• BA
• SPR

Spirit Aero reviews furlough contingency plans amid Boeing strike

Spirit AeroSystems is contemplating furloughs amid a Boeing workers' strike affecting production and supply chains, though no final decision has been made yet.

• BA
• GD
• LMT
• RTX

US Senator Warren probes defense groups' opposition to 'right to repair'

Senator Elizabeth Warren challenges defense industry opposition to a 'right to repair' bill, highlighting delays and costs affecting military readiness due to limited access to parts and tools.

• BA

US core capital goods orders rise in August

U.S. capital goods orders unexpectedly increased in August, despite weakening business investment momentum and higher borrowing costs, with concerns over Boeing's aircraft orders amid safety issues.

• BA

US core capital goods orders rise in August

U.S. capital goods orders unexpectedly rose in August but show signs of losing momentum; the Fed recently cut interest rates, affecting business investment dynamics.

• BA

Low weekly US jobless claims, robust corporate profits highlight economy's resilience

Unemployment claims in the U.S. dropped to a four-month low, reflecting a healthy labor market amid strong corporate profit growth, complicating potential Federal Reserve rate cuts.

• BA

Low weekly US jobless claims, robust corporate profits highlight economy's resilience

U.S. unemployment claims hit a four-month low, with strong corporate profits supporting a resilient economy, complicating future Federal Reserve interest rate cuts.

• ALK
• BA
• DAL
• LUV
• UAL

Southwest's turnaround strategy lifts shares, activist investor Elliott shrugs

Southwest Airlines announced new initiatives to boost profits, including partnerships and a share buyback. However, activist investor Elliott Management remains skeptical, demanding leadership changes.

• BA

Boeing, striking union to resume contract talks on Friday

Boeing and its union will discuss a contract to end a strike affecting production, seeking to resolve disputes over pay raises and pension restoration after a decade of stagnant wages.

• BA

Spirit to begin furloughs in 3 weeks if strike at Boeing continues, FT reports

Spirit Aerosystems plans to start furloughs in three weeks due to an ongoing strike at Boeing, its largest customer, as reported by the Financial Times.

• AMGN
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U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.70%