Boeing to axe a tenth of its workers as strike continues
Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the aeroplane maker deals with issues across its business. Chief executive Kelly Ortberg said in an email to ...
US Interest Burden Hits 28-Year High, Escalating Political Risk
The US debt interest-cost burden climbed to the highest since the 1990s in the financial year that’s just ended, escalating ...
Yahoo News UK24d
The US Election Has Climate Tech Investors in Wait-and-See Mode
Most Read from Bloomberg Inside the ‘Utopias’ of Mexico City One City’s Plan to Re-Link a Neighborhood That Robert Moses ...
CounterPunch9d
The Return of a Dangerous Idea
It's now so discredited that no one dares speak its name. When the European Union launched ‘excessive deficit procedures’ against seven countries in June, ...
Daily Mail29d
Boeing to slash 17,000 jobs - 10% of its workforce - as factory strike enters its fifth week following safety controversies
Boeing had already imposed rolling temporary furloughs, but Ortberg said those ... a space capsule for NASA and a military refueling tanker. The company based in Arlington, Virginia, said it ...
Flying10d
Spirit to Furlough More Than 300 Pilots as Losses Mount
Just last month, the ultra-low-cost carrier placed 186 of its pilots on furlough. The beleaguered airline continues to face mounting losses, reporting a net loss of $158 million in the second quarter.
Flightglobal10d
Spirit Airlines to furlough further 330 pilots to match drastic capacity cuts
Spirit Airlines plans to furlough a further 330 pilots early next year as it navigates a period of severe financial turbulence. Miramar, Florida-based Spirit said on 31 October that the furloughs ...
KWCH12d
700 Spirit AeroSystems workers begin 3-week furlough
WICHITA, Kan. (KWCH) - Hundreds of workers at Wichita’s Spirit AeroSystems begin a 21-day furlough on Monday. It’s the result of an ongoing strike nearly 2,000 miles away from Wichita.
WSLS 1025d
Uncertainty grows as Radford Army Ammunition Plant furloughs continue
Flooding damaged the Radford Army Ammunition Plant, putting it out of commission since the storm. It will at least be a few more days before it’s fully back up and running. “It’s never ...
Reuters10d
Spirit Airlines to furlough hundreds of pilots to cut costs
CHICAGO, Oct 30 (Reuters) - Spirit Airlines (SAVE.N), opens new tab will furlough about 330 pilots on Jan. 31, 2025, a company spokesperson told Reuters, as part of its efforts to cut costs and ...
Yahoo Finance10d
Spirit Airlines to furlough hundreds of pilots to cut costs
CHICAGO (Reuters) - Spirit Airlines (SAVE) will furlough about 330 pilots on Jan. 31, 2025, a company spokesperson told Reuters, as part of its efforts to cut costs and shore up its finances.
Yahoo Finance11d
Spirit Airlines to furlough hundreds of pilots to cut costs
CHICAGO (Reuters) - Spirit Airlines will furlough about 330 pilots on Jan. 31, 2025, a company spokesperson told Reuters, as part of its efforts to cut costs and shore up its finances. The ...