Boeing (BA) reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss due to the effects of the IAM (International Association of Machinists) work stoppage,

Boeing reported a 31% revenue decline in Q4 2024, with adjusted loss per share of $5.90. Commercial airplane revenue fell 55% and backlog totaled $435B.

Layoffs and Troubled Government Programs Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a ...

Boeing said the IAM strike, which concluded in November with a new four-year contract, will lead to higher labor costs, resulting in pre-tax charges of $1.1 billion for the 777X and 767 jet programs.

Boeing said the IAM strike, which concluded in November with a new four-year contract, will lead to higher labor costs, resulting in pre-tax charges of $1.1 billion for the 777X and 767 jet programs.

Boeing (BA) reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss due to the effects of the IAM (International Association of Machinists) work stoppage,

U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.

The midair collision at Reagan National Airport on Wednesday night has presented Sean Duffy with a major crisis just hours after he was sworn in as secretary of transportation.

U.S. economic growth slowed in the fourth quarter as a strike at Boeing contributed to depressing business investment, but robust consumer spending probably keeps the Federal Reserve on a slow interest rate cut path this year.

On May 3, 2019, a Miami Air flight slid into St. Johns River at NAS Jacksonville. 22 passengers suffered minor injuries and three pets on board died.

The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong

President Donald Trump chose from his most loyal supporters when he created his Cabinet and appointed others to key roles within his administration.