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A month into the strike of 33,000 Boeing machinists with no end in sight, Boeing’s issues are piling on. Boeing CEO Kelly Ortberg announced Friday, Oct. 11, the company will lay off 17,000 employees, which accounts for roughly 10% of its staff. “Our business is in a difficult position, and it is hard to overstate…
Hurricane Milton heads toward Florida and is expected to arrive as soon as late Wednesday night. And details on the Afghan national now in federal custody for planning a massive attack for Election Day and how authorities caught him. These stories and more highlight your Unbiased Updates for Wednesday, Oct. 9, 2024. Florida prepares for Hurricane…
Hurricane Milton isn’t just disrupting plans on Earth but in space as well. NASA has revealed that four astronauts will have to wait a few days longer than expected to return home because of the hurricane. NASA and SpaceX originally scheduled departure for Monday, Oct. 7, for the Crew-8 Mission from the International Space Station…
Boeing and machinists are back at the negotiating table the morning of Monday, Oct. 7, after more than a week of stalemate. The International Association of Machinists and Aerospace Workers said Boeing’s last offer disrespected the entire union after the company released the terms to the public before the union had responded. Even then, 80%…
The U.S. economy added far more jobs than anticipated in September while the unemployment rate ticked down to 4.1%. According to the latest data from the Bureau of Labor Statistics (BLS), the U.S. added 254,000 jobs in September when economists expected around 150,000. In August, preliminary data showed 142,000 jobs added and 4.2% unemployment. With…
Boeing is bleeding cash and looking for a way to plug the wound. Will $10 billion do the trick? According to a Bloomberg report from Tuesday, Oct. 1, the troubled company is considering raising $10 billion by selling new stock. It’s not a done deal and sources said it likely would not happen until after…
Some of the busiest ports in the country could be all but shut down come Tuesday, Oct. 1, as dockworkers up and down the U.S.’ Atlantic and Gulf Coasts prepare to strike. A shutdown could cause shortages and potentially price increases throughout the country right as the holiday shopping season gears up. The International Longshoremen’s…
Two astronauts who have been stuck at the International Space Station since June are one step closer to returning to Earth. The SpaceX Crew Dragon capsule that will ferry NASA astronauts Butch Wilmore and Suni Williams home arrived at the ISS Sunday, Sept. 29. Wilmore and Williams rode Boeing’s Starliner to the ISS in June for…
Hamas says its leader in Lebanon was killed in the latest rounds of Israeli airstrikes as the war in the Middle East escalates. And two astronauts stranded on the International Space Station are now one step closer to returning home. These stories and more highlight your Unbiased Updates for Monday, Sept. 30, 2024. Hamas says leader in Lebanon killed in Israeli…
Another strike against the already embattled jet maker Boeing; the National Transportation Safety Board has issued an “urgent safety recommendation” warning critical flight controls could jam in certain passenger planes. The issue was first seen on a United Airlines flight in February, but the NTSB now says it could happen on other planes. The warning applies…
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