Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production

Boeing plans to lay off about 10% of its workers in the coming months, about 17,000 people, as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes. New CEO Kelly Ortberg told staff in a memo Friday...

Boeing says it will lay off 10% of its employees as a strike by factory workers cripples airplane production

ARLINGTON, Va. (AP) — Boeing says it will lay off 10% of its employees as a strike by factory workers cripples airplane production.

Stellantis CEO under fire from Italian lawmakers as the group grapples with financial troubles

ROME (AP) — Italian lawmakers on Friday questioned the head of Stellantis, the world's fourth largest automaker, over the group’s strategy, one day after it announced a management shakeup in an effort to revive sales. Stellantis, which makes Jeep and Chrysler vehicles, is...

Boeing withdraws contract offer after talks with striking workers break down

SEATTLE (AP) — Boeing has withdrawn a contract offer that would have given striking workers 30% raises over four years after talks broke down. The manufacturer said that it had boosted its offer for union workers for take-home pay and retirement benefits during two days of...

Dockworkers' union suspends strike until Jan. 15 to allow time to negotiate new contract

DETROIT (AP) — Some 45,000 dockworkers at East and Gulf coast ports are returning to work after their union reached a deal to suspend a strike that could have caused shortages and higher prices if it had dragged on. The International Longshoremen’s Association is suspending its...

The US could have seen shortages and higher retail prices if a dockworkers strike had dragged on

NEW YORK (AP) — U.S. ports from Maine to Texas shut down this week when the union representing about 45,000 dockworkers went on strike for the first time since 1977. The union representing the striking U.S. dockworkers, the International Longshoremen’s Association, reached a deal...

Dockworkers' union to suspend strike until Jan. 15 to allow time to negotiate new contract

DETROIT (AP) — The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports reached a deal Thursday to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract. The union, the International Longshoremen’s Association, is to...