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Boeing posts larger-than-expected Q2 loss as Air Force One costs rise
Reuters9d agoneutral
Boeing posts larger-than-expected Q2 loss as Air Force One costs rise

SEATTLE, July 28 (Reuters) - Boeing on Tuesday reported a larger-than-expected quarterly loss after taking a $280 million charge on its troubled ‌Air Force One replacement program, but generated positive free cash flow ‌as its turnaround plans gained momentum. It took the charge due to higher engineering costs to ​ensure it delivers the two delayed U.

From Cracker Barrel to Boeing, Companies Are Turning to Retired CEOs
The Wall Street Journal9d agoneutral
From Cracker Barrel to Boeing, Companies Are Turning to Retired CEOs

In January, a headhunter from search firm Spencer Stuart started calling restaurant industry executives with a proposition: Would you come to Cracker Barrel as the next CEO? Cracker Barrel’s decision to select a 69-year-old former restaurant executive to lead the chain highlights the emerging practice of boards calling in retired chief executives from the sidelines to help engineer high-profile turnarounds. In recent years, Boeing Verizon Communications and others have all chosen once-retired CEOs.

Tech Earnings, Fed Rate Decision: What to Watch This Week
The Wall Street Journal9d agoneutral
Tech Earnings, Fed Rate Decision: What to Watch This Week

Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.