FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy. The company ...

In the quarter ended August 31, FedEx's revenue decreased 0.5% year-over-year to $21.6 billion and its earnings per share (EPS) plunged 20.9% from the year-ago period to $3.60. In a statement ...

Miami investment firm 777 Partners, which is facing several lawsuits by creditors, hit back with its own suit accusing one key lender of hiring 777’s former information technology head to steal ...

By David Shepardson and Allison Lampert (Reuters) -Boeing said on Wednesday it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday ...

Boeing said on Wednesday the planemaker will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of its 737 MAX and ...

The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day today, has already cost the company and workers $572 million, according ...

Boeing will furlough its executives, managers and other white-collar employees one week of every four for the duration of a strike that union employees voted to authorize last week amid ...

The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union. By Niraj Chokshi Boeing will start furloughing tens ...

ARLINGTON, Va. (AP) — Boeing on Friday replaced the head of its troubled defense and space business, which has struggled with money-losing government contracts and embarrassing setbacks ...

Boeing's CEO said Wednesday that the company will begin furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week. Chief Executive Kelly ...