Spirit AeroSystems will tell employees that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier’s cash and inventory space
Read More Exclusive: Spirit Aero to furlough 700 workers for 21 days due to Boeing strikeCategory: Business
Strong discretionary spending lifts US retail sales in September
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
Read More Strong discretionary spending lifts US retail sales in SeptemberFTC takes on subscription traps with ‘click to cancel’ rule
The FTC adopted a final rule requiring businesses to make it as easy to cancel subscriptions and memberships as it is to sign up.
Read More FTC takes on subscription traps with ‘click to cancel’ ruleBoeing factory workers to rally in Seattle as strike enters second month
Boeing factory workers will hold a large rally in Seattle to demand a better wage deal, plunging the troubled planemaker further into financial crisis.
Read More Boeing factory workers to rally in Seattle as strike enters second monthBoeing fine-tunes job cuts as major buyer slams 777X jet delay
Boeing faces a crucial test with employees, customers and investors after announcing 10% job cuts and $5 billion in charges as a crippling machinists strike enters a fifth week.
Read More Boeing fine-tunes job cuts as major buyer slams 777X jet delayS&P 500, Dow rise on boost from big bank earnings
The S&P 500 rose and the Dow hit a record high on Friday, driven by gains in major banks following third-quarter results.
Read More S&P 500, Dow rise on boost from big bank earnings