Just How Great Is the Strain on Boeing’s Balance Sheet?
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 24 October 2024
⏱️ 13 minutes
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| 0:15.7 | As a Boeing's machinist continue to strike, |
| 0:21.3 | how bad can the company's finances get? |
| 0:24.4 | And U.S. officials say they're facing an unprecedented level of threats this election season. |
| 0:29.6 | It's really this sort of boiling cauldron of different threats and justice department officials haven't |
| 0:35.0 | seen anything quite like it. |
| 0:36.4 | Plus, Russia provided targeting data for Hootie assault on global shipping. |
| 0:41.7 | It's Thursday, October 24th. |
| 0:43.8 | I'm Tracy Hunt for the Wall Street Journal. |
| 0:46.2 | This is a PM edition of What's News, the top headlines and business stories that move the |
| 0:51.0 | world today. |
| 0:56.0 | Let's start with Boeing. The Jetmaker's new chief executive Kelly Ortberg has many active fronts in his battle to reset the company. He has to address the |
| 1:04.6 | continuing labor strikes by Boeing's largest union, re-establish a culture of |
| 1:09.2 | accountability, fix ongoing problems at the Defense Division division and figure out how to build |
| 1:14.7 | innovative plane models again. And now he has to worry about the company's |
| 1:19.2 | deteriorating balance sheet. Joining us to discuss Boeing's problems is heard on the street columnist John Sindhreu. |
| 1:27.0 | So John, how bad does Boeing's balance sheet look right now? |
| 1:31.0 | Well, it depends on how you look at it really if you're looking at |
| 1:35.0 | assets it's not so bad like they have a lot of cash they burn 2 billion in cash |
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