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☆ Festival crowd boos at video of conference speakers gushing about how great AI is
▼ + stars: | 2024-03-14 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +4 min

Video emerged on social media of the audience loudly booing a conference sizzle reel that featured several industry leaders speaking positively about AI. The sizzle reel played before several film premieres at the festival, including "The Fall Guy" and "Immaculate," Variety reported. In a statement to BI, Carter said her SXSW panel on the future of AI was "a standout event." AdvertisementThe other panelists shown in the sizzle reel did not return requests for comment before publication. The growing impact of AI is a concern felt across the film industry.

Persons: —, Guy, Peter Deng, OpenAI, Sandy Carter, didn't, 46OXfiIk0r — Marcelo, Rony Abovitz, Magic, Abovitz, OpenAI's Peter Deng, Carter, Variety, Ashley Landis, Sora, Tyler Perry, Armour Organizations: Service, SXSW, Business, Sun Locations: South, Southwest

☆ Watching soldiers 'at all times,' the drone threat shows just how 'scary' future wars may be, says a US Army officer training troops to defeat them
▼ + stars: | 2024-03-14 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

It's a developing problem that underscores how "scary" future wars may be, a US Army officer said. Business Insider recently traveled to Fort Sill, where American troops are learning how to defeat this threat. A small drone drops explosives on soldiers below or slams into an armored vehicle and blows up. "You have to assume you're being watched at all times," Lt. Col. Moseph Sauda, a US Army officer training American service members to defeat enemy drone systems, told Business Insider in an interview. AdvertisementA Ukrainian soldier directs a drone during attacks on Russian military positions near Bakhmut on June 28, 2023.

Persons: —, Moseph, Sauda, Ercin, Wojciech Grzedzinski, that's, Adam Schultz, Schultz, Jake Epstein Organizations: US Army, Business, Service, Aircraft System, University, Anadolu Agency, Getty, Ukraine, Kyiv, Mechanized Brigade, Army, BI, Ukraine's 60th Mechanized Brigade, Smart, Wisconsin National Guardsmen, Wisconsin National, Pentagon Locations: Fort Sill, Ukraine, Oklahoma, Bakhmut, State, Moscow, Ukrainian, Donetsk Oblast, Russia, Wisconsin

☆ Gunmen who kidnapped 287 school children in Nigeria say they will kill them all if $622,000 ransom not paid
▼ + stars: | 2024-03-13 | by ( Nimi Princewill | ) edition.cnn.com time to read: +2 min

Abuja, Nigeria CNN —Gunmen who kidnapped at least 287 school children in Nigeria last Thursday have demanded a ransom of 1 billion naira ($621,848) and threatened to kill all of the students if their demands are not met, a member of the local community told CNN on Wednesday. About 100 of them are from the primary school and the rest from the secondary school. In 2021, at least 140 students were kidnapped by armed men from a private secondary school. The incident came just months after around 20 students from a private university in Chikun’s Kasarami village were abducted by gunmen. Five of those students were killed after a ransom deadline was not met, family members told CNN at the time.

Persons: Nigeria CNN — Gunmen, “, ”, Aminu Jibril, Jibril, Mansur Hassan, Uba Sani, ” Sani Organizations: Nigeria CNN —, CNN, Secondary School Locations: Abuja, Nigeria, Kuriga, Kaduna, Kaduna’s Chikun, Chikun’s Kasarami

☆ CNBC Daily Open: Sticky inflation muddies water for Fed
▼ + stars: | 2024-03-13 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nearly half of the world's total dividend growth came from the banking sector, which delivered record payouts as rising borrowing costs lifted lenders' margins, the report found. Boeing crisis hurt airlinesCEOs from several airlines say Boeing's delivery delays have forced the carriers to change their growth plans. Citadel on rate cutsInflation headwinds remain and the Fed shouldn't cut rates too quickly, says Citadel founder and CEO Ken Griffin.

Persons: Dow, Janus Henderson, Ken Griffin Organizations: CNBC, Nasdaq, Boeing, Alaska Airlines Max, Southwest Airlines, Alaska Airlines, United, Citadel Locations: British

☆ SXSW weighs in after Texas governor tells artists pulling out of the music festival because of the US Army 'don't come back'
▼ + stars: | 2024-03-13 | by ( Ella Sherman | ) www.businessinsider.com time to read: +4 min

South by Southwest acknowledged artists who boycotted the festival due to US Army sponsorship. Despite the controversy, SXSW is maintaining its military sponsorship. Greg Abbott on Tuesday, after he demanded artists who pulled out of the festival due to US Army involvement not visit or return to Texas. The Army is hosting a range of panels at the festival from "Transforming for the Future: Innovation, Tech, and the Army" to "Unleash Your Beast: Army Functional Fitness." Mong Tong at the SXSW Music Opening Party Music Festival Showcase as part of SXSW 2024 Conference and Festivals held at the Palm Door on Sixth on March 12, 2024 in Austin, Texas.

Persons: Greg Abbott's, —, Greg Abbott, Governor Abbott, Abbott, Mong Tong, Diego Donamaria, Rachel Chinouriri, Chinouriri, Eliza McLamb, Ellen Lovett Organizations: US Army, Gov, SXSW, Service, Southwest, Army, Israel, U.S, Collins Aerospace, BAE Systems, RTX Corporation, Raytheon, Texas Tribune, Innovation, Tech, Getty, Star Locations: Southwest, Texas, Austin, Antonio, Austin , Texas

☆ 'We all need Boeing to be better': Airline bosses are getting annoyed that Boeing's problems are derailing their plans
▼ + stars: | 2024-03-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Boeing's 737 Max 10 and Max 7 jets are yet to be certified by regulators. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The 737 Max 10 and Max 7, the longest and shortest version of Boeing's narrowbody jet, are yet to be certified by regulators. The airline's chief financial officer, Mike Leskinen, said last month United is "deeply disappointed" in Boeing due to the delays. Last month, Southwest announced it will suspend all new pilot hiring after March 31 due to the production delays, Simple Flying reported.

Persons: Max, —, Scott Kirby, he'd, Mike Leskinen, Leskinen, Ed Bastian, Bob Jordan, Max — Organizations: United Airlines, Boeing, Service, Alaska Airlines, Bloomberg, Airbus, Reuters, United, JPMorgan, Delta, Southwest, Federal Aviation Administration

☆ Airline tickets could get more expensive amid the Boeing 737 Max fallout
▼ + stars: | 2024-03-13 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Executives from several US carriers have expressed doubt about the Boeing 737 Max delivery schedule. Southwest expects 42% fewer jets this year, while United told Boeing to stop making the Max 10. AdvertisementCustomers may soon feel the impact of the Boeing 737 Max blowout as airlines face uncertainty about their future fleets. The airline also said it doesn't expect to receive any of the yet-to-be-certified Max 7s this year and removed them from its 2024 plan. Airlines may look to Airbus to grow their fleetsThe Airbus A320neo competes with the Boeing 737 Max.

Persons: —, Max, Scott Kirby, Ed Bastian, Bastian, Richard Aboulafia, Michael O'Leary, Henry Harteveldt, Harteveldt, Kirby Organizations: Boeing, Max, Southwest, United, Service, Alaska Airlines, Delta Air Lines, Southwest Airlines, United Airlines, Bloomberg, JPMorgan, Delta Air, Ryanair, Airbus —, Airbus, Frontier Airlines, Spirit Airlines, Reuters Locations: Alaska, Delta

On a positive note, Bank of America raised its price target on Nvidia to $1,100, implying gains of nearly 20%. Analyst Ruplu Bhattacharya upped his price target by $240 to $1,280, now implying upside of 10.1% from Tuesday's close. Analyst Sheila Kahyaoglu upgraded the airline stock to hold from underperform and raised her price target by $8 to $28. Still, her new price target implies shares will slid another 2.6% — even after Tuesday's big drop. Notably, he said Nvidia stock is at a lower forward price-to-earnings multiple today than when ChatGPT was launched.

Persons: Wells, BofA, Ruplu Bhattacharya, Bhattacharya, Alex Harring, Jefferies, Sheila Kahyaoglu, Tuesday's, Kahyaoglu, — Alex Harring, Vivek Arya, Arya, ChatGPT, Colin Langan, Langan, Fred Imbert Organizations: CNBC, Bank of America, Nvidia, Artificial Intelligence, Super Micro, Southwest, Jefferies, Boeing, of America, Tech Conference, EU, China Locations: Tuesday's, underperform, Woodstock, Wells

☆ CNBC Daily Open: Stubborn inflation is a problem for the Fed
▼ + stars: | 2024-03-13 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Despite high inflation, the BOJ hasn't really shifted from its ultra-loose monetary policy that has been in place in 2016. Rate cut pivot in 2024Central banks worldwide could make a rate cut pivot in 2024. Boeing crisis hurt airlinesCEOs from several airlines say Boeing's delivery delays have forced the carriers to change their growth plans.

Persons: Thomas Calomiris Organizations: Washington , DC, CNBC, Japan's Nikkei, Dow, Nasdaq, Bank of Japan, Economist Intelligence, Boeing, Alaska Airlines Max, Southwest Airlines, Alaska Airlines, United Locations: Washington ,, Asia, BOJ, Central, Beijing

☆ Ad insiders are buzzing about industry power broker Michael Kassan's messy split with UTA and what it means for the future of MediaLink
▼ + stars: | 2024-03-13 | by ( Lara O'Reilly | Lucia Moses | ) www.businessinsider.com time to read: +9 min

After falling out with Kassan, UTA may think twice about buying another agency. The media and ad industry will be watching to see what, if any, leadership changes UTA makes at MediaLink. The end of the ad industry schmoozefest? One industry veteran said they saw Kassan's exit as an opportunity to change how ad industry consultants operate and charge for services. At the center of the dispute between UTA and Kassan is the MediaLink founder's $950,000 annual expense account.

Persons: Michael Kassan, MediaLink, Kassan, Jeremy Zimmer, Kassan wasn't, Vianney Tisseau, headhunting, Jon Miller, Sanford Michelman, Michelman, Robinson, Ethan Miller, Julian Jacobs, David Anderson, WME, Kassan's, Wenda Harris Millard, wasn't, what's, There's, Lou Paskalis, Marc Sternberg's, Lady Gaga, Elton John, Mariah Carey, Tom Brady, Rob Norman, WPP's Organizations: UTA, Cannes Lions, Consumer, Business, Los Angeles Superior Court, Los, Judicial, Mediation Services, Variety Cannes Lions Studio, Integrated Media, Getty, Talent, Accenture, General Motors, Netflix, JUV Consulting, Madison, Endeavor, Writers Guild of America, Zimmer, Western Initiative Media Worldwide, Interpublic Group, Bank of America, AJL, Marc Sternberg's Brand, Kassan, Southwest, NFL Locations: MediaLink, Cannes, France, Madison, Droga5, Hollywood, Kassan, California, South, Austin

☆ US troops are shooting at balloons to figure out how to beat one of the Ukraine war's most 'dangerous' and unpredictable weapons
▼ + stars: | 2024-03-13 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

Small drones have emerged as a serious problem on the modern battlefield, especially in Ukraine. Jake Epstein/Business InsiderThe Smart Shooter system is the kinetic follow to the electronic warfare component. In other words, the Smart Shooter is a much-needed asset that even a great marksman would likely find helpful. The Drone Buster and Smart Shooter don't necessarily need to be used together, but they work best if they are, Cameron said. The drones were unarmed, but they were meant to replicate a terrifying aspect of the evolving drone threat.

Persons: —, Jake Epstein, Moseph Sauda, Sauda, Jacob Cameron, Smart, Cameron Organizations: Service, National Guardsmen, Aircraft System, University, US Army, Wisconsin National Guardsmen, Islamic, Business, Smart, Wisconsin National Guardsman, Wisconsin National, The Guardsmen, Guardsmen Locations: Ukraine, Fort Sill, Oklahoma, Islamic State, Wisconsin

☆ Here are Wednesday's biggest analyst calls: Nvidia, Tesla, Super Micro, Coinbase, Apple, Microsoft, Rivian & more
▼ + stars: | 2024-03-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

"We are initiating coverage of Legend Biotech (LEGN) with an Outperform rating and a price target of $86." Bank of America reiterates Super Micro as buy Bank of America raised its price target on Super Micro to $1,280 per share from $1,040. The firm has an outperform rating on shares of Boeing. We Initiate with a Buy rating and $15 PT." "We initiate coverage of IMVT with a Buy rating and 12-month price target of $50 (60% upside potential)."

Persons: Raymond James, it's, Wells, Tesla, Davidson, Goldman Sachs, Goldman, Baird, Bernstein, TXRH, EBITDA, Jefferies, underperform Jefferies, Baird downgrades Fiserv, Stephanie Ferris, Charles Drucker, helms, Cooper, William Blair, BTIG, Bitdeer, JMP, Morgan Stanley, Idacorp, Rivian Organizations: Biotech, Legend Biotech, Citi, Constellation Brands Citi, Constellation, Watch, Nielsen, DA, " Bank of America, Bank of America, Nvidia, GPU Tech Conference, TAM, Royal Caribbean, Boeing, Apple, Moelis, Company, RBC, Pointe, GM, Microsoft, ROIC, Jefferies, FIS, JPMorgan, Cooper Companies, Bitdeer Technologies, Technology, ICE, of America, Argus Locations: Nice, Texas, Cleveland, Southwest, Kansas, Missouri

☆ SXSW artists and speakers pull out of festival in protest of military and defense industry sponsorships
▼ + stars: | 2024-03-13 | by ( Elizabeth Wolfe | Amanda Jackson | ) edition.cnn.com time to read: +4 min

The boycotting artists as of Tuesday were mainly small bands and indie performers, and have largely announced their decisions on social media. I refuse to be complicit in this and withdraw my art and labor in protest,” Williams said in an Instagram post. “The defense industry has historically been a proving ground for many of the systems we rely on today. The Army’s sponsorship is part of our commitment to bring forward ideas that shape our world,” the string of SXSW posts reads. The festival continues to “support human rights for all,” SXSW’s posts read.

Persons: Ella Williams, ”, ’, ” Williams, Yaya Bey, Mei Semones, Greg Abbott, Don’t, don’t, ” Abbott, Selena Gomez, Meghan, Duchess of Sussex, Mark Cuban Organizations: CNN, Southwest, Hamas, US Army, Singer, . Texas Gov, U.S, SXSW, Austin for Palestine Coalition, United Musicians, Allied Workers Locations: Austin , Texas, Israel, Gaza, South, Austin, ., Texas

☆ Boeing failed to retain security camera footage showing work on Max jet door that blew out, NTSB says
▼ + stars: | 2024-03-13 | by ( Rob Wile | ) www.cnbc.com time to read: +3 min

Security camera footage showing work being done on a Boeing Max 9 door plug that later blew out mid-air has been overwritten, the head of the National Transportation Safety Board said. "Boeing has informed us that they are unable to find the records documenting this work." She continued: "A verbal request was made by our investigators for security camera footage to help obtain this information; however, they were informed the footage was overwritten. A Boeing spokesperson said the company, like many others, does not retain security footage for longer than 30 days. The Alaska Airlines plane in question was in the factory last year in September and delivered in October.

Persons: Jennifer Homendy, Homendy, Dave Calhoun, Calhoun, John Barnett, Max, Bob Jordan Organizations: Alaska Airlines Flight, Boeing, National Transportation Safety Board, Boeing Max, National Transportation Safety, Commerce, Science, Alaska Airlines, NBC News, Journal, U.S . Department of Justice, South, The New York Times, United Airlines, Southwest, JPMorgan, CNBC Locations: Alaska, Portland , Oregon, U.S, South Carolina, Barnett's

☆ Artists and Speakers Withdraw From SXSW Over U.S. Military’s Support of Israel
▼ + stars: | 2024-03-13 | by ( Emily Schmall | ) www.nytimes.com time to read: +1 min

Dozens of musicians and panelists have withdrawn from the South by Southwest Conference and Festivals in Austin, Texas, to protest sponsorship by the U.S. Army and defense companies as pressure grows against the U.S. military’s support of Israel’s war against Hamas in Gaza. More than 80 artists and panelists at SXSW had joined the boycott by Wednesday, according to one of the organizers, the Austin for Palestine Coalition. Ibrahim Batshon, a Palestinian American and the chief executive of BeatStars, a digital music-licensing platform and longtime sponsor of the music and technology festival, withdrew from SXSW after learning of the increased involvement this year of the U.S. Defense Department. The United States is the largest supplier of military equipment to Israel. Mr. Batshon, who is Palestinian American and is known as Abe, said that six of his family members were killed in a bombing in November while taking refuge at a church in Gaza City.

Persons: Ibrahim Batshon, Batshon, Abe Organizations: Southwest Conference, U.S . Army, U.S, SXSW, Wednesday, Austin for Palestine Coalition, U.S . Defense Department, Palestinian Locations: Austin , Texas, Gaza, Austin, Palestinian American, United States, Israel, Gaza City

☆ Biden administration announces focus on ‘flooding the zone’ with life-saving overdose reversal medicine
▼ + stars: | 2024-03-13 | by ( Jen Christensen | ) edition.cnn.com time to read: +5 min

CNN —The Biden administration launched an initiative Wednesday that it describes as a nationwide call to increase training on and access to life-saving opioid overdose reversal medications, dubbed the Challenge to Save Lives from Overdose. Naloxone, sometimes sold under the brand name Narcan, is a medication that can rapidly reverse the effects of an opioid overdose. Although the number of overdose deaths in the US has held steady recently, the nation has many more than other high-income countries, research shows. Almost half of adults in the US say they personally know at least one person who died from a drug overdose, according to a survey released this year. Drug overdose deaths reached a significant high in 2022 with more than 109,000, according to provisional data from the CDC, and fentanyl had been a significant factor contributing to the rise.

Persons: CNN —, Neera Tanden, Biden, Tanden, naloxone, ” Tanden, ” Ryan, Brian Murray, Dr, Sanjay Gupta Organizations: CNN, Biden, US Food and Drug Administration, White, “, Ryan Companies, American Library Association, Southwest Airlines, Los Angeles Unified School District, CNN Health, US Centers for Disease Control, CDC

☆ Boeing sales unfreeze but they’re still well below normal
▼ + stars: | 2024-03-12 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

But the company also had three canceled orders in January, giving it zero net orders for that month, the worst month for sales in years. Rebound from worst month since pandemicJanuary had been the worst month for sales for Boeing since airlines were struggling with massive losses during the pandemic. The last time Boeing had between one and three gross orders was in June, 2020, when it had only one jet order. The company sold 10 of the troubled 737 Max jets in February, all to unidentified customers. Southwest had planned to also take delivery of a total of 79 737 Max jets, but it no longer expects to get any of the 737 Max 7 jets it had hoped to get this year.

Persons: That’s, Max Organizations: New, New York CNN, Boeing, Alaska Airlines, Alaska Air, Southwest, Royal Brunei Airlines, United Airlines, Ryanair, Sun Express, –, China Southern, FAA, Max, Federal Aviation Administration Locations: New York, Alaska, Singapore, United, Southwest, Air India, flydubai, Korean, – Air China, China Southern, Xiamen, Shandong, Donghai, China

☆ Many of the world’s happiest countries are also the best for women, research shows—here’s why
▼ + stars: | 2024-03-12 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

The UN Sustainable Development Solutions Network, the organization behind the World Happiness Report, uses six factors to score countries' happiness: social support, income, health, freedom, generosity and absence of corruption. The WEF compares countries' gender gaps across four dimensions: economic opportunities; educational attainment; health and survival; and political empowerment. It's no coincidence that the world's happiest countries also champion gender equality socially and economically. How Nordic countries use social policies to promote gender equality and happinessIn its research, the WEF establishes a clear correlation between social policies, families' happiness and women's career advancement. The Nordic countries — Iceland, Sweden, Finland and Norway — have some of the most generous paid leave policies for parents in the world.

Persons: Alexa, Norway's, Linda Akeson McGurk, McGurk Organizations: UN Sustainable Development Solutions, Sweden, Organisation for Economic Co, Development Locations: American, Bergen, Norway, Iceland, Finland, Sweden, New Zealand, U.S, Swedish

☆ Airbus widens aircraft delivery lead over Boeing as Max crisis deepens
▼ + stars: | 2024-03-12 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing handed over 27 airplanes to its customers last month as it continues to struggle with quality-control problems and production delays that have frustrated the CEOs of some of its biggest airline customers. So far this year, Boeing has handed over 54 planes, while Airbus has widened its lead over its main rival, delivering 79 planes in the first two months of 2024. Delayed Boeing planes have been difficult for airline leaders. Southwest Airlines , which flies only Boeing 737s, on Tuesday said it would trim capacity plans this year because of fewer Boeing Max deliveries and that it will have to reevaluate its 2024 financial estimates. Last week American Airlines announced a 260-narrow-body-airplane order split between Boeing, Airbus and Embraer.

Persons: Boeing Max, Max jetliners Organizations: Boeing, Airbus, Southwest Airlines, United Airlines, American Airlines, Embraer

☆ Jim Cramer's take on Kohl’s, On Holding, Southwest Airlines, 3M and Paramount Global
▼ + stars: | 2024-03-12 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Kohl's : Shares fell about 2% after the department store chain delivered a fourth-quarter earnings beat, but same-store sales declined more than expected. However, "if you own it, keep it," Jim Cramer suggested, referring to Kohl's stock. On Holding : Shares plunged 14% after the buzzy Swiss shoemaker's quarterly earnings missed estimates alongside a slightly softer-than-expected outlook. Paramount Global : Private equity firm Apollo Global Management has reached out to Paramount Global about a possible takeover or asset purchase, Axios reported Tuesday, citing two sources familiar with the matter. "If you're playing this for upside, you've got to remember we do not believe in mergers if we think the fundamentals are not good, and the fundamentals are not good" at Paramount Global, Cramer said.

Persons: Jim Cramer's, Jim Cramer, Cramer, Tom Kingsbury's, Bill Brown, Mike Roman, Roman, Brown, Axios, you've Organizations: CNBC, Club, Burlington Stores, Swiss, Southwest Airlines, Boeing, L3Harris Technologies, 3M, Paramount Global, Private, Apollo Global Management, CBS

☆ Stocks making the biggest moves before the bell: Oracle, Kohl's, Coinbase, Southwest and more
▼ + stars: | 2024-03-12 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Oracle posted adjusted earnings per share of $1.41, topping the $1.38 consensus estimate of analysts polled by LSEG. Kohl's — Shares added 2.2% after the retailer reporting an earnings and revenue beat for the fourth quarter. Wells Fargo upgraded the stock to overweight, while raising its price target for shares to $16. Meanwhile, Oppenheimer upgraded its rating to outperform and upped its target price to $12 per share. TD Cowen also raised its price target to $1,560 while keeping its outperform rating, noting its quick increase to incremental bitcoin holdings.

Persons: Asana, Raymond James, Bitdeer, Wells Fargo, Oppenheimer, Canaccord, TD Cowen, —, Sarah Min, Lisa Kailai Han, Michelle Fox Organizations: Oracle, LSEG, Revenue, Southwest Airlines —, Southwest Airlines, Boeing, Technologies, Wall Street Locations: Southwest

☆ Three-Stock Lunch: Oracle, 3M & Southwest Airlines
▼ + stars: | 2024-03-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Oracle, 3M & Southwest AirlinesVictoria Greene, G Squared Wealth founding partner, joins 'Power Lunch' to discuss stock plays for three stocks, including Oracle, 3M and Southwest Airlines.

Persons: Southwest Airlines Victoria Greene Organizations: 3M, Southwest Airlines Victoria, Squared Wealth, Oracle, Southwest Airlines

☆ 'Feels like the enemy is within' Boeing airplanes, says pilot who flew for the Air Force during Operation Desert Storm
▼ + stars: | 2024-03-12 | by ( Taylor Craig | In | ) www.cnbc.com time to read: +1 min

Boeing 's recent troubles have put some pilots on high alert when they enter the cockpit. On Tuesday, Southwest and Alaska Air said their flying plans were at risk amid Boeing's ongoing quality-control concerns. "Every airline is basically fighting to ensure that their network plan is not undermined by this failure of Boeing," said Tajer, a Boeing 737 captain. Despite the time he spent flying Boeing 707s in Desert Storm for the U.S. Air Force, Tajer said he thinks about the dangers of flying more than he ever has before. "I was in the military and Boeing planes saved my tail many times in combat," Tajer said.

Persons: Dennis Tajer, CNBC's, Tajer Organizations: Boeing, Allied Pilots Association, American Airlines, LATAM Airlines, Alaska Air, U.S . Air Force Locations: Australia, New Zealand, Southwest, Desert Storm

☆ I went to SXSW and saw Netflix and Amazon competing with splashy sci-fi, while Paramount+ pitched its whole line-up
▼ + stars: | 2024-03-12 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +6 min

Netflix, Amazon, Paramount+, and Disney competed for attention with premieres and eye-catching installations. While there, I got to witness South by Southwest's opening weekend, which was dominated by the streaming heavyweights Netflix, Amazon, and Paramount+, with a cameo from Disney. Netflix held a premiere for "3 Body Problem," and Amazon built an interactive postapocalyptic world to promote "Fallout." AdvertisementNetflix's 3D projection for "3 Body Problem" stopped people in their tracks. Nathan McAloneLater, as the "3 Body Problem" premiere began, I heard "Game of Thrones" alum John Bradley (of Samwell Tarly fame) mutter an anxious "Oh God."

Persons: —, Max, Nathan McAlone Netflix, David Benioff, Weiss, Alexander Woo —, Doug Liman, Nathan McAlone, John Bradley, mutter, Bradley shouldn't, Palmer Haasch, Bradley, Blake Griffin, Nathan McAlone Amazon, Bass Reeves, Alex Garland's Organizations: Southwest, Netflix, Paramount, Disney, Service, HBO, Hollywood, Amazon, Paramount Theatre, Rotten, Mortal Media, Apple, Studios, Austin Convention Locations: Austin, Hollywood, United States

☆ TD Cowen's Helane Becker talks Boeing's mounting problems weighing on airline stocks
▼ + stars: | 2024-03-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTD Cowen's Helane Becker talks Boeing's mounting problems weighing on airline stocksHelane Becker, TD Cowen senior research analyst, joins 'Closing Bell Overtime' to talk how Boeing's mounting issues are weighing on the airline sector as stocks like Southwest are dragged to multi-year lows.

Persons: Helane Becker, TD Cowen

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