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Under pressure from Trump to save jobs, GM acts in Canada, Ohio
Under political pressure not to cut jobs, General Motors Co announced on Wednesday it was in talks to sell its Lordstown, Ohio, plant to an electric truck-building company and also said it would maintain some operations at a Canadian factory......»»
Trump attacks GM, says they "better damn well open a new plant" in Ohio after the automaker announces layoffs, factory shutdowns
Chip Somodevilla/Getty Images President Donald Trump attacked General Motors over the automaker's shake-up announced Mo.....»»
1,600 layoffs coming at Belvidere Jeep Cherokee factory
Some 1,600 jobs are being cut at a Jeep Cherokee factory in northern Illinois as automakers continue being plagued by the global shortage of semiconductors. One of the two work shifts at the Belvidere A.....»»
Federal aid for airlines means Southwest won"t reduce workforce as previously planned, Bloomberg reports
Southwest Airlines won’t be cutting jobs and wages as it had previously announced, due to President Donald Trump signing the $900 billion stimulus bill Dec. 27, Chairman and CEO Gary Kelly told employees in an email, Bloomberg reported. Kelly sent th.....»»
Taiwanese Apple Supplier TSMC To Build $12B US Chip Factory After Months Of Pressure From Trump Administration
Taiwan Semiconductor Manufacturing Ltd. (NYSE: TMC)Â announced on Friday (Taipei time)Â that it is building an "advanced" semiconductor manufacturing facility in the United States. read more.....»»
Boeing supplier Spirit AeroSystems lays off 1,450 Kansas employees
Spirit AeroSystems Holdings Inc. , a Boeing Co. and Airbus SE supplier, announced late Friday layoffs affecting about 1,450 hourly and salaried employees in its Wichita, Kansas, facilities as demand for commercial aircraft has plunged amid .....»»
Boeing reveals layoffs amid bailout talk
Boeing still hasn’t publicly revealed whether it will accept a bailout, but the company has announced a sizable round of layoffs due to the coronavirus.... The post Boeing reveals layoffs amid bailo.....»»
Boeing Commercial Airplanes gets a new CFO and suppliers may not celebrate his promotion
The appointment was announced internally today by Boeing Commercial Airplanes President and CEO Stan Deal as part of another set of moves inside the Chicago-based jet maker's commercial aircraft manufacturing business......»»
Boeing to close production facilities in S.C.
The Chicago-based aerospace giant announced Monday that it would indefinitely halt operations at a South Carolina factory that produces 787 passenger jets......»»
Boeing shares retreat 2% on temporary closure of South Carolina factory
Boeing Co. shares were down 2% in extended trading Monday after it announced it will temporarily suspend all 787 operations at its Charleston, S.C., factory, according to company officials. The suspension starts at the end of the second s.....»»
Boeing is donating 3 massive oversized cargo planes to distribute coronavirus-related supplies. Take a look at the "Dreamlifter".
cpaulfell / Shutterstock.com President Donald Trump announced that Boeing will be donating the use of its 747-400LCF Dreamlifter to aid in COVID-19 supply distribution. The Dreamlifter is one o.....»»
Coronavirus shockwave rocks airplane manufacturers, suppliers
The pandemic is taking its toll on aerospace manufacturing, as Boeing Co announced it would halt production of most widebody jets and Airbus SE restarted only partial output after a four-day shutdown as suppliers cut jobs......»»
French finance minister warns Renault against job cuts, factory closures
French Finance Minister Bruno Le Maire warned Renault on Tuesday against shutting factories in France and cutting jobs there after the carmaker announced "no taboos" cost cuts last week......»»
Rex Nutting: Trump is coming up short on his promises to restore all the factory and mining jobs
President Trump’s promises to bring back jobs are coming up short......»»
Boeing"s Max troubles begin to spill into the broader economy
Leaders in Wichita, Kansas, suffered a series of gut punches in recent weeks after their biggest employer, Spirit AeroSystems, said it would stop working on the troubled Boeing 737 Max jetliner and later announced 2,800 layoffs in its home city......»»
Boeing"s Max troubles begin to spill into the broader economy
Leaders in Wichita, Kansas, suffered a series of gut punches in recent weeks after their biggest employer, Spirit AeroSystems, said it would stop working on the troubled Boeing 737 Max jetliner and later announced 2,800 layoffs in its home city......»»
Layoffs, hiring freeze hit Boeing 737 Max suppliers before factory production halt
One supplier handed out pink slips just before Christmas, while another launched a detailed review of operations before decisions are made about its own workforce in January......»»
17 photos from inside Trump"s tour of an Apple factory with Tim Cook (AAPL)
AP Photo/ Evan Vucci President Trump visited Apple's Austin manufacturing plant yesterday, and CEO Tim Cook gave him a tour. Apple produces the new Mac Pro in the.....»»
Trump "Opened" A New Apple Factory That Has Been Running For Six Years
President Donald Trump on Wednesday visited a Flex Ltd. (NASDAQ: FLEX) facility in Austin, Texas, which is assembling Apple Inc.’s (NASDAQ: AAPL) new Mac Pro computers, CNBC 0.....»»
Uber cuts 350 jobs in latest round of layoffs
According to TechCrunch, Uber's CEO announced the layoffs in an email sent to employees Monday......»»