May 23 (Reuters) - Boeing's ( BA ) cash flow situation is incrementally worse than their expectations, an S&P Global Ratings analyst said, after the company said it would be cash-flow negative in 2024. Boeing ( BA ) currently has a BBB- rating from S&P, one level above junk status, with a negative credit rating outlook. The rating agency changed...

May 23 (Reuters) - The California State Teachers' Retirement System has voted against re-electing Exxon Chairman Darren Woods and Lead Director Joseph Hooley, joining other public systems concerned the energy company's lawsuit against climate activists could diminish investor rights. In a statement sent by a representative, CalSTRS said the votes were a measured approach to hold two major leaders of...

03:14 PM EDT, 05/23/2024 (MT Newswires) -- (Updates with MT Newswires' attempt for comment in the third paragraph.) Alphabet (GOOG) and Meta Platforms ( META ) have held talks with big Hollywood studios about licensing content to use in their artificial intelligence video generation software, Bloomberg reported Thursday, citing people familiar with the matter. The tech giants are working on...

03:15 PM EDT, 05/23/2024 (MT Newswires) -- Macy's (M) will continue to lose market share to its rivals in a tough macro environment, putting bearish pressure on the stock, UBS said in a report emailed Thursday. Macy's is a share loss stock, UBS said. It has major disadvantages versus. peers around price, product and service. The department store retailer's fiscal...