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Business

“Boeing expects to burn cash again in third quarter after wider-than-expected loss” [Jul 31 2024]

“Boeing reported a bigger loss and weaker revenue than analysts expected for the second quarter. Both the company’s commercial and defense units have been challenged by programs running behind schedule and higher-than-expected costs. The company is under increased federal scrutiny… Continue Reading…

Business, Cryptocurrencies

“GameStop reports wider loss, announces partnership with crypto exchange FTX”

“GameStop said Wednesday that quarterly sales declined and losses widened, as it burned through cash and inventory swelled. The video game retailer also disclosed a new partnership with crypto exchange FTX. Shares of the company rose more than 6% in premarket trading Thursday.… Continue Reading…