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 ...
Boeing declined to say how many of those employees work on the SLS program and did not indicate how many jobs would be cut. Boeing provided a statement to News 19. “Due to external factors ...
The company announced the job cuts as it reported a loss of $641 million in the first quarter. It earned $2.15 billion ... costs and cut deeply into revenue last year, leading to Boeing’s ...
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 ...
“The new CEO is going to have a massive job.” Succession scramble ... which relies entirely on Boeing jets, said earlier this ...
Fitch Ratings downgraded its outlook on Boeing (NYSE:BA) to Negative from Stable on Friday, in the wake of the safety crisis that has hurt the company's production and cash flow. Fitch said its ...
S&P pared its rating on Boeing to A-minus from A and lowered the short-term rating to A-2 from A-1 ... action on Wednesday by Moody's, which cut Boeing one level to A3, four levels above ...
US socks soared higher Friday morning after new data showed that US job growth slowed considerably last month.
Southwest Airlines is cutting service to four airports after citing issues with aircraft manufacturer Boeing. The announcement ... also plans to eliminate 2,000 jobs by the end of the year ...
In a statement on the 787, Boeing said, “In 13 years of service, the global 787 fleet has safely transported more than 850 million passengers on more than 4.2 million flights. A 787 can safely ...