Boeing, strike, stock, cash | Fox Business
Third Bridge's head of global analysts, Peter McNally, talks to “The Big Money Show” about how the Boeing factory worker strike is affecting business. Aircraft maker Boeing is dealing with ongoing strikes and a growing threat to profits, sending its shares lower on Monday. In a letter to employees, Chief Financial Officer Blaine West outlined […]
Boeing imposes hiring freeze after strike spurs drastic measures to save cash
Boeing Co. said it was freezing hiring for the next few weeks and considering layoffs to control costs after a strike by more than 30,000 workers who assemble planes at West Coast factories entered a fourth day on Monday. “We know these actions will create uncertainty and concern,” Boeing Chief Financial Officer Brian West said […]
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Rays’ Edwin Uceta, Kevin Cash Both Land Suspensions For Sparking Up Near Brawl Against Phillies
Major League Baseball has punished them! Announced on Wednesday Major League Baseball Tampa Bay Rays relief pitcher Edwin Uceta He was suspended three games and fined an undisclosed amount for intentionally throwing a pitch at the Philadelphia Phillies' right fielder. Nick Castellanos. The incident occurred in the bottom of the eighth inning of the Phillies' […]
McDonald’s rolls out self-serve cash kiosks that could make cashiers obsolete
McDonald's is introducing new digital kiosks that can accept cash and give change, a move that could pave the way for the fast-food giant to do away with human cashiers. The world's largest burger chain installed self-ordering screens in most of its locations in 2020 that accepted credit card payments, but those kiosks still required […]
Blue City Reportedly Giving Migrants $4,000 Cash Payments, Gift Cards To Move Out Of Shelters
New York City is providing allowances and gift cards to help migrants get permanent housing and move out of city-run shelters, Fox News Digital reported Saturday. The New York City Department of Homeless Services (DHS) has provided 150 families with $4,000 each for housing costs, as well as gift cards of up to $1,000 for […]
2024 Cash Dash: Harris nearly triples Trump’s fundraising last month
Vice President Kamala Harris raised a staggering $361 million in August, her campaign announced Friday morning, touting it as “the largest fundraising effort of the 2024 election cycle.” The Democratic presidential candidate's fundraising total, Donald Trump's campaign announced on Wednesday, is nearly triple the $130 million the former president raised last month. Harris has enjoyed […]
Viral TikTok trend promising ‘free cash’ from ATM ‘glitch’ is actually just check fraud, Chase bank says
A viral TikTok video led people to believe a Chase Bank “glitch” was allowing them to get free money, but the bank claims it's just a check scam. A TikTok video showed people celebrating after apparently receiving a large amount of free cash from Chase Bank. “The people who were doing this knew they had […]
Citadel’s Ken Griffin attacks SEC cash grab for surveillance
Hedge fund mogul Ken Griffin is reportedly leading a campaign to block U.S. regulators' efforts to force traders to fund a new market-surveillance system. Griffin's Citadel Securities wants to block new rules that would require investors to put money aside for a so-called integrated audit trail system that has already cost an estimated $1 billion. […]
Cash in money market accounts at record level as rate cuts loom
KB Advisory Group founder Christine Benz breaks down the disconnect between Main Street and Wall Street on “Making Money.” The amount of cash held by investors Money Market Accounts It hit a record high in August, even as looming interest rate cuts reduce returns. Money market account assets hit $6.24 trillion this month, according to […]