Why 96% of Boeing's Machinists Voted to Go on Strike
Workers say the plane maker’s offer of higher wages doesn’t compensate for years of concessions they have made. Source link
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Breaking Business News/Latest Business Updates/World Business News Update
Starliner Astronauts Say NASA Ran Short of Time to Test Boeing Craft
Sunita Williams and Barry Wilmore said they had input into the decision to extend their stay in space to eight...
Boar's Head Closing Virginia Factory Tied to Deadly Listeria Outbreak
The company said the factory would close indefinitely after nine deaths were linked to the outbreak. Source link
Canada's Trudeau Says Officials Applying Pressure on Air Canada, Pilots' Union to Reach Deal
Canadian Prime Minister Justin Trudeau said federal officials are applying the required pressure on Air Canada and its unionized pilots...
Boeing Union Goes on Strike, Halting 737 Production
The company’s largest union rejected a contract that called for a 25% pay increase, dealing a financial blow when the...
PwC China Hit With Six-Month Ban Over Evergrande Crisis
Chinese regulators said the firm failed to maintain professional skepticism for its work related to the country’s recent real-estate bust....
As Temperatures Rise, Companies Turn to Technology to Cool Down Workers
New tools include apps that detect heat stress and clothing made with cooling fabrics. Source link
United Airlines Taps Elon Musk's Starlink for In-Flight Wi-Fi
The carrier plans to outfit its entire fleet with SpaceX satellite internet service as airlines see satellites providing faster, more...
Americans Clicked Ads to Get Free Cash. Their Health Insurance Changed Instead.
Facebook, Snapchat ads promise people $6,400 to switch insurers. Source link
Air Canada Talks With Pilots Union Hit Impasse, CEO Rousseau Says
The airline has said it could begin winding down operations as early as this weekend in anticipation of a strike....
Ballard Announces Restructuring to Lower Total Operating Expenses by More Than 30%
The restructuring comes about as the company works to maintain balance sheet strength amid a slowdown in hydrogen infrastructure development...
Warner Bros. Discovery Signs New Distribution Deal With Charter
The new multiyear pact will increase the overall fees Charter pays to carry Warner Discovery channels such as CNN, Food...
Sibanye-Stillwater Cuts Guidance, Swings to Wider-Than-Expected Net Loss
Sibanye-Stillwater cut its gold production guidance for the year and posted a swing to a wider net loss than analysts...
Verizon to Post $1.4 Billion Severance Charge After 4,800 Workers Take Buyout
Verizon Communications will book a third-quarter severance charge of up to $1.4 billion after roughly 4,800 employees accepted a buyout...
General Mills to Sell North American Yogurt Business for $2.1 Billion
General Mills said it agreed to sell its North American yogurt business, including its Yoplait brand, to two French dairy...
Dow Shares Retreat on Weak Forecast for 3Q
Dow said its third-quarter results are expected to come in lower after an unplanned event in late July at an...
Boeing CEO Kelly Ortberg Pleads With Union Not to Strike
The company’s largest union votes Thursday on a tentative agreement that calls for a 25% pay increase and commits Boeing...
Mastercard to Acquire Insight Partners' Recorded Future for $2.65 Billion
Mastercard agreed to acquire threat-intelligence company Recorded Future from Insight Partners for $2.65 billion, in an effort to expand its...
SpaceX Astronauts Conduct Spacewalk, Putting New Spacesuits to Test
Billionaire Jared Isaacman is helping to fund the first-ever commercial spacewalk that will test new SpaceX-designed suits. Source link
Air New Zealand Pauses Chicago Flights Due to Engine Shortage
Air New Zealand will pause one of the world’s longest nonstop flights for up to six months due to what...
