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Fourth-Quarter Reports: Boeing Profits Up, Amazon Down

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Fourth-Quarter Reports: Boeing Profits Up, Amazon Down

Business

Fourth-Quarter Reports: Boeing Profits Up, Amazon Down

Fourth-Quarter Reports: Boeing Profits Up, Amazon Down

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  • <iframe src="https://www.npr.org/player/embed/170629911/170629898" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Despite the groundings of its 787 because of battery trouble, the aerospace company plans to deliver dozens more Dreamliners this year. The cyberspace retailer, meanwhile, reported a big drop in profits.

RENEE MONTAGNE, HOST:

NPR's business news starts with steady profits from Boeing.

(SOUNDBITE OF MUSIC)

MONTAGNE: Despite having to ground its 787 Dreamliners because of battery trouble, Boeing plans to deliver dozens more Dreamliners this year. And the aerospace company says it assumes the Dreamliner woes will have little impact on its 2013 finances. The big cyberspace retailer Amazon.com reported a drop in profits yesterday. But investors sent the stock surging after seeing strength in some of Amazon's core businesses.

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