Boeing shares fell by more 4% after the news broke, shaving 107 points off the Dow Jones Industrial Average.
Boeing shares fell by more 4% after the news broke, shaving 107 points off the Dow Jones Industrial Average.
Check out the companies making headlines in midday trading.
Disinflating food prices are putting pressure on Walmart’s profit margins. Even though the retail giant continues to lead the grocery space, competitors are closing in.
Millennials aren’t counting on Social Security for much help in retirement.
Qantas will test how pilots and passengers withstand a 20-hour nonstop from New York to Sydney, monitoring brain activity and melatonin levels during the flight.
Of Walmart’s 1.4 million U.S. workers, fewer than 25,000 are in high school. So the company is rolling out the red carpet by offering free SAT and ACT prep and subsidizing a large chunk of their tuition.
Authentic Brands, the licensing company that owns brands like Aeropostale and Juicy Couture, has put in a $271 million bid with B. Riley Financial to buy Barneys out of bankruptcy.
Coca-Cola CEO James Quincey said that if U.K. lawmakers passes a Brexit deal, consumer sentiment will improve.
Johnson & Johnson said it would recall a single lot of its baby powder in the United States after the Food and Drug Administration found trace amounts of asbestos.
“The financial consequences have been and may continue to be fairly dramatic,” NBA Commissioner Adam Silver said of the league’s spat with China.
