Fortune16m
Boeing just signed to buy a key supplier—and may have found its next CEO, too
Tom Williams—CQ Roll Call/Getty Images On July 1, Boeing announced that it will purchase its largest supplier, Spirit AerosSystems, for $4.7 billion. As producer of all the fuselages for Boeing’s best ...
Fortune36m
Revolut billionaire Nik Storonsky set for a 9-figure payday as part of upcoming $500 million share sale
Luke MacGregor/Bloomberg via Getty Images Revolut’s cofounder and CEO Nik Storonsky is preparing to turn part of his multibillion-dollar paper wealth into cold hard cash as part of the U.K. fintech’s ...
Fortune43m
How homeowners liability coverage can protect you
Kaitlyn Koterbski earned a bachelor's Degree from the University of Wisconsin-Madison in personal finance with an emphasis in financial planning and a certificate in entrepreneurship. She currently ...
Fortune57m
Toxic arsenic and lead detected in tampons sold in the U.K., Greece, and the U.S., according to first-ever tampon study
Sanitary products and tampons on sale in a supermarket. The researchers did not cite the brands used in the study. Jane Barlow/PA Images via Getty Images Researchers found more than a dozen metals, ...
Fortune59m
France’s leftists win shock victory prompting a ‘double-edged sword’ as investors grapple with fear and uncertainty
EMMANUEL DUNAND/AFP via Getty Images French markets erased initial losses as investors speculated that the lack of a clear majority in the election means the next government will have to compromise, ...
Fortune1h
Boeing will admit fraud charge to avoid criminal trial over 737 Max crashes that killed 346 people
Boeing will plead guilty to a criminal fraud charge stemming from two crashes of 737 Max jetliners that killed 346 people ...
Fortune11h
Paramount Global special committee backs merger with David Ellison’s Skydance Media
Skydance Media CEO David Ellison at the Golden Globe Awards in January. Kevin Winter—GA/The Hollywood Reporter via Getty Images David Ellison inched closer to an acquisition of Paramount Global, the ...
Fortune11h
Hedge funds have no idea what to do about Tesla as shares rally while Trump, tariffs, and backlash against ‘woke’ EVs loom
Hedge funds piled into short bets against Tesla Inc. right before the electric vehicle maker unveiled a set of numbers that triggered a hefty share-price rally. About 18% of the 500-plus hedge funds ...
Fortune11h
Texas braces for Beryl as storm threatens to regain hurricane strength before making landfall
Beryl began lashing Texas with rain and intensifying winds Sunday as coastal residents boarded up windows, left beach towns under evacuation orders and prepared for the powerful storm that has already ...
Fortune12h
Euro falls as France’s left wing looks to score stunning election victory, raising fears of more spending and deeper deficits
The euro fell after initial projections in France’s legislative elections pointed to a shock victory for the leftist alliance, whose campaign for a sharp increase in government spending risks ...
Fortune12h
Lumber prices are nearing all-time lows but could be headed for a rebound, executive says. ‘We are extremely, extremely cheap’
Lumber tends to lead other construction materials and will be first to go down and first to recover, Sherwood Lumber COO Kyle Little said. Getty Images After dipping below post-pandemic lows this past ...
Fortune16h
The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says
Get ready for a bonanza of rate cuts from the Federal Reserve that starts in a few months and extends all the way into next summer, according to analysts at Citi Research. In a note on Friday, the ...