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The Latest Breaking News from Third Bridge

Prolonged Strike Clouds New Boeing CEO's Turnaround

The quest by Boeing's new CEO to revive the aviation giant's fortunes suffered a serious blow when striking machinists voted down the latest contract proposal, prolonging a nearly six-week stoppage.

International Business Times

Boeing Reports $6.2 Bn Loss On Strike, Defense Contract Woes

Boeing reported a whopping $6.2 billion quarterly loss Wednesday as a nearly six-week labor strike weighed on its commercial plane division and costly problems dragged down its defense and space business.

International Business Times

The Future of Weight-Loss Drugs for Investors

Weight-loss drugs’ impact could reach far beyond their target user, potentially creating headwinds for shares of snack makers and packaged-food firms, as well as medical device makers that specialize in knee replacements, insulin pumps and sleep apnea machines.

Kiplinger

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Hundreds of Flights Axed as US Kicks Off Long Holiday Weekend

Airlines cancelled several hundred US flights Saturday at the start of a long and almost certainly messy holiday travel weekend as carriers struggled to staff their planes. As of mid-day, with Americans gearing up for July 4 Independence Day celebrations, some 600 flights within, into or out of the United…

Asharq Al-Awsat

BAE Systems to face 'fierce competition' from Google and Microsoft over cybersecurity

Experts at Third Bridge questioned whether BAE can be sufficiently agile in the rapidly changing defence industry

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