Boeing showed it's bouncing back from its turmoil as it won several victories from Donald Trump's trip to the Middle East. On Wednesday, Qatar Airways agreed to buy at least 160 Boeing jets, in a deal the White House valued at $96 billion. It is the planemaker's largest-ever order for wide-body aircraft.While the two CEOs signed certificates and shook hands, Trump and the Emir of Qatar applauded from behind the ornate desk. The president gave Boeing's Kelly Ortberg a pat on the back. It's rare to see head ...

Tesla's robotaxi debut in Austin will be invite-only and have a lot of teleoperators, Morgan Stanley's Adam Jonas said. During a recent visit to Tesla's Palo Alto office, the analyst got details on what the EV company's robotaxi launch will look like."Austin's a 'go' but fleet size will be low," Jonas wrote in a note published Friday. "Think 10 to 20 cars." Tesla said in an April 22 earnings call that the "pilot launch" will have a limited fleet.The analyst also wrote that the robotaxis will operate on pu ...

Sundar Pichai said he still wonders about some decisions Google has made — one of them being that the company never acquired Netflix. The Google CEO gave a wide-ranging interview on the "All-In Podcast," which posted Friday. At the end of the talk, host David Friedberg, a former Googler himself, asked Pichai about his proudest moments — and biggest regret."We debated Netflix at some point, super intensely inside," Pichai said.Pichai, who has been with the company since 2004 and became CEO about 10 years ag ...

The nation's biggest pay-TV provider is getting even bigger — and not a moment too soon. Cable giant Charter unveiled plans on Friday to merge with Cox in a $34.5 billion deal. The deal could offer the companies a lifeline at a time when the pay-TV business is on shaky ground and losing subscribers to cord-cutting.A Charter-Cox combination would be better equipped to battle Comcast in broadband internet, cellphone service, and pay TV. Leaders at both companies pitched the merger as a win for customers, emp ...

Walmart's big bet on delivery is finally starting to pay off. After years of effort and billions of dollars, the retailer is on the verge of being able to deliver to 95% of the US population within three hours, CEO Doug McMillon said during the company's first-quarter earnings call on Thursday.That's faster than Amazon (though Walmart's selection of products available for such speedy delivery is smaller). Not only is its delivery reach getting wider, the company handled nearly twice as many three-hour d ...

A key member of President Donald Trump's administration made an especially well-timed stock trade last month, according to a disclosure made public this week. Attorney General Pam Bondi sold off her shares of Trump Media Stock on April 2 — the same day as Trump's "Liberation Day" tariff announcement, which sent stock prices plunging in the days afterward.The exact value of Bondi's shares at the time are unknown, but they were worth more than $3.9 million in December, according to documents obtained by BI a ...

Tesla has tapped a veteran Chipotle executive to be the newest member of its board of directors. Jack Hartung, who served as CFO of the Mexican fast-food chain for 22 years, will join Tesla's board in June, the automaker announced on Friday.Hartung moved from CFO to president and chief strategy officer of Chipotle last year, following the departure of CEO Brian Niccol to lead Starbucks. Tesla said he would retire from his executive role on June 1st but would remain a senior advisor to Chipotle.Hartung wil ...

The company behind "Grand Theft Auto 6" tried to spin the game's delayed release as a good thing during an earnings call on Thursday. "I believe affording Rockstar additional time for such a groundbreaking project is a worthy investment," Take-Two CEO Strauss Zelnick said.Zelnick went so far as to call the crime-filled video game the "most anticipated entertainment property of all time." Wall Street doesn't seem to be buying it, however.Rockstar Games, which produces the "Grand Theft Auto" series, announc ...

President Donald Trump's shifting trade policy is causing headaches for America's largest retailer. While Walmart CFO John David Rainey welcomed the recent reduction in tariffs, he said the company is not out of the woods yet."Let me emphasize, we still think that's too high," he said of the latest rates during Walmart's earnings call on Thursday. Walmart says it imports about one-third of what it sells in the US from other countries, namely China, Mexico, Canada, Vietnam, and India, and that cargos are ...

"It's more than any supplier can absorb. And so I'm concerned that the consumer is going to start seeing higher prices. You'll begin to see that, likely towards the tail end of this month, and then certainly much more in June." Walmart also reported major growth in revenue from its membership programs, with global membership fee income up nearly 15%. The company doesn't disclose publicly how many Plus members it has, but it is estimated at more than 15 million, according to Barclays. CEO Doug McMillon gave ...