US producer prices increased 0.2% in October, driven by higher service costs, including a 3.6% rise in portfolio management fees and a 3.2% jump in airline fares, data from the US Bureau of Labor ...

U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...

The cuts, which come after a labor union strike, equate to 10% of its workforce. “We are adjusting our workforce levels to ...

Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 217,000 for the week ended Nov. 9, the ...

Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor ...

Jobless claims fell by 4,000 to 217,000, while the four-week average fell from 6,250 to 221,000, according to an ABC News report ... Helene and the ending of the Boeing strike, which should allow its ...

Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the ...

Spirit Airlines' stock plunged 59% on Wednesday as the budget airline worked with creditors to restructure debt amid reports ...

A Boeing spokesperson said Friday ... Spirit AeroSystems spokesperson Joe Buccino said the temporary furloughs are part of a cost-cutting plan that includes a hiring freeze and restrictions ...

In what appears to be a conciliatory gesture to an angry workforce, Boeing CEO Kelly Ortberg said that workers who were ...

Boeing instituted rolling furloughs in September, with tens of thousands of employees ... requirements needed to receive ...

Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...