Business

Boeing Moves To Completely Shut Down Airliner Production

1 month ago   |   By Forbes

With the closure of its 787 factory in South Carolina, the company will completely halt assembly of commercial aircraft for an indefinite period as the coronavirus pandemic wreaks havoc on aviation.
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Boeing will keep its Seattle-area factories closed indefinitely because of the coronavirus pandemic

Boeing will keep its Seattle-area factories closed indefinitely because of the coronavirus pandemic

1 month ago   |   By Business Insider

Boeing will keep its Washington state factories and plants closed indefinitely because of the coronavirus pandemic .
The company previously said the facilities would close for two weeks, but has extended the closure as the number of COVID-19 cases grow in Washington.
The closing brings fresh uncertainty to the status of the 737 Max , the production of which has been on hold since January.
Visit Business Insider's homepage for more stories .
Boeing will keep its Washington state manufacturing facilities closed "until further notice," the company said in a statement late Sunday.
The...
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Marine Corps officially bans Confederate battle flag on military bases...

Marine Corps officially bans Confederate battle flag on military bases - including on bumper stickers and coffee mugs

The US Marine Corps has officially banned the Confederate battle flag from both public and work spaces on its military bases - including its display on vehicle bumper stickers... Read more ...

Trump said he hopes George Floyd is 'looking down' from heaven and...

Trump said he hopes George Floyd is 'looking down' from heaven and appreciating the US' strong May jobs report: 'It's a great day for him'

Trump touted a strong May jobs report and said he hoped George Floyd, the Minneapolis man who died in an interaction with police ten days ago, was looking down and appreciating... Read more ...

'No, Macy, I have to disagree with you': Jeff Bezos claps back at an Amazon...

'No, Macy, I have to disagree with you': Jeff Bezos claps back at an Amazon customer complaining about the Black Lives Matter site banner

Amazon CEO Jeff Bezos remained steadfast in his support for the Black Lives Matter movement after a customer emailed him expressing disapproval of the Amazon website's Black... Read more ...

'Greatest miss in forecasting history': 4 economists and strategists react...

'Greatest miss in forecasting history': 4 economists and strategists react to Friday's surprising May jobs report

The May jobs report released Friday from the Labor Department showed the US economy gained 2.5 million jobs and the unemployment rate declined to 13.3%. It was a major surprise... Read more ...

Reddit co-founder resigns from board, urges black replacement

Reddit co-founder resigns from board, urges black replacement

Alexis Ohanian, co-founder of the link-sharing site Reddit, announced his resignation from the company's board of directors Friday and called on the company to replace him with... Read more ...

Marriott says Trump ordered stop to Cuba hotel business

Marriott says Trump ordered stop to Cuba hotel business

The Trump administration has ordered Marriott International to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been... Read more ...

Grubhub rockets 11% on reports of takeover interest from 2 European peers

Grubhub rockets 11% on reports of takeover interest from 2 European peers

Grubhub stock surged as much as 11.5% Friday afternoon on reports European peers Just Eat and Delivery Hero are interested in a takeover of the food delivery service. Grubhub... Read more ...

Developers are marketing bankrupt Neiman Marcus's flagship store - the heart...

Developers are marketing bankrupt Neiman Marcus's flagship store - the heart of NYC's glitzy $25 billion Hudson Yards mega-mall - as office space

Hudson Yards developers Related and Oxford are offering Neiman Marcus's nearly 200,000 square foot store - along with other space - to office tenants, according to marketing... Read more ...

Mainstream Media Ignores Black Unemployment Rising While Celebrating Jobless...

Mainstream Media Ignores Black Unemployment Rising While Celebrating Jobless Rate

Headlines across the internet repeatedly pointed in celebratory terms to the jobs report for May that was released Friday morning. But the good news of the jobless rate... Read more ...

Republicans cheer latest unemployment data

Republicans cheer latest unemployment data

Republican congressional leaders were ecstatic with Friday's unexpectedly positive jobs report, coming after months of grim news over the coronavirus pandemic and the imploding... Read more ...