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Boeing shares rise amid signs of turnaround

  Bloomberg Boeing Co would consider selling stock to repair its balance sheet if its battered shares recover and the company hits milestones like finally restarting 787 Dreamliner deliveries, Chief Financial Officer Brian West said. “All options are on the table,” West told a Goldman Sachs Group Inc conference. While a prominent customer has publicly questioned the company’s strategic vision ...

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Global stocks tumble amid inflation worries; dollar up

  Bloomberg Global stocks and US equity-index futures tumbled as stubborn inflation in the world’s biggest economy bolstered the case for more aggressive monetary tightening by the Federal Reserve. Contracts on the S&P 500 Index slid 0.7% after the equity gauge slumped to the lowest level since March 2021. Nasdaq 100 futures lost 1.1%. Equity benchmarks from Hong Kong to ...

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Crypto billionaires’ vast fortunes are destroyed in weeks

  Bloomberg Coinbase Global Inc founder Brian Armstrong had a personal fortune of $13.7 billion as recently as November and about $8 billion at the end of March. That’s now just $2.2 billion, according to the Bloomberg Billionaires Index, after a selloff in digital currencies from Bitcoin to Ether triggered a precipitous decline in the market value of Coinbase, the ...

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