Boeing has secured $35 billion in financing to cushion itself against the financial ramifications of an ongoing workers’ strike, which has significantly hampered production and delivery schedules. The planemaker announced that it would raise $25 billion through stock and debt offerings, coupled with an additional $10 billion from four major banks. The strike, which involves […]
Boeing’s stock has taken a steep nosedive following a strike by 33,000 members of its largest labour union, the International Association of Machinists and Aerospace Workers (IAM). The machinists voted overwhelmingly to reject Boeing’s proposed four-year contract, triggering the first strike in over a decade. This development could spell significant trouble for the aerospace giant, […]
DocuSign, Inc. (NASDAQ: DOCU), a global leader in Intelligent Agreement Management (IAM), has strategically enhanced its platform by acquiring Lexion, an innovative AI-powered agreement management company, for $165 million in cash. This acquisition marks a significant enhancement in DocuSign’s ability to provide advanced AI-assisted capabilities to its extensive customer base. Strategic Expansion and Enhanced AI […]