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Boeing

Aerospace and defense manufacturer in the United States

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Boeing: Aerospace and defense manufacturer in the United States
The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the second-largest defense contractor in the world based on 2018 revenue, and is the largest exporter in the United States by dollar value. Boeing stock is included in the Dow Jones Industrial Average. Boeing is incorporated in Delaware.

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Boeing signals end of 747 jumbo jet - sources [Video]

Boeing signals end of 747 jumbo jet - sources

Boeing Co and suppliers set the final number of parts it would need for the 747 jumbo jet program at least a year ago, signaling the end for a plane that democratized global air travel in the 1970s...

Credit: Reuters Studio     Duration: 01:17Published
Dow plunges 1861 points [Video]

Dow plunges 1861 points

Wall Street plummeted Thursday as investors reacted to renewed fears of a pandemic resurgence and digested dour economic forecasts from the U.S. Federal Reserve. Fred Katayama reports on the market..

Credit: Reuters Studio     Duration: 01:22Published
Jobless claims decline but millions still out of work [Video]

Jobless claims decline but millions still out of work

Layoffs in the United States are abating, but millions who lost their jobs because of COVID-19 continue to draw unemployment benefits, suggesting the labor market could take years to heal from the..

Credit: Reuters - Politics     Duration: 01:44Published
Boeing Share Price Makes Rapid, Uncontrolled Descent [Video]

Boeing Share Price Makes Rapid, Uncontrolled Descent

Markets Insider reports aircraft manufacturer Boeing plummeted 12% on Thursday. Its share price descended after Spirit Aerosystems said it was directed by Boeing to pause the production of parts used..

Credit: Wochit News     Duration: 00:34Published
France unveils 15 bln euro aid package for jet makers [Video]

France unveils 15 bln euro aid package for jet makers

France has unveiled a 15 billion euro package of aid targeted at the country's aerospace industry, but also including support for Air France. Julian Satterthwaite reports

Credit: Reuters Studio     Duration: 01:23Published
Pilots take advantage of Britain's empty skies [Video]

Pilots take advantage of Britain's empty skies

Instead of a Boeing or Airbus flying overhead, Londoners are now likely to see a vintage biplane or two as a group of flying enthusiasts make the most of the empty airspace over the capital.

Credit: Reuters Studio     Duration: 01:37Published
Recovery hopes drive Wall Street higher [Video]

Recovery hopes drive Wall Street higher

Wall Street rallied broadly Wednesday with the Nasdaq approaching record highs as signs of an economic recovery from mandated shutdowns helped investors look beyond U.S. social unrest and pandemic..

Credit: Reuters Studio     Duration: 01:29Published
As airlines suffer, Wizz still bets on expansion [Video]

As airlines suffer, Wizz still bets on expansion

Budget carrier Wizz says it's sticking to expansion plans despite the global slump in air travel, but TUI says it's delaying new jet deliveries. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:24Published
Stocks rise on recovery hopes [Video]

Stocks rise on recovery hopes

U.S. stocks posted gains Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic and rising U.S.-China tensions. Fred Katayama..

Credit: Reuters Studio     Duration: 01:22Published
Boeing resumes production of 737 Max planes [Video]

Boeing resumes production of 737 Max planes

The American aerospace manufacturer Boeing has resumed the production of troubled 737 Max airplanes. Boeing said it would restart production "at a low rate as it implements more than a dozen..

Credit: ANI     Duration: 01:10Published
Boeing To Lay Off 7,000 [Video]

Boeing To Lay Off 7,000

Business Insider reports that Boeing will lay off 6,770 US employees. The company described the layoffs as "the first." More expected later in the year. Boeing has said it will need to reduce its..

Credit: Wochit News     Duration: 00:31Published
Boeing to announce U.S. job cuts this week: union [Video]

Boeing to announce U.S. job cuts this week: union

Boeing is set to announce significant U.S. job cuts this week, according to a union spokesman who told Reuters about the layoffs on Tuesday. Gloria Tso reports.

Credit: Reuters Studio     Duration: 01:00Published
How safe is cabin air? [Video]

How safe is cabin air?

Jet manufacturers and airlines are launching an urgent initiative to convince nervous travelers that the air they breathe on planes is safe, believing this is critical to rebuilding a travel industry..

Credit: Reuters Studio     Duration: 01:21Published
Rolls-Royce to cut 9,000 jobs amid air travel slump [Video]

Rolls-Royce to cut 9,000 jobs amid air travel slump

Britain's Rolls-Royce said on Wednesday it would cut at least 9,000 jobs from its global staff of 52,000 and could shut factories to adapt to the much smaller aviation market that will emerge from the..

Credit: Reuters Studio     Duration: 01:18Published
Empty middle seat? It depends where you're flying [Video]

Empty middle seat? It depends where you're flying

Airlines face deep confusion over whether middle seats should be left empty, or whether other measures should be taken to keep passengers safe from contagion. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:35Published
S&P jumps 3% on vaccine hopes [Video]

S&P jumps 3% on vaccine hopes

U.S. stocks soared Monday, and the S&P 500 closed at a 10-week high. As Fred Katayama reports, encouraging data for a potential coronavirus vaccine and the promise of more stimulus for the economy sent..

Credit: Reuters Studio     Duration: 01:37Published
U.S. Space Force launches Boeing-built spaceplane [Video]

U.S. Space Force launches Boeing-built spaceplane

The U.S. Space Force launched the Boeing-built test spaceplane X-37B into orbit for its 7th mission on Sunday from Cape Canaveral. Caroline Malone reports.

Credit: Reuters Studio     Duration: 01:19Published
Worst Wall Street week since March ends with a rally [Video]

Worst Wall Street week since March ends with a rally

U.S. stocks clawed back losses for a second day in a row in a volatile session but Friday's gains were not enough to stop the week from the biggest stock market drop since March. Conway G. Gittens has..

Credit: Reuters Studio     Duration: 02:10Published
Delta wrestles with too many pilots, too many planes [Video]

Delta wrestles with too many pilots, too many planes

Delta Air Lines expects to have 7,000 more pilots than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters...

Credit: Reuters Studio     Duration: 01:56Published

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Boeing set for critical 737 Max flight tests

US regulators may start tests this week as Boeing bids to clear a milestone for the crisis-hit aircraft.
BBC News - Published

Transparency needed to restore trust after 737 MAX crashes: FAA chief

U.S. FAA chief Steve Dickson will tell a Senate committee at a hearing on Wednesday that transparency is key to restoring public trust in the agency and planemaker Boeing Co in the wake of fatal 737..
Reuters - Published

Wall Street rises on Boeing, economic recovery hopes

A jump in Boeing shares led Wall Street higher on Wednesday, with investors hopeful of a rebound from a coronavirus-led economic slump amid continuing social unrest in the country.
Reuters - Published

S&P 500, Dow open higher as Boeing resumes 737 MAX production

The S&P 500 and Dow Jones indexes opened higher on Thursday, boosted by Boeing shares as the planemaker resumed production of its 737 MAX jets, but simmering tensions between the United States and..
Reuters - Published

Taiwan eyes further U.S. arms purchases with new anti-ship missile

Taiwan plans to buy land-based Boeing-made Harpoon anti-ship missiles as part of its military modernisation efforts, its defence ministry said on Thursday, the latest purchase from the United States to..
Reuters - Published

Boeing cutting more than 12,000 U.S. jobs, thousands more planned

Boeing Co said Wednesday it was eliminating more than 12,000 U.S. jobs, including involuntary layoffs of 6,770 U.S. workers as the largest American planemaker restructures in the face of the..
Reuters - Published

Boeing set to announce significant U.S. job cuts this week: union

Boeing Co is expected to announce U.S. job cuts this week after disclosing last month it planned to shed 10% of its worldwide workforce of 160,000 employees, people briefed on the plans and a union..
Reuters - Published

U.S. to mandate new safety-management tools for aircraft makers

The Federal Aviation Administration said Tuesday it would require Boeing Co and other aircraft manufacturers to adopt new safety-management tools following two fatal Boeing 737 MAX crashes that killed..
Reuters - Published

Saudi wealth fund boosts U.S. holdings with stakes in Citi, Boeing, Facebook

Saudi Arabia's sovereign wealth fund has bought minority stakes in major American companies including Boeing , Facebook and Citigroup , a regulatory filing showed, giving it a portfolio of nearly $10..
Reuters - Published

How Boeing went from appealing for government aid to snubbing it

In just six weeks, Boeing Co went from seeking government aid to announcing it no longer needed it.
Reuters - Published

Wall Street jumps on hopes of potential coronavirus drug

U.S. stocks opened higher on Wednesday after Gilead Sciences gave an encouraging update on a potential COVID-19 treatment, while upbeat earnings reports from Boeing and Google-parent Alphabet added to..
Reuters - Published

Futures rise on Alphabet, Boeing earnings ahead of GDP data

U.S. stock index futures rose on Wednesday, bolstered by solid earnings reports from Google-parent Alphabet and Boeing that provided some optimism as the country moved cautiously to ease lockdowns,..
Reuters - Published

Coronavirus: Boeing to cut 15,000 jobs in Covid-19 'body blow'

The plane-maker, already struggling after grounding the 737 Max, plans to axe 10% of its staff.
BBC News - Published

Exclusive: Boeing eyes major bond issue to raise funds

Boeing Co is working with investment banks on a multibillion-dollar bond-fueled financing package, aiming to shore up its balance sheet amid a sharp travel downturn from the pandemic, three people..
Reuters - Published

Wall Street set to rise as U.S. starts to reopen, Boeing gains

Wall Street was set to rise at the open on Monday as more states prepared to lift coronavirus-induced curbs and Boeing gained after pulling out of a deal to buy Embraer's commercial jets division.
Reuters - Published

After betting its future on Boeing, jetmaker Embraer scrambles for elusive plan B

Brazilian planemaker Embraer SA has been thrust into an uncertain future with no immediate plan B, while not ruling out seeking a bailout after Boeing Co jettisoned a $4.2 billion commercial aerospace..
Reuters - Published

Embraer hits out after Boeing scraps $4.2 billion tie-up

Boeing Co on Saturday pulled out of a $4.2 billion deal to buy Embraer's commercial jets division, sparking a furious response from its jilted partner and leaving plans for a U.S.-Brazil alliance from..
Reuters - Published

Boeing abandons $4.2 billion Embraer jetliner tie-up

Boeing Co on Saturday pulled out of a $4.2 billion deal to buy the commercial jets division of Brazil's Embraer , unraveling years of work on a transformative move driven by expanding competition with..
Reuters - Published

Boeing pulls out of $4.2 billion deal for Embraer's commercial jet unit

Boeing Co on Saturday said it had canceled a $4.2 billion deal to buy the commercial jets division of Embraer , unraveling years of work on what the Brazilian planemaker expected to be a transformative..
Reuters - Published

Proxy advisers recommend Boeing shareholders vote against key board members

Two proxy advisers, Glass Lewis and Institutional Shareholder Services (ISS), have recommended that shareholders of Boeing Co vote against key board members of the planemaker to show objections to the..
Reuters - Published

Boeing, Intel pressure Dow as investors wary of economic recovery

The Dow Jones headed lower on Friday, led by Boeing and Intel, with investors staying cautious about an economic recovery as some states prepared to relax the coronavirus-induced lockdowns.
Reuters - Published

S&P 500 gains on hopes of lockdown easing; Boeing, Intel weigh on Dow

The S&P 500 edged higher in choppy trading on Friday as some states prepared to relax curbs imposed to contain the coronavirus outbreak, but declines in Intel and Boeing weighed on the blue-chip Dow..
Reuters - Published

German plan sees Eurofighter, F-18 mix replacing Tornado: source

A German procurement proposal to replace Germany's aging fleet of Tornado fighter jets foresees the purchase of up to 93 Eurofighters, and up to 45 F-18s from Boeing, a German Defense Ministry source..
Reuters - Published

Wall Street gains on Boeing surge and coronavirus drug hopes

U.S. stocks rose on the day Friday and also posted gains for the week, boosted by a surge in Boeing shares, President Donald Trump's plan to reopen the coronavirus-battered economy and hopes of a..
Reuters - Published

Wall Street gains on Boeing news, Trump's reopening plan

U.S. stocks rose on Friday, helped by a surge in Boeing shares, President Donald Trump's plan to reopen the economy and hopes of a potential drug by Gilead to treat COVID-19.
Reuters - Published

Boeing, Trump's restart plan boost Wall Street

Wall Street bounced on Friday as Boeing said it would resume production of commercial jets next week, with investors also cheering President Donald Trump's plan to reopen the economy and on hopes of a..
Reuters - Published

Boeing restarting commercial airplane production next week

Boeing Co said it will resume commercial airplane production next week in Washington State after suspending operations last month in response to the coronavirus pandemic, and the company's chief..
Reuters - Published

Boeing 737 MAX cancellations pile up during production halt

Boeing Co on Tuesday reported another 75 cancellations for its 737 MAX jetliner in March, as the coronavirus crisis worsened disruptions from the grounding of its best-selling jet.
Reuters - Published

Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19

U.S. aero parts maker Triumph Group Inc said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks to cut capacity linked to Boeing commercial aircraft..
Reuters - Published

Boeing extends Washington state production shutdown indefinitely

Boeing Co said on Sunday it would extend the suspension of production operations at its Washington state facilities until further notice amid the coronavirus outbreak.
Reuters - Published

Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout

Boeing Co Chief Executive Officer Dave Calhoun outlined a plan of voluntary layoffs for employees on Thursday, while warning that the coronavirus pandemic would have a lasting impact on the global..
Reuters - Published

U.S. not bailing out airlines, Boeing not using federal money: Treasury Secretary

U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill before Congress is not an airline bailout and that taxpayers will be compensated for relief given to..
Reuters - Published

Exclusive: Japan favors home-grown design for next-generation fighter after rejecting foreign plans: sources

Japan wants to develop a stealth fighter domestically, rejecting designs from Lockheed Martin Corp and Boeing Co in the United States and Britain's BAE Systems PLC, three sources with knowledge of the..
Reuters - Published

Exclusive: Boeing plans 737 MAX production restart by May - sources

Boeing Co plans to restart 737 MAX production by May, ending a months-long halt triggered by a safety ban on its best-selling jet after fatal crashes, people familiar with the matter said on Tuesday.
Reuters - Published

Boeing CEO does not want U.S. to take stake in company after coronavirus stimulus

Boeing Co Chief Executive Dave Calhoun said on Tuesday he does not want the U.S. Treasury to take an equity stake in the planemaker as a condition of government loans as credit markets freeze amid the..
Reuters - Published

Wall Street bounces on hopes of $2 trillion stimulus, Boeing boost

Wall Street bounced from three-year lows on Tuesday on hopes of a major fiscal stimulus to blunt the economic damage from the coronavirus pandemic, while Boeing surged on signs that its grounded jet..
Reuters - Published

Boeing worker at Everett plant dies from coronavirus: Seattle Times

A worker at Boeing Co's Everett factory outside Seattle who had the coronavirus has died, the Seattle Times reported on Sunday, citing co-workers, a union official and a Facebook post by the man's..
Reuters - Published

Boeing eyes production pause as virus spreads: sources

Boeing Co is leaning toward a temporary work stoppage at its twin-aisle jetliner factories due to the spread of coronavirus, people familiar with the matter said on Thursday, echoing a similar move by..
Reuters - Published

Former U.N. ambassador Nikki Haley leaves Boeing board, opposing federal aid

Former U.N. ambassador Nikki Haley has resigned from Boeing Co's board after opposing its bid for government financial assistance due to the crisis caused by the coronavirus outbreak.
Reuters - Published

Factbox: From Boeing to Tennessee whiskey, coronavirus U.S. bailout requests top $2 trillion

As the coronavirus pandemic threatens to bring U.S. economic activity to a halt, American businesses are jockeying for a financial lifeline from President Donald Trump's administration and Congress.
Reuters - Published


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