Tag: losses
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Blinken can claim one win after Mideast trip, but also plenty of losses
Secretary of State Antony Blinken arrived back in the United States just as Israel was striking Iran — its anticipated retaliation for a massive missile strike earlier this month. There was obvious relief among State Department officials as they heard the initial reports: Israeli Prime Minister Benjamin Netanyahu had bent to Blinken’s urging to strike…
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Boeing to cut 17,000 jobs as losses deepen during factory strike
Boeing will cut 10% of its workforce, or about 17,000 people, as the company’s losses mount and a machinist strike that has idled its aircraft factories enters its fifth week. Boeing expects to report a loss of an $9.97 a share in the third quarter, the company said in a surprise release on Friday. It took charges in…