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☆ Kurdish militants claim responsibility for deadly attack on Turkish defense firm
▼ + stars: | 2024-10-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +3 min

A banned Kurdish militant group on Friday claimed responsibility for an attack on the headquarters of a key defense company in Ankara that killed at least five people. A man and a woman stormed TUSAS’ premises on the outskirts of Ankara, setting off explosives and opening fire. The assailants were also killed in a subsequent battle with security teams and more than 20 people were injured in the attack. Its defense systems have been credited as key to Turkey gaining an upper hand in its fight against Kurdish militants. Meanwhile, police in Istanbul detained at least 35 people suspected of links to the PKK, the state-run Anadolu Agency reported.

Persons: TUSAS, Turkey’s, Recep Tayyip Erdogan, Abdullah Ocalan Organizations: Kurdistan Workers ’ Party, People’s Defense, Kurdish, Workers ’ Party, Syrian Democratic Forces, Turkish, Anadolu Agency Locations: Ankara, Turkish, Turkey, Iraq, Syria, Istanbul, Kurdistan, Iraq’s Sinjar, Kurdish

☆ Secret Service acting director lays out changes after Trump assassination attempts
▼ + stars: | 2024-10-25 | by ( Whitney Wild | Holmes Lybrand | ) edition.cnn.com time to read: +6 min

CNN —Senior-level personnel changes at the US Secret Service as well as the creation of new divisions are underway as the agency works to resolve security breakdowns that preceded the two attempts on former President Donald Trump’s life this summer. Typically, incoming presidents choose their own Secret Service director, and it’s hard to know whether Vice President Kamala Harris or Trump would retain Rowe. “I’m trying to get programs more closely aligned with the mission, getting them out to the field so that they are directly supporting enforcement operations, major criminal investigations and, of course, protective operations,” Rowe told CNN. Radio calls from local police who saw the shooter on the roof shortly before he opened fire never made it to the Secret Service. CNN has previously reported on the strain inside the Secret Service as the agency dramatically ramps up protection during the final stretch of the campaign season.

Persons: CNN —, Donald Trump’s, Ron Rowe, Kamala Harris, Trump, Rowe, “, ” Rowe, “ I’m, ”, “ shortsighted Organizations: CNN, Service, The Aviation, Aerospace Division, Operational Communications, Integration Division, Radio, Secret Service, Wellness, Staffing, Department of Homeland Locations: Butler , Pennsylvania, Pennsylvania, ”, West Palm Beach , Florida

☆ Millions joined a livestream selling tickets to space on a Chinese rocket
▼ + stars: | 2024-10-25 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Two tickets for passage on what could be the first Chinese rocket ship to take tourists to space were sold Thursday, according to a livestream held by the company, as the country’s commercial space firms aim to join a small but expanding global space tourism industry. Some 3 million people tuned in to the broadcast on Chinese shopping platform Taobao, which was the first time a Chinese firm has put tickets for space tourism up for public sale. Deep Blue Aerospace CEO Huo Liang (center) sells two tickets for his company's 2027 spaceflight alongside two hosts during a livestream on commerce platform Taobao. Amazon founder Jeff Bezos’ Blue Origin completed its first commercial human space flight with four private citizens in 2021, while Virgin Galactic, the space tourism venture founded by British billionaire Richard Branson, began offering regular trips to the edge of space last year. Deep Blue Aerospace is not the only Chinese firm with a plan to send humans to space.

Persons: –, “, SpaceX’s, Huo Liang, Huo, ”, what’s, Jeff Bezos, Richard Branson, Taobao Organizations: Hong Kong CNN, Deep Blue Aerospace, Aerospace, ” Companies, Blue Aerospace, Virgin Galactic, Companies, Polaris, Space Locations: Hong Kong, China, United States, British, ”

☆ Startup CEO shares his plan for a radical 'blended wing' jet to rival Boeing and Airbus
▼ + stars: | 2024-10-25 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

A startup planemaker announced a 200-passenger "blended wing body" plane to rival Airbus and Boeing. AdvertisementAircraft manufacturer Natilus wants to build a new type of airliner to rival Airbus and Boeing as the industry demands more efficient planes. Natilus said its Horizon plane would be up to 50% more fuel efficient per passenger. Natilus joins a growing list of BWB plane developers. Airbus announced its BWB jetliner in 2020, while JetZero unveiled its "Pathfinder" widebody BWB design in April.

Persons: —, Natilus, Aleksey Matyushev, Matyushev, it's, Natilus Matyushev, JetZero Organizations: Airbus, Boeing, Service, Aircraft, Airlines, Max, SAF, Emirates Locations: California, Europe, Hawaii, Kona

☆ Ukraine needs F-16s now, but this rugged jet made for the Russia threat could be the better choice for its future fighter fleet
▼ + stars: | 2024-10-25 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +8 min

Ukraine needs its F-16s, but it should get Gripen jets to help fight Russia long-term, experts said. A Ukrainian Air Force F-16 fighter jet flies in an undisclosed location in Ukraine on August 4. A Ukrainian air force F-16 fighter jet flies in an undisclosed location in Ukraine on August 4. Three Swedish Saab JAS-39 Gripen fighter jets escort a B-52H Stratofortress in flight. AdvertisementUkrainian President Volodymyr Zelenskyi in front of the first F-16 fighter jets received by Ukraine.

Persons: —, Michael Bohnert, They're, Bohnert, Gordon, Skip, Davis, You'll, Swedish Saab JAS, Corban Lundborg, Mats Helgesson, Sukhois, Oleg V, AirTeamImages Gordon, they're, Saab JAS, PATRICK TRAGARDH, Lloyd Austin, Volodymyr Zelenskyi, Vitalii, Tim Robinson Organizations: Gripen, Service, RAND Corporation, Saab AB, Ukrainian Air Force, AP, US Army, Defense Investment Division, Russia, Royal United Services Institute, NATO, Swedish Saab, Tech, US Air Force, Sweden's Saab Gripen, Swedish Gripen, Saab, Getty, Defense, UK's Royal Aeronautical Society Locations: Ukraine, Russia, Swedish, Sweden, Europe, Germany, Ukrainian, Russia Sweden, AFP

☆ Elon Musk's secret talks with Putin ramped up during his Twitter takeover: WSJ report
▼ + stars: | 2024-10-25 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +7 min

watch nowTesla and SpaceX CEO Elon Musk has engaged in secret talks with Russian President Vladimir Putin since late 2022, according to reporting published Thursday by The Wall Street Journal. Currently, the SpaceX website says that a "service date is unknown at this time," for Starlink in Taiwan for general customers. Musk and representatives for X, SpaceX and Tesla did not immediately respond to requests for comment. The conversations between Musk and Putin, who once ran the KGB, reportedly occurred as Musk was in the midst of a leveraged buyout and takeover of Twitter. He continued to promote the idea, via X (formerly Twitter) that some Ukraine citizens would prefer to join Russia.

Persons: Elon Musk, Vladimir Putin, Putin, Musk, withold, Xi Jinping, Bill Nelson, Donald Trump's, Donald Trump, Anna Moneymaker, Mike Gallagher, StarShield, Tesla, NASA's, Joe Raedle, Ian Bremmer, Volodymyr Zelenskyy, Sen, Lindsay Graham, Garry Kasparov, Lisi Niesner, Yuri Milner, Dana Rohrabacher, Rohrabacher, Rohrabacher's Organizations: SpaceX, Wall Street, Republican, Pentagon, NASA, Department of Defense, CNBC, ., NBC, X, KGB, Twitter, Polaris, NASA's Kennedy Space Center, Eurasia Group, NATO, Kremlin, Eastern Economic, Reuters, SXSW, Roscosmos, Russian Space Locations: U.S, Russia, Ukraine, Taiwan, Beijing, Washington, Butler , Pennsylvania, China, Starlink, Cape Canaveral , Florida, Crimea, Ukrainian, Sevastopol, Vladivostok, Bakhmut, Donetsk region, Silicon, Russian, Orange County , California, Moscow

☆ Boeing machinists reject new labor contract, extending strike
▼ + stars: | 2024-10-24 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +3 min

Boeing machinists voted against a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than five-week strike that has halted most of the company’s aircraft production, which is centered in the Seattle area. The strike is costing the company about $1 billion a month, according to S&P Global Ratings. The International Association of Machinists and Aerospace Workers union had originally sought wage increases of 40%. The strike began as Boeing was working to ramp up production of the 737 and other aircraft. Spirit AeroSystems last week said it would temporarily furlough about 700 workers and that layoffs or other furloughs are possible if Boeing machinists’ strike continues.

Persons: Boeing machinists, Kelly Ortberg, machinists, ” Ortberg, CNBC’s “, Ortberg’s, “, ”, Jon Holden, AeroSystems Organizations: Boeing, Puget, International Association of Machinists, Aerospace Workers, Workers, IAM Locations: Seattle, Oregon, Pacific Northwest, South Carolina

☆ Boeing said it's lost another $250 million on the Starliner project
▼ + stars: | 2024-10-24 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Boeing has recorded another $250 million loss on its Starliner program. Boeing has lost $1.85 billion on the Starliner program to date. AdvertisementAerospace manufacturer Boeing said on Wednesday that it was incurring an additional $250 million charge against earnings on its beleaguered Starliner program. This is in addition to the $125 million charge against earnings Boeing recorded in the second quarter of this year. Boeing has lost $1.85 billion on the Starliner program to date.

Persons: Kelly Ortberg, —, Starliner, Butch Wilmore, Suni Williams, Wilmore, Williams, Ortberg, Boeing's Organizations: Boeing, New, Service, Aerospace, Space, NASA, SpaceX, SEC, Ortberg, Business Insider, Max, Airlines, Wednesday Locations: New Mexico, Oregon, California

☆ Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
▼ + stars: | 2024-10-24 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing 737 fuselages on railcars at Spirit AeroSystems' factory in Wichita, Kansas, US, on Monday, July 1, 2024. Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC Thursday. Further reductions would be in addition to those furloughs, but no decision has been made, said Spirit spokesman Joe Buccino. Spirit's consideration of additional furloughs demonstrates how the lengthy strike is weighing on an already-fragile aerospace supply chain. More than 32,000 Boeing machinists in the Puget Sound area, Oregon and other locations walked off the job on Sept. 13 after turning down an earlier tentative agreement.

Persons: Boeing's machinists, Max, Joe Buccino Organizations: Boeing, CNBC, Airbus, Boeing machinists, Puget Locations: Wichita , Kansas, Seattle, Oregon

☆ Air taxi firm Lilium plunges 45% after saying main subsidiaries will file for insolvency
▼ + stars: | 2024-10-24 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries will file for insolvency in the coming days. The German aerospace startup's shares plunged more than 60% before paring losses to 45% following the news. Lilium was seeking to raise 50 million euros ($54 million) of loans from the state coffers, however its request was rejected by lawmakers. In all, Lilium was trying to raise a convertible loan of 100 million euros. The subsidiaries' planned insolvency filings could result in Lilium ultimately delisting from the Nasdaq Global Select Market, or having its shares suspended.

Persons: Lilium, KfW Organizations: Nasdaq, Lilium GmbH, Lilium, Company Locations: Germany, Bavaria, Bavarian, foreclosing

☆ Boeing workers reject the company's latest proposal, which included a 35% wage hike
▼ + stars: | 2024-10-24 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +2 min

Boeing workers just rejected a proposal with a 35% wage increase over four years. AdvertisementBoeing machinists have rejected a new proposal that included a 35% wage increase over four years, the International Association of Machinists and Aerospace Workers Local 751 said Wednesday. Along with the wage hike, the new proposal raised a signing bonus from $3,000 to $7,000. The strike, which started on September 13, began after workers rejected a proposal to raise pay by 25% over four years , demanding 40%. Analysts at Anderson Economic Group estimated that the first month of Boeing's 33,000-worker strike cost the company and workers $5 billion.

Persons: —, Boeing machinists, Kelly Ortberg, We've, Ortberg Organizations: Boeing, Service, International Association of Machinists, Aerospace Workers, IAM, Anderson Economic Group

☆ Blast from past Ingram Micro returns to trading, but IPO market still struggling with valuation concerns
▼ + stars: | 2024-10-24 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Ingram Micro began trading Thursday at the NYSE under the symbol INGM, surging as much as 17% from its $22 initial public offering price . Still no signs of IPO life, despite record highs for stocks Unfortunately, Ingram is not going to change the IPO dynamic. Pre-covid, a normal year would see roughly $50 billion raised. Recent large IPOs (amount raised, and gain from IPO price) KinderCare $576 m. +20.7% StandardAero $1.4 b. In 2021, private capital was able to raise record funding for tech companies, which became benchmarks for private valuations.

Persons: Imgram, Ingram, Matt Kennedy, BlackRock, Kennedy Organizations: Ingram Micro, NYSE, Tianjin Tianhai Investment Company, HNA, Equity, KinderCare, Renaissance Capital, HPS Investment Partners Locations: Tianjin, IPOs, China

☆ Our software stocks jump, and industrial earnings teach an investment lesson
▼ + stars: | 2024-10-24 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Dover CEO Richard Tobin discussed the dynamic on the company's third quarter earnings call earlier Thursday . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, it's, Tesla, ServiceNow, Salesforce, Oppenheimer, Textron, It's, We're, Richard Tobin, Tobin, Edwards Lifesciences, Dexcom, Newell, Jim Cramer's, Jim Organizations: CNBC, ., Nasdaq, Dow Jones, Palo Alto Networks, Honeywell, Dover, Carrier Global, Aerospace, Union Pacific, United Parcel Service, Barclays, UPS, Federal Reserve, Boston Beer, Abbott Laboratories, Colgate, Palmolive, Centene, Newell Brands, New York Community Bancorp, Commerce Department, University of, Jim Cramer's Charitable Locations: Palo, Dover

☆ Boeing machinists reject new labor contract, extending more than 5-week strike
▼ + stars: | 2024-10-24 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

People hold signs during a strike rally for the International Association of Machinists and Aerospace Workers (IAM) at the Seattle Union Hall in Seattle, Washington, on October 15, 2024. The strike is costing the company about $1 billion a month, according to S&P Global Ratings. Earlier this month, he announced Boeing will cut 10% of its global workforce of 170,000 people. The International Association of Machinists and Aerospace Workers union had originally sought wage increases of 40%. It is the machinists' first strike since 2008.

Persons: Boeing machinists, Kelly Ortberg, machinists, Ortberg, CNBC's, Ortberg's Organizations: International Association of Machinists, Aerospace Workers, Seattle Union Hall, Boeing, Puget Locations: Seattle , Washington, Seattle, Oregon

☆ Industrial AI play Dover falls on a noisy quarter. Here's why we'd buy the dip
▼ + stars: | 2024-10-24 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Dover on Thursday reported weaker-than-expected third-quarter results, pressuring shares of the industrial conglomerate with ties to AI data centers. Dover Why we own it : We own Dover as an industrial turnaround story with exposure to mega-themes, most notably the data center buildout to support artificial intelligence computing. That created headlines that implied Dover cut its full-year guidance, but in reality executives warned in advance that sales growth and earnings projections would be altered. To be sure, we are restricted from trading Dover's stock for the next 72 hours because Jim Cramer on Thursday mentioned the company on CNBC TV. Dover considers those areas its "growth platforms," and their increasing share of the portfolio carries positive implications for Dover's margins.

Persons: We're, Ingersoll Rand, Dover, Richard Tobin, Tobin, Jim Cramer, DOV, Dover's, —, Danaher, Jim Cramer's, Jim, Jason Marz Organizations: IDEX Corp, Management, CNBC, Dover, Mizuho Securities, Club Locations: Dover, Veralto, Europe

☆ What to do with Honeywell stock after its sharp post-earnings pullback
▼ + stars: | 2024-10-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

Dow stock Honeywell was one of the biggest drags on the 30-stock average Thursday after Club industrial giant reported mixed third-quarter results compounded by a mixed outlook. HON YTD mountain Honeywell YTD Honeywell shares sinking 4.5% after the release was understandable but represents an opportunity. Honeywell Why we own it: Honeywell is a provider of industrial technology solutions to companies in various industries. Sales were revised lower because the short cycle recovery in the company's industrial automation segment is not materializing as quickly as management was expecting. Honeywell International Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York.

Persons: we're, Vimal Kapur, Kapur, Kupar, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: Dow, Honeywell, Emerson, CAES Systems, Air Products, Aerospace Technologies, CNBC, Honeywell International Inc, New York Stock Exchange, Bloomberg, Getty Locations: New York

CNN —Armed assailants launched a deadly “terror” attack on Turkey’s state-run aerospace company near the capital Ankara on Wednesday, government officials said. At least five people were killed and 22 injured in the “terrorist attack” on the Turkish Aerospace Industries (TUSAS) headquarters in the outskirts of Ankara, said Interior Minister Ali Yerlikaya. The attack occurred while Turkish President Recep Tayyip Erdogan was in the Russian city of Kazan to attend the annual BRICS summit. Turkish Aerospace IndustriesTurkey is a member of the North Atlantic Treaty Organization. “An attack on a major Turkish defense contractor, a public company, but also the crown jewel of Turkey’s defense industry, is going to be a huge trauma,” she said.

Persons: ”, Ali Yerlikaya, –, Cevdet Yılma, Yasar Guler, Guler, “, ” Yerlikaya, Mehmet Demiroglu, TUSAS, Ragip, Recep Tayyip Erdogan, Vladimir Putin, Erdogan, Mark Rutte, Mansur Yavas, Yilmaz Tunc, Aslı Aydıntaşbaş, “ It’s, ” Aydıntaşbaş, Tal Rifa’at, Farhad Shami, Mazloum Abdî, Serdar Ozsoy, Kamiran Hassan, Asos, Ebubekir Şahin, Netblocks, Putin, ” Putin, Turkey “ Organizations: CNN, Turkish Aerospace Industries, Turkish, Turkish Defense, Kurdistan Workers ’ Party, European Union, Social, Turkey’s Nationalist Movement Party, Reuters, Anadolu, Turkey’s Ministry of Industry, Technology, TUSAS, Atlantic Treaty Organization, NATO, European Council, Foreign Relations, Syrian Democratic Forces, SDF, ISIS –, of Communications Center, ” Broadcasters, Television Supreme, Facebook, YouTube, US State Department Locations: Ankara, Turkey, United States, Syria, Iraq, Ragip Soylu, Russian, Kazan, Turkish Aerospace Industries Turkey, Turkish, Kurdish, Kobani, Tal, Aleppo, Mawat, Sulaymaniyah, Iraq’s Kurdistan, Turkey’s

☆ Union members reject deal with Boeing, prolonging strike
▼ + stars: | 2024-10-23 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —The strike by 33,000 workers at Boeing will continue after rank-and-file union members rejected an offer from the company in a vote on Wednesday and decided to remain on the picket lines instead. The membership of the International Association of Machinists voted 64% against the deal, the union announced late Wednesday. “Our members deserve more,” said Jon Holden, the president of the largest IAM local at Boeing and its chief negotiator. The offer would have raised wages for IAM members at Boeing by 35 percentage points over the four-year life of the contract, with an immediate 12% raise. Loss of pension a ‘sticking point’Among the major issues for many members was the loss of a traditional pension plan.

Persons: “, ”, Jon Holden, Holden, haven’t, Seth Seifman, Seifman, Kelly Ortberg, ” Ortberg, Max Organizations: New, New York CNN, Boeing, International Association of Machinists, IAM, Union, JPMorgan Chase, Alaska Airlines, Federal Aviation Administration, Airbus Locations: New York

☆ McDonald's and Boeing: The two stocks Wall Street will keep an eye on Wednesday
▼ + stars: | 2024-10-23 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +2 min

(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. Investors on Wednesday were focused on big news involving two Dow Jones Industrial Average components: Boeing and McDonald's. The current bull market and how much more stocks can continue to rally was also on investors' minds. McDonald's E. coli outbreak, Boeing earnings McDonald's shares were lower and the primary drag on Dow futures after an E-coli outbreak linked to Quarter Pounders that has killed one person and lead to dozens being hospitalized.

Persons: Sara Senatore, Senatore, Kelly Ortberg, Phil Lebeau, Tony Bancroft, —, Ortberg, Piper, Craig Johnson, Piper Sandler, Johnson Organizations: PRO, Worldwide, Dow Jones, Boeing, Dow, Bank of America, New, CNBC, Gabelli, Aerospace, Defense, Federal Aviation Administration, Max Jets, Piper, Marvell, Scotts Miracle, Gro Locations: Corning, Illumina

☆ Boeing CEO says the company must fundamentally change as losses surge
▼ + stars: | 2024-10-23 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

That is the Boeing unit that has been the most troubled, but the strike affected only the last two weeks of the three-month period. Boeing reported a $2.4 billion operating loss in its space and defense business, which is not affected by the strike. “First and foremost on everybody’s mind today is ending the IAM strike,” Ortberg told investors. Members of the International Association of Machinists from Boeing hold a march during an ongoing strike in Seattle, on October 15. Fortunately for Boeing, it is not likely it will be forced out of business by its current financial crisis.

Persons: Kelly Ortberg, ” Ortberg, “ We’re, We’ve, ”, …, Starliner, “, Ortberg, Seth Seifman, Seifman, David Ryder, “ We’ve, Max Organizations: New, New York CNN, Boeing, International Association of Machinists, CNBC, International, Station, NASA, SpaceX, IAM, JPMorgan Chase, Reuters, Alaska Airlines, Federal Aviation Administration, Airbus Locations: New York, ”, Seattle, Washington

☆ New Boeing CEO to give clues about company's future, while striking workers vote on new contract
▼ + stars: | 2024-10-22 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +7 min

Now, new CEO Kelly Ortberg has the chance to share his vision for the troubled manufacturer, from a potential strike-ending labor agreement to a slimmed-down future. When he takes the mic for his first earnings call as Boeing’s CEO on Wednesday, more than 32,000 striking machinists will start voting on a new, sweetened contract proposal. “I think it’s going to be a tight vote,” Jon Holden, president of the International Association of Machinists and Aerospace Workers District 751, told CNBC on Tuesday. Narrowing businessesOrtberg, a longtime aerospace veteran who previously ran Rockwell Collins, took the reins at Boeing in early August. Mending ties with workers, stabilizing supply chainThe results of the union vote will come out hours after the earnings call.

Persons: Kelly Ortberg, “, ” Jon Holden, RTX, Neil Mitchill, Collins, Rockwell Collins, Robert " Kelly, Ortberg, ”, Ken Herbert, Julie Su, Holden, ” Holden, Joe Biden, Biden, —, Phil LeBeau Organizations: Boeing, International Association of Machinists, Aerospace Workers, CNBC, GE Aerospace, AFP, Getty, Air Force One, Workers, Puget, Labor, Spirit, Aerospace Industries Association Locations: underperformance, Seattle, South Carolina

And if the worst were to happen and Bridger defaulted on the debt, Gallatin County wouldn’t be on the hook. The second item that wasn’t publicly discussed involved collateral damage to Gallatin County if Bridger’s bonds, known as conduits, went bad. Neither did former commissioner Skinner, whom NBC News called to talk about his vote on the Bridger bond. “Gallatin County should expect that Bridger will not cover any of the costs to unwind this transaction,” he said. At the 2020 meeting about the bond issue, Sean Bowen, a deputy county attorney, was asked whether the county was comfortable approving it.

Persons: Tim Sheehy, Bridger, Gallatin, ”, Joe Skinner, Sheehy vies, Sheehy, Donald Trump, Democratic Sen, Jon Tester, Blackstone, Louise Johns, Justin Marlowe, ” Marlowe, ” Sheehy, didn’t, Sam Davis, Bridger’s, Nathan Bilyeu, wasn’t, Marlowe, ‘, ’ ”, “, Zach Brown, ” Brown, Bilyeu, Skinner, Brown, it’s, Sean Bowen, Bowen, hadn’t Organizations: Bridger Aerospace Group, Navy SEAL, U.S . Senate, Democratic, New, Blackstone Group, Republican, Bridger Aerospace, Bloomberg, Getty, University of Chicago Harris School of Public Policy, Municipal Finance, National Interagency Fire Center, Pilatus, Bridger, wasn’t, University of Chicago, Poor’s, NBC Locations: Montana, it’s, Gallatin County, Bozeman, U.S, Washington, Gallatin, New York City, Bridger, Mont, Helena, Chicago, Bolingbrook, ”

☆ Earnings season is getting chaotic — plus, Jim Cramer sees a great opportunity in Disney
▼ + stars: | 2024-10-22 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Investors also are grappling with the beginning of a "chaotic" period in earnings season, Jim Cramer said. "I think this is a great opportunity to buy the stock of Disney," Jim said, highlighting improvements to its ESPN and movie business despite theme-park weakness. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Danaher, Jim, Jensen, Huang, buildouts, Morgan Stanley, James Gorman, Bob Iger, Stocks, Jim Cramer's Organizations: CNBC, Treasury, Nvidia, Disney, ESPN, GE Aerospace, RTX Corp, General Motors, Verizon Communications Locations: Mumbai, India

☆ Stocks making the biggest moves premarket: Cheesecake Factory, Sherwin-Williams, 3M and more
▼ + stars: | 2024-10-22 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

SAP — U.S.-listed shares of the enterprise software provider gained more than 3% after the company posted a third-quarter earnings and revenue beat. GE Aerospace reported adjusted revenue of $8.94 billion, while analysts had estimated $9.02 billion, according to LSEG. 3M — Shares of the industrial company rallied 5% after 3M posted third-quarter earnings of $1.98 per share on revenue of $6.07 billion. Despite this, the company posted a third-quarter adjusted earnings and revenue beat. Sherwin-Williams reported adjusted earnings of $3.37 per share, lower than a StreetAccount estimate of $3.55 per share.

Persons: LSEG, AppLovin, Rob Sanderson, Nucor, Danaher, Sherwin, Williams, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Fred Imbert, Hakyung Kim, Sarah Min, Jesse Pound Organizations: JCP Investment Management, General Motors, GM, SAP — U.S, SAP, GE Aerospace, Citi, U.S, Loop Locations: Utah

☆ Stocks making the biggest moves midday: Genuine Parts, General Motors, Verizon, Philip Morris and more
▼ + stars: | 2024-10-22 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

General Motors — The stock jumped more than 9% after the automaker posted better-than-expected third-quarter results and raised its full-year forecast. Verizon Communications — The telecommunications giant dipped 4% after posting third-quarter revenue of $33.33 billion, which came in below the $33.43 billion analysts polled by LSEG had expected. GE Aerospace reported adjusted revenue of $8.94 billion, while analysts polled by LSEG estimated $9.02 billion. Meanwhile, adjusted earnings per share of $1.15 beat consensus forecasts by just 1 cent. Philip Morris International — The tobacco company popped nearly 9% after reporting third-quarter results that beat expectations.

Persons: FactSet, General Motors, LSEG, Philip Morris, Lockheed Martin —, Lockheed Martin, Zions, Sherwin, Williams, —, Alex Harring, Samantha Subin, Lisa Kailai Han, Hakyung Kim Organizations: General, GM, Verizon Communications, GE Aerospace, LSEG, Philip Morris International, Lockheed, Citi, U.S, Global, Diagnostics, Norfolk Southern

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