News for hackers. Stuff that matters.
Re:Boeing reports a $410M charge in case NASA decides Starli... by VT_Dude on Thursday January 30, 2020 @08:00PM (#22197893)
Boeing just posted it's first full-year loss since 1997. If you have to tell your investors bad-news, better to throw in all of the potential bad news that you were on the fence about than to have to make follow-up announcements. (Honey I totaled the car, and the other car may be out of gas, and all our toilets might be backed up.) https://abcnews.go.com/Business/wireStory/boeing-posts-annua...
Re:Boeing reports a $410M charge in case NASA decides Starli... by kapnobatairza on Friday January 31, 2020 @01:28AM (#22199574)
Correct - See "big bath" accounting.