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Facing back-to-back crises, Boeing posts a record loss

Facing back-to-back crises, Boeing posts a record loss

Boeing closed the books on its worst year ever, posting record losses and plunging sales on the backs of combined crises: the Covid-19 pandemic and the problems getting the 737 Max back in the air. The company’s loss from operations climbed to $12.8 billion, up from nearly $2 billion a year ago, which was Boeing’s…MORE

Tech earnings could supercharge a greedy stock market

Tech earnings could supercharge a greedy stock market

Earnings from some of the biggest US technology companies could push the market to new highs as talk of a stock bubble continues to ripple through Wall Street. What’s happening: Investors who think soaring valuations are grounded in reality point to future profits from the likes of Apple and Facebook, which report results from last…MORE

NASA astronauts Victor Glover, Mike Hopkins conduct spacewalk Wednesday

NASA astronauts Victor Glover, Mike Hopkins conduct spacewalk Wednesday

Astronauts Mike Hopkins and Victor Glover Jr. are conducting a spacewalk Wednesday to upgrade and maintain the International Space Station. It is the first spacewalk experience for Glover, who is a few months into his first spaceflight on the station. This is the third spacewalk for Hopkins, who previously completed two spacewalks during his first…MORE

No, Joe Biden still isn’t banning fracking

No, Joe Biden still isn’t banning fracking

President Joe Biden is cracking down on the oil-and-gas industry, but he is not taking the extreme steps the Trump campaign claimed he would last fall. Last week, the Biden administration imposed a 60-day suspension of new oil and gas leasing and drilling permits on federal lands unless the Interior Department’s leaders approved them. Biden…MORE

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