Boeing posts $6B loss as CEO calls for ‘fundamental culture change’
Boeing CEO Kelly Ortberg on Wednesday laid out a cautious path to rebuilding the struggling aircraft maker as a devastating strike balloons its quarterly loss to $6 billion. called for a “fundamental cultural change”. The company is facing losses of nearly $8 billion this fiscal year, as production of its 737 MAX, 777 and 767 […]
Boeing reports $6 billion loss ahead of pivotal union vote
Boeing Co. reported losses of more than $6 billion in the last quarter as a vote on a labor contract that could end a week-long strike that paralyzed the aviation giant begins Wednesday. “Returning Boeing to its former heritage will take time, but with the right focus and culture, we will once again be an […]
Satellite made by Boeing a ‘total loss’ after space ‘anomaly’
See what's being clicked on FoxBusiness.com. The Boeing satellite was deemed a “total loss” due to a space “anomaly,” its operator Intelsat said in a statement on Monday. The problem with the IS-33e, which was launched in August 2016 and entered service in January 2017, was first made public by Intelsat on Saturday. The McLean, […]
Boeing is expected to report a big Q3 loss, then wait for results of vote by striking workers
Wednesday is shaping up to be one of the most important days in a volatile year for Boeing. Boeing reported huge losses in the third quarter, will introduce a new CEO in its first earnings conference and learn whether its machinists will call off their strike. The company's aircraft production was paralyzed for more than […]
Boeing-made satellite explodes to bits in space: ‘Total loss’
A communications satellite built by Boeing exploded and shattered while orbiting space, resulting in a “total loss” of equipment used to serve customers in Europe, Africa and parts of the Asia-Pacific region. “did. The company that bought the satellite from Boeing announced on Monday that the IS-33e satellite had completely stopped working, after initially saying […]
Bucs star Chris Godwin suffers gruesome ankle injury broadcast won’t show in loss to Ravens
The Tampa Bay Buccaneers didn't just lose to the Baltimore Ravens on Monday Night Football. Star receiver Mike Evans left the field early after re-aggravating his hamstring injury, while his counterpart Chris Godwin suffered a serious ankle injury and was forced off the field with 43 seconds left, ESPN broadcast. refused to be rebroadcast. Buccaneers […]
ESPN analysts question Jets’ identity after latest ugly loss
The Jets have a roster full of playmakers like Aaron Rodgers and the newly acquired Davante Adams, but it's the team that produces results, not the roster. That was the point Monday when Damian Woody and Rex Ryan went home on ESPN's “Get Up.” They lost their fourth straight game on Sunday (a 37-15 loss […]
49ers fear Brandon Aiyuk suffering season-ending ACL tear in loss to Chiefs
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Heroes, zeros from Jets’ loss to Steelers: Aaron Rodgers struggled again
Heroes, Jets lose 37-15 to Steelers on Sunday, zero points: hero Steelers quarterback Russell Wilson was controversially given his first start of the season after going 4-2 against Justin Fields, but he played a great game and made head coach Mike Tomlin look like a genius. It made me think. He completed 16 of 29 […]
Saquon Barkley runs roughshod, Daniel Jones benched in Giants loss
The boos at the start were loud. Fans were talking, but not welcoming Saquon Barkley back. The heckling got even louder after that, directed not at the former Giants running back, but at their own team, their shabby and downtrodden offense, and their failing quarterback. The fans were talking. They've seen enough of this nonsense. […]