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☆ Expect the unexpected in Friday’s jobs report
▼ + stars: | 2024-10-31 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

In any other month, the finishing touch would be a clean reading on the labor market from the official jobs report. However, a common thread among economists is that the strikes and hurricanes could take a 100,000-job bite out of the October jobs report. The last time there were back-to-back major hurricanes — Harvey and Irma in 2017 — the forecasts for the following month’s jobs report were for a loss of 33,000 positions. And each contribute to two of the biggest numbers in the monthly jobs report. A key date to keep in mind for the jobs report is October 12, as it anchors the “reference period” for both surveys.

Persons: ’, Claudia Sahm, “ It’s, That’s, aren’t, FactSet, Joe Brusuelas, — Harvey, Irma, Sahm, Oliver Allen, Milton, ”, Harris, Kamala Harris, Donald Trump’s, We’re, Biden, Jared Bernstein, Joe Biden’s, “ Organizations: CNN, Boeing, Reserve, New Century Advisors, Labor, Survey, Bureau of Labor Statistics, of Labor, Challenger, ADP, BLS, RSM, Pantheon Macroeconomics, Republicans, The New York Times, Siena College, Associated Press Locations: Washington and Oregon

☆ Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says
▼ + stars: | 2024-10-30 | by ( Jeff Cox | Jeff Cox Is A Finance Editor With Cnbc.Com Where He Covers All Aspects Of The Markets | Monitors Coverage Of The Financial Markets | ) www.nbcnews.com time to read: +2 min

ADP said it was the best month for job creation since July 2023. “Even amid hurricane recovery, job growth was strong in October,” ADP chief economist Nela Richardson said. Job creation was strongly concentrated in companies with 500 or more employees, which added 140,000 of the total. The ADP report traditionally tees up the more closely watched nonfarm payrolls count from the Bureau of Labor Services. The BLS report showed private job gains of 223,000 in September and 254,000 total payrolls growth.

Persons: Dow Jones, Nela Richardson, Helene, Milton — Organizations: North Carolina, Boeing, Federal Reserve, Manufacturing, Bureau of Labor Services, ADP, BLS Locations: U.S, Florida, North

☆ Private sector added twice as many jobs as expected in October
▼ + stars: | 2024-10-30 | by ( Alicia Wallace | ) edition.cnn.com time to read: +4 min

CNN —Private sector hiring blew past expectations in October, another sign that the US labor market remains on solid footing, payroll processor ADP reported Wednesday. Non-governmental employers added 233,000 jobs in October, a sharp acceleration from the 159,000 net increase reported for September, according to ADP’s latest National Employment Report. Wednesday’s gains throttled economists’ expectations for job growth to slow to a mere 108,000 jobs from the initial estimate of 143,000, FactSet estimates show. Pantheon Macroeconomics is sticking with its forecast of 100,000 payroll gains, according to an investors note sent Wednesday. And while a resurgence in the labor market could raise concerns about a reacceleration in inflation, October’s ADP data showed otherwise, Richardson said.

Persons: Nela Richardson, Hurricane Helene, ADP’s tabulations, ” Richardson, Richardson, “, Irma, ” Samuel Tombs, Milton …, Wednesday’s, ” Organizations: CNN, ADP, Boeing, Labor Department, of Labor Statistics, Pantheon, Companies, Federal Reserve Locations: Hurricane Milton, Carolina, Florida, Milton, South Atlantic

☆ Why the October jobs report on Friday could sink the market's soft-landing narrative
▼ + stars: | 2024-10-30 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

September's payrolls report exceeded expectations, but economists see weak gains for October. Even with lower expectations, a poor print could reset the market's narrative around a soft landing. AdvertisementThe narrative around ongoing labor-market strength revived with September's payrolls report, which topped economists' expectations by over 100,000 jobs. "The October jobs report will likely show a severe but short-lived hit from hurricanes Helene and Milton," Adams said. Another sign that September's jobs numbers may have been overstated is that other employment indicators haven't started to trend upwards.

Persons: September's, —, Hurricanes Milton, Helene, Tom Essaye, Ben McMillan, McMillan, Goldman Sachs, there's, Goldman, Claudia Sahm, Michael Cuggino, Bill Adams, Milton, Adams, Neil Dutta, David Rosenberg, Rosenberg, Dutta Organizations: Service, Bureau of Labor Statistics, Hurricanes, Boeing, IDX Advisors, of Labor Statistics, Comerica, Funds, Federal Reserve, Macro, BLS, PMI

☆ Here are Wednesday's biggest analyst calls: Apple, Alphabet, Snap, Boeing, First Solar, Reddit, AMD & more
▼ + stars: | 2024-10-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Bank of America reiterates Advanced Micro Devices as buy Bank of America said the stock is best positioned following earnings on Tuesday. JPMorgan reiterates First Solar as overweight The firm said the solar company is still best positioned following earnings on Tuesday. "Attractive entry point ahead of EDN's tariff review, a key value driver that could drive significant earnings growth & trigger stock re-rating. "We remain confident in BOOT's ability to deliver attractive relative earnings growth supported by compelling unit expansion opportunity." Raymond James downgrades Crocs to market perform from outperform Raymond James downgraded the shoe company following earnings citing margin pressures.

Persons: Wells, Reddit, Morgan Stanley, Raymond James, it's, Bernstein, Baird, Raymond James downgrades Qorvo, Barclays downgrades Lear, Goldman Sachs, Chipotle, Goldman, Raymond James downgrades Crocs, Wedbush downgrades Williams Organizations: Bank of America, Devices, AMD, JPMorgan, Catalyst, " Bank of America, DoJ, Citi, YouTube, Bank of, Holdings, of America, Incyte, Boeing, UBS, Barrick Gold, Barrick, Barclays, CMG, Walmart, Apple, Apple Intelligence, 3Q, 4Q, WSM Locations: China, OW, America, Sonoma

☆ Bernstein downgrades Boeing as labor strike weighs on outlook
▼ + stars: | 2024-10-30 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Shares of Boeing have slipped 41% this year, weighed down by a slew of headwinds including quality control issues and, most recently, a machinists strike. The strike began last month and was prolonged last week after the union rejected Boeing's latest labor proposal . BA YTD mountain Boeing YTD chart Harned expressed his doubt that Boeing would be able to pull off a recovery in the short term. The strike has also worsened Boeing's free cash flow outlook, which is now "materially worse" than Harned's prior estimates. The analyst sees about $4 billion in negative free cash flow for the fourth quarter and about $5 billion in negative free cash flow for 2025.

Persons: Bernstein, Douglas Harned, —, Kelly Ortberg, Harned Organizations: Boeing Locations: Tuesday's

☆ Airbus delivers first extra-long-range Airbus A321 as smaller jets fly farther
▼ + stars: | 2024-10-30 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

An Airbus A321XLR Neo passenger aircraft performs a flying display at the Paris Air Show in Le Bourget, Paris, France, on Monday, June 19, 2023. Airbus said Wednesday that it has handed over its first extra-long-range narrow-body aircraft, the A321XLR, marking another step in an era of smaller and more fuel-efficient jets flying longer distances, and further expanding a delivery gap between Airbus and rival Boeing . The first aircraft was delivered to Spain's Iberia, which plans to debut it between Madrid and Boston next month. American Airlines and United Airlines have also ordered the 321XLRs. The plane maker has been working on getting the aircraft certified for five years.

Organizations: Airbus, Paris Air, Boeing, American Airlines and United Airlines, JetBlue Locations: Le Bourget, Paris, France, Iberia, Madrid, Boston, New York, Amsterdam

☆ Investors getting very bullish heading into the election
▼ + stars: | 2024-10-30 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The U.S. presidential election is less than one week away, and investor positioning has gotten very bullish. "Animal spirits have been unleashed, as investors haven't wasted time positioning themselves up for a typical post-election/year-end rally," Cau said in a note. He also pointed out that these inflows come as expectations of former President Donald Trump winning next week have increased. Indeed, shares of Trump Media — which have been a market proxy for Trump's 2024 election chances — have soared a whopping 220.5% in the past month alone. "After Q3, we lack confidence that Boeing shares can outperform the market in the next 12 months."

Persons: Emmanuel Cau, haven't, Cau, Donald Trump, —, Kamala Harris, Bernstein Organizations: U.S, Barclays, Trump Media, NBC, Boeing Locations: U.S

☆ Why Boeing's $21 billion share sale is an early Christmas present for Wall Street
▼ + stars: | 2024-10-29 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

AdvertisementWall Street bankers tasked with helping companies raise money through sales of stock just got an early Christmas present. The sale ended up raising nearly $21 billion, marking one of the largest deals for US equity-capital-markets bankers in history. Thanks to the Boeing capital raise, he now predicts ECM bonus increases of 30%, he said. 'A rising tide lifts all boats,' comp expert saysThe ultimate size of Boeing's capital raise puts it in league with some of the largest raises ever, according to global equity capital raise data provided by LSEG. But, based on Johnson's forecast, it seems those involved in the Boeing capital raise may find themselves flying highest on bonus day.

Persons: Goldman Sachs, —, bookrunners Goldman Sachs, Morgan Stanley, Alan Johnson, Johnson, Semafor, Thoma Bravo, It's, they've Organizations: Boeing, PJT Partners, RBC Capital Markets, Service, Monday, Bank of America, Citigroup, JPMorgan, Wall, Johnson Associates, LSEG, Petrobras, Lloyds, Nasdaq Locations: Brazilian, British

☆ 2 major airline CEOs have issued a clear message to Boeing in the past week: Do better
▼ + stars: | 2024-10-29 | by ( Kelsey Vlamis | Aditi Bharade | ) www.businessinsider.com time to read: +4 min

The CEOs of Southwest Airlines and American Airlines both want Boeing to deliver planes on time. "Boeing has been a great partner for the whole 53 years of Southwest Airlines, but we need Boeing to be strong. Southwest's fleet consists of 228 Boeing 737 Max 8s, 381 Boeing 737-800s, and 207 Boeing 737-700s, according to aviation website FlightRadar24. Southwest reported earlier this year that it expected to receive around 20 Boeing 737 Max 8. The manufacturer announced on Monday that it is offering 90 million common shares and about $5 billion worth of depositary shares for sale.

Persons: —, Bob Jordan, Robert Isom, Jordan, it's, Isom, they're, We've, he's, Kelly Ortberg, Goldman Sachs, JPMorgan Chase Organizations: Southwest Airlines, American Airlines, Boeing, Service, Southwest, Yahoo Finance, Max, CNBC, Alaska Airlines, SEC, Bank of America, Citibank, JPMorgan, Business

☆ US Air Force wildly overpaid Boeing by almost 8,000% for C-17 aircraft bathroom soap dispensers, Pentagon watchdog finds
▼ + stars: | 2024-10-29 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

The US Air Force majorly overpaid for C-17 spare parts, including bathroom soap dispensers, per a Pentagon watchdog. AdvertisementThe US Air Force overpaid for spare parts for a C-17 military transport aircraft manufactured by Boeing, according to a new watchdog report. The audit, which detailed cost issues with a variety of C-17 spare parts, blamed the overpayment on a lack of oversight by the Air Force. The C-17 is a workhorse for the Air Force and joint force, transporting troops and a variety of assets. US Air Force photo by Staff Sgt.

Persons: —, Brandon Vasquez, Cory D, Payne, Robert P, Storch Organizations: US Air Force, Pentagon, Service, Boeing, Air Force, Department of Defense, Spc, Defense Contract Management, Staff, Air

Donald J. Trump @realDonaldTrump americanthinker.com/blog/2024/... www.americanthinker.com The real reason Boeing is in the news In short, China wants Boeing out. Inside Trump’s Truth Social Conspiracy Theory Machine An analysis of Donald Trump’s Truth Social posts reveals the paranoid and unfounded content the former president creates and amplifies each day. In addition to the posts themselves, the analysis zeroed in on the 170 Truth Social accounts that Mr. Trump had amplified on the platform. A spokeswoman for Truth Social did not answer questions from The Times about the company’s policies on conspiratorial content and the accounts that spread it. From July to September, Truth Social received an average of about 4.7 million unique monthly visitors, according to the web analytics firm Similarweb.

Persons: Donald Trump, Donald J, Trump, Biden, Trump baselessly, JOE BIDEN, Donald Trump’s, Trump’s, ”, Joseph Uscinski, George Soros, globalist, Harris, Mr, Kamala Harris, Hurricane Helene, Crooked Joe Biden, Hunt, be us, HAP E, OR F, REGIS, ony Biden, ree, Joe, O., asser t, ruth Socia, Soros, Harri, MAGA, ruth e, ange, ron y m “NCSW, “He, accou, SOROS, ruth S, ove, uther, tim e, y., the 2020, ravi, orme Organizations: Trump, “, OPEN, PLAN ”, Mr, Boeing, FOX, WIN, Truth, Times, The Times, Social, University of Miami, Democratic Party, Democratic, Federal Emergency Management Agency, Justice Department, White, DOJ, UF, UT, ims, acc Locations: China, York, ”, Nord, Ukraine, Hurricane, America, ife, Abo, TIR

☆ JOLTS report: Job openings fall to pre-pandemic levels
▼ + stars: | 2024-10-29 | by ( Alicia Wallace | ) edition.cnn.com time to read: +3 min

The first burst on Tuesday — a critical read on activity within the jobs market — showed that the once too-tight labor market is starting to look more like its pre-pandemic days. Economists were expecting the number of job openings to land at around 7.9 million, declining from the prior month’s initial estimate of 8.04 million, according to FactSet estimates. The decline in job openings reflects a labor market that has slowed back to a pre-pandemic pace after experiencing years of blockbuster growth. “Decreasing or subdued job openings, quits and hiring rates last month all point to a cooler labor market compared to one year ago,” Elizabeth Renter, senior economist for NerdWallet, wrote in commentary issued Tuesday. It’s also likely the last clean piece of labor market data: The ongoing Boeing strike and Hurricanes Helene and Milton are expected to heavily distort jobs data starting with the month of October.

Persons: ” Elizabeth Renter, NerdWallet, aren’t, It’s, Hurricanes Helene, Milton, “ Organizations: CNN, Federal Reserve, Bureau of Labor Statistics, “ Employers, Labor, Boeing, Hurricanes

☆ Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions
▼ + stars: | 2024-10-29 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +9 min

He sees gaps in the launch market for Firefly's Alpha and coming MLV rockets, which slot into the middle of the small-to-heavy class of vehicles. Firefly has three main product lines: its rockets, Alpha and MLV; space tugs, called Elytra, and lunar landers, known as Blue Ghost. More rocketsThe company's fifth Alpha launch lifts off from Vandenberg Space Force Base in California in July 2024. A rendering of the MLV rocket. Firefly AerospaceKim sees Firefly as having a key advantage — "an engine that works" — in its Reaver engines that power the Alpha rockets.

Persons: Jason Kim, Firefly Aerospace Jason Kim, he's, Elon Musk's, ULA, Jeff Bezos, Kim, he'd, I'm, … I'm, what's, Firefly's, Trevor Mahlmann, Northrop, Aerospace Kim, Miranda, We've, MLV, Firefly's Alpha, Lockheed Martin, Simone Biles, we're Organizations: Firefly Aerospace, Aerospace, Boeing, Elon, Elon Musk's SpaceX, Firefly's Alpha, CNBC, Firefly, Alpha, California's Vandenberg Space Force Base, Industrial Partners, Vandenberg Space Force, SpaceX, Lockheed, Payload Services, NASA, Blue Locations: U.S, Austin , Texas, California's, California, Northrop's, Briggs , Texas

☆ Stocks making the biggest moves premarket: Exxon, Spotify, Boeing, McDonald's, TSMC and more
▼ + stars: | 2024-10-28 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Spotify — The music platform rose more than 2% after Wells Fargo named Spotify a top stock pick . Analyst Steven Cahall is particularly bullish on the company's rising margins, strong product mix and evolving record label relationships. Boeing — Shares of the planemaker slipped roughly 2% after Boeing launched a stock offering that could raise roughly $19 billion. McDonald's shares dropped more than 7.5% last week, marking its worst weekly performance since 2020. ON Semiconductor — Shares gained more than 3% after the semiconductor product maker posted adjusted earnings per share of 99 cents and revenue of $1.76 billion for the third quarter.

Persons: Wells, Steven Cahall, Kamala Harris, Donald Trump, FactSet, Canaccord Genuity, Nio, CrowdStrike, Sarah Min, Alex Harring, Lisa Kailai Han, Sean Conlon, Michelle Fox Organizations: Spotify, Boeing —, Boeing, Occidental Petroleum, Exxon, BP —, Citi, Exxon Mobil, BP, Taiwan Semiconductor Manufacturing, Huawei, Reuters, The, Delta Air Lines Locations: U.S, China, The U.S, Macquarie

☆ Boeing is looking for a $19 billion boost
▼ + stars: | 2024-10-28 | by ( Aditi Bharade | Pete Syme | ) www.businessinsider.com time to read: +3 min

Boeing is looking to raise nearly $19 billion to combat its lack of cash. It comes after Boeing reported a net loss of $6.1 billion in the third quarter. AdvertisementBoeing needs cash, and it's trying to raise almost $19 billion as the company looks to boost its liquidity. The planemaker announced Monday that it is offering 90 million common shares and about $5 billion of depositary shares for sale. Last Wednesday, Boeing reported a net loss of $6.1 billion in its third-quarter earnings.

Persons: —, Goldman Sachs, Max, Dave Calhoun, Ron Epstein Organizations: Boeing, Alaska Airlines, Service, planemaker, Bank of America, Citibank, JPMorgan Chase, Alaska Airlines Boeing

☆ A lot the industry dynamics have shifted in favor of United and Delta: TD Cowen's Tom Fitzgerald
▼ + stars: | 2024-10-28 | 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 EmailA lot the industry dynamics have shifted in favor of United and Delta: TD Cowen's Tom FitzgeraldTom Fitzgerald, TD Cowen analyst, joins 'Squawk Box' to discuss news of Boeing's capital raise, impact of Boeing's strike on airlines, tailwinds for airline stocks, and more.

Persons: Tom Fitzgerald Tom Fitzgerald, TD Cowen Organizations: United, Delta

☆ Groundbreaking telescope reveals first piece of new cosmic map
▼ + stars: | 2024-10-26 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

Astronomers have never detected dark matter, but they believe it makes up about 85% of the total matter in the universe. Meanwhile, the existence of dark energy helps researchers explain why the universe is expanding — and why that expansion is speeding up. A prime example is the European Space Agency’s wide-angle Euclid telescope that launched in 2023 to investigate the riddles of dark energy and dark matter. Euclid this week delivered the first piece of a cosmic map — containing about 100 million stars and galaxies — that will take six years to create. These stunning 3D observations may help scientists see how dark matter warps light and curves space across galaxies.

Persons: Jackie Wattles, I’m, Vera C, Sarah Gillis, John Kraus, Chenyang Cai, Everest, NASA hasn’t, gazers, Ashley Strickland, Katie Hunt Organizations: CNN, ESA, US National Science Foundation, Stanford University, Rubin, SpaceX, SpaceX Polaris, Polaris, NASA, Boeing, CNN Space, Science Locations: Chile, Uzbekistan, Norway, Myanmar, Florida

☆ Boeing's new CEO is taking on the ultimate management test
▼ + stars: | 2024-10-26 | by ( Tim Paradis | Taylor Rains | ) www.businessinsider.com time to read: +8 min

Boeing's still-new CEO, Kelly Ortberg, faces urgent challenges, including a worker strike. Ortberg is focusing on communication, trust, and future innovation at Boeing to get the company on the right path. Ortberg, in a letter released to employees along with the company's third-quarter results, said Boeing's customers want — and need — the company to succeed. "With the right focus and culture, we can be an iconic company and aerospace leader once again," he wrote. "When you feel that the CEO is with you, and the CEO is feeling your pain, it makes it more tolerable and provides hope for the future," Franklin said.

Persons: Boeing's, Kelly Ortberg, Ortberg, —, we've, Bill George, George, he's, Rosalind Franklin, Boyden, Franklin, Jeffrey Sonnenfeld, who's, Mary Barra, Alan Mulally, Sonnenfeld, haven't, Richard Aboulafia, they're, Aboulafia Organizations: Boeing, Service, Harvard Business School, Yale School of Management, Yale's, Leadership, General Motors, Ford, GM Locations: Seattle

☆ NASA astronaut hospitalized after return from space station
▼ + stars: | 2024-10-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

A NASA astronaut was flown to a hospital with an unspecified medical issue on Friday shortly after returning to Earth from a nearly eight-month mission on the International Space Station, the space agency said. The astronaut, who NASA did not name for privacy reasons, had splashed down off Florida’s coast at 3:29 a.m. ET on Friday aboard SpaceX’s Crew Dragon capsule with three other crew members — two NASA astronauts and a Russian cosmonaut. Their 235 days in space made it longer than the usual six-month ISS mission duration and marked the longest stay in orbit for SpaceX’s reusable Crew Dragon spacecraft. The Elon Musk-owned company remains the only U.S. option for NASA astronaut trips to and from the ISS.

Persons: SpaceX’s, Matthew Dominick, Michael Barratt, Jeanette Epps, Alexander Grebenkin, “, Roscosmos, Elon, Starliner, Richard Jones, Jones, William Gerstenmaier Organizations: NASA, Station, SpaceX, ISS Locations: Russian, Pensacola , Florida, Houston, Ascension, Pensacola, U.S, Gulf of Mexico

☆ Pension is the resolution to agreement for Boeing: Strategist
▼ + stars: | 2024-10-25 | 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 EmailPension is the resolution to agreement for Boeing: StrategistBrian Langenberg from Langenberg & Co. explains why pension provision will be important for agreement between Boeing and their workers.

Persons: Brian Langenberg Organizations: Boeing Locations: Langenberg

☆ 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

☆ Why Starbucks, Nike and Boeing are looking for a time machine
▼ + stars: | 2024-10-25 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —Three quintessentially American companies — Starbucks, Nike and Boeing — share a common predicament at the moment. Brian Niccol took the reins last month, leaving the top job at Chipotle to become Starbucks’ third CEO in three years. Boeing Boeing Boeing…. Like Nike and Starbucks, Boeing is looking to its past self to guide its future. And Boeing won’t be able to build the time machine it so desperately needs without the 33,000 machinists currently on strike.

Persons: CNN Business ’, Brian Niccol, Niccol, God —, ”, I’ve, we’ve, Nicolas Asfouri, it’s, Elliott Hill, Kelly Ortberg, who’ve Organizations: CNN Business, New York CNN, Starbucks, Nike, Boeing, Getty, NBA, WNBA, Boeing Boeing Boeing …, Ortberg Locations: New York, China, Chipotle, AFP

☆ Boeing and other strikes will take at least a 44,000-job bite out of the October jobs report
▼ + stars: | 2024-10-25 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

CNN —Striking workers will take at least a 44,000-job bite out of the October jobs report, according to new data released Friday. That’s the biggest monthly employment knock in a year, according to the Bureau of Labor Statistics’ latest strike report. “So, our forecast is for a 120,000 increase in total employment, which is fine on its own. A little over two weeks ago, as the Southeast was reeling from the destruction laid by Hurricane Helene, Florida was bracing for even worse from the monstrous Hurricane Milton. The BLS’ reference period for the jobs report is the pay period that includes the 12th of the month.

Persons: what’s, ” Joe Brusuelas, Brusuelas, Milton, Helene, Helene — Organizations: CNN —, Bureau of Labor Statistics ’, Boeing, RSM, CNN, Federal Reserve, BLS Locations: Hurricane, Florida

☆ SpaceX Crew-8 astronauts taken to medical facility ‘out of an abundance of caution,’ NASA says
▼ + stars: | 2024-10-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +3 min

The four-person crew, which spent nearly eight months aboard the International Space Station before landing in the Gulf of Mexico on Friday at 3:29 a.m. However, the astronauts “were taken to a local medical facility for additional evaluation,” NASA news chief Cheryl Warner said in a statement from the space agency shared at 8 a.m. “Out of an abundance of caution, all crew members were flown to the facility together.”Warner confirmed at 9 a.m. ET that the crew was still at the medical facility, but did not provide details about the nature of the medical checks. Additional weather delays also pushed the Crew-8 astronauts’ return into late October.

Persons: Cheryl Warner, ” Warner, Matthew Dominick, Michael Barratt, Jeanette Epps, Alexander Grebenkin, Roscosmos —, ”, Richard Jones, NASA’s, “ They’ll, ” Jones, ’ Organizations: CNN, NASA, SpaceX, Space, International Space, Boeing Locations: Florida, Houston , Texas, Gulf of Mexico, Gulf, Houston

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