Tag Archives: Business

Boeing braces for impact of China’s virus outbreak

LYNNWOOD, Wash. — One of Boeing’s top market analysts says the concerns stirred up by China’s Wuhan coronavirus outbreak will affect airline profitability, passenger air traffic — and the economy as a whole. Randy Tinseth, vice president of marketing at … Continue reading

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Virgin Galactic’s stock soars and then levels off

Like the rocket plane it operates, Virgin Galactic’s stock price blasted off on its first day as a publicly traded company, and then glided to a somewhat lower altitude. The company, founded 15 years ago by British billionaire Richard Branson, … Continue reading

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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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