Boeing on Thursday released preliminary fourth-quarter financial results that were impacted by a nearly two-month labor strike and a new labor agreement last year, as well as other issues at the manufacturer.
Boeing (BA) reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss due to the effects of the IAM (International Association of Machinists) work stoppage alongside workforce reductions and changes to its defense business.
Boeing had previously announced plans to reduce its workforce by 10%, which added to the company's financial strain during the quarter.
Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays and a crippling strike by U.
Boeing delivered just 348 commercial planes in 2024 according to figures released Tuesday that showed the ugly effects from a year of labor disruption and safety setbacks. The annual figure was ...
Boeing announced Thursday that it incurred a bigger than expected fourth-quarter loss, concluding a difficult 2024 in which it struggled with a lengthy labor strike and safety problems.
Boeing on Thursday released preliminary fourth-quarter financial results that were impacted by a nearly two-month labor strike last year and other issues at the manufacturer. The company said it expects to post a loss of $5.
Jobless claims in the U.S. increased slightly last week, while the number of people receiving unemployment benefits reached a three-year high. Despite these figures, overall job growth remains robust,
A slate of President Trump’s Cabinet nominees have appeared before senators in recent days for key hearings on their road to confirmation. Sen. Marco Rubio (R-Fla.) was the first to be confirmed, securing the secretary of State position with a unanimous vote on inauguration day.
Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs.
Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years
Families and students can explore career education options at the East Valley Institute of Technology during the annual “EVIT Expo -- Your Future, Your Way” event, which will be held from 9 a.m. to 1 p.m. on Jan. 25 at the Main Campus, 1601 W. Main St., Mesa.