Boeing furloughs thousands as no progress made to resolve strike
Boeing said on Wednesday it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike…
Amazon Boosts Warehouse Worker Pay by at Least $1.50 an Hour
Amazon.com Inc. is raising the pay of its hourly warehouse workers by at least $1.50 an hour and adding Prime…
JPMorgan in talks with Apple over Goldman credit card partnership
JPMorgan Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source familiar…
Japanese Share Sales Reach 20-Year High Despite Market Rout
Japanese companies have sold the most shares to the public in two decades, highlighting how not even an equity rout…
Cisco’s second layoff of 2024 affects thousands of employees
U.S. tech giant Cisco has let go of thousands of employees following its second layoff of 2024. The technology and…
Stocks Waver in Face of Debate on Size of Fed Cut: Markets Wrap
Stocks struggled for direction as a watchful tone spread across global markets before the Federal Reserve’s interest-rate decision. Traders are…
Intel Confirms $3 Billion Pentagon Chips Grant; Shares Gain
Intel Corp. said on Monday that it’s eligible to receive as much as $3 billion in US government funding to…
China’s Lenovo to make AI servers in India, opens new AI-centric lab
China’s Lenovo Group will start making artificial intelligence (AI) servers at its plant in southern India and opened an AI…
Boeing freezes hiring and executives first-class travel as massive strike continues
With a massive ongoing strike, Boeing Hiring Freeze is making some temporary cutbacks that could hit non-union staff hard. Boeing…
Boeing bosses blindsided by strike, on brink of crisis
Boeing bosses are staring down the barrel. The twists and turns of the past week paint a picture of managers…