Business

SEATTLE (AP) — Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory workers’ strike that began last week, the company told employees Monday. The company said the moves, which include reduced spending on suppliers, were necessary because “our business is in a difficult period.”

SEATTLE (AP) — Blue-collar workers from Boeing walked picket lines in the Pacific Northwest instead of building airplanes on Friday after they overwhelmingly rejected a proposed contract that would have raised their wages by 25% over four years.

SEATTLE (AP) — Aircraft assembly workers walked off the job early Friday at Boeing factories near Seattle and elsewhere after union members voted overwhelmingly to go on strike and reject a tentative contract that would have increased wages by 25% over four years.

ATHENS, Ga. (AP) — The Postal Service’s new delivery vehicles aren’t going to win a beauty contest. They're tall and ungainly. The windshields are vast. Their hoods resemble a duck bill. Their bumpers are enormous. “You can tell that (the designers) didn’t have appearance in mind,” postal worker Avis Stonum said.

Boeing is preparing to learn Thursday whether 33,000 aircraft assembly workers, most of them in the Seattle area, are going on strike and shutting down production of the company's best-selling planes.

Norfolk Southern said Wednesday it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate. His ouster comes after two difficult years in the top job and just days after the company’s board announced it was investigating him for alleged ethical lapses.

NEW YORK (AP) — Campbell is ready to drop the soup — at least from its official name. Campbell Soup Co. announced its intention to change its name at an annual meeting of investors on Tuesday. The 155-year-old food seller, which is most famous for its namesake canned soups, says it would now like to be known as Campbell's Co.

Norfolk Southern's CEO Alan Shaw is under investigation for potential ethical lapses, the railroad confirmed Monday. A spokeswoman for the Atlanta-based railroad which is one of North America's six largest declined to offer any additional details about the nature of the allegations against Shaw, who was promoted to the top job in the spring of 2022 after decades at Norfolk Southern.

ATLANTA (AP) — Walt Ehmer, the president and CEO of Waffle House and a member of the board of trustees for the Atlanta Police Foundation, has died at age 58, the foundation announced Sunday.

Boeing and its largest union said Sunday they reached agreement on a new contract that, if ratified, will avoid a strike that threatened to shut down aircraft production by the end of the coming week.

HONG KONG (AP) — World stocks tumbled Wednesday after Wall Street had its worst day since early August, with heavyweight Nvidia falling 9.5%, leading to a global decline in chip-related stocks.

With up to 17 rooms to clean each shift, Fatima Amahmoud's job at the Moxy hotel in downtown Boston sometimes feels impossible.

A  Boar’s Head deli meat plant in Virginia tied to a deadly food poisoning outbreak repeatedly violated federal regulations, including instances of mold, insects, liquid dripping from ceilings, and meat and fat residue on walls, floors and equipment, newly released records show.

WASHINGTON (AP) — Walmart has recalled nearly 10,000 cases of apple juice sold in stores across the U.S., including in Georgia, that were found to contain potentially harmful levels of inorganic arsenic.

The largest proposed grocery store merger in U.S. history is going to court.

MONTGOMERY, Ala. (AP) — More than 17,000 AT&T workers in nine states across the Southeast are on strike after accusing the company of unfair labor practices during contract negotiations this summer.

Home Depot's second-quarter sales rose slightly as the nation's biggest home improvement retailer benefitted from an $18 billion acquisition this spring, but customers continued to rein in spending because of broadly higher costs and elevated interest rates.

WASHINGTON (AP) — In the name of consumer protection, a slew of U.S. federal agencies are working to make it easier for Americans to click the unsubscribe button for unwanted memberships and recurring payment services.

Christina Westman dreamed of working with Parkinson’s disease and stroke patients as a music therapist when she started studying at St. Cloud State University.

NEW YORK (AP) — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy.

ATLANTA (AP) — The federal government is making its first loan to a crystalline silicon solar plant, loaning $1.45 billion to support a South Korean company's bid to build up key parts of the solar supply chain inside the United States.

Microsoft is joining cybersecurity software firm CrowdStrike in fighting back against Delta Air Lines, which blames the companies for causing several thousand canceled flights following a technology outage last month.

NEW YORK (AP) — A rising tide swept stocks higher, and calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 climbed 1% to break a brutal three-day losing streak.

NEW YORK (AP) — U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back losses from its worst day since 1987. The S&P 500 was rallying by 1.2% in morning trading and on track to break a brutal three-day losing streak.

DALLAS (BP) – Though markets are uneasy, a financial analyst with GuideStone Financial Resources urges calm. The confluence of high inflation, a weak labor report and the unwinding of a carry trade with roots in Japan has caused financial markets in the United States and around the world to shudder.

1 | 2 | 3 | 4 | 5 | 6 | 7 45 | Next »
Currently viewing stories posted within the past 7 years.
For all older stories, please use our advanced search.