Wednesday, April 29, 2020

Boeing to shrink workforce, raise cash as coronavirus slams jet industry

Boeing to shrink workforce, raise cash as coronavirus slams jet industry After the market close, SP lowered its credit rating for Boeing to BBB-, one step above junk, saying that earnings and cash flow over the next few years are likely to be lower

from Moneycontrol Business News https://ift.tt/2WabPa2

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...