Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end a more than month-long strike that has hobbled the manufacturers’ aircraft production. The ratification vote is set for Wednesday. The new proposal includes 35% wage increases over four years, a higher signing bonus…
Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, a spokesman for the supplier said Friday. More than 32,000 Boeing workers walked off the job Sept. 13 after overwhelmingly rejecting a tentative labor deal with Boeing, deepening the aircraft producer’s financial strain and handing…
Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC. A new airplane could help the airplane manufacturer compete with much larger rivals Airbus and Boeing, which deliver hundreds of jets a year compared with Embraer’s dozens…
LONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next month, taking the fight back to Salesforce, which introduced its own configurable agentic AI tools in September. At its “AI Tour” event in London on Monday, Microsoft revealed plans to allow organizations to create their own…
Disney has tapped James Gorman to replace Mark Parker as the company’s next chairman, effective in January, as the media giant lays the groundwork to name a successor for CEO Bob Iger in early 2026, the company said Monday. Gorman joined Disney’s board less than a year ago and was named the head of the…
Chicken sandwiches, waffle fries, milkshakes — and now TV shows and podcasts? Chick-fil-A plans to launch a new app on Nov. 18, with a slate of original animated shows, scripted podcasts, games, recipes and e-books aimed at families. While it’s an unusual move for a restaurant company to wade into…
Indonesia’s Prabowo Subianto on Sunday took over as president of the world’s third-largest democracy, vowing to combat internal issues such as corruption that plague the country and to make it more self-sufficient. The 73-year-old has undergone a remarkable transformation, from being a former military commander facing unproven allegations of rights…
The video depicts a desperate, abandoned man trying to attack a sophisticated military drone with a wooden stick. Or perhaps it shows a defiant hero who is staring the enemy in the eye while fighting till the bitter end. It depends on who is watching. When the Israel Defense Forces (IDF) announced…
Millions of Cubans remained without power for a third day in a row Sunday after fresh attempts to restore electricity failed overnight The Cuban Electrical Union said about 16% of the country had had power restored when the aging energy grid again overloaded late Saturday. Officials did not provide an…
Britain’s King Charles III had just finished giving a speech to Australia’s Parliament House on Monday when an Indigenous senator began yelling, “You are not my king.” From the back of the room, Greens Senator Lidia Thorpe shouted at the royal couple, “Give us our land back, give us what…