News on the Move: Unrest continues in Minneapolis as shooting details emerge
Yahoo Finance's Jared Blikre joined Yahoo FInance Live to break down today's biggest headlines in today's News on the Move segment.
Video transcript
JARED BLIKRE: Welcome back to Yahoo Finance. It's time now for News on the Move. In Minneapolis, details of the Daunte Wright's shooting are fueling further unrest. The body camera worn by the police officer identified as Kim Potter, who has now resigned, by the way, reveals she shouted, "Taser, taser, taser," before shooting right in the chest with her gun. Protesters had already gathered outside the Brooklyn Center police station, despite a 7:00 PM curfew and inclement weather. But the crowd dissipated by midnight.
Governor Tim Walz demanded police reform at a news conference, saying, our time was made clear last May in Minnesota, referring to George Floyd killing. Our time to get one shot at fixing it was there. And in the midst of this trial that the world is watching, the situation repeated itself yesterday.
Boeing is back in the captain's seat, ousting rival Airbus. Boeing netted 66 new orders in the first quarter versus a loss, that's a loss of 61 orders for Airbus, mainly due to cancellations stemming from the Norwegian Air bankruptcy. When it comes to the key delivery metric, Boeing has been stuck in a holding pattern behind Airbus for the last two years. And while travel and industrial stocks are getting hit today, Boeing is up 1 and 1/2%.
Finally, good news. Americans have finally sated themselves on toilet paper. I did say sated, not seated. The days of lockdown consumers loading up on bales of bathroom tissue have fortunately been flushed down the memory hole. But consumer product companies, on the other hand, they are seeing sales gains in tissues being wiped out. Toilet paper sales tanked in January, down 4% year over year. Demand for the embroidered tissue squares peaked at $11 billion last year. That's 22% above the $9 billion average. The lobbying group for big toilet paper could not be reached for comment because I could not find one.
