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 onTag: Manufacturing
US business activity edges lower; pricing power ebbs further
U.S. business activity fell to a 4-month low in August and firms continued to struggle to pass on higher prices to consumers.
Read More US business activity edges lower; pricing power ebbs furtherMade in America
with Joanna Wischer
Read More Made in AmericaDepartment Of Energy Announces $2.2B Investment In Strengthening Power Grid
On Tuesday, the Biden administration announced its plans to invest $2.2 billion into the nation’s power grid in an attempt to revamp the grid against the threat of extreme weather and move forward with President Joe Biden’s clean energy program.
Read More Department Of Energy Announces $2.2B Investment In Strengthening Power GridUS job growth slows moderately; unemployment rate rises to 4.1%
The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.
Read More US job growth slows moderately; unemployment rate rises to 4.1%Exclusive: Boeing investigates quality problem on undelivered 787s, sources say
Boeing is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages.
Read More Exclusive: Boeing investigates quality problem on undelivered 787s, sources say