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☆ Airlines are doubling down on premium seats. So far, it's paying off
▼ + stars: | 2024-10-24 | by ( Taylor Rains | Benjamin Zhang | ) www.businessinsider.com time to read: +4 min

Airlines are doubling down on high-margin premium cabins and even expanding them on new planes. American Airlines on Thursday reported an 8% increase in premium revenue in the third quarter compared with the prior year. Its rivals Delta Air Lines and United Airlines reported similar premium revenue growth in the quarter, at 4% and 5%. Courtesy of Delta Air LinesLeaning more into premium seats could fill that financial void. United Airlines' Polaris business class.

Persons: —, Andrew Nocella, American's, Vasu Raja, Robert Isom, haven't Organizations: United, Service, American Airlines, Delta Air Lines, United Airlines, Airlines, Suite, American Airlines Delta, Boeing, Airbus, stoke, United Airlines ' Polaris, Frontier Airlines, Spirit Airlines, Spirit, JetBlue Airways, Southwest Airlines

☆ SpaceX’s Crew-8 capsule is coming home. Here’s why Boeing Starliner’s astronauts aren’t on it
▼ + stars: | 2024-10-24 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

SpaceX's Crew-8 from right to left: NASA astronauts Jeanette Epps, Matthew Dominick, Michael Barratt, and Roscosmos cosmonaut Alexander Grebenkin. Williams and Wilmore, for the record, have now been on the space station more than 18 weeks. The SpaceX Dragon Endeavour spacecraft is pictured beyond the Candarm2 robotic arm moments after undocking from the Harmony module of the space station with four Crew-8 members. And NASA previously confirmed the Starliner astronauts are prepared to make such a shift. Extended stays in spaceIt’s not uncommon for astronauts to unexpectedly extend their stay aboard the space station — for days, weeks or even months.

Persons: Suni Williams, Butch Wilmore —, Williams, Wilmore, Matthew Dominick, Michael Barratt, Jeanette Epps, Alexander Grebenkin, Roscosmos, SpaceX Williams, That’s, Wilmore —, Cardman, Stephanie Wilson —, Boeing’s Starliner, they’re, ”, Dana Weigel, “ Butch, Suni, ” Weigel, “, Nick Hague, Russia’s Aleksandr Gorbunov, ” Williams, Frank Rubio, yearlong, “ I’m Organizations: CNN, International Space Station, NASA, SpaceX, ISS, SpaceX's, Cape Canaveral Space Force, SpaceX’s, Spaceflight, Boeing, Expedition, Space Station Locations: Florida, Russian

☆ Top 10 things to watch in the stock market Thursday, including news on Nvidia, 3 other Club stocks
▼ + stars: | 2024-10-24 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

Top 10 things to watch Thursday, Oct. 24 CNBC's Matthew J. Belvedere with the help of Jeff Marks wrote this dispatch. Tesla shares were jumping 14.5% and leading the Nasdaq toward a higher open after the EV maker beat on quarterly earnings per share (EPS). Club industrial stocks Honeywell and Dover were dropping after issuing quarterly results. Semiconductor equipment maker Lam Research beat on quarterly earnings and revenue and its stock jumped 5%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Matthew J, Jeff Marks, Stocks, Jensen Huang, TSMC, Oppenheimer, Boeing machinists, Gary Kelly, Bob Jordan, EBITDA, Jim Cramer's, Jim Cramer, Jim, Ritzau Scanpix, Mads Claus Rasmussen Organizations: Nasdaq, Elon, Honeywell, Dover, Nvidia, Blackwell, Semiconductor, Lam Research, Boeing, Southwest Airlines, Elliott Investment Management, United Parcel Service, International, Mobile, Jim Cramer's Charitable, CNBC, EIFO, NVIDIA, Vilhelm, Via Reuters Locations: India, Southwest, Kastrup, Denmark

☆ 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

☆ Stock futures are little changed after S&P 500 snaps 3-day losing streak: Live updates
▼ + stars: | 2024-10-24 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

S&P 500 futures are muted Thursday night after the broad index ended a three-day negative streak. Futures tied to the broad index added less than 0.1%, as did Nasdaq 100 futures . The Nasdaq Composite joined the S&P 500 in finishing the session in the green, with both lifted by Tesla' s post-earnings rally. A slide in Treasury yields also gave the S&P 500 and Nasdaq upward momentum, according to Megan Horneman, chief investment officer at Verdence. The Dow has fared the worst with a drop of more than 2% as of Thursday's close, while the S&P 500 and Nasdaq have shed 0.9% and 0.4%, respectively.

Persons: Dexcom, Tesla, Elon, Megan Horneman, Horneman, Dow, They'll Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Treasury, IBM, Boeing, Colgate, Palmolive, AutoNation, Newell Brands, University of

☆ Justice Department to defend DEI policy that threatens to derail Boeing deal
▼ + stars: | 2024-10-24 | by ( Evan Perez | Hannah Rabinowitz | ) edition.cnn.com time to read: +4 min

O’Connor set a deadline of Friday for the administration to explain its use of so-called DEI policies in that program. The diversity language used in the Boeing criminal plea deal has been around since at least 2018 – during the Trump administration, according to a person familiar with the policy. Still, it has become a key holdup as O’Connor mulls whether to approve the plea deal. Now, the court battle playing out in Texas will decide whether to allow Boeing to plead guilty as part of a deal with the Justice Department to resolve a criminal investigation stemming from plane crashes that killed 346 people. The issue first arose at an October 11 hearing in Fort Worth, where O’Connor worked through the routine details of the plea deal before taking a sharp detour to ask why the Justice Department included DEI considerations in choosing a monitor.

Persons: Reed O’Connor, Trump, Biden, O’Connor, Sean Tonolli, interjecting, Tonolli, ” O’Connor, George W, Bush Organizations: CNN, The Justice, Boeing Co, Justice Department, Boeing, Department, DOJ, Democratic, Supreme Locations: Texas, Whites, Fort Worth

☆ NATO allies are teaming up for P-8 patrols to counter the growing Russian submarine threat in the North Atlantic
▼ + stars: | 2024-10-24 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The aircraft will fly North Atlantic patrols to counter the growing Russian submarine threat. AdvertisementGerman submarine-hunting aircraft will be based in the UK and will fly patrols over the North Atlantic amid a rise in Russian underwater military activity in the area. Jesenia LandaverdeSeveral countries, including a number of NATO allies, operate the P-8, a derivative of the civilian 737. Related storiesThe Trinity pact comes amid a rise in Russian submarine and underwater activity, a development that has long concerned NATO. The UK government said the Trinity pact "will strengthen national security and economic growth in the face of growing Russian aggression and increasing threats."

Persons: —, Jesenia, Trinity, Tony Radakin, Christopher Cavoli, we've, ADALBERTO ROQUE, Boris Pistorius Organizations: Service, NATO, Royal Air Force, Boeing, US Navy, Navy, US Air Force, Staff, British, Getty, Trinity, Ukraine Locations: Germany, Trinity, Lossiemouth, Scotland, Russian, Europe, Cuba, Havana's, North, Ukraine, Russia, Moscow, Eastern Europe

☆ Fund manager: Stay away from Boeing shares as more problems are ahead for the company
▼ + stars: | 2024-10-24 | 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 EmailFund manager: Stay away from Boeing shares as more problems are ahead for the companyMario Veneroso of Kingsview Asset Management says that Boeing has been "dead money" for awhile and he sees a tough road ahead even though it has a strong order book.

Persons: Mario Veneroso Organizations: Email, Boeing, Kingsview, Management

☆ 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

☆ 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

☆ After weeks of weather delays, NASA astronauts and Russian cosomonaut finally leave space station
▼ + stars: | 2024-10-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Denise-Chow-Byline-Jm.Jpg | Denise Chow | ) www.nbcnews.com time to read: +3 min

The summary Three NASA astronauts and a Russian cosmonaut left the International Space Station on Wednesday after weeks of delays. After weeks of delays due to inclement weather, three astronauts and a cosmonaut left the International Space Station on Wednesday, wrapping up an almost eight-month stint in orbit. NASA astronauts Matthew Dominick, Michael Barratt and Jeanette Epps and Russian cosmonaut Alexander Grebenkin departed the space station at 5:05 p.m. Had Crew-8 departed at the original time, that would have left astronauts without a way to get home should an urgent problem arise. Members of the group that departed the space station Wednesday spent their time there conducting research, scientific experiments and assisting with visiting spacecraft, including the problem-plagued Starliner.

Persons: Matthew Dominick, Michael Barratt, Jeanette Epps, Alexander Grebenkin, Hurricane Milton, Dominick, Barratt, Epps, Grebenkin, Butch Wilmore, Sunita Williams —, Nick Hague, Aleksandr Gorbunov —, Williams Organizations: NASA, SpaceX, Kennedy Space, Station Locations: Russian, Milton, Hurricane, Florida, Merritt Island, Fla

☆ Dow sinks sharply as Wall Street gears up for possibility of a Trump victory
▼ + stars: | 2024-10-23 | by ( Nicole Goodkind | Lucy Bayly | ) edition.cnn.com time to read: +3 min

Investors have been increasingly on edge about the prospect of former President Donald Trump winning the election, a possibility for which Wall Street has been preparing to a greater extent. While polls remain effectively dead-even, Trump’s prospects have grown since the start of this month in political betting markets. The tech-heavy Nasdaq Composite led the decline, ending the day down by 1.6%; while the S&P 500 and Dow both fell about 1%. Recent strong economic data has led traders to question whether the central bank might maintain higher rates for longer than anticipated. The current market environment suggests continued volatility ahead, said Torres, warning of the potential for further yield curve steepening and increased market turbulence ahead.

Persons: Donald Trump, Trump, ” Steven Ricchiuto, Kamala Harris, Dow, ”, José Torres, McDonald’s, Kelly Ortberg, Torres Organizations: New, New York CNN, Mizuho Securities, Treasury, Nasdaq, Dow, Interactive Brokers, Nvidia, Apple, Boeing, Federal Locations: New York, United States

☆ 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

☆ Any other CEO would have been fired for what Elon Musk just said
▼ + stars: | 2024-10-23 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Musk later deleted his X post that called the interview “very interesting” and “worth watching,” per the Independent. Musk rarely deletes his social media posts, no matter how inflammatory. Musk is the single biggest individual shareholder at Tesla, the only publicly traded business he owns. Litigation is a key part of the Musk playbook when it comes to any person or group challenging him or his businesses. Angry at advertisers for leaving his Nazi-tolerating social media site, Musk sued a nonprofit ad group out of existence.

Persons: CNN Business ’, Tweeting, ICYMI, Elon Musk, Musk, Hitler, Tucker Carlson’s, Winston Churchill, ”, Tesla, —, Kimbal Musk, Kathaleen McCormick, MAGA, it’s, ” Dan Ives, “, Grimes Organizations: CNN Business, New York CNN, Spiegel, Nazi, Independent ., Tesla, CNN, Trump, Wedbush Securities, SpaceX, NASA, Space, Boeing Locations: New York, Delaware, California

☆ New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
▼ + stars: | 2024-10-23 | by ( Leslie Josephs | ) www.cnbc.com time to read: +5 min

watch nowQuarterly lossesBoeing reported a more than $6 billion loss for the third quarter, its largest since 2020 when the pandemic halted most aircraft demand and its bestselling airplane was grounded after two crashes. It disclosed charges of more than $5 billion across its commercial and defense units and said it ended the third quarter with $10.5 billion in cash and marketable securities. Its commercial airplane unit's losses swelled to more than $4 billion from a $678 million loss a year before. Ortberg announced the departure of the defense unit's CEO, Ted Colbert, in September. He is expected to face questions on the call about which units or projects the company will consider shedding.

Persons: David Ryder, Kelly Ortberg, Ortberg, CNBC's Squawk, Brian West, Ted Colbert, we've, LSEG, Rockwell Collins, Max, weren't Organizations: Boeing Co, Bloomberg, Getty, Boeing, KC, International, NASA, CNBC, Alaska Airlines Locations: Renton , Washington, US

☆ 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

☆ 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

☆ 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

More than 90 flights from Indian airports have received bomb threats in just over a week, including about 50 on Saturday and Sunday alone, according to local media reports. Bomb threats against airlines are taken especially seriously in India, which was rattled by a series of bombings and hijackings from the 1970s to 1990s. Two days later, the British air force dispatched a fighter jet to intercept an Air India Boeing 777 en route to London. Air India said it would consider legal action against those responsible and was cooperating with the authorities to identify the perpetrators. Police in Mumbai have arrested one person on suspicion of posting bomb threats against at least three flights, Kinjarapu said Wednesday in a post on X.

Persons: Kinjarapu Ram Mohan Naidu, Kinjarapu, Ripudaman Singh Malik, ”, Sidharath Kapur, “, Kapur Organizations: Authorities, Indian Airlines, Air India, Airlines, ”, Air, Air India Express, Air India Boeing, London ., Police Locations: DELHI, India, United States, Kathmandu, Nepal, Delhi, Afghanistan, Toronto, New Delhi, ” Air India, Air India, New York, Mumbai, London, Chicago, Iqaluit

☆ Boeing strike will continue if union members don't vote for deal, says IAM 751 president Jon Holden
▼ + stars: | 2024-10-22 | 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 EmailBoeing strike will continue if union members don't vote for deal, says IAM 751 president Jon HoldenCNBC's Phil Lebeau sits down with Jon Holden, Union President of Boeing Machinists, to discuss the vote on the strike and what's next for his members.

Persons: Jon Holden, Phil Lebeau, what's Organizations: Boeing, Union

☆ 'Magnificent Seven' stocks are a bright spot Tuesday as the market bounces off its lows
▼ + stars: | 2024-10-22 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Mag 7: A bright spot in Tuesday's uneven tape is the "Magnificent Seven" stocks. Apple may be down off Verizon' s earnings and Nvidia also is a little lower, but both Club stocks closed at new highs Monday. 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, Nucor, Danaher, outlooked, We're, Larry Culp, Baker Hughes, Jim Cramer's, Jim Organizations: CNBC, ., GE Aerospace, Club, Apple, Verizon, Nvidia, Microsoft, Meta, Seagate Technology, chipmaker Texas, Enphase Energy, GE, Boston Scientific, Jim Cramer's Charitable Locations: Danaher

☆ New Boeing CEO to give clues on company's future, while striking workers vote on new contract
▼ + stars: | 2024-10-22 | by ( Leslie Josephs | ) www.cnbc.com time to read: +5 min

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. Narrowing businessesOrtberg, a longtime aerospace veteran who previously ran Rockwell Collins, took the reins at Boeing in early August. Boeing's new CEO Kelly Ortberg visits the company's 767 and 777/777X programs' plant in Everett, Washington, U.S. August 16, 2024. watch nowMending ties with workers, stabilizing supply chainThe results of the union vote will come out hours after the earnings call. Meanwhile, the strike is costing Boeing $1 billion a month, according to S&P Global Ratings estimates.

Persons: Ryan Bergh, Jason Redmond, JASON REDMOND, Kelly Ortberg, Rockwell Collins, Ortberg, Marian Lockhart, Ken Herbert, Leslie Josephs Organizations: International Association of Machinists, Aerospace Workers, Seattle Union Hall, Getty, AFP, Boeing, Reuters, Air Force One, Workers, CNBC Locations: Everett , Washington, Seattle , Washington, AFP, underperformance, Everett , Washington , U.S, Seattle, Renton , Washington

Qatar Airways Group CEO Badr Al Meer (center) and Qatar Tourism Chairman Saad bin Ali Al Kharji (left) speak with Elon Musk (right) via Starlink on board the flight. Qatar Airways launched Tuesday its inaugural Boeing 777 flight equipped with Elon Musk's Starlink internet, paving the way for a new era of in-flight connectivity across its entire fleet by next year. To demonstrate the milestone, Qatar Airways CEO Badr Al Meer held a video call with Starlink founder Musk while flying at 35,000 feet from Doha to London. Qatar Airways' move to introduce free high-speed internet across its fleet is a direct challenge to competitor airlines who typically offer lower-speed and often patchy paid services, or status-restricted wi-fi access to the flying public. Over time I think you'll find it just gets better and better," Musk said before Al Meer gave him a video tour of the cockpit.

Persons: Badr Al Meer, Saad bin Ali Al Kharji, Elon Musk, Elon Musk's, Musk, We're, Al Meer, Saad bin Ali Al, Kharji Organizations: Qatar Airways Group, Qatar Tourism, Qatar Airways, Boeing, Elon, Qatari, Airbus Locations: Qatar, Starlink, Doha, London, Qatari

☆ Stock market today: Indexes slide and yields rise as rate-cut outlook dims
▼ + stars: | 2024-10-22 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

On the earnings front, Tesla, UPS, and Boeing will report later in the week. AdvertisementUS stocks headed for their second losing session in a row, with major indexes slumping Tuesday morning amid a rise in bond yields. The key bond yield jumped above 4.2% for the first time since July. Boeing is also due to report on Wednesday, while UPS will report results on Thursday. Here's where US indexes stood at the 9:30 a.m. opening bell on Tuesday:Here's what else happened today:AdvertisementIn commodities, bonds, and crypto:

Persons: Stocks, —, Patrick Harker, Tesla Organizations: UPS, Boeing, Service, Treasury, Federal Reserve, Fed, Philadelphia Fed Locations: Here's

☆ Elon Musk joined a video call at 38,000 feet to show off Qatar Airways' new Starlink WiFi
▼ + stars: | 2024-10-22 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Qatar Airways' first flight using Elon Musk's Starlink took off on Tuesday. The SpaceX CEO previously joined a video call with the Qatar CEO, who was on board a test flight. AdvertisementQatar Airways has launched its first flight featuring Elon Musk's Starlink internet. On a previous test flight, Musk joined a video call with Qatar Airways CEO Badr Mohammed Al-Meer. Related stories"It's only going to get better," Musk replied.

Persons: Elon Musk's Starlink, —, Elon Musk's, Musk, Badr Mohammed Al, Meer, Saad bin Ali Al, Skytrax — Organizations: Qatar Airways, Elon, SpaceX, Business, Service, Boeing, London Heathrow, Airbus, Qatar Tourism, Qatar —, Skytrax, Hawaiian Airlines, United Airlines, Air Locations: Qatar, Doha, Al, Air France

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