Recent Posts

Travel flop undercuts 737 Max return

Boeing Co’s 737 Max may be on track to finally return to commercial service later this year, but the plane’s biggest customer isn’t eager for fresh deliveries. Southwest Airlines Co doesn’t expect to take any new Max jets this year, Chief Executive Officer Gary Kelly said in an interview with Bloomberg News. The airline had previously said it would add ...

Read More »

Tesla’s $200b question remains unanswered

You know Tesla Inc is maturing as a carmaker when it manages to be slightly dull. The earnings update was even more eagerly anticipated than usual after the recent surge in its share price. Elon Musk’s company has added an astonishing $200 billion to its already ample market capitalisation since the end of March. Confirmation that Tesla will add a ...

Read More »

A $2bn bet on Pfizer’s virus vaccine is worth it

US just took a step beyond funding Covid-vaccine research towards actively securing shots. The government signed an agreement with Pfizer Inc and BioNTech securing 100 million doses of their vaccine candidate for $1.95 billion, payable if the inoculation succeeds in clinical trials and gets approved by the Food and Drug Administration. Vaccine pricing is always contentious, and even more so ...

Read More »
Send this to a friend