Russian plot to assassinate the CEO of Ryan Metal. The Russian government planned to assassinate you. >> It's about one year ago.>> Armen Papagar, the CEO of German defense company Ryan Matal, has been enthusiastically arming Ukraine. It's brought his company unprecedented riches, but it's also put a target on his back. In 2024, US intelligence agencies warned their German counterparts that Russia was actively plotting to assassinate him.The company has emerged as a central player in Europe's push to arm Uk ...

A VC firm targeting defense tech and industrial production is raising money from a cadre of alumni from companies like Palantir and SpaceX https://t.co/npphUuqFfR ...

Boeing Defense Workers Begin Striking For First Time Since 1996 After Rejecting Contract Offer https://t.co/jZJtFVu2Lj https://t.co/jZJtFVu2Lj ...

A German defense company is making a fortune arming Ukraine, turning the Rheinmetall CEO into a Russian target https://t.co/Yo0I8cQEvr ...

Let's turn to Boeing. Continued labor issues for that company and Phil Bose's got the latest for us. Phil, David, there is a strike right now of Boeing workers down in the St.Louis area. That part of the company builds defense projects. Specifically, they work on the F-16, F-18, some munition systems as well.About 3,200 workers who are represented by the International Association of Machinist went on strike at midnight. They have rejected a 20% raise, including a $5,000 signing bonus. And as I mentioned, th ...

In this issue of Forbes Daily:- Trump’s tariffs on nearly all key U.S. trading partners will go into effect Thursday- Workers at Boeing’s St. Louis defense factories went on strike- How small business can survive Google’s AI OverviewRead more: https://t.co/nZNANKFtwS ...

Boeing leaders face another picket line after machinists in its St. Louis-area defense business rejected their latest contract offer https://t.co/Fow6kICgQC ...

Boeing Defense Workers Begin Striking For First Time Since 1996 After Rejecting Contract Offer https://t.co/E7cfLKsdHH https://t.co/E7cfLKsdHH ...

More than 3000 Boeing defense workers have gone on strike for the first time since 1996 after rejecting a 20% pay rise. Want to bring in Bloomberg's Danny Lee, who's been covering the story for us. Danny, walk us through the implications for Boeing when it comes to the strike.Yeah. Pretty good morning. So we are just this strike is now a little under 4 hours and affecting defense machinists, union defense machinists in Saint Louis, Missouri.And it's the first time, as you said, they've gone on strike since ...

Economic Overview - The U.S. economy added only 73,000 jobs in July, significantly below the expected 104,000, with downward revisions in May and June erasing a total of 258,000 jobs, marking the largest two-month revision since May 2020 [1] - The unemployment rate increased to 4.2%, aligning with forecasts but remaining near historic lows [1][2] Market Reactions - Wall Street analysts are reassessing their economic forecasts due to the disappointing July jobs report, indicating a potential loss of strength in the labor market [2] - Following the weak labor market data, market expectations for a Federal Reserve interest rate cut in September surged to 80%, up from 38% the previous day [3] Federal Reserve Insights - Leslie Falcone from UBS Global Wealth Management anticipates the Fed will begin cutting rates in September, with a total of about 100 basis points in consecutive cuts [4] - Fed officials had previously expressed concerns about labor market softness, which now appear to be validated [5] Trade Tensions - Recent escalations in trade tensions, including a surprise 39% tariff on Switzerland by President Trump, have added to investor uncertainty, catching markets off guard [6] Investment Strategies - In light of economic uncertainty, investors are advised to consider defensive exchange-traded funds (ETFs) that may provide stability [7] - Specific ETFs mentioned include: - Invesco QQQ Low Volatility ETF (QQLV), which tracks low volatility stocks within the Nasdaq-100 Index and charges 25 basis points in fees [8] - Cullen Enhanced Equity Income ETF (DIVP), focusing on large-cap, dividend-paying companies with a yield of 7.31% and charging 55 basis points in fees [9] - S&P 500 Dividend Aristocrats ETF (NOBL), targeting companies with a history of increasing dividends for at least 25 years, charging 35 basis points in fees [10] - First Trust Utilities AlphaDEX Fund (FXU), designed to identify stocks from the Russell 1000 Index that may generate positive alpha, charging 63 basis points in fees [11][12] - US Aerospace & Defense iShares ETF (ITA), measuring the performance of the aerospace and defense sector, charging 40 basis points in fees [13]