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Machinists union rejects Boeing contract offer, extending strike
Fox Business· 2024-10-25 05:35
The union representing 33,000 striking machinists at Boeing rejected the company's latest contract offer Wednesday evening, extending a strike that has strained aircraft production. The International Association of Machinists and Aerospace Workers (IAM) has been on strike since Sept. 13 as they try to extract more concessions from Boeing in their next labor contract. Earlier this month, the IAM said Boeing offered a 35% wage hike over four years, a new incentive plan and a $7,000 ratification bonus, as well ...
Costco's 'Netflix moment' big win
Fox Business· 2024-10-24 20:01
Costco's introduction of membership card scanners at the front of U.S. stores is still rolling out, but the move is already paying off big for the wholesale club. Morgan Stanley analysts wrote in a note this week that Costco warehouses are seeing as much as low double-digit increases in membership counts after implementing the scanners, and suggested the high conversion rates of previously non-paying customers could lead to the retailer's "Netflix moment." Ticker Security Last Change Change % COST COSTCO WH ...
ETFs heavy in Elon Musk's Tesla
Fox Business· 2024-10-24 19:33
Tesla did not disappoint and CEO Elon Musk made that clear. "It is notable that Tesla is profitable despite a very challenging environment. And this quarter, actually, is a record Q3 for us" he told investors on the company’s earnings call, while also noting cheaper models are coming. "We are still on track to deliver more affordable models starting in the first half of 2025," he added.Ticker Security Last Change Change % TSLA TESLA INC. 213.65 -4.32 -1.98% Wedbush Securities analyst Dan Ives said Tesla ...
Costco's 'Neflix moment' big win
Fox Business· 2024-10-24 18:31
文章核心观点 Costco在美国门店引入会员卡扫描仪已初见成效,会员数量有低两位数增长,摩根士丹利分析师认为这可能带来类似Netflix打击密码共享后付费用户增长的“Netflix时刻”,公司还可通过转化非付费用户新增400万会员,且扫描仪有助于提升运营效率 [1][4] 分组1:Costco会员卡扫描仪成效及前景 - Costco实施会员卡扫描仪后会员数量有低两位数增长,高转化率或带来“Netflix时刻” [1] - 摩根士丹利分析师认为公司可通过转化北美非付费会员新增400万会员 [4] 分组2:Netflix打击密码共享成果 - Netflix自去年限制密码共享后新账户显著增加,2024年第一季度新增930万注册用户,是2023年同期的五倍 [2] 分组3:Costco会员卡扫描仪作用 - 公司在欧洲门店使用会员卡读卡器超两年,在美国试点约六个月 [4] - 扫描仪可提供实时客流量数据,便于调整前端收银线,还能更好监控新鲜食品情况 [6] - 扫描仪将会员验证环节移至前门,可提前通知会员续费,加快结账流程,受会员好评 [6] 分组4:股价信息 - Costco Wholesale Corp.股价899.17,涨5.68,涨幅0.64% [1] - Netflix Inc.股价749.29,跌14.95,跌幅1.96% [3]
Apple and Goldman Sachs ordered to pay $89M over Apple Card failures
Fox Business· 2024-10-24 04:16
The Consumer Financial Protection Bureau (CFPB) on Wednesday ordered Apple and Goldman Sachs to pay $89 million over mishandled transaction disputes and misrepresentations that impacted hundreds of thousands of Apple Card users. The CFPB found a breakdown in how customer service for the Apple Card handled consumer disputes, as Apple failed to send tens of thousands of disputes to Goldman Sachs and when it did send them, the bank failed to abide by federal requirements for investigating the disputes. The age ...
Boeing CEO says 'trust in our company has eroded,' calls for 'fundamental culture change'
Fox Business· 2024-10-24 00:21
文章核心观点 - 波音公司CEO Kelly Ortberg承认公司面临信任危机和财务挑战,并提出了一系列措施以恢复领导地位和稳定业务 [1][2][3][4][5] 公司现状 - 波音公司面临持续的机械师罢工,影响生产,同时因一系列事件如737 Max 9门板空中爆裂事件导致信心丧失 [1] - 公司资产负债表下滑,正努力防止信用评级被降为“垃圾”级别 [1] - 公司背负过多债务,因公司范围内的严重表现失误导致客户失望,信任受损 [1] 应对措施 - 需要进行根本的文化变革,稳定业务,并在新平台上提高执行纪律 [1] - 领导层需要更紧密地与业务和产品设计生产人员整合,防止问题恶化,加强团队合作以识别、修复和理解根本原因 [2] - 引入更详细的业务节奏,确保文化变革不仅仅是墙上的海报,重新定义的价值观将用于衡量领导者在交付安全和高质量产品和服务方面的表现 [2] - 稳定业务是自8月上任以来的核心关注点,公司有一些重大问题需要解决以推动公司前进 [2] - 结束IAM的罢工是首要任务,公司正在积极寻找解决方案,希望提出的方案能让员工重返工作岗位,立即专注于恢复公司 [3] - 重启工厂和供应链非常关键,公司有详细的重返工作计划,并期待所有人回归并开始执行该计划 [3] - 公司已开发并实施安全质量计划,该计划将作为联邦航空管理局决定是否增加737生产率的标准之一 [3] - 管理资产负债表以支持保持投资级信用评级是另一重要任务,公司有计划并正在执行,对保持投资级评级有信心 [4] - 上周,波音宣布计划筹集高达350亿美元的资金以巩固资产负债表并保持投资级信用评级 [4] 公司前景 - 波音公司拥有约5000亿美元的工作积压,客户基础希望并需要公司成功,员工渴望回到他们所熟知的标志性公司,设定产品交付的标准 [5]
Passengers sue Frontier Airlines after flight catches fire during landing in Las Vegas
Fox Business· 2024-10-23 18:03
事故概述 - Frontier Airlines 一架航班在拉斯维加斯机场降落时起火 三名乘客因此受伤并提起诉讼 [1] - 航班号为 Frontier Flight 1326 从加利福尼亚州圣地亚哥飞往内华达州拉斯维加斯 事故发生于10月5日 [1] - 飞机在降落时发生剧烈撞击 导致轮胎爆炸 起落架脱落 并引发火灾 [2] 事故细节 - 飞行员在降落时检测到烟雾并宣布紧急情况 机上共有190名乘客和7名机组人员 [2] - 乘客声称飞机在没有任何警告的情况下"猛烈坠地" 并在烟雾弥漫的机舱内被困约一小时才被疏散 [2] - 航空公司最初声称没有人员受伤 但诉讼显示乘客遭受了创伤 [2] 诉讼内容 - 三名乘客声称事故导致情绪困扰 痛苦 工资损失 医疗费用和家庭服务损失 [3] - 诉讼指控航空公司未能以合理的安全标准维修 检查 维护和操作飞机 [3] - 三名乘客表示受伤和损失已造成约30,000美元的经济损失 [3]
Denny's to close 150 restaurant locations
Fox Business· 2024-10-23 07:01
文章核心观点 公司将关闭部分丹尼餐厅并对其他门店进行改造 以提升品牌整体健康状况和未来业绩 [1][3] 餐厅调整计划 - 公司将关闭150家丹尼餐厅 这些餐厅将于2025年底前关闭 其中数十家将于今年关闭 [1] - 其他国内丹尼餐厅将通过各种策略进行“改造” 包括可能被“更强的运营商”收购 [1] - 公司预计2024年将在两个品牌下开设30 - 40家餐厅 合并净减少45 - 55家 其中12 - 16家将是可可早餐咖啡馆 [3] 餐厅运营情况 - 截至9月底 公司在全球经营着1525家餐厅 [2] - 截至9月底 有61家可可早餐咖啡馆在运营 [3] 财务状况 - 第三季度 公司实现营业收入1.1176亿美元 较去年同期三个月下降2.1% 净收入缩小至652万美元 [3] - 公司预计全年调整后的息税折旧及摊销前利润为81 - 8400万美元 此前预期为83 - 8700万美元 [4] 股价表现 - 公司股价为5.47美元 下跌1.17美元 跌幅17.62% [4]
Walmart launches nationwide same-day prescription delivery
Fox Business· 2024-10-23 00:16
Walmart announced on Tuesday that it will deliver prescription drugs from stores directly to customers as it competes with rivals like Amazon. The Arkansas-based retailer is joining a list of companies including Amazon, CVS and Walgreens that have embraced the trend of delivering prescriptions directly to consumers that have become more reliant on e-commerce. Walmart's service applies to both new prescriptions along with medication refills, according to the retailer. All medication – barring some exceptions ...
Target cutting prices on 2,000 items ahead of holiday shopping season
Fox Business· 2024-10-22 23:15
Target is slashing prices on 2,000 items this holiday season to gain an edge over competitors during this critical shopping period. This marks its second round of price cuts, following a successful summer effort that boosted sales despite cautious consumer spending. On Tuesday, the Minneapolis-based retailer said it will cut prices on its in-house and national brands, including food and beverages, everyday essentials, holiday gifts and items to prep the home for the holidays.The lower prices have already st ...