Boeing makes deeper job cuts as aircraft business slows

Boeing will cut more jobs as it continues to bleed money and lose revenue during a pandemic that has smothered demand for new airline planes. The company said Wednesday that it expec...

Business and economic events scheduled for Wednesday

Business and economic events scheduled for Wednesday. All times are Eastern. Boeing Co. reports quarterly financial results before the market open. ...

Taiwan says new arms purchases to boost credible defense

TAIPEI, Taiwan (AP) — Taiwan said Tuesday that recent proposed of U.S. sales of missiles and other arms systems will boost the island’s ability to credibly defend itself, amid rising threats from Chin...

US announces second arms sale to Taiwan in a week

TAIPEI (Taiwan News) — The U.S. government announced on Monday (Oct. 26) the potential sale of Harpoon anti-ship missiles to Taiwan, marking the second time in a week that Washington has announc...

US announces planned $2.37 billion weapon sale to Taiwan

WASHINGTON (AP) — The Trump administration on Monday notified Congress of plans for a $2.37 billion sale of Harpoon missile systems to Taiwan just hours after Beijing announced sanctions on U.S. defen...

BC-US--Stock Prices, US

New York (AP) — New York Stock Exchange closing prices Monday: AFLAC 36.770 Down ...

SAP, KB Home fall; Dunkin' Brands, AstraZeneca rise

NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday: Dunkin' Brands, up $14.31 to $103.10 The owner of Dunkin' Donuts and Baskin-Robbins is con...

China announces sanctions on US individuals, entities involved in arms deal to Taiwan

TAIPEI (Taiwan News) — The Chinese government announced on Monday (Oct. 26) that it will impose sanctions on American individuals and entities involved in a high-profile advanced arms sale to Ta...

WTO clears EU request for tariffs on US over Boeing

The World Trade Organization's (WTO) Dispute Settlement Body (DSB) on Monday gave approval to European Union (EU) retaliatory tariffs on $4 billion (€3.4 billion) worth of US goods in respons...

Spokesman: China to sanction US arms suppliers to Taiwan

BEIJING (AP) — China will impose sanctions on U.S. companies including Boeing and Lockheed Martin for supplying weapons to rival Taiwan, a foreign ministry spokesman said Monday. Ray...

China threatens to send warplanes over Taiwan if USAF flies over country

TAIPEI (Taiwan News) — In response to recent reports that U.S. Air Force (USAF) spy planes have been flying directly over Taiwan, China is threatening to send its own warplanes to "defend s...

BC-US--Stock Prices, US

New York (AP) — New York Stock Exchange closing prices Friday: AFLAC 37.850 Up ...

Earnings scheduled for the week of 10/26/2020

Major companies tentatively scheduled to post quarterly earnings next week: TUESDAY Caterpillar Inc. reports quarterly financial results before the market open. ...

Multiple plane spotters report US spy plane flew over Taipei, previous flight confirmed

(Update: 10/24 5 p.m.) Pacific Air Forces say that contrary to previous statement, no U.S. aircraft flew over Taipei on Wednesday (Oct. 21). TAIPEI (Taiwan News) — Multiple aircraft spot...

China threatens retaliation over latest US arms sales to Taiwan

TAIPEI (Taiwan News) — China on Thursday (Oct. 22) threatened to retaliate after the latest round of U.S. arms sales to Taiwan was announced. The Trump administration has increased support fo...