Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "boeing"


25 mentions found


Rome CNN —More than 180 people were evacuated Thursday from a Ryanair Boeing passenger jet after it caught fire while taxiing to take off at Brindisi Airport in southern Italy. A spokesperson for the airport in Brindisi confirmed there had been a fire that halted air traffic for several hours. Ryanair, the Irish budget airline group that operates Europe’s largest aircraft fleet, said all 184 passengers and crew were safely evacuated on the runway after Thursday’s incident. On Tuesday, another Ryanair aircraft – flight FR846 – headed into Milan Bergamo airport from Barcelona had a tire issue upon landing, which briefly closed the destination airport. Boeing, the manufacturer of both aircraft involved in this week’s incidents, referred CNN to Ryanair.
Persons: Rome, Rome CNN —, FR846 –, Andrea Caroppo, Mauro D’Attis, , Caroppo, ENAC Organizations: Rome CNN, Ryanair Boeing, Brindisi, Boeing, Milan Bergamo Airport, Ryanair, Passengers, CNN, “ Passengers, Forza Italia, National Civil Aviation Authority, ENAC, Transport Commission, Transport Locations: Italy, Milan, Brindisi, Italian, Turin, Milan Bergamo, Barcelona, Italy’s, Bari, London, Bologna, Brussels, Luxembourg, Europe
Terms of the tentative deal on wages were not immediately available Thursday evening. A tentative deal would still need to be ratified by the rank-and-file ILA members before it would take effect. But with ships stuck at sea unable to come into US ports to unload and load goods, the union has agreed to have workers return to work on Friday. Still, should the members vote against the deal, the strike might start once again. But union members voted nearly unanimously to reject it and have remained on strike since September 13.
Persons: Biden, Joe Biden, Taft, Hartley, Kamala Harris, Transportation Pete Buttigieg, John McCown, containerization, USMX, Harold Daggett, Daggett Organizations: New, New York CNN —, International Longshoremen’s Association, United States Maritime Alliance, International Association of Machinists, Boeing, Business, Transportation, ILA, Shipping Locations: New York, Maine, Texas, United States
New York CNN —With barely a month to go before the US presidential election, a trifecta of economic shocks is threatening to sap Vice President Kamala Harris’ momentum on voters’ No. 1 issue: a port strike, a hurricane and an escalation of fighting in the Middle East. Price pain could crop up elsewhere if the East Coast port strike, which began Tuesday, drags on longer than a week. “If the Boeing strike and the port strike … last through the second week of October, job growth for October could be negative,” researchers at Oxford Economics wrote Wednesday. A negative jobs report hasn’t been seen in this country since December 2020, the last full month of the Trump administration.
Persons: CNN Business ’, Kamala Harris, Donald Trump hasn’t, , , Harris, Emily Elconin, Harris ’, Price, Biden, Hurricane Helene, Moody’s, Helene, hasn’t, Trump, Organizations: CNN Business, New York CNN, Republican, Democratic, Bloomberg, Getty, Boeing, Biden, Oxford Economics Locations: New York, Georgia, East, Maine, Texas, Carolinas, Florida, Tennessee
Boeing and Virgin Galactic have settled a lawsuit stemming from Boeing's work on Virgin Galactic's space tourism "mothership," according to a Thursday filing in Virginia federal court. Virgin Galactic attorney Brett Williamson and Boeing said in emails that the lawsuit was "satisfactorily resolved by mutual agreement of the parties." Boeing sued Virgin in March, accusing it of stealing trade secrets and refusing to pay $25 million owed for Boeing's work. Virgin said it was entitled to monetary damages of at least "the difference between the $45.6 million paid by Virgin Galactic to Boeing and the substantially lower actual value of Boeing's performance." The case is The Boeing Company and Aurora Flight Sciences Corp v. Virgin Galactic LLC, U.S. District Court for the Eastern District of Virginia, No.
Persons: Richard Branson, Brett Williamson, countersued, Virgin Organizations: Virgin Group Ltd, Virgin Galactic Holdings Inc, New York Stock Exchange, Boeing, Virgin Galactic, Virgin, Eastern, Virgin Galactic's, Boeing's Aurora Flight Sciences, Boeing Company, Aurora Flight Sciences Corp, Virgin Galactic LLC, of Locations: New York, U.S, Virginia, Virgin, California, of Virginia
CNN —September’s jobs report, due out Friday morning, is expected to show that the US labor market has slowed somewhat but remains on solid footing. While September’s employment data is expected to stay relatively tame, the same can’t be said for the October jobs report, which is set to be released on November 1, just days before the presidential election. The strikes and hurricane-related effects “are not going to permanently alter the trajectory of the labor market; but September is probably our last clean reading on the labor market for a while,” Ryan Sweet, chief US economist at Oxford Economics, told CNN earlier this week. The August jobs report, which showed better-than-expected estimated 142,000 payroll gains and a drop in the unemployment rate, went a long way to quell those fears. It showed that the jobs market is in “stasis,” Wells Fargo economists wrote in a note issued Tuesday.
Persons: bode, Lydia Boussour, ” Ryan Sweet, Helene, , Erica Groshen, They’ve, , Andrew Challenger, Wells, Noah Yosif, ’ Sweet, Ejindu Ume, “ We’re, ” Ume Organizations: CNN, Federal Reserve, Boeing, Gulf Coasts, Oxford Economics, of Labor Statistics, Cornell University School of Industrial and Labor Relations, Employers, Challenger, Labor Department, Pantheon, Labor, BLS, , American Staffing Association, Oxford, Miami University in Locations: EY, Hurricane, East, Gulf, Miami University in Ohio
President Biden said on Tuesday that his administration will be "monitoring for any price gouging activity" that benefits foreign ocean carriers, including those on the USMX board. He also said "foreign ocean carriers have made record profits since the pandemic, when Longshoremen put themselves at risk to keep ports open." UBS forecast that 20% of Maersk's total volume would touch a U.S. port that would be impacted by the strike. Acting Secretary Julie Su lashed out at the idea that labor wage increases would be passed onto U.S. exporters and importers. I know they understand, just as consumers and American workers understand, that foreign companies who profit from our economy and who employ American workers and have an impact on American consumers should do the right thing, and in that battle, we are always going to stand with American workers, American businesses and American consumers."
Persons: Biden, Longshoremen, majeure, Daggett, Harold Daggett, Lars Jenson, Pete Buttigieg, Julie Su, Taft, Hartley, Buttigieg, Larry Lindsey, Su, Peter Friedmann, I've, nonfarm, Helene, switchers, they're, Jim Bianco, CNBC's, Peter Boockvar, Alan Baer, Steve Lamar, Taft Hartley, Lamar, CNBC's Jeff Cox Organizations: CMA, U.S, United States Maritime Alliance, Vespucci, Federal Reserve, Transportation, Labor, International Longshoremen's Association, UBS, Maersk, Federal Maritime Commission, ILA, Boeing, The Lindsey Group, Agriculture Transportation Coalition, Bianco Research, Bleakley Financial, USA, American Apparel and Footwear Association, Biden Administration, Locations: East, Gulf Coast, U.S, autoworkers
SpaceX launched its mission to rescue the two Starliner astronauts — but it didn't go entirely according to plan. The company's Falcon 9 rocket has been grounded after a booster landed in the wrong place. It's the third time in three months that the Falcon 9 has been grounded. AdvertisementSpaceX's workhorse rocket has been grounded for the third time in three months after malfunctioning during a mission to rescue two astronauts stuck in space. The rocket was also briefly grounded by the FAA in August after failing an attempt to land back on Earth.
Persons: , Boeing's Starliner, Elon Musk, Musk, Butch Wilmore, Suni Williams Organizations: SpaceX, Service, Federal Aviation Administration, FAA, Elon, Boeing, NASA, Crew
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Raymond James, Analysts, They're, Jim, Stocks, McCormick, Charles Schwab, Clorox, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Wall, Israel, Coterra Energy, Disney, Paris Olympics, Disneyland, Apple, Barclays, Apple Intelligence, Boeing Locations: Iran, Disneyland Paris
White House officials on Friday met with representatives from the consortium, the US Maritime Corporation, to encourage the association to stay at the negotiating table. President Joe Biden has sent a clear message that he has no plans to do the latter. Without taking that move, there’s not much else the White House can do. “The administration is using its bully pulpit, and has been for a while,” says John Porcari, who served as the White House supply chain czar under Biden. “In political terms, there’s no good time for a strike,” the former official said.
Persons: dockworkers, Biden, Taft, Hartley, Joe Biden, , ” Biden, Kamala Harris, there’s, , John Porcari, George W, Bush, Liz Shuler, Jeff Zients, Lael Brainard, USMX, Harold Daggett, Labor Julie Su, ” Daggett, Donald Trump, Harris, , Ford, Ohio Sen, JD Vance, Tim Walz, Trump Organizations: CNN, International Longshoremen’s Association, US Maritime Corporation, White House, , White, Republicans, House Transportation, Labor, ” AFL, GOP, National Economic, International Longshoreman’s Association, Republican, Biden administration’s, Biden, Anderson Economic Group, Boeing, United Auto Workers, Minnesota Gov Locations: East, Gulf, Taft, West Coast, Michigan, Dearborn, Ohio, Minnesota
Ford Motor — The automaker jumped 2.3% after Goldman Sachs upgraded shares to buy from neutral. CVS Health – Shares rose 2% after CNBC, citing people familiar with the matter, reported that CVS is working with advisors on a strategic review of its business. Clorox — Shares of the household supplies company rose more than 1.5% after an upgrade to buy from hold at Jefferies. Pinterest — Shares of the online platform added 3.3% after Goldman Sachs added Pinterest to its "Americas Conviction List." Datadog — The cloud analytics company rose 1.7%.
Persons: Goldman Sachs, Raymond James, Ric Prentiss, Clorox, Pinterest, Datadog, Davidson, Oppenheimer, — CNBC's Sean Conlon, Sarah Min, Samantha Subin, Pia Singh, Michelle Fox, Jesse Pound Organizations: Ford, Super, Disney —, CVS, CNBC, Reuters, Anheuser Busch InBev, Citi, Anheuser, Busch, Jefferies, Boeing, Bloomberg, Alcoa, Bank of America
Boeing's 737 safety mess just got worse
  + stars: | 2024-10-01 | by ( Aditi Bharade | ) www.businessinsider.com   time to read: +6 min
AdvertisementThe National Transportation Safety Board (NTSB) has flagged fresh concerns with Boeing's 737 planes, saying that at least 40 airlines outside the US may be operating aircraft with faulty components. The NTSB said that Boeing's 737 flight manual instructs pilots facing a jammed rudder to overpower the system by applying "maximum force." Their Max family has been plagued by safety concerns since the two crashes of its 737 Max jetliners in 2018 and 2019 that killed a total of 346 people. Some bombshell allegations were publicized in a sprawling 204-page report released on June 17 by the Senate subcommittee that investigated Boeing's safety and quality practices. AdvertisementMerle Meyers, a former Boeing quality manager, said that Boeing's manufacturing team regularly tried to retrieve bad parts from a "reclamation" area even after they were thrown out.
Persons: , Jennifer Homendy, Michael Whitaker, Homendy, Boeing Guy Gratton, Gratton, It's, Max, Max jetliners, Sam Mohawk, Merle Meyers Organizations: Transportation, Boeing, Service, Transportation Safety Board, NTSB, Federal Aviation Administration, FAA, United Airlines Boeing, Max, Newark Liberty International, Collins Aerospace, United Airlines, Cranfield University, Federation Aviation Administration, National Transportation Safety, Alaska Airlines, Boeing Boeing Locations: New Jersey, USA, Alaska
The Israeli Air Force used F-15I Ra'am fighter jets to target Hezbollah leaders in Lebanon. The Israeli variant of Boeing F-15E Strike Eagle planes can fly up to 2,765 miles without refueling. The State Department approved the sale of 50 new F-15I planes to Israel in August. Go to newsletter preferences Thanks for signing up! AdvertisementThe Israeli Air Force features advanced fighter jets acquired from the US and enhanced with military technology manufactured in Israel.
Persons: Organizations: Israeli Air Force, Boeing, State Department, Service Locations: Lebanon, Israel
Israeli Air Force security regulations are so tight neither I nor Lt. Col. Nadav Shoshani, the IDF spokesman accompanying me, are allowed to bring our cellphones aboard. In its new guise as an Israeli tanker, signs remain of the aircraft’s past life, a reminder of its age. The seats are stripped out, its long body fitted with huge, pressurized fuel tanks, essential for Israel to project its firepower. He jockeys the two long levers beside his seat and steers the nozzle toward the gas-hungry fighter jet’s fuel port. Airstrikes in Hodeidah, Yemen.
Persons: , Israel, Nadav Shoshani, Benjamin Netanyahu’s, ” Netanyahu, Netanyahu, Ras Issa, Hodeidah, Herzi Halevi, ” Halevi, Shoshani Organizations: Sea CNN, Boeing, Israel Defense Forces, Israeli Air Force, United Nations General Assembly, UN, CNN, Ben Gurion International, Air Force Locations: Saudi, Israel, Gaza, Lebanon, Yemen, Tunis, Iran, Hodeidah Port, Tel Aviv, Red, New York, Hodeidah
Air Astana is launching one of the world's longest narrowbody routes from Almaty to London. AdvertisementAir Astana is launching one of the world's longest narrowbody routes with the aim of increasing comfort for passengers. The Kazkhstani flag carrier announced last Wednesday that it will use an Airbus A321LR on its route from Almaty to London. Plus, Air Astana is a relatively small carrier, as it only has three widebody jets, all Boeing 767s. European budget airline Wizz Air earlier this month announced its first route utilizing the Airbus A321XLR on seven-hour flights.
Persons: , that's, József Váradi Organizations: Air Astana, Airbus, Service, Boeing, British Airways, Wizz, Air, Kazakhstani Locations: Almaty, London, Aktau, Kazakhstan, Dallas, Fort Worth, Jeddah, Saudi Arabia
A United Airlines pilot ordered pizza for over 100 passengers after an emergency landing. AdvertisementA United Airlines pilot ordered pizza for over 100 passengers after their flight made an emergency landing. Stamos said that there was a medical emergency on board which saw the passengers deplaned at Albuquerque for around seven hours. "Most organizations do not go above and beyond, but that captain did not hesitate," she told Fox News. Stamos told Fox News that upon landing, the pilot thanked everyone for their patience, and several passengers shook his hand as they left.
Persons: , Max, Tanya Stamos, Stamos Organizations: United Airlines, Service, Boeing, Fox News, Business Locations: San Francisco, Houston, Albuquerque
New York CNN —The head of the National Transportation Safety Board blasted the Federal Aviation Administration, saying the agency is not taking seriously enough the potential for jammed flight controls on some Boeing 737s. In a new letter shared with CNN, NTSB Chair Jennifer Homendy wrote FAA Administrator Mike Whitaker to say that the regulator failed to act when the pilots of a United Airlines Boeing 737 MAX reported that their rudder pedals became stuck when coming in for a landing in Newark, New Jersey on February 6. Last Thursday, the NTSB issued an “urgent” safety warning, saying that some 737s equipped with certain rudder actuators could careen off the runway on landing – the latest black eye for Boeing’s embattled 737 MAX line after a door plug blowout in January and two fatal crashes abroad. “I am disappointed that it does not appear that the FAA has initiated urgent actions to address the risk of jammed rudder controls in the 6 months since our preliminary report on this incident was issued,” Homendy wrote. The FAA said, “we thank the NTSB for the recommendations, and we are taking them seriously.”
Persons: Jennifer Homendy, Mike Whitaker, , ” Homendy, Homendy, Organizations: New, New York CNN, National Transportation Safety Board, Federal Aviation Administration, Boeing, CNN, United Airlines Boeing, MAX, NTSB, FAA, United Airlines Locations: New York, Newark , New Jersey
Trump, more so than any American president in modern history, has directly targeted individual US businesses, threatening them with everything from boycotts and canceled federal contracts to unthinkably high tariffs. Deere, the farm equipment maker founded nearly 200 years ago, became just the latest storied brand to get singled out by Trump. Bigger picture, the attack on Deere fits a broader pattern of Trump bullying companies when it suits him. “John Deere is an outstanding company. “Ultimately, it would lead to fewer sales, less revenue, less growth and fewer employees for John Deere,” said McDaniel, now a senior research fellow at George Mason University’s Mercatus Center.
Persons: New York CNN —, John Deere, they’ve, Donald Trump, Trump, “ Trump, Bill George, , Nordstrom, Ken Frazier, Donald J, Trump’s, Julian Zelizer, Harry Truman, John F, Kennedy, Teddy Roosevelt, , Zelizer, ” Zelizer, ’ Trump, “ I’m, we’ll, ” Trump, George, “ John Deere, ” Christine McDaniel, George W, Bush, Deere, McDaniel, George Mason University’s, Billionaire Mark Cuban, Kamala Harris, Washington, Mary Lovely, ” Lovely Organizations: New, New York CNN, New York CNN — Apple, General Motors, Facebook, Trump, Deere, CNN, White, Apple, San Bernardino, FBI, US Postal Service, Boeing, Air Force, Motors, Merck, Meta, CNBC, Google, Princeton University, Harvard University, Center, Billionaire, Fox News, Street Journal, Peterson Institute for International Economics Locations: New York, Midwest, Mexico, San, Charlottesville , Virginia, United States, Pennsylvania, American, North America, Canada
Meanwhile, Crew-9’s SpaceX Crew Dragon capsule has spent about one day traveling through orbit as it prepares to dock with the International Space Station. SpaceX/NASATogether, Hague, Williams, Wilmore and Gorbunov will complete SpaceX’s Crew-9 team. The group will spend about five months on board the space station before returning home no earlier than February. Williams and Wilmore first traveled to the International Space Station in early June aboard a Boeing Starliner spacecraft for what was expected to be a weeklong test mission. The three arrived at the space station aboard a Russian Soyuz vehicle on September 11.
Persons: Suni Williams, Butch Wilmore, Nick Hague, Aleksandr Gorbunov, Williams, Wilmore, Gorbunov, today’s, Stephanie Wilson, Cardman, Wilson, Zena Cardman, , Don Pettit, Aleksey Ovchinin, Ivan Vagner, Pettit Organizations: CNN, Station, Boeing, SpaceX, NASA, Hague, Cape Canaveral Space Force, International Space, International, Kennedy Space Center, International Space Station, Russian Soyuz Locations: Cape, Florida, Hague, Russian
SpaceX launched a half-empty Crew Dragon for two Boeing astronauts awaiting a trip home. AdvertisementSpaceX just launched a half-empty Crew Dragon spaceship into orbit for two astronauts who have been waiting for a trip home. Normally, Crew Dragon carries four astronauts to space at a time, but for the launch on Saturday, only two were aboard. Boeing's Starliner spacecraft docked to the International Space Station, as seen from a window on a SpaceX Crew Dragon. Astronauts left behindMeanwhile, two NASA astronauts who were supposed to be part of the Crew-9 mission had to stay behind.
Persons: , Dragon, It's, Nick Hague, Aleksandr Gorbunov, Butch Wilmore, Suni Williams, Williams, Wilmore, Starliner, NASA Wilmore, NASA What's, Elon Musk, bTXWAfxfrh — Elon, uncrewed, Steve Stich, we'd, " Stich, Zena Cardman, Stephanie Wilson, Cardman, NASA's, Wilson, Hague Organizations: SpaceX, Boeing, NASA, Service, International, ISS, Starliner, Astronauts, Hague Locations: New Mexico, SpaceNews, Gorbunov
CNN —A SpaceX mission due to take flight Saturday aims to unite the Boeing Starliner astronauts with the spacecraft that will bring them home. NASA’s Suni Williams and Butch Wilmore have already been on the International Space Station more than 100 days longer than expected. The two rode the Starliner to the International Space Station in early June for what was expected to be about a weeklong test flight. At liftoff, Hague and Gorbunov will be strapped inside the SpaceX Crew Dragon spacecraft, nicknamed Freedom, as it sits atop a Falcon 9 rocket. Gorbunov and Hague will join them after docking with the space station, set for Sunday.
Persons: NASA’s Suni Williams, Butch Wilmore, Helene, , Steve Stich, Nick Hague, Aleksandr Gorbunov, Williams, Wilmore, Gorbunov, Stephanie Wilson, Zena, Cardman, , Nick, Alex, ” Cardman, Wilson, I’m, ” Williams Organizations: CNN, SpaceX, Boeing, Space, Cape Canaveral Space Force, NASA, Mission, International Space Station, International, Station, Engineers, Ad astra, Hague Locations: Florida, United States, Hague, Russian
SpaceX is set to launch two new crew members to the International Space Station on Saturday, in a capsule that will eventually bring home two NASA astronauts who flew to orbit on Boeing’s problem-plagued Starliner spacecraft. On their return flight back to Earth, NASA astronauts Butch Wilmore and Suni Williams will ride with them. After numerous delays, NASA opted to keep the two astronauts at the space station. Originally, the Crew-9 flight was supposed to carry four crew members to the space station, but in order to leave seats open for Wilmore and Williams, two NASA astronauts will have to wait for a future launch. Suni Williams, left, and Butch Wilmore at Space Launch Complex 41 in Cape Canaveral, Fla., on June 5.
Persons: Nick Hague, Aleksandr Gorbunov, Miguel J, Rodri­guez Carrillo, Butch Wilmore, Suni Williams, Williams, Chris O'Meara, Hurricane Helene, Helene Organizations: SpaceX, International, NASA, Florida’s Cape Canaveral Space Force, Expedition, Kennedy Space Center, Getty, Hague, Boeing Locations: Florida’s, Cape Canaveral, Fla, Gorbunov, Hurricane, Florida’s Big Bend
Trade Tracker: Brenda Vingiello sells Boeing and buys Eaton
  + stars: | 2024-09-27 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Brenda Vingiello sells Boeing and buys EatonBrenda Vingiello, Chief Investment Officer at Sand Hill Global Advisors, joins 'Halftime Report' to break down her latest portfolio move
Persons: Brenda Vingiello, Eaton Brenda Vingiello Organizations: Boeing, Global Advisors Locations: Sand
Air France announced it will offer free ultra-high-speed WiFi via Elon Musk's Starlink from 2025. Air France announced that from 2025, it will offer ultra-high-speed WiFi free of charge to customers in every cabin. Musk celebrated the deal in a post on X, replying to Air France's post by saying: "Air France is installing Starlink!" The announcement comes just two weeks after United Airlines also confirmed it was signing up to become a Starlink customer. As of the Air France announcement, here are all the airlines that have publicly announced deals with Starlink:
Persons: Elon Musk's, , Elon Musk's Starlink, Musk, you'll, Scott Kirby Organizations: Air France, Elon, Elon Musk's Starlink, United Airlines, Qatar Airways, Hawaiian Airlines, Service, SpaceX, Viasat, Boeing, Air, Starlink Locations: Starlink, Air France
DALLAS — Southwest Airlines executives on Thursday outlined for Wall Street their vision to boost profits: extra legroom seats starting in 2026, assigned seating, international partnerships and overnight flights. Southwest’s new plan comes as its leaders seeks to fend off activist Elliott Investment Management, which has called for leadership changes. He had served as CEO of AirTran, the airline Southwest combined with in 2011, and was a consultant to Southwest after the merger. Southwest has supported Jordan despite calls for his replacement by Elliott, which didn’t immediately respond to the airline’s plan it laid out on Thursday. He called Southwest’s plan intentional and detailed.
Persons: , Ryan Green, , Bob Fornaro, Fornaro, Bob Jordan, Jordan, Elliott, didn’t, ” Jordan, “ We’ve, — CNBC’s Rohan Goswami Organizations: DALLAS, Southwest Airlines, Wall, Elliott Investment Management, Federal Aviation Administration, Southwest, Spirit Airlines, AirTran, Boeing Locations: Southwest, Atlanta, Dallas, Hawaii
And it’ll be tough for either Vice President Kamala Harris or former President Donald Trump to turn that around if elected, no matter their grandiose campaign promises. Put together, such investments have resulted in a sharp pick-up in construction spending by manufacturers, according to government data. Manufacturing’s main pain points are sluggish demand and elevated interest rates, according to recent manufacturing surveys by the Institute for Supply Management and S&P Global. And, of course, there are issues specific to certain sectors of the manufacturing industry. It could get better, but it’s not clear whenIt’s not all doom and gloom for the manufacturing industry.
Persons: Joe Biden, Kamala Harris, Donald Trump, Biden, haven’t, hasn’t, Harris, ” Harris, Trump, ” Chris Williamson, ” Timothy Fiore, There’s, ” Lauren Goodwin, Organizations: Washington CNN, Act, Congress, Private, Manufacturers, Labor Department, Institute for Supply Management, P, P Global Market Intelligence, ISM’s Manufacturing, Survey, P Global, Boeing, Federal, New York Life Investments Locations: America, Pittsburgh, Savannah, China, Pennsylvania, Korea, North Carolina, Germany, Georgia
Total: 25