Saturday , 27 December 2025

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Boeing new boss Dave Calhoun takes charge

Bloomberg The opening gambits by Boeing Co’s new boss show the risks Dave Calhoun is willing to take to reset the deeply troubled planemaker. Calhoun, who officially took charge on Monday, pushed to release humiliating internal messages last week even though they may darken public perception for years to come — with Boeing’s own employees suggesting rot in a once-vaunted …

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American Eagle’s Times Square store seeks new tenant

Bloomberg The search is on for a tenant at a Times Square building that is home to American Eagle Outfitters Inc’s mega-flagship store. Real estate brokers are marketing the entire four floors at 1551 Broadway, in the heart of the busy tourist district, according to people with knowledge of the matter, who asked not to be named because the plans …

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Saudi Aramco raises IPO to record $29.4bn

Bloomberg The world’s biggest initial public offering turned out even bigger than initially thought. The final amount raised by Saudi Aramco’s sale totaled $29.4 billion as Goldman Sachs Group Inc., one of the underwriters of the world’s biggest IPO, exercised the option to place some shares that were initially separated to avoid price swings, according to a statement. It said …

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