Latest News - Bank of America
Top Corporates Hub
Bank of America
Boeing (BA) Jumps 5.9% on Spirit Merger Progress
28.06.2025 14:25
Boeing Company (NYSE:BA) is one of the 10 Stocks Leave Wall Street Stunned. The Boeing Company grew its share prices by 5.91 percent on Friday to close at $214.55 apiece following news that its plan to acquire its former subsidiary, Spirit Aerosystems, is now progressing to secure regulatory approvals. This followed the UK Competition and Markets […]
Deregulation Price Catalyst Spurs Bank of America Stock (BAC) Bulls
27.06.2025 01:14
Bank of America (BAC) is standing at the edge of a transformative moment. A wave of deregulation is about to sweep through the financial sector, promising to loosen the tight capital and compliance rules that have weighed on banks for years. For BAC, this could mean more cash to lend, fatter investment banking fees, and juicier shareholder returns. While the stock has climbed to new 52-week highs, it is still priced as a value play. Therefore, I’m Bullish on BAC stock. Unleashing Lending Power T
India denies entry to UN aviation investigator in Air India crash probe, say sources
26.06.2025 15:17
India would not allow a UN investigatorto join a probe of a crashed Air India jet that some safetyexperts had criticized for delays in analysis of crucial blackbox data, two senior sources familiar...
Trump Trade: OpenAI’s Altman notes ‘productive’ talks with Trump
26.06.2025 14:00
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump with this daily recap compiled by The Fly: RETALIATORY TARIFFS: The European Union plans to impose retaliatory tariffs on U.S. imports, including on Boeing (BA) aircraft, if President Donald Trump puts a baseline levy on the bloc’s goods as many expect, reported Bloomberg’s Jorge Valero. Until now, the European Commission hasn’t indicated if tha
UK competition watchdog weighs probe into Boeing-Spirit Aero deal
26.06.2025 13:44
The Competition and Markets Authority has not yet launched a formal investigation, but has invited comments from interested parties by July 15 to help inform a decision. Boeing and Spirit did not immediately respond to Reuters requests for comment. Boeing spun off Spirit's core Wichita and Oklahoma plants in 2005, but in 2024 it agreed to buy back Spirit AeroSystems for $4.7 billion in stock to streamline its operations and improve quality control, ending nearly two decades of independence of the world's largest standalone aerostructures company.
North America Aviation Market Analysis 2025-2034 Featuring Strategic Profiles of Boeing, Airbus, Lockheed Martin, General Dynamics, Embraer and Other Industry Leaders
26.06.2025 13:27
The North America aviation market, valued at USD 80.98 Billion in 2024, is projected to reach USD 107.78 Billion by 2034, growing at a CAGR of 2.90%. Key growth drivers include advancements in aviation technology and increasing air travel demand. Major players in the region include Airbus, Boeing, and Lockheed Martin.Dublin, June 26, 2025 (GLOBE NEWSWIRE) -- The "North America Aviation Market Report and Forecast 2025-2034" has been added to ResearchAndMarkets.com's offering.The North America avi
US durable goods orders soar in May on aircraft
26.06.2025 13:19
WASHINGTON (Reuters) -Orders for long-lasting U.S. manufactured goods rebounded sharply in May, boosted by a surge in commercial aircraft bookings, though economic uncertainty stemming from import tariffs remains a constraint for business spending on capital. Orders for durable goods, items ranging from toasters to aircraft meant to last three years or more, jumped 16.4% last month after a revised 6.6% decline in April, the Commerce Department's Census Bureau said on Thursday. Transportation equipment orders soared 48.3%, driven by a 230.8% surge in commercial aircraft orders, which are extremely volatile.
US labor market softening as more people remain on unemployment rolls
26.06.2025 12:13
The number of Americansfiling new applications for jobless benefits fell last week, butwork opportunities are becoming scarce as businesses remainhesitant to hire because of an uncertain economic...
US labor market losing steam; economic outlook uncertain
26.06.2025 12:13
The number of Americansfiling new applications for jobless benefits fell last week, butwork opportunities are becoming scarce as businesses remainhesitant to hire because of an uncertain economic...
Indian investigators download black box data from fatal Air India crash
26.06.2025 10:52
Investigators havedownloaded flight recorder data from an Air India crash thismonth that killed 260 people, India's civil aviation ministrysaid on Thursday, a long-awaited step towards...
U.K. Competition Authority Seeks Comments on Boeing's Spirit AeroSystems Deal
26.06.2025 09:27
By Adria Calatayud The U.K.'s antitrust authority said it is seeking comments on Boeing's proposed acquisition of fuselage maker Spirit AeroSystems as the regulator considers whether the deal...
UK competition watchdog considers probe into Boeing-Spirit Aero deal
26.06.2025 09:12
Britain's competition regulator saidon Thursday it was considering whether Boeing's deal toacquire Spirit AeroSystems could affect competition inthe country, and that it was inviting comments from...
India says efforts are on to reconstruct events that caused Air India crash
26.06.2025 05:05
Efforts are underway toreconstruct the sequence of events leading to the Air Indiaplane crash this month that killed 260 people, and identifycontributing factors, India's civil aviation ministry...
Bloody terrified': Flying anxiety peaks in India after fatal Air India crash
25.06.2025 05:42
Retired Air Force officerDinesh K. has seen a surge in demand for his $500 therapy courseto help people overcome their fear of flying since Air Indiaflight 171 crashed moments after take-off from...
Report slams Boeing over 737 MAX midair blowout
25.06.2025 02:51
STORY: ::NTSB U.S. regulators have released their report on the midair blowout last year involving a Boeing 737 MAX operated by Alaska Airlines. And it won't make easy...
India aviation regulator says multiple defects reappearing on aircraft
24.06.2025 08:48
NEW DELHI -India's aviation regulator said on Tuesday it had found multiple instances of aircraft defects reappearing many times at Mumbai and Delhi airports, two of the country's busiest, indicating...
Black box of crashed Air India jet still in India, ANI reports
24.06.2025 06:12
The black box of the AirIndia jet that crashed and killed 271 people is still in Indiaand is being examined by the aircraft accident investigationbody, news agency ANI reported on Tuesday, citing...
US safety board to scrutinize Boeing role in 737 MAX 9 mid-air emergency
24.06.2025 06:01
The U.S. NationalTransportation Safety Board will hold a hearing on Tuesday todetermine the probable cause of a mid-air cabin panel blowout ofa new Boeing 737 MAX 9 flight in January 2024 that...
Trump's CFPB rollback has cost Americans $18 billion, consumer groups say
24.06.2025 05:31
President Donald Trump's rapidpullback of the U.S. Consumer Financial Protection Bureau hascost Americans at least $18 billion in higher fees and lostcompensation for consumers allegedly cheated by...
Taiwan's China Airlines postpones retirement of older planes due to Boeing 787 delays
24.06.2025 05:13
TAOYUAN, Taiwan (Reuters) -Taiwan's China Airlines is postponing the retirement of some of its older aircraft due to delays in getting Boeing 787-9 jets that may result in compensation payments from the planemaker, the carrier's newly appointed chairman said. Taiwan's oldest airline, established in 1959, is in the midst of a fleet renewal, last year splitting an order for new long-haul aircraft worth almost $12 billion at list prices between Boeing and European rival Airbus. China Airlines has also ordered 24 Boeing 787s for regional and some longer-distance routes, including 18 787-9s and six of the stretched 787-10 variant.