A Boeing 777X flies over the Boeing Everett factory David Ryder | Reuters Due to the coronavirus epidemic, Boeing is predicting a years-long slowdown in travel demand, lowering expectations for demand for new commercial aircraft over the next decade. The manufacturer on Tuesday forecast that the world’s airlines will need …
Read More »Durable goods order August 2020
U.S. New orders for major capital goods created by the company increased more than expected in August and demand for the previous month was stronger than previous estimates, indicating that business spending on equipment continues to improve after a long-term decline. In a bullish report from the Commerce Department on …
Read More »10 stocks positioned for an ‘abrupt’ rebound when normality finally returns – none of them is tech
The shareholder retains the constant stream of restless headlines and somber metrics in a fierce connection with the economy that has been hotly debated on Wall Street. To read:Jim Cramer urges investors not to be fooled by new heights in the stock market And while it may seem rather toppy …
Read More »The Dow could further fall behind the other major stock benchmarks after Apple split its stock
Apple CEO Tim Cook arrives for Apple’s Morning Show’s world premiere at Lincoln Center- David Geffen Hall on October 28, 2019 in New York. Angela Weiss | AFP | Getty Images The Dow Jones industrial average has relied on its powerhouse Apple to shake off its coronavirus damage, but that …
Read More »Boeing scores first November 737 Max orders since November
A Boeing 737 MAX sits outside the hangar during a meditur tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mills | Reuters Boeing said on Wednesday that it had scored its first orders for its beleaguered 737 Max aircraft since November, and sold two …
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