In Renton, Washington, an emblematic struggle is unfolding between Boeing and its machinists, marking a significant moment in the intertwining narratives of labor rights and corporate resilience. As nearly 30,000 machinists engage in a prolonged strike, the financial implications for Boeing add yet another layer of complexity to an already tumultuous situation. With rising living
Business
The recent departure of Ted Colbert, the head of Boeing’s defense unit, has sent shockwaves through the aerospace industry. Announced through a memo from CEO Kelly Ortberg, this change marks Ortberg’s first significant move since taking the reins less than two months prior. The decision underscores a pivotal moment for Boeing as it navigates a
American Airlines is currently engaged in significant negotiations to appoint Citigroup as its exclusive credit card partner, marking a critical shift away from its long-standing relationship with Barclays. This decision follows the airline’s merger with US Airways back in 2013, which initially gave rise to a dual-partnership arrangement with both Citigroup and Barclays. American Airlines
Darden Restaurants, a major player in the dining industry, disclosed its quarterly earnings on Thursday, revealing results that fell short of analysts’ expectations. The figures for the quarter ending on August 25 indicate a concerning trend, particularly within their flagship chain, Olive Garden, and the fine dining segment, which includes brands like Eddie V’s and
The Women’s National Basketball Association (WNBA) has taken a bold and significant step by announcing the addition of its 15th franchise in Portland, Oregon. Slated to begin play in 2026, this development marks a pivotal point in the league’s ongoing expansion. The Portland team, which remains unnamed as of yet, will be owned by RAJ
The rise of fintech companies has revolutionized the banking sector, offering consumers innovative solutions and easier access to financial services. However, incidents like the recent collapse of the tech firm Synapse have raised significant concerns about the security and management of customer funds. With thousands of Americans locked out of their accounts following this failure,
In a notable development, the United Auto Workers (UAW) union has escalated its conflict with Stellantis by filing unfair labor practice charges at the federal level. This move reflects ongoing frustrations within the union over perceived violations of contract terms, specifically concerning the production of the Dodge Durango. The filings come on the heels of
In an era where traditional television is increasingly challenged by streaming services, the recent deal between DirecTV and Disney represents a crucial moment for both companies in the fight for audience retention. After a two-week blackout that kept DirecTV’s 11 million subscribers from access to essential programming, including college football and the Emmy Awards, the
Cancer cachexia is a debilitating condition that impacts a significant number of cancer patients, often compromising their quality of life and survival outcomes. Recent advancements unveiled by Pfizer regarding a monoclonal antibody treatment, ponsegromab, offer much hope in the field of oncology. The drug has shown encouraging results in a midstage trial, drawing attention from
As the aviation giant Boeing prepares for a critical labor vote, the future of its workforce hangs in the balance. Workers are casting their ballots on a new labor contract that could mark not only a significant shift in their employment terms but also set the stage for a potentially disruptive strike. This vote, initiated