aerospace
S&P 500, Nasdaq rise on optimism ahead of rate cut, economic data
The S&P 500 and the Nasdaq climbed while the Dow was flat on Monday, as investors looked ahead to an anticipated Federal Reserve interest rate cut later in the week.
737 MAX
Exclusive: Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Spirit AeroSystems will tell employees that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier’s cash and inventory space
737
Boeing fine-tunes job cuts as major buyer slams 777X jet delay
Boeing faces a crucial test with employees, customers and investors after announcing 10% job cuts and $5 billion in charges as a crippling machinists strike enters a fifth week.
aerospace
SpaceX capsule for stuck astronauts docks at space station
September 29, 2024 – 4:55 PM PDT (Reuters) – A SpaceX Crew Dragon space capsule, which is due to bring home stuck…
401(k)
Boeing Employees Go On Strike After Rejecting 25% Increase In Pay, With Production In Question
Boeing employees walked off the job site at Boeing Factories near Seattle on Friday morning after union members voted to go on strike and reject a tentative contract that would have increased wages by 25% over a four-year span.
aerospace
Biden Admin Tried To Keep Chinese Spy Balloon Incident Hidden From Public
According to reports, the Biden Administration’s top authorities had planned to “conceal” China’s surveillance balloon from Congress and the public, until civilians in Montana saw the enormous white blimp.
aerospace
Analysts predict pilot shortage of 30k by 2030
The House Committee On Transportation And Infrastructure examines the challenges facing the U.S. aerospace workforce