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Transcripts For KQED Nightly Business Report 20240714

The dow was dragged lower in part because of boeing, which reported a massive loss for the Second Quarter. It also warned about something that no shareholder wants to hearabout, that itay have to halt production of its 737 max if the grounng of the jet liner drags on much longer. That pushed the stock 3lower in todays trade. Phil lebeau is on the story for us tonight. Reporter with the 737 max grounded for months, boeing ceo Dennis Muilenburg says his company could shut down the max Assembly Line if the current plan for recertifying the plane this fall is pushed back even further. If any of the timeline assumptions change significantly from start of the Fourth Quarter return to service, then we will have to evaluate alternatives, and those alternatives could include different production rate they could include a temporary shutdown of the line. Not something we want to do, but an alternative that we have to prepare for. Reporter stocting pron could mean temporarily laying off thousands

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Transcripts For CNBC Squawk Box 20240714

Restarting next week thathelped things in asia. In europe, its a bit of a mixed picture. The dax up by 0. 1 you do see red arrows for both the cac and the ftse the ftse, well talk more about Boris Johnson who will become the Prime Minister there today ftse now down about 0. 8 stocks are flat in italy and in spain. If you check out the treasury yields here in the United States, you will see this morning the tenyear is yielding 2. 057 the big story of the morning, shares of Big Tech Companies like google, amazon and facebook, theyre under pressure after the u. S. Justice Department Said theyre opening a broad antitrust review of Technology Firms the review was scrutinikru desie if these companies are stifling information and harming consumers. The Justice Department does not name specific companies, but it is likely to encompass google, foos facebook this is the real first shot across the bow by william barr and the doj. You know you have the democrats, you have the republicans also afte

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Northwest Asian Weekly sold — Assunta Ng passes the torch to next-generation ownership group

Northwest Asian Weekly sold — Assunta Ng passes the torch to next-generation ownership group
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Dear readers: Saying goodbye is critical for survival

Dear readers: Saying goodbye is critical for survival
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Bush Garden, site of activism, to reopen

Bush Garden, site of activism, to reopen
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