Boeing’s new CEO Kelly Ortberg acknowledges the need for a cultural shift to address the company’s ongoing crisis, including performance lapses and financial challenges. Ortberg aims to stabilize the business, improve production processes, and restore trust with customers and investors. Despite facing significant losses and job cuts, Boeing is working towards financial recovery and maintaining its investment-grade credit rating through strategic measures and cost-cutting initiatives.
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Live Oak Posts Q2 Revenue Beat
Live Oak Bancshares (NYSE:LOB) reported Q2 2025 earnings on July 23, highlighting record loan production and deposit growth, resulting in total revenue of $143.7 million and EPS of $0.51, both surpassing analyst expectations. The bank, focused on small business lending and government-backed loans, demonstrated strong top-line momentum and improved cost efficiency, despite a dip in year-over-year GAAP profits. Want More Context? 🔎
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