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 […]
McDonald’s Fries Supplier to Shut Down Washington Plant, Lay Off 375 Workers as Fast Food Prices Soar
North America's largest french fry maker will close its Washington factory and lay off hundreds of workers, company officials announced in a recent earnings call. In an Oct. 1 article, Tom Warner, president and CEO of Lamb Weston Holdings, cited “sluggish” restaurant traffic and demand for frozen fries. press release Provides details of business failures […]
Major french fry supplier slashes jobs
Anthony Chan, former chief economist at JPMorgan Chase & Co., said lowering prices will be a “first-day priority” even though he is already president of Barney & Co. Responding to Kamala Harris. A major french fry supplier is cutting jobs as customers continue to count their pennies as prices soar at fast-food chains. Lamb Weston, […]
McDonald’s french fries supplier suddenly shutters factory, slashes jobs in alarming move
A major supplier of McDonald's french fries is cutting jobs as cash-strapped customers shun the fast-food industry due to soaring prices. Last week, Lamb Weston, North America's largest french fry maker, announced it would cut 4% of its global workforce and scale back production lines following a dismal financial report. As first reported by CNN. […]
Water Supplier American Water Works Says It Was Hit By Cyberattack
(Photo by Patrick Lux/Getty Images) OAN Staff James Myers11:02am – Monday, October 7, 2024 American Water Works on Monday reported an unspecified cyberattack on its IT systems, which provide drinking water and wastewater services to more than 14 million people. advertisement The New Jersey-based company became aware of the hack on Thursday and took the […]
Terrorist weapons supplier killed in Lebanon strike, Israel reports | LiveNOW from FOX
An Israeli strike in Lebanon eliminated Ayman Ratma, a man believed to be a weapons supplier for Hamas and other terrorist … source
Trump threatens farm equipment supplier with 200% tariff
Former President Donald Trump threatened to impose a 200% tariff on farm equipment supplier John Deere if the company goes ahead with plans to move some production to Mexico. “I love the company, but as you know, a few days ago they announced they were moving much of their manufacturing operations to Mexico,” Trump said […]
Boeing acquiring supplier Spirit AeroSystems for $4.7B
Boeing said Monday it plans to buy Spirit AeroSystems, a supplier it spun off from a subsidiary decades ago, in an all-stock deal for $4.7 billion. Boeing has outsourced some manufacturing processes to Spirit for years, but the move gives the company increased oversight and control over its manufacturing process amid ongoing scrutiny from federal […]
Boeing to buy supplier Spirit AeroSystems in $4.7bn deal | Boeing
Boeing has agreed to buy a parts supplier it sold nearly 20 years ago for $4.7bn (£3.7bn) as it seeks to improve safety on its production lines after a panel blew off on an Alaska Airlines plane in flight earlier this year. The under-pressure U.S. aircraft maker is buying Spirit AeroSystems, a supplier of fuselage […]
Veterans eyewear supplier accused of ‘bait-and-switch’ to undercut competition
Companies that supply eyeglasses to veterans are accused of setting low prices to win contracts with the Department of Veterans Affairs (VA), then jacking up the prices of upgrades at the expense of quality and using aggressive sales tactics to swindle veterans out of their money. Kentucky-based PDS Consultants, which is run by U.S. military […]