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Boeing to slash 10% of workforce, laying off 17,000 employees

Boeing announced Friday that it plans to lay off around 17,000 employees, or about 10% of its workforce as it faces a dismal third-quarter earnings report and ongoing damage from striking workers. New Boeing CEO Kelly Ortberg shared the news in a letter with employees Friday afternoon after the company shared its preliminary third-quarter financials, revealing it lost nearly $10…

Brooke Seipel Brooke Seipel

Does a Stock’s Price Influence Its Risk Profile?

As a stock’s nominal share price falls, what happens to its risk profile? The answer to this question has important implications for managing investor expectations and reducing portfolio turnover. Afterall, investors often deviate from their chosen long-term strategies due to emotional reactions to unanticipated market movements. These market-timing actions present their own form of risk, adding to the existing risk of…

Derek Horstmeyer Derek Horstmeyer

NEW Lightning Lane Premier Pass Rumored!

Facebook Twitter Pinterest There’s a rumor circulating that a new Lightning Lane line-skipping service is coming to Walt Disney World and/or Disneyland. Yes, another one. This post shares details of the app appearance, along with our extensive commentary about possibilities for what the next paid FastPass could offer, and why we think Disney’s twist on Express Pass is the most likely…

Tom Bricker Tom Bricker
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Europe must ‘own’ security for itself, U.S. defence head tells NATO – National

U.S. Defense Secretary Pete Hegseth told NATO on Wednesday that while the…

Sean Previl Sean Previl

Luigi Mangione Faces Potential Torturous Fate As Pam Bondi Seeks Death Penalty

Luigi Mangione Blow By Blow For Potential Lethal Injection ... As Feds…

TMZ Staff TMZ Staff

Intel still dreams of modular PCs — it brought a tablet laptop gaming handheld to CES

At CES 2025, Intel let journalists into its private “Innovation Showcase,” where…

Sean Hollister Sean Hollister

Nobel winner Geoffrey Hinton sounds alarm on AI

Geoffrey Hinton is a walking paradox—an archetype of a certain kind of…

Paolo Confino Paolo Confino

LeBron James’ wife Savannah founded Let It Break for women

Good morning! There’s an early voting gender gap, Female Founders Fund returned…

Emma Hinchliffe Emma Hinchliffe

President Biden Forced to Stay Up Late to Deliver Farewell Speech

Play video content The working title of President Joe Biden's farewell speech…

TMZ Staff TMZ Staff

The rich are posting their art for cash loans

(Bloomberg) — A wealthy client at Bank of America Corp. put up…

Katherine Doherty Katherine Doherty
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