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’s defense and space unit will likely see the fewest jobs eliminated ... loss of $641 million in the first quarter. It earned $2.15 billion in the same period last year.
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 ...
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 ...
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 ...
Boeing's delivery delays are forcing carriers to change their growth plans, CEOs said. Boeing is struggling to stabilize its ...
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 ...
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 ...
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 ...
Boeing CEO David Calhoun received compensation valued at $33 million last year, nearly all of it in stock awards, but his stock payout for this year will be cut by ... at $30.2 million.