By David Shepardson and Allison Lampert (Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses. Reuters had reported last week that Spirit and Boeing were close…
By Tatiana Bautzer NEW YORK (Reuters) – President-elect Donald Trump’s return to the White House could usher in a wave of bank mergers and acquisitions as the administration appoints regulators who are more open to approving larger deals, financial executives and analysts said on Tuesday. The banking industry is expected to win big if Republican…
SEATTLE (Reuters) – Boeing said on Tuesday it delivered 14 commercial jets in October, less than half of the 34 jets it handed over to customers during the same month in 2023, after a weeks-long strike halted most of its aircraft production. The U.S. planemaker is requiring all of its West Coast factory workers to…
(Reuters) – Alphabet’s Waymo said on Tuesday its autonomous ride-hailing service, Waymo One, is now available to everyone in Los Angeles, a sign of rapid growth and adoption of the technology. Waymo had closed a $5.6 billion funding round last month, as automakers and technology companies are betting big on the driverless technology to foster…
