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Boeing shares tumble after warning it will burn through cash in 2024

Boeing will burn rather than generate cash in 2024 and second-quarter deliveries will not increase, its chief financial officer said Thursday, as the company faces a full-blown crisis that is squeezing production of its best-selling planes. Chief Financial Officer Brian West said at Wolf Research’s Global Transportation and Industry Conference that Boeing now expects free […]

‘Gold Bar’ Sen. Bob Menendez sitting on $3.5 million campaign cash

Embattled Sen. Bob Menendez remains flush with campaign cash, even as he has burned through about $2 million while fighting charges in court and considering a possible unopposed reelection to the Senate. Menendez’s (D-N.J.) campaign organization raised about $19,632 between the beginning of April and May 15 and had $3.57 million in cash on hand […]

More Than $600K in Cash, Gold Bars Found at Sen. Menendez’s Home

The home of a New Jersey Democrat accused of accepting bribes and using his power as an elected official to benefit the Egyptian government was raided and more than $600,000 in cash and gold was recovered. It was discovered that there were bars in storage. Sen. Bob Menendez (D-N.J.) and his wife Nadine Menendez used […]

2024 showdown: Trump tops Biden in April campaign cash dash

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Hunter Biden now claims he didn’t introduce dad to Burisma exec despite admitting they dined together — as ‘sugar brother’ runs out of cash

WASHINGTON — Indicted eldest son Hunter Biden accused a Ukrainian gas company executive who paid Hunter a $1 million salary even though then-Vice President Joe Biden testified before Congress that he dined with him. In a new interview, he suggested that he did not introduce his father. With the same Burisma Holdings executives. ‘Sugar Brother’ […]

Democrats Kill Effort To Make It Harder For China-Linked Companies To Reap Taxpayer Cash

Michigan Democrats shot down an effort to significantly expand the vetting process for China-tied companies seeking to cash in on state incentives earlier in May. Republican lawmakers in both chambers of the state’s legislature pushed budget amendments that would have prohibited the use of state funds to subsidize corporations originating from adversarial countries like China, […]

Congressman Indicted For Bribery Spent Roughly Half Of Campaign Cash On Legal Fees

A lawmaker indicted in a bribery scheme involving the Azerbaijani government spent more than half of his campaign funds this term on legal services, records show. Democratic Texas Congressman Henry Cuellar Spent More than $750,000 was paid to various law firms during the 2024 election period, accounting for about half of the $1.6 million, as […]

UMass Dartmouth grads surprised with $1,000 in cash each from commencement speaker

Commencement speakers at the University of Massachusetts Dartmouth gave graduates words of encouragement for their futures and awarded them $1,000 in cash for their graduation funds. “Every graduate who passes the stage will receive a $500 envelope to keep as a gift,” Robert Hale Jr., billionaire and CEO of Quincy-based Granite Telecommunications, said Thursday. ”, […]