Boeing Airplanes factory pictured in Everett, Washington state. Getty Images The World Trade Organization on Tuesday allowed the European Union to go ahead with tariffs on some $ 4 billion worth of U.S. goods, in retaliation for state subsidies extended to plane maker Boeing. The decision, which was expected, follows …
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Boeing BA, -1.62% rival Airbus AIR, -0.01% announced on Tuesday it would cut 15,000 jobs globally while travel location food specialist SSP SSPG, +2.14% said it would cut up to 5,000 staff as coronavirus continues to wreak havoc on the travel industry. Retailer Harrods and a host of other stores …
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Struggling Norwegian Air Shuttle ASA said it has notified Boeing Co. that it will cancel a deal to buy nearly 100 remaining planes, and is suing over losses related to the grounding of the 737-Max and 787 engine issues. In a statement on the company’s NAS, +6.03% website late Monday, …
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