Four of the largest U.S. manufacturers on Monday unveiled plans for a new group committed to train military veterans to work in the manufacturing sector.
General Electric Co., Alcoa Inc., Boeing Co. and Lockheed-Martin Corp. said they would provide financial support to the "Get Skills to Work Coalition." It... Read More »
It's a topic that reemerges in the national conversation every four years -- outsourcing. And this year, the corporate policy of sending jobs overseas, also known as "offshoring," has been front-and-center during the 2012 campaign, in large part because one candidate, Republican Presidential candidate, Mitt... Read More »
By Bridget Quigg
Once they've received their last paycheck from Uncle Sam, where do most military folks go to find the next one? It turns out that many don't travel far. Former military members often get picked up by companies that work directly with the federal government and the military.
Online salary... Read More »
By Kelli Dugan, Karen Jacobs and Tim Hepher
Airbus is about to get a Green Card.
Plans to build a $600 million plant in Mobile, Alabama to produce A320 passenger planes will give Europe's jet maker a strategic foothold on U.S. soil while breathing life into American manufacturing.
By retracing the... Read More »
By Roxana Hegeman
WICHITA, Kan. (AP) -- The Boeing Co., for decades the brand that helped support Wichita's claim as the aviation capital of the world, announced Wednesday it will shut down facilities in the city by the end of 2013 and send work to plants in three other states as it deals with defense... Read More »
By Hope Yen
SEATTLE (AP) -- Applause and cheers rang out after Unionized Boeing Machinists voted overwhelmingly to approve a four-year contract extension - a deal that grants the company labor peace and likely ends a federal complaint that had become a hot topic for Republican presidential... Read More »
By Douglas A. McIntyre
Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of employees at one time to earn it a place among the largest corporate layoffs in modern American history.
According to information 24/7 Wall St. has... Read More »
By Gene Johnson
SEATTLE (AP) -- Some unionized workers at Boeing say they hope their vote Wednesday on a four-year contract extension augurs a new, peaceful era in their relations with the company.
The Machinists union announced last week that it reached a tentative deal following secret talks initiated... Read More »
By Sam Hananel and Gene Johnson
SEATTLE (AP) -- As Boeing executive Jim Albaugh spoke to an aerospace conference in New York, recent strikes by the company's workers in Washington state weren't far from his mind.
"We've had strikes three out of the last four times that we've gone to the table with the... Read More »
By Laura MacInnis
(Reuters) - President Barack Obama could create millions of jobs by attracting more foreign capital to the United States, helping entrepreneurs and being more aggressive in energy, business leaders said on Monday. Read More »
For more than three dozen Boeing workers, it seems that making aircraft wasn't their favorite way of getting high.
A four-year investigation by federal agents turned up illegal sales of prescription drugs, including oxycodone and Xanax, at a Boeing plant near Philadelphia that makes military helicopters. Read More »
Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies paid in federal income tax, a pay study said Wednesday.
It also found that many of the companies spent more on lobbying than they did on taxes. Read More »
REUTERS -- Boeing Co will lay off about 510 employees in its Space Exploration division as the United States' space shuttle program draws to a close.
There will be no material impact on the company as a result of the job cuts, a spokesman for Boeing's Space Exploration division told Reuters. Read More »
What's the deal? The day after Boeing announces a $19 billion deal to produce 20 aircraft for China, the company lays off 1,000 workers in Southern California, as pointed out by journalist Gregory White at The Business Insider.
This comes, in addition to the 1,000 jobs in Orange County and the Long Beach /... Read More »