President Barack Obama met today with chief executive officers of companies from Bank of America Corp. to EBay Inc. who have committed to giving the long-term unemployed a better chance in the hiring process.
A telling image of the development of Boeing Co.’s 787 Dreamliner came in mid-2011, when dozens of them sat, unfinished, crammed into nooks and crannies around Boeing factories and rented tarmacs spread across two states. Concrete blocks hung from their wings to prevent them from tipping because they didn’t have engines to keep them balanced.
Governors of more than a dozen states are rushing to offer incentives such as subsidized training and infrastructure to convince Boeing Co. to move production of its new 777X jetliner out of Washington, where union members rejected a labor contract that froze pensions.
Boeing Co . said its decision on a new narrow-body jet now may come “toward the end of the year,” pushing back an earlier target of mid-2011, as it considers a plane that’s only “slightly” bigger than the 737.
President Barack Obama ’s export advisory group, headed by Boeing Co. Chief Executive Officer James McNerney and Xerox Corp. CEO Ursula Burns , released a report today recommending the government step up trade promotion and complete work on free-trade agreements.
Procter & Gamble Co. board members are dissatisfied with Chief Executive Officer Robert McDonald’s performance and are discussing a possible leadership change, according to people familiar with the situation.
Boeing Co., already struggling with the grounding of its 787 Dreamliner, is facing a possible strike by union engineers, threatening even more upheaval as it tries to fix the plane and resume deliveries to customers.