What Investors Found to Like in Boeing's Tea Leaves
Is an embattled Boeing performing above or below forecasts? It may be better to just go with your gut.
The Virginia-based plane maker confirmed Tuesday that revenues shrank 31% in the fourth quarter of 2024 from a year earlier, and that free cash flow was negative $4.1 billion. This reflected a machinist strike, capping another horrible year that included another accident on a Boeing 737 MAX, the company's Starliner spacecraft leaving astronauts stranded and a change in chief executive.
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How to help victims of deadly Texas floods
Disaster relief efforts are underway to help those affected by the catastrophic flash flooding in Texas Hill Country that killed at least 80 people, with more still missing. On Sunday morning, President Donald Trump signed a disaster declaration for Kerr County, which was hit the hardest with 68 deaths, and the Federal Emergency Management Agency is on the ground. After flooding began early Friday, the Coast Guard activated with Texas first responders to save hundreds from the floodwaters, and search and rescue crews continue their efforts. How to help after deadly Texas floods During a news conference Sunday, officials shared developing resources for the local community and ways to get involved from afar for those looking to help. Kerr County Sheriff Larry Leitha and Kerrville Mayor Joe Herring Jr. said a Kerr County Flood Relief Fund has been established online via the Community Foundation of the Texas Hill Country. The 501(c)(3) charity was established to help support vetted local response, relief and recovery efforts. Click here for more information on donations and how to help. H-E-B Herring also noted that H-E-B, the popular San Antonio-based supermarket chain, is setting up a mobile kitchen that will help feed those in need in Ingram and Hunt. "Kerrville, where our company was started, and the Hill Country have a special place in the heart of our H-E-B family. As part of our initial outreach there, we are working closely with the Red Cross, local officials, and first responders to support their needs," the grocery store stated in a press release Saturday. "Additionally, we have sent aid to support efforts in San Angelo, Marble Falls, and other impacted areas," the company continued. "Our teams are staying close to the hardest-hit areas, and we will continue to provide needed support as these tragic situations evolve." More updates with resources will be available on the H-E-B website here. Red Cross The American Red Cross has activated in Texas with local partners to support emergency shelters that provide food, relief supplies and other critical resources, including financial and family travel assistance, but said in a press release Sunday that at this time, it "has the resources it needs to respond and is not accepting financial or in-kind donations designated specifically for this event." Several emergency shelters are open to anyone "seeking refuge or a place to charge their phone and connect with our Disaster Mental Health volunteers," the organization stated. The Red Cross also has two reunification centers open now to help reconnect families and loved ones. More information can be found here and below. "Our hearts are heavy as we witness the devastating impact of the recent floods in Texas," the organization stated. "The loss of life and destruction are truly heartbreaking. We stand with the affected communities during this difficult time." Reunification Requests: For those in search of someone who has been impacted by the floods, the Red Cross has casework teams available by phone 1-800-RED CROSS (800-733-2767) or online through a monitored digital form here. Mental health support: "If you are struggling with the emotional toll of this disaster, please remember, you are not alone. Call SAMHSA at (800) 985-5990 or text 988 to connect with a trained mental health professional," the Red Cross stated Sunday. World Central Kitchen World Central Kitchen, a nonprofit founded by chef and humanitarian José Andrés, has activated in Central Texas, where volunteers are gathering food and water for first responders and victims in the affected areas.
Business Wire
32 minutes ago
- Business Wire
Coretek Acquires Total Solutions, Expanding Capabilities in AI, Data, and Microsoft Cloud Services
BUSINESS WIRE)--Coretek, a leader in artificial intelligence, cloud, and security services, today announced the acquisition of Total Solutions, Inc, a Detroit, Michigan-based company known for its expertise in AI, data, and power platform solutions. This strategic acquisition strengthens Coretek's national presence and accelerates its vision to deliver end-to-end innovation across Microsoft Cloud and digital AI transformation. Total Solutions brings a high-performing team and a strong reputation for AI, Data and Power Platform implementations, which complement Coretek's deep expertise in AI enablement, enterprise security, and cloud managed services. Together, the two companies will provide clients with an even broader portfolio of Microsoft-centric solutions and services. 'As demand for secure AI adoption and intelligent data platforms continues to surge, Coretek is investing in the talent and tools that help organizations turn complexity into clarity,' said Ron Lisch, CEO of Coretek. 'Total Solutions has built a respected, customer-focused business, targeted for AI-based solutions, and we're thrilled to welcome their team as we scale our impact across multiple industries.' The acquisition allows Coretek to deepen its bench of Microsoft-certified AI, Data, and Power Platform experts while strengthening its offerings in application modernization and development. It also broadens Total Solutions' access to Coretek's robust portfolio of services, including enterprise AI frameworks, data architecture, and managed security operations. 'Joining Coretek allows us to bring even more value to our clients,' said Matthew Fleszar, CEO of Total Solutions. 'We're excited to expand the solutions we can offer — from advanced security and data strategy to enterprise-scale AI — while continuing to deliver the personalized service our clients trust.' Coretek and Total Solutions will immediately begin integration efforts, operating under one Coretek brand as Coretek, LLC. Coretek will provide further details on customer notification and support programs in the coming weeks. For more information, visit About Coretek Coretek is a nationally recognized Microsoft partner helping organizations adopt and secure cloud, data, and AI solutions to fuel business transformation. With deep expertise in security, cloud architecture, and enterprise modernization, Coretek delivers measurable outcomes through strategy, execution, and ongoing managed security and managed cloud services. About Total Solutions Total Solutions is a Microsoft solutions partner based in Royal Oak, Michigan. Known for its agile delivery, dedicated team culture, and modern workplace focus, Total Solutions helps organizations streamline operations and boost productivity through AI, Data, Microsoft 365, Power Platform based solutions.
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43 minutes ago
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Jack Dorsey launches a WhatsApp messaging rival built on Bluetooth
Block CEO Jack Dorsey spent the weekend building Bitchat, a new decentralized, peer-to-peer messaging app that works entirely over Bluetooth mesh networks, with no internet, central servers, phone numbers or emails required. The Twitter co-founder announced Sunday that the beta version is live on TestFlight, with a full white paper available on GitHub. In a post on X Sunday Dorsey called it a personal experiment in "bluetooth mesh networks, relays and store and forward models, message encryption models, and a few other things." Bitchat enables ephemeral, encrypted communication between nearby devices. As users move through physical space, their phones form local Bluetooth clusters and pass messages from device to device, allowing them to reach peers beyond standard range — even without WiFi or cell service. Certain "bridge" devices connect overlapping clusters, expanding the mesh across greater distances. Messages are stored only on-device, disappear by default, and never touch centralized infrastructure — echoing Dorsey's long-running push for privacy-preserving, censorship-resistant communication. The launch builds on his support of Damus and Bluesky and reflects a broader push to decentralize everything from social media to payments. Like the Bluetooth-based apps used during Hong Kong's 2019 protests, Bitchat is designed to keep working even when the internet is blocked, offering a censorship-resistant way to stay connected during outages, shutdowns, or surveillance. The app also supports optional group chats, or "rooms," which can be named with hashtags and protected by passwords. It includes store-and-forward functionality to deliver messages to users who are temporarily offline. A future update will add WiFi Direct to increase speed and range, pushing Dorsey's vision for off-grid, user-owned communication even further. Unlike mainstream messaging platforms like Meta's WhatsApp and Messenger, which are owned and built by big tech companies and rely on personal data, Bitchat operates entirely peer-to-peer with no accounts, no identifiers, and no data collection.
