Boeing on Friday said it's cutting 10% of its workforce, or about 17,000 employees. In a memo on Friday, CEO Kelly Ortberg announced the layoffs, writing that the aerospace giant must make "tough ...
Boeing might sell part of its defense business, Bloomberg reported Tuesday. Wall Street, and investors, will be interested in ...
Boeing and the union representing striking machinists have negotiated a new contract proposal that would provide bigger pay raises and bonuses in a bid to end a costly walkout that has crippled ...
Boeing and the union representing its machinists reached a tentative deal to end a five-week long strike. The union said it ...
Burning through cash, Boeing BA1.52%increase; green up pointing triangle secured a new credit line and moved to raise at least $10 billion by selling new shares, in hopes of demonstrating that it ...
The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff “over the coming months.” “Our business is in a difficult position, and it is hard to ...
Selling Jeppesen, which Boeing acquired in 2000 for $1.5 billion in cash, would help whittle down the plane-maker's towering debt. The election of Donald Trump will affect trade, technology and ...
Boeing’s long-term debt has climbed to $53 billion at the end of June from $10.7 billion at the end of March 2019, when a second fatal crash of the 737 Max led to a 20-month grounding of that ...
Boeing Co. took a step toward raising as much as $25 billion, funds that would give the troubled planemaker the financial resources to withstand a paralyzing strike and work its way through a ...
Boeing Co. surprised markets late Friday with news that it plans to cut about 10% of its workforce, and warned investors that it is looking at a much bigger third-quarter loss and weaker sales ...