News
Musk’s visit highlights Boeing’s Air Force One problem
Musk’s Air Force One visit highlights Boeing’s struggles with delays and budget issues amid fierce competition from SpaceX.
Musk’s Air Force One visit highlights Boeing’s struggles with delays and budget issues amid fierce competition from SpaceX.
[stockdio-historical-chart stockExchange=”USA” symbol=”ba” displayPrices=”Lines” performance=”false” allowPeriodChange=”false” height=”350px”]
On December 18, Musk visited Boeing’s military aircraft facility in San Antonio, Texas.
The billionaire, assigned by former US President Donald Trump to reduce government inefficiency, arrived in his Gulfstream G650.
Elon Musk visits the Boeing factory in Texas.
He came to review the new version of Air Force One, which is significantly delayed and facing a budget overrun of $2.7 billion.
This situation has become a significant issue for Boeing’s CEO, Kelly Ortberg.
Musk’s involvement is particularly striking given that his company, SpaceX, competes directly with Boeing in the aerospace sector.
His inspection of the presidential jet highlights the challenges Boeing faces in fulfilling government contracts amidst high expectations and critical scrutiny.
News
Shoppers cut back this Black Friday as budgets tighten
UK shoppers are tightening budgets for Black Friday, expecting to spend £622—4% less than last year—favoring discounts.
UK shoppers are tightening budgets for Black Friday, expecting to spend £622—4% less than last year—favoring discounts.
Shoppers across the UK are revising their Black Friday game plan, tightening their budgets as economic pressures reshape spending behaviour. Many are approaching the sales season far more cautiously than before.
Consumers expect to spend an average of £622 this year — a 4% drop from last year — with many relying on discounts and promotions to stretch their budgets. Value is king, with 38% of shoppers saying they’ll only buy items that are at least 50% off.
Rising inflation and income disruptions are adding pressure, and even higher-income households plan to scale back spending across Black Friday and Cyber Monday. Brands and retailers will need to work harder to earn every pound this shopping season.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#BlackFriday2025 #HolidayShopping #ConsumerTrends #CostOfLiving #CyberMonday #RetailNews #ShoppingDeals #UKEconomy
News
National Guard ambush: Afghan man charged after D.C. shooting
Afghan national Rahmanullah Lakanwal arrested for shooting two National Guard members; FBI probes potential terrorism link.
Afghan national Rahmanullah Lakanwal arrested for shooting two National Guard members; FBI probes potential terrorism link.
An Afghan national, Rahmanullah Lakanwal, has been arrested after allegedly shooting two National Guard members in Washington, D.C. Authorities say Lakanwal previously worked with CIA-backed military units in Afghanistan before coming to the United States.
The victims, Sarah Beckstrom and Andrew Wolfe, remain in critical condition. Officials warn that if either victim dies, the charges could escalate to first-degree murder as the investigation intensifies.
The FBI is now examining the case as a potential act of terrorism, while the Department of Homeland Security has announced a review of all asylum cases approved under the Biden administration.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#WashingtonDC #NationalGuard #BreakingNews #USPolitics #FBIInvestigation #TerrorProbe #AsylumReview #TickerNews
News
Hong Kong construction bosses arrested after city’s deadliest fire in decades
Hong Kong arrests construction bosses after deadly fire kills 83; 279 still missing as investigation intensifies.
Hong Kong arrests construction bosses after deadly fire kills 83; 279 still missing as investigation intensifies.
Hong Kong has been shaken by the arrest of construction company bosses following the city’s most devastating fire in almost 80 years, which claimed at least 83 lives. The blaze erupted at the Wang Fuk Court housing complex in Tai Po, where renovation work was underway.
Authorities report that more than 4,600 residents lived in the high-rise blocks, with most victims found within two of the towers. Shockingly, 279 people remain unaccounted for nearly 24 hours after the fire first broke out.
The Hong Kong government has announced a HK$300 million emergency fund to support survivors and affected residents. Meanwhile, police are deepening their investigation, seizing documents and equipment from the company’s headquarters.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#HongKong #BreakingNews #AsiaNews #FireInvestigation #ConstructionNews #GlobalNews #TickerNews #WorldUpdates
-
News4 days agoCanva overtakes Atlassian as Australia’s top tech giant
-
Tech3 days ago
OpenAI launches shopping research tool for ChatGPT users
-
News2 days ago
xAI’s $15 billion raise, deadline pressure and Grokipedia launch
-
Shows5 days ago
Meet the fantastic four conquering Shanghai’s business landscape
-
News3 days ago
S&P 500 and Nasdaq rally on Alphabet’s AI boost
-
News4 days ago
Trump pushes Zelenskyy to accept controversial Ukraine peace deal
-
News2 days ago
U.S. retail sales slowdown sparks new fears ahead of Fed decision
-
News2 days ago
RBA holds rates as investors shift from property to stocks
