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Boeing said on Wednesday it would cut its 160,000-person workforce by about 10 percent, further reduce 787 Dreamliner production and try to boost liquidity as it prepares for a years-long industry recovery from the coronavirus pandemic that drove its second consecutive quarterly loss. Planemakers, airlines and suppliers have been left reeling by the pandemic, which …
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Earlier this week, in a conversation with a veteran player representative, I asked if the Commissioner’s Office and the Players Association would be the scorpion from The Scorpion and the Frog. In the fable, the scorpion convinces a frog to carry him across the river. The frog says no because you will sting me. The …
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Iggy Pop borrowed his pants. Beyoncé’s mom bought a studded jacket off him for her daughter’s tour. And when Debbie Harry needed someone to zip her into thigh-high boots, he was the man for the job. Jimmy Webb, who died this week at 62 from cancer, made his name outfitting rock royalty. An eccentric scenester …
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Boeing 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. The US planemaker posted a total of 150 MAX cancellations in March, including 75 previously reported from Irish leasing company Avolon. New cancellations came from buyers including 34 …
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The Tiger King, he is not. Dan McKernan was making $100,000 at a tech job in Austin, Texas — until he gave it all up to move over 1,000 miles away and set up a sanctuary for farm animals in Illinois. McKernan, his father and his twin brother, Chris, are the stars of Animal Planet’s …
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Thousands of Delta Air Lines employees have volunteered for unpaid time off as the carrier tries to save money during the coronavirus crisis. Some 35,000 workers have signed up for unpaid leaves of absence that the Atlanta-based carrier started offering last month, CEO Ed Bastian said in a Thursday memo. That amounts to more than …
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Boeing Chief Executive 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 aerospace industry. Under the plan, eligible employees who want to exit the company will be offered pay and benefits package, Calhoun said in a memo. “We’re …
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Two items are becoming more and more probable if there is going to be a major league season this year: 1. It is going to begin without crowds. 2. It is going to begin without a standard minor league feeder system. Central to the agreement that was reached last week between MLB and the Players …
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Though news of the coronavirus pandemic has been discouraging, NBA executives still cling to hope of arranging a one-site, fan-less, 16-team playoff and a five-to-seven-game regular-season prelude, according to multiple NBA sources. “They’re very determined to have a champion,” one industry source said. The playoffs could be reduced to a slew of best-of-three series across …
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Wendy Williams is concerned about her “saggy boobs” now that elective surgeries have been suspended at New York City hospitals amid the coronavirus pandemic. The talk show host, 55, appeared on “The Dr. Oz Show” to discuss how COVID-19 is affecting Hollywood — and her personally. Although she supports the decision to close non-essential businesses and …