PerkinElmer, Boeing, Global Payments, Bumble and more

Displays outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, US, February 11, 2021. Mike Segar | Reuters Check out the companies making headlines in midday trading Monday. Boeing — Shares of the … Read more

For the Boeing Starliner and Goodyear Tesla tire, 3-D printing is reality

A picture shows a non-pneumatic tire (NPT), an airless tires, during the presentation of the NPT tire of Goodyear in Colmar-Berg, Luxembourg, on May 17, 2022, where the tire manufacturer has a new plant where it is experimenting with 3-D printing. Francois Walschaerts | Afp | Getty Images Additive manufacturing is on the cusp of … Read more

FAA clears Boeing to resume delivery of 787 Dreamliners

Boeing has cleared a key hurdle with federal regulators and could soon resume deliveries of its large 787 airliner, which has been plagued by a series of production issues since late 2020, a person familiar with the matter said Saturday. The Federal Aviation Administration notified Boeing on Friday that it would approve the company’s process … Read more

China’s manufacturing PMI in July as Covid flares up

An employee operates a spinning machine at a textile factory on May 26, 2022 in China. China’s factory activity contracted unexpectedly in July as fresh virus flare-ups and a darkening global outlook weighed on demand. Zhu Haipeng | Visual China Group | Getty Images China’s factory activity contracted unexpectedly in July after bouncing back from … Read more

Boeing (BA) 2Q 2022 earnings fall short of estimates

An aerial view of Boeing 777X and Boeing 737 MAX 10 airplanes parked at King County International Airport-Boeing Field, in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing on Wednesday stuck by its forecast to return to free cash flow this year as it prepares to resume deliveries of its 787 Dreamliner planes … Read more

Stock futures tick up ahead of key Fed decision

Stock futures ticked up in overnight trading as traders await the Federal Reserve’s latest interest rate decision, scheduled to be announced Wednesday afternoon. Futures on the Dow Jones Industrial Average rose by 66 points, or 0.21%. S&P 500 futures gained 0.55% and Nasdaq 100 futures increased 1.06%. Shares of Enphase Energy gained about 6% after … Read more

Fed’s actions could lead to market rally

CNBC’s Jim Cramer on Monday told investors that the Federal Reserve’s actions this week could lead to a bull market. “If [Fed Chair] Jerome Powell says, ‘we’re getting a 75 basis point rate hike and then we’ll see what happens’ … then you might get a rip-snorting rally,” the “Mad Money” host said. “On the … Read more

Markets face what could be the most important week of summer with the Fed, earnings and economic data

Traders work on the floor of the New York Stock Exchange (NYSE) on June 10, 2022 in New York City. Spencer Platt | Getty Images There’s a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve’s mid-week meeting. The two largest US companies … Read more

Airlines criticized for betting on alternative fuels

One of the ways that the sector is seeking to replace conventional fossil jet fuel is by exploring the use of sustainable aviation fuels, or SAF. Justin Tallis | Afp | Getty Images FARNBOROUGH, England – Airline executives at Britain’s Farnborough International Airshow are betting on the use of so-called sustainable aviation fuels to reduce … Read more

American Airlines (AAL) 2Q 22 earnings

American Airlines Boing 777-300 wide-body aircraft as seen on final approach for landing at London Heathrow International airport in England, UK. Nicolas Economou | NurPhoto | Getty Images American Airlines on Thursday reported it swung to a profit in the last quarter and said it expects to be in the black in the third quarter, … Read more