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Obama's Job-Creation Team Full of Job Cutters

Advisers from Xerox, Kodak have laid off thousands

(Newser) - Tomorrow, President Obama will meet with his council of advisers on job creation; trouble is, many of its members seem to know more about cutting jobs than adding them. The head of American Express, for example, was appointed to the council days after AmEx cut 550 jobs—despite the firm...

37 Busted in FBI Raid on Boeing Plant

Prescription drugs allegedly being bought, sold illegally

(Newser) - A handful of workers at Boeing's Ridley Park plant were apparently doing more than building military aircraft: The FBI today arrested 36 current and former employees, along with a 37th individual, who were allegedly involved in illegally distributing prescription drugs. The Philadelphia Inquirer reports that the arrests follow a...

Boeing Finally Delivers Dreamliner— Take a Tour

First plane delivered after years of delays

(Newser) - The Boeing 787 Dreamliner is finally taking off—just three years behind schedule. Yesterday, the much-anticipated jet was officially delivered to its first customer, Japan’s All Nippon Airways. With a ceremony planned for today in Everett, Wash., reporters are getting a look at the nifty features that set the...

Many Firms Pay CEOs More Than the Taxman

Liberal think tank singles out 25 of the 100 highest-paid execs

(Newser) - Many in Washington are calling for lower corporate taxes, but many US corporations have now become so adept at dodging the taxman that they’re paying their CEOs a lot more than Uncle Sam, according to a new study from a liberal think tank. The study found that 25 of...

Joe Nocera: National Labor Relations Board's Boeing Complaint Shows Democrats Slowing Job Growth
 Hey, Obama: Dems 
 Slow Job Growth, Too 
joe nocera
Aug 23, 2011 4:36 PM CDT

Hey, Obama: Dems Slow Job Growth, Too

Labor agency's action against Boeing is case in point: Joe Nocera

(Newser) - President Obama has been rightly railing against Republicans for blocking job-creation measures, but they're not the only ones. Boeing is ready to start building its 787 Dreamliners partially in a new South Carolina plant, home to 5,000 nonunion workers. But the National Labor Relations Board wants to leave...

Post-Shuttle Era NASA: Now What?

Agency lacks clear vision for future of space exploration

(Newser) - Atlantis' wheels will hit Earth early Thursday, closing out NASA's epic 30-year space shuttle program for good. But when the dust clears, the space agency has no clear replacement program on the horizon to lead America's return to space, notes the LA Times . Rather, the trailblazing agency is...

Airbus' Star Jet Grounded After Air Show Flub

Airbus faces series of setbacks at Paris Air Show

(Newser) - The world’s biggest air show begins today, but Airbus won't be showing off the gem of its fleet—the superjumbo A380 has been grounded after it collided with a taxiway building, damaging its wingtip. It’s just one of several Paris Air Show embarrassments for the Boeing rival,...

Misaligned Rivets Found on Ruptured Southwest Jet

NTSB finds fatigue cracks along tear in Boeing 737's skin

(Newser) - A federal investigation has revealed possible manufacturing flaws behind the mid-flight fuselage rupture of a Southwest Airlines Boeing 737 earlier this month. National Transportation Safety Board probers have discovered that rivet holes on one layer of the 15-year-old aircraft's skin did not line up properly with the layer below,...

Boeing Lands $35B Air Force Contract

Beats out Europe company to build new refueling tankers

(Newser) - It took a decade and two false starts, but Boeing has finally landed the massive Air Force contract to build the military's next generation of refueling planes, reports the Seattle News . The decision surprised plenty of defense analysts who figured that the $35 billion contract would go to Europe's EADS,...

US Illegally Subsidized Boeing, WTO Rules

Airbus thinks $45B in retaliation is 'realistic'

(Newser) - The US has given billions of dollars in illegal subsidies to Boeing, the World Trade Organization formally ruled today after months of investigation. The WTO has now found that both Boeing and Europe's Airbus received illegal aid from their respective governments, leaving the US and European Union to negotiate a...

US Testing Next Generation of Spy Drones

Stealthy new planes can fly higher and faster than before

(Newser) - Last week, the US ran a secret test of an experimental spy plane that could revolutionize the war in Afghanistan. The $30 million plane, dubbed the Global Observer, has a wingspan almost as long as a Boeing 747, and can fly at stratospheric heights for days, keeping its “unblinking...

'Salesman' Diplomats Pitch Perks for Boeing Deals
'Salesman' Diplomats Pitch
Perks for Boeing Deals
WIKILEAKS reveal
Jan 3, 2011 3:21 AM CST

'Salesman' Diplomats Pitch Perks for Boeing Deals

Politics a big part of billion-dollar global airline deals

(Newser) - Turkey wants its astronaut to fly with NASA. The king of Saudi Arabia wants his plane to have all the same high-tech amenities as Air Force One. Bangladesh wants landing rights to resume at Kennedy International Airport. All are apparently up for grabs as perks if the nations sign contracts...

Fire Forces Dreamliner to Land
 Fire Forces Dreamliner to Land 
Nov 10, 2010 8:53 AM CST

Fire Forces Dreamliner to Land

Boeing grounds entire 787 test fleet

(Newser) - Is the Boeing 787 cursed? Boeing today announced that it will ground its entire test fleet of the long-delayed Dreamliner, after a fire forced one to make an emergency landing yesterday. The plane was making its final approach to Laredo, Texas, when the crew reported smoke in the cabin, possibly...

10 Worst-Managed Companies of 2010

Yahoo, Boeing are new entries

(Newser) - TheStreet.com has its least favorite companies listed on its site. It has two new additions and many returning losers. New to its list of the most egregiously poor performers is Yahoo. Both Yang and Bartz are dissed equally. Then there's Boeing—making the F grade for the so far...

Boeing to Launch Space Tourism Business

Looks to have capsule up and running by 2015

(Newser) - Boeing would like to fly you to your next vacation destination—in space. The aerospace giant is developing a space capsule that it thinks will be ready to launch tourists by 2015, the company has announced. The capsule will have seven seats, enough to carry a few spectators alongside a...

Obama Proposes $60B Arms Deal With Saudi Arabia

Boasts record-setting deal will create jobs

(Newser) - The Obama administration plans to offer Saudi Arabia $60 billion worth of advanced aircraft, in what would be the largest arms deal in US history. The deal may also be expanded by tens of billions more to include naval and missile-defense upgrades, the Wall Street Journal reports. The administration intends...

Court Chucks CIA Rendition Case to Protect 'State Secrets'

Case pits human rights against national security, says judge

(Newser) - A federal appeals court has dismissed a case brought on behalf of five people who are charging that they were tortured in secret CIA prisons abroad. The sharply divided court ruled that the case against Jeppesen Dataplan, a Boeing subsidiary which allegedly assisted the CIA's "extraordinary rendition" program, should...

Obama Halts Work on 'Virtual Border Fence'

Funds diverted to 'cost effective' methods

(Newser) - President Obama has stopped work on a controversial high-tech "virtual border fence" between the US and Mexico, and will divert some of the $50 million in stimulus funds planned for the system to other border security equipment. The move likely signals the death of a 5-year Secure Border Initiative...

Northrop Ditches, Leaves Boeing With Air Force Tanker

Bitterly fought $40B contract left suddenly uncontested

(Newser) - Boeing seems to have won its drawn out battle to build the Air Force’s new fleet of refueling planes by default; competitor Northrop Grumman withdrew its bid for the $40 billion contract. Northrop’s CEO said the company wouldn’t protest if Boeing got the contract without any real...

Obama Budget Winners and Losers

Education, R&D are up, oil and gas companies down

(Newser) - The 2011 fiscal budget says much about the state of the country—and the state of the president. "Like any politician, he’s focused on rewarding friends and not enemies," write Eamon Javers and James Hohmann for Politico . A look at this year's winners and losers: Winners
  • Education:
...

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