Boeing Signals More Orders Needed Before India Assembly Line
Boeing has indicated that it needs more aircraft orders from India before considering setting up a commercial jet assembly line in the country, tempering government expectations.
Boeing to cut 396 jobs in Washington by February as part of a 10% workforce reduction, following cost-cutting measures after a factory workers' strike in September.
US-based aerospace company Boeing announced that it will reduce its workforce in the state of Washington by 396 employees as part of a broader plan to cut its headcount by 10%.
According to a filing with the Washington State Employment Security Department, these redundancies will take effect in February next year.
In response to financial pressures following a factory workers' strike in September, Boeing has implemented several cost-cutting measures, including a hiring freeze, restrictions on travel, and the suspension of non-essential expenditures.
The company had previously disclosed in October its intention to reduce its workforce by 10%. Similarly, a notice issued in November outlined plans to lay off over 2,500 employees across Washington, Oregon, South Carolina, and Missouri.
The iconic Dubai Fountain will close for five months starting in May for a major upgrade, enhancing its technology, choreography, and sound system. Visitors can expect a more spectacular show when it returns in October.
Apple is reportedly working on a version of AirPods Pro with integrated cameras, set to launch as early as 2027, according to Bloomberg’s Mark Gurman. While the cameras won’t be featured in the upcoming AirPods Pro 3, the new tech aims to enhance AI-driven features and spatial audio integration.
Public sector strikes are causing major disruptions across Germany, including halted public transport in Frankfurt, as workers demand higher pay and better conditions.
Elon Musk has called for the shutdown of Radio Free Europe/Radio Liberty (RFE/RL) and Voice of America (VOA), arguing that the U.S.-funded media outlets serve as government propaganda tools and waste taxpayer money.
Oxford researchers unveil a scalable quantum supercomputer capable of quantum teleportation, paving the way for next-gen tech with enhanced security and computational power.
Blue Origin, the space exploration company founded by Jeff Bezos, is laying off 10 percent of its workforce - approximately 1,400 employees - in an effort to streamline operations and reduce bureaucracy, CEO Dave Limp announced in an internal email.
It seems Apple is ready to show off something new. In a tweet on Thursday, CEO Tim Cook told Apple aficionados to "get ready to meet the newest member of the family."
Estée Lauder and L’Oréal are facing challenges in the Chinese market as local beauty brands gain popularity. Rising competition, shifting consumer preferences, and economic factors have impacted sales, forcing global cosmetics giants to adapt their strategies.
Chinese tech stocks fell after reaching multi-year highs as AI-driven gains slowed. Traders locked in profits amid economic concerns, with Alibaba and Baidu retreating from their intraday peaks.
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