More companies, especially airlines, warn higher costs will eat into profits
An American Airlines 787 is loaded with cargo at Philadelphia International Airport.Leslie Josephs/CNBCMore companies are warning that a surge in ...
Tag: Aerospace and defense industry
RTX to take $3 billion charge on Pratt & Whitney engine problem
Model of a Pratt & Whitney GTF engine is displayed at the 54th International Paris Air Show at Le Bourget ...
SpaceX is not yet cleared for another Starship Super Heavy test flight, FAA says
The Federal Aviation Administration said Wednesday that SpaceX is not yet clear for another test flight of its Starship Super ...
Labor unions are pushing hard for double-digit raises and better hours. Many are winning
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. ...
DOJ sues SpaceX alleging hiring discrimination against refugees and asylum recipients
A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, ...
UPS workers approve massive new labor deal with big raises
David Paul Morris | Bloomberg | Getty ImagesUPS workers ratified a massive five-year labor deal that includes big wage increases ...
Airlines add flights to get travelers off of Maui after deadly wildfires
Passengers try to rest and sleep after canceled and delayed flights while others wait to board flights off the island ...
Space company Redwire trims quarterly losses, builds order backlog past $270 million
A Redwire Corporation banner is displayed at the New York Stock Exchange, Sept. 8, 2021.Source: NYSESpace infrastructure company Redwire said ...
Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive
An Astra Spacecraft Engine during testing.AstraStruggling space company Astra is cutting 25% of its workforce, the company announced Friday, and ...
Amazon to build $120 million facility in Florida to prep Kuiper internet satellites for launch
An artist's rendering of the Project Kuiper satellite processing facility in Florida.AmazonAmazon will invest $120 million to build a satellite ...
