Seattle-area tech firms are ready for China’s DeepSeek AI breakthrough
Last month, Wall Street was stunned by the emergence of a Chinese tech startup called DeepSeek, which released an artificial ...
Boeing (NYSE:BA) Improves Operations, Shuts Down “Shadow Factory”
Most of us likely did not know that aerospace stock Boeing (BA) even had something called a “shadow factory.” But, as reports noted, they did, ...
Boeing’s Push to Boost 737 Production Starts With Closing ‘Shadow Factory’
The aircraft manufacturer has vowed to finally shut production lines that fixed planes instead of building new ones.
Boeing to boost 737 production by closing ‘shadow’ factory, WSJ reports
Boeing (BA) aims to ramp up 737 production by eliminating shadow factories where planes are fixed instead of built, freeing up skilled workers ...
Engine maker Safran upbeat on Boeing 737 MAX production this year
The head of French jet engine maker Safran said on Friday he was certain Boeing would reach key production milestones for the ...
Hedge fund Viking buys Boeing shares, filing shows
U.S.-based hedge fund Viking Global built a $526 million-worth new position in planemaker Boeing in the fourth quarter, with 2.9 million shares, a regulatory filing showed on Friday.
WA electric plane startup halts operations in blow to green aviation
Arlington-based startup Eviation, which in 2022 flew the first flight of its electric airplane at Moses Lake, laid off most staff and paused operations indefinitely ...
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The list of major companies laying off staff this year, including Blue Origin, Meta, and Microsoft
"So across the company today we are reorganizing into flatter, smaller, and more focused teams." Boeing announced on February 8 plans to cut 400 roles from its moon rocket program amid delays and ...