Boeing recently announced a third-quarter loss of $6 billion following some 33,000 employees going on strike, as well as quality control issues which have crippled the struggling aviation corporation.
Read More Boeing Reports $6B Third-Quarter Loss As Striking Workers Negotiate A New Contract
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 strike
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 September
Thousands of Boeing employees will be given their pink slips within the next few weeks, multiple union and industry sources claimed.
Read More Boeing To Layoff Thousands Of Workers As Strike Continues
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 month
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 delay