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Another Boeing whistleblower has come forward with shocking allegations that he saw 'substandard manufacturing' and holes being drilled incorrectly on 787 planes
Business Insider· 2024-06-27 07:10
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAnother Boeing whistleblower has come forward, saying that he witnessed 787 Dreamliner planes being built i ...
General Mills will push out 'cheesier' mac and cheese and 'fudgier' brownies to win back shoppers
Business Insider· 2024-06-27 06:08
General Mills will boost product flavors to attract price-conscious customers amid inflation.The company said it expects little sales growth in the next year.General Mills' shares were down 4.6% at closing on Wednesday after it reported earnings. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking ...
Amazon is trying to defend its kingdom against cheap Chinese rivals, and it thinks it has a plan
Business Insider· 2024-06-27 03:49
Core Insights - Amazon is launching a new discount section on its website to compete with Chinese rivals Temu and Shein, which are attracting customers with ultra-low prices [2][4] - The new marketplace will allow Amazon to ship unbranded items directly from China to the US, with delivery expected within nine to eleven days [3][4] - This strategy is part of Amazon's ongoing efforts to provide more selection, lower prices, and greater convenience to its customers [4] Company Strategy - Amazon's new discount section is seen as a direct response to the competitive pricing strategies of Temu and Shein [4] - The company has a history of using competitive pricing as a key strategy, having launched its private-label business, AmazonBasics, in 2009 [5] - Amazon's CFO noted that consumers are becoming more prudent with their spending, leading to increased demand for lower-priced products [5] Market Position - Amazon's market capitalization surpassed $2 trillion for the first time, positioning it alongside other major tech companies like Microsoft and Apple [6]
It looks like Nvidia failed to soothe skittish investors
Business Insider· 2024-06-26 19:55
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNvidia briefly dethroned Microsoft to become the world's most valuable company just last week when it hit a ...
Elon Musk is beefing with Boeing again, calling out its CEO and saying he should be able to 'design aircraft, not spreadsheets'
Business Insider· 2024-06-26 10:38
Elon Musk is firing shots at Boeing, accusing the company of losing touch with its engineering roots.The aviation giant has had a bad few months, and is facing questions over its safety standards.Musk's SpaceX is competing with Boeing to transport astronauts to the International Space Station. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you' ...
Boeing isn't bringing any of its signature jets to the year's biggest air show for the first time in over a decade
Business Insider· 2024-06-26 10:10
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBoeing isn't bringing any of its commercial jets to this year's Farnborough Airshow, the company confirmed ...
Apple wants you to know it still doesn't like Meta
Business Insider· 2024-06-25 18:03
Did Apple and Meta discuss an AI deal? Or is there no AI deal happening between Apple and Meta?Yes! Probably. Maybe.You can get at the real answer by parsing two contradictory reports from The Wall Street Journal and Bloomberg. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you acce ...
Tesla still has one massive leg up on every automaker
Business Insider· 2024-06-25 16:38
Tesla is building EVs for cheaper than anyone else.Lower input costs allow Tesla to set prices lower in a price-sensitive EV market.Still, Tesla's price-slashing method has started to show cracks. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Service and Pr ...
Investors are desperate to know if the $3 trillion Nvidia bubble is about to pop
Business Insider· 2024-06-25 14:16
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen Cisco became the world's most valuable company in March 2000, celebrations were short-lived.The dot-co ...
Airbus may have benefited from Boeing's struggles, but it isn't smooth sailing for the rival aviation giant
Business Insider· 2024-06-25 10:47
Airbus stock fell 11% after cutting 2023 delivery targets due to supply chain issues.It spells problems for airlines as Boeing has also reduced production.Airbus' A320neo family outsells the 737 Max but further plans for growth may have been too ambitious. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By ...