Boeing warns of hundreds of layoffs amid NASA’s Artemis program delays

Boeing warns of hundreds of layoffs amid NASA’s Artemis program delays

Boeing on Saturday warned employees involved in its Space Launch System moon rocket program that it expected to lay off around 400 people. The news comes amid delays and rising costs for NASA’s Artemis program, which was established during President Trump’s first term, and aims to send astronauts back to the moon.  Its budget is expected to be…

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Drug suspect leads horse-riding Fla. sheriffs on extended foot chase: video

Drug suspect leads horse-riding Fla. sheriffs on extended foot chase: video

He couldn’t match their horsepower. Jacksonville, Fla. Sheriffs officers chased down a suspected drug perp on horseback in an extended foot-versus-hoof chase caught on bodycam camera. Jordan Wilson, 25, had supposedly just made a suspicious narcotics handoff when JSO Officer Cassie Haire, mounted on her trusty steed Nash, spotted the possible crime and began pursuit…

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S-Reits, industrials lead institutional outflow

S-Reits, industrials lead institutional outflow

OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$169 million. This brings the net outflow for the 2025 year to Feb 6, to S$697 million. Institutional flows  The stocks that led the net institutional outflow over the five sessions included…

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Directors raise interests in S-Reit and property trust sector

S-Reits, industrials lead institutional outflow

OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$169 million. This brings the net outflow for the 2025 year to Feb 6, to S$697 million. Institutional flows  The stocks that led the net institutional outflow over the five sessions included…

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Hedge funds boost bearish oil bets as trade war threatens demand

Hedge funds boost bearish oil bets as trade war threatens demand

Hedge funds increased bearish bets against oil by the most in three months on the prospect that duelling tariffs between the US and China would reduce energy demand. Money managers increased their short-only positions on West Texas Intermediate (WTI) by 15,774 lots to 57,441 lots in the week that ended Feb 4, the biggest jump…

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Boeing warns moon rocket programme employees of layoffs

Boeing warns moon rocket programme employees of layoffs

Boeing warned on Saturday (Feb 8) of layoffs in its Space Launch System moon rocket programme, saying it expects to have about 400 fewer positions in line with revisions to Nasa’s Artemis programme and cost expectations. The Seattle-based aerospace manufacturer said it will issue 60-day notices of involuntary layoffs to the affected employees in the…

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