Tag Archives: Business

Boeing reports record airplane deliveries for 2018

Boeing says it delivered a record-high 806 airplanes in 2018, with single-aisle 737 jets accounting for well more than half of those deliveries. The record pace comes despite a 737 delivery backup that hit the planemaker’s plant in Renton, Wash., … Continue reading

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Boeing’s board boosts dividend by 20 percent

Boeing Co. reported today that its board of directors approved a 20 percent increase in the company’s quarterly dividend, to a level of $2.055 per share. The board also boosted its authorization for share repurchases from $18 billion to $20 … Continue reading

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SpaceX is looking for a loan — and baristas

Bloomberg News is quoting unnamed sources as saying that SpaceX is seeking to borrow $500 million in the leveraged loan market with Goldman Sachs’ help. Today’s report said that Goldman Sachs Group is leading the talks with potential investors this week. Neither … Continue reading

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How tech titans pick who they invest in

When big companies like Amazon, Boeing and Microsoft invest in startups, is it all about the startup? Or is it all about what the startup can do for the big company? The truth lies somewhere in the middle, representatives of … Continue reading

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How to boost Washington’s $1.8B space industry

A newly published economic report estimates the space industry’s contribution to Washington state’s economy at $1.8 billion and 6,200 jobs in 2018 — and goes on to suggest ways to boost the industry to a higher orbit. “The central Puget Sound region is … Continue reading

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Elon Musk says Saudis will back Tesla privatization

When Tesla CEO Elon Musk said he had “funding secured” for a plan to take the company private, he was referring to the Saudi Arabian sovereign wealth fund — whose executives had been pressing him for almost two years to take … Continue reading

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Elon Musk tweets about taking Tesla private

Tesla’s stock shot up sharply today after the company’s billionaire CEO, Elon Musk, tweeted that he was considering taking Tesla private at a price of $420 a share. “Funding secured,” he wrote. When the tweet-sized bombshell hit, Tesla’s stock was already trading … Continue reading

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