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 ...
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 ...
US socks soared higher Friday morning after new data showed that US job growth slowed considerably last month.
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 ...
The company said it first cut jobs in March and expects a second wave of reductions by early May. Whirlpool aims to trim up to $400 million in costs this year, the Wall Street Journal, which ...
Boeing could begin laying off more than 100 employees at its facility in Birmingham, Ala., state officials warned Friday.
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 ...
Images: Zuma Press/Getty Images Composite: Mark Kelly The latest Boeing uproar belies the potted story line. Instead of bringing shame by abandoning the glories of American manufacturing ...