A group Twitter vendors have filed a class action lawsuit against the company for unpaid bills ranging from $40,000 to $140,000. The group includes consulting, public relations and captioning service firms. In the lawsuit filed in California, the companies referred to themselves as “small businesses without the resources, time, and money to litigate these claims on their own.” CEO Elon Musk notably has slashed costs across the company in an effort to get the social media platform on firmer financial footing.
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Morningstar equity analyst Nicolas Owens explains Boeing's latest earnings, deliveries, rising fuel costs, and what they mean for airlines and investors.