Boeing’s 787 Dreamliner Sees Another Issue and Apple Plans “Pay-Now Buy Later” Program ✈

Boeing’s 787 Dreamliner Sees Another Issue and Apple Plans “Pay-Now Buy Later” Program

Boeing

The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. Boeing supplies some of the largest airlines in the world and has a wide variety of different aircraft for varying ranges – including super long-haul dream liners that take passengers on 18-hour continuous flights.

One of Boeing’s most recently developed, and most anticipated planes was the 787 Dreamliner. Unfortunately, the plane has been running into many issues. According to sources that reported to the Wallstreet Journal: The new issue was found in the forward pressure bulkhead at the front of the plane, involving the skin of the aircraft. Boeing plans to cut production of its 787 Dreamliner (for now) and as a result, the stock dropped 4.2% yesterday.

Apple

Apple Inc. is an American multinational technology company that specializes in consumer electronics, computer software, and online services. Apple is the world’s largest technology company by revenue and, since January 2021, the world’s most valuable company. Apple has been making major moves in the financial services industry since the launch of its Apple credit card, family plans with it, and connection to Apple Pay. Recently, Apple has taken it one step further into the realm of financial services.

According to Bloomberg, Apple is working on a service to let shoppers pay for purchases in installments. Doing this could help Apple’s main product (the iPhone) tap into the thriving “buy now, pay later” sector. Apple will use Goldman Sachs Group, the investment bank, as the lender for these loans made through Apple Pay.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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