Boeing CEO Kelly Ortberg said Wednesday that he will work to protect the aerospace giant’s turnaround from the impact of the trade war between the U.S. and its trading partners, particularly China. Ahead of the company’s quarterly earnings announcement, Ortberg sent a letter to Boeing employees outlining the company’s progress on four areas of its
President Donald Trump, after days of trolling Federal Reserve Chairman Jerome Powell for missing the window to cut interest rates and signaling he may lose his job, clarified his plan for the head of the U.S. central bank on Tuesday. “I have no intention of firing him,” he told reporters at the White House. His
AT&T beat Wall Street estimates for wireless subscriber additions in the first quarter on Wednesday, driven by steady demand for its plans that bundled high-speed fiber services and 5G mobile offerings. The U.S. wireless carrier’s focus on bundling to fend off intense competition in a saturating market and aggressive trade-in offers helped it gain 324,000
Tesla shares popped 5% after CEO Elon Musk suggested that he will spend more time at the company and tariff optimism lifted broader investor sentiment. ​Read More
Less than a decade after cable giants like Comcast and Charter jumped into the mobile business, the segment has become a significant financial driver. ​Read More
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