WICHITA, Kan. (AP) Problems for Boeing and its troubled 737 Max aircraft, which appear to be growing deeper, have begun to ripple outward with a major supplier announcing Friday that it will lay off…
Just over a week ago, Caterpillar laid off 120 workers at its plant in Victoria, Texas. That concerned us, not just because those are 120 Texans suddenly unemployed, but also because Caterpillar is one of…
DETROIT (AP) Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce. The company has said it was undertaking a major restructuring, and today said that it will…
(AP) The number of Americans filing for unemployment benefits dropped to the lowest level in nearly half a century. The Labor Department says claims for jobless aid fell by 5,000 last week to 192,000,…
MCLEAN, Va. (AP) The publisher of USA Today and other newspapers is rejecting a $1.36 billion buyout from a hedge-fund backed media group with a history of taking over newspapers and slashing jobs. MNG…
DETROIT (AP) General Motors will cut up to 14,000 workers in North America and put five plants up for closure as it abandons many of its car models and restructures to focus more on…