Money

Boeing halts 787 Dreamliner deliveries

Published

1 year ago

February 24, 2023

ticker NEWS

Boeing is in strife.

The planemaker has been forced to halt deliveries of its 787 Dreamliner jets as it carries out tests on a key part.

Deliveries will not resume until America’s aviation body is satisfied a fuel issue has been addressed.

The FAA is also working with Boeing to determine any actions that may be required for recently delivered planes.

Boeing says it “discovered an analysis error by its supplier related to the 787 forward pressure bulkhead”.

After notifying the relevant authorities, it paused 787 deliveries while the required analysis and documentation is completed.

The company says there is no immediate safety or flight concern for the in-service fleet.

Earlier reports show Boeing has not handed over a Dreamliner since January 26, with dozens stored awaiting delivery because of a documentation issue.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

3 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

3 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

4 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending