Boeing has launched a massive $19 billion share sale, aiming to reduce its debt and fund ongoing business operations. The move comes amid increased competition in the aerospace industry. Meanwhile, Volkswagen is cutting costs to boost profitability, as the automaker faces declining demand for certain models. These developments are part of ongoing efforts by major corporations to adapt to changing market conditions.
Source: https://www.bloomberg.com/news/audio/2024-10-28/boeing-launches-19-billion-share-sale-vw-cost-cutting-more