The ongoing machinist strike at Boeing is causing mounting costs and could lead to a downgrade in the company's credit rating if it drags on too long. The strike, which began on September 13, has already resulted in lost production and halted shipments from Boeing's suppliers. The company is facing
The streets of Beirut were filled with chaos and destruction on Friday, as an Israeli airstrike killed two top Hezbollah commanders and dozens of others. The strike was a significant escalation in the long-standing conflict between Israel and the militant group, and it has left many fearing the wors
The concern expressed by UFC CEO Dana White about the upcoming fight between Jake Paul and Mike Tyson indicates that he may have doubts about the event's success. When asked for his prediction about the bout, White replied, "I'm hoping what we're all hoping." He was then asked if the fight will take
Nike, one of the world's most recognized sportswear brands, is taking a fresh stride with the announcement that its CEO, John Donahoe, is stepping down. Donahoe, who has been at the helm since 2020, will retire on October 13, making way for Elliott Hill, a company veteran, to take over the reins. Hi
As the clock ticks closer to the September 30th deadline, the Senate majority leader, Chuck Schumer, is taking a crucial step towards a government funding extension. This move comes after the House rejected a proposal by Speaker Mike Johnson that aimed to link a six-month funding measure to a contro
Deep inside Russia, a Ukrainian drone strike ignited a massive fire at a military depot, forcing residents to evacuate and leaving at least 13 people injured. The attack, carried out by Ukraine's Security Service and Intelligence and Special Operations Forces, targeted a facility in Toropets, a town
In a bold move to mitigate the financial impact of the ongoing strike by 33,000 members of the International Association of Machinists, Boeing has taken the decision to temporarily furlough executives and nonunion workers. This move, announced by CEO Kelly Ortberg, aims to reduce cash outflows and e
As the Boeing machinists union and the company continue to negotiate, the situation has taken a dramatic turn. The union has rejected the company's latest contract offer, and the company has responded by announcing temporary layoffs for its executives, managers, and employees. The move is aimed at p
The world of entertainment is on the cusp of a major transformation, driven by the rapid advancement of artificial intelligence. As AI-generated performances become increasingly realistic, the need to protect the rights of actors and performers has become a pressing concern. In California, Governor
Boeing, one of the world's largest aerospace companies, is facing a perfect storm of financial woes, layoffs, and contract disputes. The company has announced plans to freeze hiring, reduce travel, and consider temporary layoffs to save cash during a factory workers' strike that began last week. The
