Boeing Supplier Spirit AeroSystems to Lay Off Hundreds
The parts maker said it would cut 400-450 jobs in response to a slowdown in production at Boeing.
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Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.
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Prosus Taps iFood’s Fabricio Bloisi as New Chief
Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.
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Boeing Violated Criminal Settlement After 737 MAX Crashes, Justice Department Says
The U.S. government could seek to extend a probationary period for the plane maker or prosecute it for earlier misconduct.
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Walmart’s Reign as America’s Biggest Retailer Is Under Threat
With Amazon on its heels, the nation’s biggest company by revenue is hunting for ways to continue growing.
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With America Off-Limits, China EV Makers Aim to Conquer Rest of World
Carmakers in China are accelerating a sales push in Europe and Southeast Asia and are looking to produce more abroad.
With America Off-Limits, China EV Makers Aim to Conquer Rest of World Read More »
