Boeing is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages of some undelivered jets, two people familiar with the matter said. The…
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Business
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More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates. New listings from home sellers jumped in May, up 13% from a year ago, according to…
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Stock splits, long out of favor, are making a comeback. It started with Walmart, which announced a 3-for-1 stock split on Jan. 30, with the additional shares being distributed on Feb. 23. And from there, it…
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WASHINGTON — Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s quarterly meeting, multiple attendees told CNBC. “Trump doesn’t know what he’s talking about,” said one CEO who…
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Netflix is trying to get ready for some football. The streaming giant has been reaching out to broadcasters this week in the hopes of finding a partner to produce the NFL games it will air on…
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Boeing and Airbus, the two biggest commercial airline makers, may have used titanium sold using fake documents, according to evidence from a supplier that has triggered a Federal Aviation Administration investigation. The FAA said in…
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Dollar Tree announced Wednesday it is considering a sale of its more grocery-focused Family Dollar brand. The company had recently shared plans to close almost 1,000 Family Dollar stores in an attempt to revamp the struggling business. The…
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Business
GM CEO says commitment to all-electric fleet remains firm despite industry-wide sales slowdown
General Motors CEO Mary Barra says the storied automaker’s plan to turn its fleet 100% electric will now play out ‘over decades.’ In an exclusive interview with NBC News, Barra clarified the company’s previously stated…
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Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial intelligence boom. It is now the second-most valuable public company, behind Microsoft. Nvidia also hit a $3 trillion market cap milestone on Wednesday after shares…
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The Federal Aviation Administration has granted Archer Aviation a key certification that gets the electric air taxi maker closer to eventually flying travelers, the company said Wednesday. Archer is making electric vertical takeoff and landing aircraft, or…