Cash

Boeing burned through billions of dollars of cash last quarter as it languished under intense scrutiny from U.S. regulators and moved to soothe concerns over quality issues. Arlington, Virginia-based Boeing burned through $3.93 billion over the first three months of 2024, far more than the $786 million it recorded during the same time last year, according to a Wednesday regulatory filing. The aerospace giant ended the quarter with $7.5 billion in cash and investments in short-term securities,…