Latest in October jobs forecast shaved to 110,000 after Boeing strike and hurricanes
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Boeing’s New C.E.O. Calls for ‘Culture Change’ as Strike Vote Looms
As Kelly Ortberg presented his strategic vision, more than 33,000 striking employees of the aerospace manufacturer were expected to vote on a new contract.Business - The New York Times - October 23 -
Boeing reports $6.1 billion loss as strike takes toll on plane maker
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.Top stories - CBS News - October 23 -
Boeing workers voting on new contract that could end strike
Boeing workers are voting Wednesday on a new contract to end a six week strike that has cost the company billions. The four-year deal includes a 35% pay hike, a signing bonus and improved health ...Top stories - CBS News - October 23 -
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...Top stories - CBS News - October 23 -
Striking Boeing workers reject 35% pay rise offer
Earlier, Boeing's boss warned the firm was at a "crossroads" as losses surged to roughly $6bn.Top stories - BBC News - 6 days ago -
Boeing machinists reject new labor contract, extending strike
Nearly six weeks after walking off the job, members of the union representing more than 30,000 machinists voted Wednesday to reject Boeing's latest offer, a 35 percent raise over four years, and ...Top stories - NBC News - 6 days ago -
Boeing machinists reject new contract on 41st day of strike
Striking Boeing machinists rejected a proposed contract that would have ended a costly 41-day work stoppage. The machinists, represented by the International Association of Machinists and Aerospace ...Politics - The Hill - 6 days ago -
Boeing workers vote to reject deal to end strike, union says
More than 30,000 workers at the troubled aviation company represented by the union began striking in mid-September. Boeing workers have rejected the latest offer to end the more than a month-long ...World - The Guardian - 6 days ago -
Striking Boeing workers reject latest contract offer, work stoppage continues
Over 30,000 Boeing workers will remain on the picket line after voting no on the company's latest contract offer, extending their strike to 42 days. CBS News senior transportation correspondent ...Top stories - CBS News - 6 days ago -
Boeing workers vote to reject company offer, continuing the strike
Striking Boeing workers voted to reject the company's latest contract proposal, in a major setback for Boeing that could also have implications on the U.S. economy. The rejected deal called for a ...Top stories - CBS News - 6 days ago -
Norwegian Air Shuttle Cuts Fleet Growth Expectation Due to Boeing Strike
Norwegian Air Shuttle tempered its fleet growth expectations for next year due to a strike at Boeing, in the latest sign of how issues at the U.S. plane maker are disrupting airlines’ expansion plans.Business - The Wall Street Journal - 5 days ago -
As Boeing Strike Drags On, Suppliers Worry and White House Weighs In
The Biden administration encouraged striking union workers and company management to keep working to reach a deal.Business - Inc. - 5 days ago -
Boeing to raise up to $19bn amid costly strike and safety crisis
US manufacturer, which recently disclosed plan to cut 17,000 jobs, seeks to shore up balance sheet. Business live – latest updates Boeing has announced moves to raise as much as $19bn ...World - The Guardian - 2 days ago -
Boeing Will Sell $19 Billion in Stock Amid Costly Strike
The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.Business - The New York Times - Yesterday -
EU markets watchdog pushes for extra cyber defences in new crypto rules
Esma asks for amendment to tighten regulation with demand for external audits of defences against hackersWorld - Financial Times - October 16 -
How big is ‘big enough’ for China’s stimulus?
Some estimates and theoriesWorld - Financial Times - October 16 -
Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says
ADP said it was the best month for job creation since July 2023.Business - CNBC - 10 hours ago -
Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says
Private-job creation burst to its highest level in more than a year during October, despite a devastating storm season in the Southeast and major labor disruptions, ADP reported Wednesday.Top stories - NBC News - 12 hours ago -
The October jobs report comes at a crucial moment — but don’t expect clear answers on the economy
Job gains in October will likely be dragged down by one-off events like Hurricane Milton and the Boeing strike. Here’s how that could muddy the waters for investors and the Fed.Business - MarketWatch - 5 hours ago -
Biden flies to Florida after hurricanes in bipartisan visit
President Biden flew to Florida on Sunday morning to survey the area impacted by the recent hurricanes and to announce $612 million allotted for energy projects in the area. Biden participated in ...Politics - The Hill - October 13 -
After Hurricane Milton, Get Ready for Mold
Thousands may now be at risk of mold-related illnesses following this year's hurricanes in the American South.Tech - Wired - October 16 -
FEMA administrator on disinformation after Hurricane Helene
FEMA regional administrator Robert Samaan told 60 Minutes that "mistrust in government" makes it harder to deliver aid to victims of Hurricane Helene in North Carolina.Top stories - CBS News - October 20 -
North Carolina schools reopen after Hurricane Helene
Thousands of students in North Carolina returned to school Friday for the first time since Hurricane Helene tore through portions of the state about a month ago. Rob Marciano reports.Top stories - CBS News - 5 days ago -
Final jobs report before election likely to see hurricane impact — masking some economic gains
The U.S. economy remains on solid footing.Top stories - NBC News - October 23 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - 6 days ago -
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.Business - CNBC - 6 days ago -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - 8 hours ago -
Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene
A tour of the city’s cultural highlights with the co-founder and director of Art Week TokyoWorld - Financial Times - 2 days ago -
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour lawsWorld - Financial Times - Yesterday -
Where has all the rain gone? Bone-dry October strikes much of US
It's as if Mother Nature shut off the rain faucet in the United States in OctoberTech - ABC News - Yesterday -
Boeing-made satellite explodes in space after experiencing "anomaly"
Since the breakup, the U.S. Space Force is now tracking "around 20 associated pieces" of the satellite in space.World - CBS News - October 23 -
4 astronauts return to Earth after being delayed by Boeing's capsule trouble
Four astronauts are back on Earth after a space station mission that lasted almost eight monthsTech - ABC News - 5 days ago