Boeing shares at last check were up 2.1% to $211.69. Dell traded up 1.3% at $78.76. Boeing eliminated 20,000 jobs companywide last year and said it has plans to reduce headcount by another ...
Financial moves and metrics come first,” was Boeing’s philosophy, he said. It was, he said, “a ruthless effort to cut costs without ... That meant unfinished jobs piled up on aircraft ...
United is so reliant on Boeing that it revealed plans to pause pilot hiring in May and June until aircraft deliveries from ...
“The new CEO is going to have a massive job.” Succession scramble ... which relies entirely on Boeing jets, said earlier this ...
Boeing cut corners in production ... that whipsawed Boeing left it fragile and mistake-prone. “A group of jobs were not done properly and the procedures required for that job were not handled ...
United Airlines was pushed into the red by Boeing and its ongoing quality issues, the airline said Tuesday. The company took a $200 million hit in the first quarter after the Boeing 737 Max 9 was ...
Thyssenkrupp Steel plans to cut jobs and scale back production capacity in response to challenging market conditions, with weak demand, high energy costs and rising competition from Asia hurting ...
Boeing's problems have already forced airlines to cut expectations for aircraft deliveries, complicating efforts to meet record travel demand. United is not alone. Rival Southwest Airlines ...
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opens new tab is to cut up to 680 jobs in its development organisation ... meaning there will be a net reduction overall of 1-2% at a global level. Novartis said the changes were designed to ...
The FAA has grounded some Boeing 737 MAX 9 planes after a door plug fell from an Alaska Airlines flight. WSJ’s George Downs explores what the accident means for Boeing. Photo composite ...