July 30, 2025 Panasonic announces new CEO, a former Boeing executive BY Associated Press Japanese electronics and technology company Panasonic has chosen a new chief executive after eking out a 1.2% rise in its first quarter profit. Kenneth William Sain, a former Boeing executive, will replace Yasuyuki Higuchi as Panasonic’s president and chief executive in April … Continue reading Panasonic announces new CEO, a former Boeing executive
October 23, 2024 Boeing reports $6 billion quarterly loss amid a crippling strike CEO Kelly Ortberg said Boeing needs ‘a fundamental culture change in the company.’ BY Associated Press Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday whether to … Continue reading Boeing reports $6 billion quarterly loss amid a crippling strike
October 14, 2024 17,000 jobs will be cut at Boeing as monthslong strike continues The layoffs will affect 10% of Boeing’s global workforce. BY Reuters Boeing will cut 17,000 jobs—10% of its global workforce—delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S. … Continue reading 17,000 jobs will be cut at Boeing as monthslong strike continues
September 05, 2024 Boeing workers could strike next week if a fair contract isn’t reached The IAM wants Boeing to provide guarantees that its next airplane program will stay in Washington state’s Puget Sound area. BY Reuters Acting U.S. Labor Secretary Julie Su on Wednesday encouraged Boeing and more than 30,000 of the planemaker’s factory workers … Continue reading Boeing workers could strike next week if a fair contract isn’t reached
July 02, 2024 Spirit’s CEO is in the spotlight as Boeing searches for new leadership Boeing has been looking for a new CEO after Dave Calhoun said he would step down by the end of the year. BY Reuters Boeing’s long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems, now shifts the focus … Continue reading Spirit’s CEO is in the spotlight as Boeing searches for new leadership
March 20, 2024 The Boeing whistleblower’s death reveals the cost of speaking out against corporate wrongdoing Whistleblowers such as John Barnett feel a sense of duty to report wrongdoing to uphold their profession’s standards. BY The Conversation A former Boeing employee who raised concerns about the company’s safety and production standards was found dead on … Continue reading The Boeing whistleblower’s death reveals the cost of speaking out against corporate wrongdoing
By Kelly Cloonan February 07, 2024 Spotify’s posts subscriber growth: Spotify reported a 23% rise in monthly active users in the fourth quarter, which now total 602 million, just ahead of analysts’ expectations of 601.33 million. The rise, announced Tuesday, comes after the company raised subscriber prices and cut thousands of employees in a … Continue reading Today’s top business headlines: Spotify adds users, Boeing faces new pressures, and Adam Neumann eyes a WeWork comeback
