Airbus Maintains 2024 Delivery Target of 870 Aircraft Despite Engine Challenges
European aircraft manufacturer Airbus says it remains on track to deliver approximately 870 commercial aircraft in 2024, up from 793 deliveries in 2023.
European aircraft manufacturer Airbus says it remains on track to deliver approximately 870 commercial aircraft in 2024, up from 793 deliveries in 2023.

Federal Reserve rate cut expectations have been pushed further into the future after inflation data came in above forecasts, with officials projecting cuts in 2026.

Recent tax data reveals increasing refunds nationally while some states see revenue impacts from new millionaire taxes and corporations disclose more tax information.
Corvex Management has urged Whitbread's board to consider a sale, citing performance issues and share price concerns at the Premier Inn owner.
Video game retailer GameStop announced a 14% rise in quarterly revenue and unveiled a $2 billion share repurchase program.
The Department of Defense allocated funding to develop domestic rare earth processing capabilities as part of efforts to reduce reliance on foreign suppliers.

A Ukrainian defense startup backed by Erik Prince saw its stock price jump dramatically in its first day of trading on Wall Street.

The Securities and Exchange Commission defended its $1.5 million settlement with Elon Musk over delayed disclosure of his Twitter stake after a judge raised concerns.

Multiple defense industry developments include contract awards to U.S. companies and European manufacturers exploring military production.
USA Rare Earth has agreed to buy Brazilian rare earth mining company Serra Verde for $2.8 billion to expand supply chains outside Asia.

Justice Department announces arrests of 18 people in operation against drug trafficking in MacArthur Park area of Los Angeles.

Millions of U.S. homes lack insurance coverage due to rising costs, while State Farm faces litigation alleging improper claim handling practices.
Best Buy announced CEO Corie Barry will step down in late October, with longtime company executive Jason Bonfig taking over as chief executive.

Standard Chartered's chief executive issued an apology after referring to some employees as 'lower value human capital' in internal communications.

Kevin Warsh is anticipated to confront significant monetary policy decisions regarding interest rates if appointed as Federal Reserve Chair.
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