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January 24, 2020

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Dow down, GE jumps, Tesla rebounds, utilities at records

CNBC
by CNBC03
CNBC – For more and to sign up click here This is a live blog. Check back for updates. 10:05 am: Utilities hit record highs 9:58 am: Travelers hits the Dow Not a name we talk about everyday, but Travelers is having an outsized impact on the Dow on Thursday,......
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Boeing ‘a big disappointment to me’ as 737 Max crisis grows

CNBC
by CNBC06
CNBC – For more and to sign up click here President Donald Trump on Wednesday called Boeing a “big disappointment” after the manufacturer pushed back when it expects its beleaguered 737 Max to return to service after two fatal crashes. “Very disappointing company,” Trump told CNBC’s Joe Kernen in an......
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CNBC Business

Boeing doesn’t expect regulators to sign off on 737 Max until mid-2020

CNBC
by CNBC01
CNBC – For more and to sign up click here Boeing is telling airlines and suppliers that it doesn’t expect regulators to sign off on the 737 Max until the middle of 2020, months later than the manufacturer previously expected. The extended delay poses another headache for carriers who have......
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Aerion’s AS2 silent supersonic jet aims to fly by 2024

CNBC
by CNBC010
CNBC – For more and to sign up click here NEW YORK CITY – Supersonic air travel is only a few years from returning if a small U.S. company succeeds in developing its next-generation jet. Nevada-based Aerion expects to begin flying its AS2 supersonic jet by 2024, the company’s CEO......
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CNBC Business

Boeing’s new CEO greeted with downgrade warning, lawmaker criticism

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by CNBC07
CNBC – For more and to sign up click here Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing’s new CEO Dave Calhoun had a challenging first day running the company — a debt downgrade warning and outcries from lawmakers over his potential bonus. The decade-long Boeing board member......
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CNBC Business

Lululemon, Boeing, Tesla, Ford & more

CNBC
by CNBC011
CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Lululemon (LULU) – The apparel maker raised its earnings and revenue guidance for the fourth quarter, citing holiday season momentum. Lululemon now expects a profit of $2.22 to $2.25 per share......
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CNBC Business

New Boeing chief executive takes over with the 737 Max crisis unresolved

CNBC
by CNBC08
CNBC – For more and to sign up click here Boeing’s new Chief Executive David Calhoun assumes the job Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 Max planes that killed 346 people in five months and led to the model’s worldwide grounding in......
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Here’s what we know about Flight 752

CNBC
by CNBC07
CNBC – For more and to sign up click here A colleague of one of the flight crew members of the Ukrainian 737-800 plane that crashed on the outskirts of Tehran, lights candles at a memorial inside Borispil international airport outside Kyiv, Ukraine, Wednesday, Jan. 8, 2020. Efrem Lukatsky |......
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CNBC Business

Value is beating growth only because of the way Apple is classified

CNBC
by CNBC012
The much-publicized success of value stocks in 2019 looks different when you drill down into specifics, Karen Firestone writes. Source link: Click here for more...
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CNBC Business

Boeing to suppliers: No 737 Max parts for a month as crisis prompts production halt

CNBC
by CNBC031
Boeing told suppliers to halt 737 Max parts for a month, starting in January, as it prepares to suspend production of the planes. Source link: Click here for more...
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CNBC Business

Boeing ousts CEO amid 737 Max crisis—what Cramer and other pros are watching now

CNBC
by CNBC010
Boeing CEO Dennis Muilenburg is out as the airplane manufacturer’s 737 Max crisis rolls on, but Wall Street pros largely see the move as a positive for the company. Source link: Click here for more...
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CNBC Business

‘He’s not new blood.’ What to know about Boeing’s new CEO as 737 Max crisis drags on

CNBC
by CNBC015
Calhoun is a longtime Boeing board member, having served while the company’s decisions about the 737 Max were made, and he is no stranger to crises nor to aviation. Source link: Click here for more...
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CNBC Business

Boeing CEO had to be fired in order for the 737 Max to get FAA certified, Jim Cramer says

CNBC
by CNBC010
“It was impossible to get clearance with all these different entities as long as he was there, because he presided over what happened,” CNBC’s Jim Cramer says. Source link: Click here for more...
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CNBC Business

The decade in media: Content was king, then distributors went shopping

CNBC
by CNBC017
Over the last 10 years, it turned out that distributors — AT&T, Verizon, Comcast and Netflix — were the kingmakers, spending billions on content and leaving smaller media companies scrambling to find their own buyers. Source link: Click here for more...
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CNBC Business

Tesla’s Musk says solar, energy storage will grow faster than electric cars, and there’s some truth to it

CNBC
by CNBC027
Elon Musk recently said Tesla’s solar business can grow faster than its car business and there will be more focus on Tesla Energy, which includes battery storage. Recent efficiency gains in Model 3 production allow Tesla to shift focus, but the company has faced criticism, and a shareholder lawsuit, over......
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CNBC Business

Stocks making the biggest moves midday: Wynn Resorts, Starbucks, Autodesk, GE, Delta & more

CNBC
by CNBC015
Check out the companies making headlines in midday trading. Source link: Click here for more...
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CNBC Business

Tesla, GE and Uber make list of the most divisive stocks on Wall Street

CNBC
by CNBC016
The stocks that deeply divide Wall Street analyst opinions — led by Tesla. Source link: Click here for more...
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CNBC Business

Everything Jim Cramer said on ‘Mad Money,’ including Disney+ stats, buying Peloton, 5G rollout, Dexcom

CNBC
by CNBC020
CNBC’s Jim Cramer hails Bob Iger’s leadership at Disney, explains the right time to buy shares of Peloton, sits down for an interview with Dexcom CEO Kevin Sayer and breaks down the 5G rollout. Source link: Click here for more...
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