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Oct 14 2024BUSINESS

Crypto Boom and Big Moves: What's Happening in Stocks Today?

Waking up to a bullish crypto market, stocks linked to digital currencies took off. Bitcoin hit a high of over $64,000, sparking a rise in companies like MicroStrategy and Mara Holdings, with each jumping over 5%. Coinbase wasn't left behind, climbing over 3%. Meanwhile, Flutter Entertainment, the p

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Oct 14 2024BUSINESS

Boeing Workers' Strike: A Month In, What's the Plan?

It's been over a month since Boeing's machinists started their strike, rejecting a contract offer from the company. The ongoing standoff is causing Boeing's new CEO, Kelly Ortberg, some serious headaches. The union and Boeing are still at odds, with negotiations falling apart and production coming t

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Oct 13 2024BUSINESS

Boeing's Big Job Cut: Who's to Blame?

Boeing made a big move recently, letting go of around 10% of its workers. That's about 17,000 people finding themselves without a job. The company pointed the finger at its machinists, who are currently on strike. CEO Kelly Ortberg explained in a memo that these cuts are necessary to keep the compan

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Oct 13 2024BUSINESS

Boeing's Big Shift: Layoffs After Lavish Spending

Boeing, the world-famous plane manufacturer, has hit a rough patch. The company's new CEO, Kelly Ortberg, has announced that about 10% of the workforce will be laid off in the coming months. This news has sparked conversations about the company's past spending habits. Between 2010 and 2019, Boeing s

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Oct 12 2024BUSINESS

Boeing Plans to Shed Jobs to Stay Afloat

Boeing's CEO, Kelly Ortberg, recently announced that the company will be reducing its workforce by about 10% in the coming months. This decision comes as the aircraft manufacturer faces significant challenges, including financial losses exceeding $33 billion over the past five years and a series of

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Oct 12 2024BUSINESS

Boeing's Job Cuts and 777X Delay: A Close Look

Boeing, a major airplane manufacturer, is planning to cut around 17,000 jobs. That's about 10% of their workforce. It's a tough move, but the company is facing big losses. One of the reasons is a strike by their largest union. Thousands of workers walked off the job, which halted production of some

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Oct 09 2024POLITICS

Gas Stations Run Dry: Florida Braces for Hurricane Milton

Imagine running out of gas while trying to escape a hurricane. That's the scary reality for many Floridians as Hurricane Milton, a Category 4 storm, heads their way. Over 1,600 gas stations in the state have run out of fuel due to panic buying. People are topping off their tanks, which actually make

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Sep 30 2024TECHNOLOGY

SpaceX to the Rescue

SpaceX's Crew Dragon capsule made its way to the International Space Station (ISS) on Sunday, bringing with it two brave astronauts, Nick Hague and Aleksandr Gorbunov. Their mission was to rescue two stranded astronauts, Butch Wilmore and Suni Williams, who had been stuck at the ISS for months. The

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Sep 29 2024TECHNOLOGY

SpaceX to the Rescue: A New Era of Space Exploration

For weeks, two astronauts have been stuck in orbit, waiting for a chance to return to Earth. NASA and Boeing's Starliner spacecraft had a rough start, experiencing helium leaks and malfunctioning thrusters. But now, SpaceX is stepping in to help bring them home. The rescue mission took off from Cape

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Sep 23 2024BUSINESS

Boeing Shifts Gears: A New Leader for Troubled Defense Unit

Boeing's defense and space business has been facing a series of setbacks and financial woes, prompting the company to replace its head, Theodore "Ted" Colbert III. Colbert, who spent 15 years at Boeing, had been leading the division since 2019. His temporary replacement is Steve Parker, the chief op

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