Category

Reuters

Boeing is sued by shareholders following MAX 9 blowout

Boeing is sued by shareholders following MAX 9 blowout

By Jonathan Stempel NEW YORK (Reuters) - Boeing has been sued by shareholders who said the company prioritized profit over safety and misled them about its commitment to making safe aircraft, prior to the Jan. 5 mid-air cabin panel blowout on an Alaskan Airlines 737...

Slowing US labor cost gains brighten inflation picture

Slowing US labor cost gains brighten inflation picture

By Lucia Mutikani WASHINGTON (Reuters) - U.S. labor costs rose less than expected in the fourth quarter and the annual increase was the smallest in two years, signs of moderating wage inflation that could give the Federal Reserve room to start cutting interest rates...

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