valley VC fund) is looking to recover for the lost-investment costs associated with the rocky 2017 at the ride-hailing company, and it has former CEO Travis Kalanick in its crosshairs. Yesterday, Benchmark filed suit against Kalanick alleging fraud and breach of contract and fiduciary duty—all part of an effort to … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 26, 2017

Dow20k is real.  Soooooo . . . .  What next? – NYTimes and Bloomberg The recent US rejection of the TPP will have wide-reaching effects in Asia. Among them is the strong likelihood of 80s-style trade warring between Japan and the US – NYTimes Boeing’s much-anticipated (and delayed) Dreamliner is finally turning a profit, and … Continue reading