Boeing supplier Spirit Aero to furlough employees amid strike
Spirit Aero Systems announced Boeing plans to furlough 700 employees for 21 days on Friday as the company's employee strike continues. Hourly direct, support and administrative employees at the company in Wichita, Kansas, will face a suspension of paid employment on October 28th. “Given the pressures from our customers, we are implementing additional cost containment […]
Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Peter McNally, head of global analyst at Third Bridge, spoke on “The Big Money Show” about how the Boeing factory workers' strike is impacting business. Spirit AeroSystems on Friday announced it will furlough 700 employees for 21 days, as U.S. aircraft maker Boeing Co.'s more than month-long strike strains the company's cash and inventory space, […]
Port workers strike turns violent in Baltimore
The port workers strike in Baltimore turned violent Tuesday just hours after the contract between the ports and about 45000 … source
Israeli Military Investigating If Hamas Leader And October 7 Mastermind Yahya Sinwar Has Been Killed In Gaza Strike
Yahya al-Sinwar (C), leader of the Palestinian Islamist Hamas movement in the Gaza Strip, attends a rally commemorating Al-Quds (Jerusalem) Day, a commemoration of support for the Palestinian people celebrated on the last day of each year. Arrivals and waves to supporters on Friday, April 14, 2023, during the Muslim fasting month of Ramadan, in […]
US bombers strike Yemen weapons facilities controlled by Houthis
The United States attacked five military facilities controlled by the Houthi rebels in Yemen using B-2 bombers with precision strikes on weapons storage sites. Secretary of Defense Lloyd J. Austin III said in a statement: “The U.S. military is investigating the Houthi underground site, which houses a wide variety of weapons components that the group […]
NEWS 10/3: Israeli strike in central Beirut kills 7, fighting continues | LiveNOW from FOX
An Israeli airstrike on an apartment in central Beirut killed seven Hezbollah-affiliated civilian first responders. Israel has been … source
Washington lawmakers press Boeing, union to resolve monthlong strike
Four Democratic lawmakers from Washington state this week called on Boeing Co. and the union representing striking machinists in the Seattle and Portland, Oregon, areas to resolve the labor dispute. Some 33,000 machinists walked off the job just after midnight on September 13, marking the first strike by the International Association of Machinists and Aerospace […]
Israel is ready to strike Iran — with attack expected before US election
Reports say Israel's plan to counter-attack Iran is well-prepared and US officials expect the attack to take place before the US election. Israel's retaliation for Iran's massive ballistic missile barrage against the Jewish state earlier this month has put the escalating conflict in the Middle East at the forefront of US voters' minds ahead of […]
Hot air balloon strike, collapse of New Mexico radio tower caught on camera
A hot air balloon crashed into a radio tower and plummeted to the ground during a popular festival in Albaquerque, New Mexico, causing a temporary fire. Bernalillo County Sheriff's Office spokesman Kevin Carhart said the balloon was carrying three people during its descent around 8:45 a.m. local time Friday. The incident occurred during the 52nd […]
Boeing plans to raise up to $35 billion to shore up finances as strike continues
Boeing CEO Kelly Ortberg relocated to Seattle, where 33,000 Boeing employees took to the picket line. (Credit: Derrick Louie, Clarity Northwest Photography, Laura Halliday, Realogics Sothebys International Realty, KCPQ) Aerospace giant Boeing The company said in a regulatory filing Tuesday that it plans to raise up to $25 billion in stock and bond issuances while […]