Business

Boeing to cut 17,000 jobs as losses deepen during factory strike

  Boeing 737 MAX airliners are pictured at the company's factory in Renton, Washington, on Sept. 12, 2024. Stephen Brashear | AP 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...

Business

GM reports 2.2% decrease in third-quarter sales, but EVs make gains

  GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT — Increases in sales of electric vehicles and small crossovers helped General Motors report slightly better-than-expected sales during the third quarter. The Detroit automaker reported a...