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Impact of Upcoming Tesla Car News on Company Shares

Tesla's shares went up more than 10% on Wednesday. This happened after CEO Elon Musk said the company plans to start making new electric...

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Iran’s President to Enhance Relations with Pakistan During Monday Visit Following Fatal Cross-Border Incidents

Iran's President Ebrahim Raisi plans to visit Islamabad on Monday to meet with Pakistani President Asif Ali Zardari. This visit aims to strengthen ties between the two nations following deadly cross-border attacks earlier this year. Raisi will be accompanied by a high-level delegation, including the foreign minister and a large business group. The tit-for-tat missile strikes in January in the Balochistan border region heightened tensions between Iran and Pakistan. Tehran targeted an anti-Iran group in Pakistan, prompting Pakistan to respond with a raid on militant targets in Iran's Sistan-Balochistan province. Both countries have accused each other of harboring militants in the past. To improve relations, Tehran's foreign minister visited Islamabad, leading to commitments to enhance dialogue and establish liaison...

Boeing Reports Good Returns As Supply Chain Issues Get Resolved

Boeing delivered a quarterly report on Wednesday that surpassed expectations but continued to experience cash burn while striving to stabilize production in the aftermath of a significant incident involving a 737 Max aircraft earlier this year. In the first quarter, Boeing's cash burn amounted to $3.9 billion, outperforming both the company's previous forecast and the expectations of Wall Street analysts, who had anticipated a cash burn of up to $4.5 billion during the same period. In a message to employees on Wednesday, CEO Dave Calhoun, who announced his intention to step down by year-end in March, acknowledged the current challenges: "Near term, yes, we are in a tough moment." He emphasized the company's unwavering commitment to safety and...