Market Watch

The Boeing Co.’s fortunes for the coming year will rely heavily on its ability to deliver jets from its 737 line in Renton. Boeing (NYSE: BA) plans to deliver at least 400 737s in 2023, along with high targets for its 787 line, despite supplier constraints on both lines that are restricting efforts to increase production. “Boeing’s fortunes right now are going to rely on continued growth at Global Services and improvements at Defense, but the upside is all going to be driven by Commercial,” Richard Safran , a senior aerospace equities analyst for Seaport Global Securities, said of the company’s three main business units. “If you’re investing in Boeing, the commercial story is what’s important.” The targets may well turn out to be “ambitious” but will be necessary if Boeing wants to hike its production rates to 40 or more by early 2024, said Ken Herbert , aerospace and defense analyst for RBC Capital Markets. The company has been exercising tools like readiness reviews to help suppliers meet their production targets. “There’s always going to be an element that’s going to be out of their control, but they’re doing a lot more to be proactive,” Herbert said. As […]

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From building a solid spaghetti tower to a hip design firm, these three millennials are changing the paradigm. Jennifer Perez, Yaileen Obregon and Daniela Purrinos met in grad school. One of the first projects they worked on together was a team-building challenge in a Master of Architecture class at Florida International University. The task was to build a structure with uncooked spaghetti and the women laughed, had fun and dominated the competition. The experience became the basis for their friendship and, eventually, their growing Miami design business. Designing a new blueprint for success “None of us wanted to have a boss,” Perez says. This common goal and drive to become entrepreneurs was something that quickly bonded the trio. Nowhere along the way were they taught how to start or operate their own business. The school’s standard curriculum was geared toward helping graduates succeed at working for a firm, not starting one. But that didn’t stop these young entrepreneurs. From day one, they agreed that they didn’t want to follow the typical route the university designed for its grad students: an internship followed by employment at a studio or firm and perhaps eventually starting your own firm. “Starting our own […]

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NORTH MIAMI, FLA. (WSVN) – A North Miami business sustained damage after a car slammed into the entrance. Police responded to the scene of the crash at Le Pet Salon and Boutique near Biscayne Boulevard and Northeast 151st Street, Friday morning. The impact from the vehicle cracked the glass in the front windows of the store. The driver did not stick around; they took off after the crash. If you have any information on the driver’s whereabouts, call Miami-Dade Crime Stoppers at 305-471-TIPS. Remember, you can always remain anonymous, and you may be eligible for a reward of up to $5,000. Copyright 2023 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Even pretty LED lights can lead to litigation. (Photo by Matt Hunt/SOPA Images/LightRocket via Getty Torchstar Corporation sells LED products through Amazon AMZN +3% . Torchstar brought a lawsuit in the U.S. District Court for the Eastern District of Washington alleging that a competing seller of the same products, Hyatech, Inc., had basically copied Torchstar’s Amazon sales pages in violation of copyright and other laws. For its part, Hyatech claimed that Torchstar’s sales pages did not qualify for copyright protection and that it was Torchstar that was trying to illegally destroy Hyatech as its competitor through the litigation process. Hyatech asserted a counterclaim against Torchstar claiming that Torchstar had made a false claim of copyright infringement to Amazon including asserting infringement resulting from product images taken by Hyatech’s own photographer. Hyatech also alleged that Torchstar did not register its copyrights with the U.S. Copyright Office until after the litigation commenced. So, to back up for a second, Torchstar sued Hyatech, and Hyatech countersued Torchstar. Nothing unusual to see here, welcome to commercial litigation. But now it gets interesting. Instead of fighting Hyatech’s claims on the merits, Torchstar instead filed a special motion to strike under Washington’s Uniform Public Expression […]

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JPMorgan CEO Jamie Dimon and some other corporate leaders are in favor of workers returning to the office. But remote work can benefit people from underrepresented backgrounds. JPMorgan CEO Jamie Dimon recently said remote work isn’t ideal for many employees. He’s one of several high-profile CEOs who are pushing for a large-scale return to the office. But remote work has benefited many people with disabilities , many Black workers , and others. Top editors give you the stories you want — delivered right to your inbox each weekday. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Jamie Dimon seems invested in supporting people from underrepresented backgrounds. The JPMorgan CEO drove a $30 billion plan to advance racial equity in the US. He’s spoken about the importance of reducing inequality , advancing people from underrepresented backgrounds in leadership , and other social-justice issues . But Dimon appears more bearish when it comes to another measure that’s been shown […]

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This is a carousel. Use Next and Previous buttons to navigate Cherry Punch cannabis plants grow in a room with yellow light at the CTPharma cultivation facility in Rocky Hill, Connecticut, on December 13, 2022. There’s Uber Eats, Instacart and Amazon among many other services that bring food or goods to your home. Soon, the home delivery business in Connecticut will be expanded to cannabis. The state, which just recently allowed a handful of retail cannabis stores to open, has so far issued eight provisional licenses for cannabis delivery services . Amanda Ostrowitz, who runs a company called Slap Ash, has been granted one of those licenses, as well as two retail cannabis licenses. How her business will work is between an “Uber Eats model” and a “Domino’s model.” Uber Eats, and similar delivery services, don’t actually prepare any food. They pick up the food where it’s prepared and bring it to your door and, on the surface, it would seem like a similar delivery model for cannabis products would make sense. But there are legal restrictions in Connecticut which make it more complicated than that. “Connecticut does not allow the delivery companies to hold their own inventory. What […]

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ChatGPT is making progress towards a host of professional degrees. ChatGPT is a chatbot launched by OpenAI that uses generative artificial intelligence to create its own content. The bot has been used to generate essays and write exams, often passing, but making mistakes, too. Insider rounded up a list of the assignments, quizzes, and tests ChatGPT has passed. Wharton MBA Exam ChatGPT would have received a B or B- on a Wharton exam, according to a professor at the business school. Wharton professor Christian Terwiesch recently tested the technology with questions from his final exam in operations management— which was once a required class for all MBA students — and published his findings . Terwiesch concluded that the bot did an "amazing job" answering basic operations questions based on case studies, which are focused examinations of a person, group, or company, and a common way business schools teach students. In other instances though, ChatGPT made simple mistakes in calculations that Terwiesch thought only required 6th-grade-level math. Terwiesch also noted that the bot had issues with more complex questions that required an understanding of how multiple inputs and outputs worked together. Ultimately, Terwiesch said the bot would receive an B […]

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Aaron Gordon PITTSFIELD — Aaron Gordon, of Lenox, has been named director of finance and operations at Miss Hall’s School. He will work with senior administrators and the school’s board of trustees to ensure fiscally responsible and mission-aligned decision-making. His role will include overseeing all financial and operating functions, including budgeting, financial reporting, monitoring investment accounts, and campus services. Gordon has extensive experience in nonprofit finance, higher education administration, strategic planning, student and residential life, and operations, having most recently served as director of student administrative affairs, strategy and planning at Williams College. He joined Williams in 2005 as assistant director of campus life-residential programs. In 2011, he was named director of divisional business affairs. Gordon served in that role until June 2020, when the division merged with the division of the dean of the college. A graduate of Franklin and Marshall College with a bachelor’s degree in classical archaeology and ancient history, Gordon also holds an MBA from Clarkson University Graduate School. If you receive either a phone call, text message or email congratulating you on your good luck in winning the lottery, it’s a scam. Is it a scam? It’s the most frequently asked question we address […]

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This community hospital was a ‘lifeline’ to many New York CNN — If you drive down a busy suburban strip mall or walk down a street in a major city, chances are you won’t go long without spotting a Concentra, MedExpress, CityMD or another urgent care center. Demand at urgent care sites surged during the Covid-19 pandemic as people searched for tests and treatments. Patient volume has jumped 60% since 2019, according to the Urgent Care Association, an industry trade group. That has fueled growth for new urgent care centers. A record 11,150 urgent care centers have popped up around the United States and they are growing at 7% a year, the trade group says. (This does not include clinics inside retail stores like CVS’ MinuteClinic or freestanding emergency departments.) Patient volume at urgent care centers has grown 60% since 2019. Urgent care centers are designed to treat non-emergency conditions like a common cold, a sprained ankle, an ear infection, or a rash. They are recommended if patients can’t get an immediate appointment with their primary care doctor or if patients don’t have one. Primary care practices should always be the first call in these situations because they have […]

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The stock market rally continues to show broad-based strength. Investors should be looking across sectors for buying opportunities. Wingstop ( WING ), Lam Research ( LRCX ), Halliburton ( HAL ), Boeing ( BA ) and JD.com ( JD ) are all near buy points. WING stock and JD.com are flashing early entries, while oilfield services giant Halliburton is in a buy range. Lam Research is just below a buy point. Boeing, after a big run, has formed a handle on a big, long consolidation. Halliburton, Boeing and Lam Research have earnings out of the way. WING Stock Wingstop was Thursday’s IBD Stock Of The Day . The wings takeout and delivery chain was added to the IBD 50 list of top-performing stocks this week. WING stock surged 11.4% last week to 157.88. The Dallas-based aviation-themed chain’s earnings and sales growth has accelerated in the past two quarters, to 55% in Q2 and 41% in Q3. For its fourth-quarter earnings on Feb. 22, analysts expect Wingstop earnings to skyrocket nearly 71% to 41 cents per share, among the company’s implied guidance of 37-39 cents. Sales are seen rising 41% to $100.8 million. WING stock is in " consolidation ," […]

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