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.
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., 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.
With no plan from Congress or the Obama administration to shutter Fannie Mae and Freddie Mac, the companies’ regulator told Congress yesterday it will expand its oversight with a strategic plan to develop new systems and standards for home loans.
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.