A program tracking U.S. green jobs that was faulted by Republican lawmakers will be scrapped by the Bureau of Labor Statistics as part of automatic budget cuts set to take effect today, according to a person familiar with the decision.
Boeing Co. is poised to keep the title of world’s largest planemaker for at least two more years amid rising deliveries of the delayed 787 Dreamliner, the jet that helped it beat Airbus SAS for the first time in a decade.
Boeing Co., rebounding from the 787 Dreamliner’s three-month grounding, is moving closer to a further production increase that would reward investors by freeing up billions of dollars for dividends and buybacks.
Boeing Co. won the first order for the stretched version of its 787 Dreamliner as Singapore Airlines Ltd., Southeast Asia’s biggest carrier, split a purchase of jets with Airbus SAS valued at $17 billion.
Boeing Co. resumed a $3.6 billion stock-buyback plan that was suspended amid delays on its 787 Dreamliner, and analysts predicted more cash will be returned to shareholders as profit rises along with jet deliveries.