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 delayTag: boeing
Higher food prices lift US consumer prices; Hurricane Helene boosts jobless claims
Consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase in inflation was the smallest in more than 3-1/2 years.
Read More Higher food prices lift US consumer prices; Hurricane Helene boosts jobless claimsStock Market: Dow Skyrockets 400 Points, On Pace To Close At Another All-Time High
The Dow increased over 400 points on Wednesday as major investors awaited the minutes of the Federal Reserve’s latest meeting, as certain shares fell after the U.S. stated it was considering breaking up Google.
Read More Stock Market: Dow Skyrockets 400 Points, On Pace To Close At Another All-Time HighBoeing halts talks, withdraws pay offer to union as strike drags on
Talks between Boeing and its key manufacturing union broke down, and no negotiations are currently planned as the financially damaging strike heads into a fourth week.
Read More Boeing halts talks, withdraws pay offer to union as strike drags onUS labor market remains stable; weather, strike distortions loom
October 3, 2024 – 6:48 AM PDT WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally…
Read More US labor market remains stable; weather, strike distortions loomSpaceX capsule for stuck astronauts docks at space station
A SpaceX Crew Dragon space capsule arrived at the International Space Station (ISS) on Sunday.
Read More SpaceX capsule for stuck astronauts docks at space station