Boeing will have five extra years to build its 767 freighters in its Everett plant thanks to a provision in the newly passed Federal Aviation Administration reauthorization bill.

Boeing won’t say what these extra years will mean for the aviation company beyond 2028, when it originally planned to shutter its 767F program because the plane ...Read more

Ivan Boesky, who reached the pinnacle of fame and fortune as a high-flying Wall Street arbitrageur in the 1980s only to be exposed as a cheat in the insider-trading scandal that defined the era, has died. He was 87.

The New York Times reported his death, citing his daughter, Marianne Boesky. No details were immediately available.

As junk bonds...Read more

Airbus SE secured an order for 105 of its narrowbody jets from Saudi Arabia’s flagship carrier as the kingdom pours billions of dollars into turning the country into an aviation and tourism hub.

The deal — which includes 93 A321neos and 12 A320neos — is the largest in Saudia’s 80-year history. The order would have been bigger but the ...Read more

Red Lobster has filed for Chapter 11 bankruptcy and leaders plan to seek a buyer for the financially troubled seafood chain based in Orlando.

The bankruptcy, first reported by Bloomberg, came in U.S. District Court in Orlando and will allow the company to continue operating.

In a news release late Sunday, the company said the plan is to “...Read more

TALLAHASSEE, Florida — More than two-thirds of the $3 billion set aside by the Florida Legislature to shore up the state’s collapsing property insurance industry has gone untouched since it first became available in 2022.

Many insurance companies, which asked the Legislature for help, have mostly steered clear of that money. Industry ...Read more

Jay Schleicher has seen his fair share of insurance claims during his career as an agent.

Like when a renter fluffed a blanket and tore down a ceiling sprinkler, flooding their townhome unit with $40,000 in water damage. Or when a homeowner came back from vacation to a wet, stinky basement thanks to a backed-up sewer drain. Earlier this month, ...Read more

First, they went after Lurie Children’s Hospital in Chicago.

Next, cybercriminals attacked Ascension, a large nationwide health system with 14 hospitals in Illinois.

In both cases, the hospital systems kept providing care, but took down their electronic health record systems and MyChart online patient portals.

It took more than a month for ...Read more

The Biden administration quadrupled tariffs on Chinese electric vehicles this week in order to protect American automakers.

The tariffs are expected to rise to 100 percent from 25 percent for EVs. There are additional tariffs for critical minerals, solar goods and batteries.

Critics of the EV tariffs say they go against national efforts to ...Read more

Boeing whistleblower John “Mitch” Barnett took his own life on March 9, South Carolina authorities reiterated in two reports released Friday. All findings suggest he died from a single, self-inflicted gunshot wound.

Barnett, 62, was found dead in his truck in Charleston, S.C. He was in the midst of giving depositions alleging Boeing ...Read more

Boeing’s conspicuous manufacturing woes and the resulting scrutiny from regulators, Congress and the flying public cast a shadow Friday over the company’s annual shareholder meeting.

In his opening speech, Steve Mollenkopf, independent chair of the Boeing board of directors, addressed wounds to the company’s reputation suffered since the ...Read more

As diversity programs in corporate America face increasing legal challenges, shareholders of three publicly traded Atlanta corporations have demanded changes around diversity, equity and inclusion initiatives.

The moves come after a U.S. Supreme Court ruling in June 2023 effectively ended race-conscious college admissions programs. Nearly 60% ...Read more

A majority of workers at the Alabama Mercedes-Benz have voted against joining the United Auto Workers — a setback for the Detroit union in its national campaign to organize foreign transplant factories.

The vote count was 2,642 against union representation and 2,045 for, or 56% no, according to results posted by the National Labor Relations ...Read more

A former head of diversity, equity and inclusion initiatives at Facebook and Nike was sentenced to five years in prison this week for a brazen fraud scheme she ran while working at the companies.

Barbara Furlow-Smiles pleaded guilty in December to stealing more than $5 million from the two massive companies, though the vast majority was taken ...Read more

California posted another anemic month of job growth in April, and the state's unemployment rate remained the highest in the land at 5.3%, the government reported Friday.

Statewide, employers added a net of just 5,200 jobs in April, down from 18,200 in March.

Nationwide, employers added 175,000 jobs in April, and the U.S. unemployment rate ...Read more

Citigroup Inc. was accused in a lawsuit of racial discrimination for its policy of waiving ATM fees for customers of minority-owned banks.

The plaintiffs, who don’t bank with Citigroup, claim they were charged out-of-network fees for transactions at the bank’s ATMs in Florida, while customers from minority-owned financial institutions weren...Read more

Frontier Airlines, famous for deeply discounted ticket prices and bare-bones service, is adding new fare categories that include carry-on bags, seat selection and no cancellation fees as it seeks to appeal to U.S. travelers who want more upscale options when they fly.

Frontier, a unit of Frontier Group Holdings Inc., is now offering four fare ...Read more