Boeing posts first annual loss since 1997 as Max costs rise

Boeing is posting its first annual loss since 1997, as the financial fallout from two deadly crashes of the 737 Max has mushroomed to more than $18 billion. Boeing said Wednesday tha...

Post-It notes maker 3M cutting about 1,500 jobs

A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to a second round of layoffs at 3M, the Minnesota company that, in addition to Post-it notes, makes i...

Boeing's new CEO sees 737 Max production resuming in spring

Boeing's new CEO said Wednesday that production of the 737 Max will resume this spring, months before the company expects federal regulators to certify the grounded plane to fly again. ...

NJ is 1st state to mandate severance pay for mass layoffs

TRENTON, N.J. (AP) — New Jersey has become the first state in the nation to guarantee severance pay for mass layoffs, according to the bill's sponsors and the governor's office. Demo...

Kansas says it's better prepared now for aviation layoffs

Kansas Labor Secretary Delia Garcia said Thursday that the state is better prepared to respond to layoffs stemming from the grounding of the troubled Boeing 737 Max than it was during the Great Recess...

Swedish driver Ericsson lands hot chocolate company sponsor

CHARLOTTE, N.C. (AP) — A hot chocolate company led by Hollywood stuntman and occasional racer Stanton Barrett has signed as primary sponsor for Swedish driver Marcus Ericsson at Chip Ganassi Racing. ...

Business Highlights

___ Boeing papers show employees slid 737 Max problems past FAA A newly released batch of emails and text messages shows Boeing employees raising doubts among thems...

Mack Trucks to lay off 300 at Pennsylvania assembly plant

MACUNGIE, Pa. (AP) — Mack Trucks plans to lay off 305 employees at its assembly plant north of Philadelphia, the company said Wednesday. Mack blamed the layoffs at its Lower Macungue...

Pier 1 Imports closing nearly half of stores as sales falter

FORT WORTH, Texas (AP) — Pier 1 Imports is closing nearly half its 942 stores as consumers increasingly shop online for home goods. The company said Monday it is closing up to 450 s...

Taiwanese coffee chain Mr. Brown closes 8 outlets

TAIPEI (Taiwan News) — Coffee chain Mr. Brown is closing eight shops within three months in the Taipei area, at least partly due to a fall in the number of customers, reports said Wednesday (Jan...

Lebanese protesters defy capital controls in sit-in

BEIRUT (AP) — Lebanese protesters staged a sit-in inside a commercial bank in the capital Beirut on Monday, forcing tellers to give them more than the weekly limit for withdrawal amid a wave of protes...

Hughes scores in OT, sends Devils past Senators 4-3

OTTAWA, Ontario (AP) — Jack Hughes scored 54 seconds into overtime and the New Jersey Devils beat the Ottawa Senators 4-3 on Sunday night. Kyle Palmieri passed to Hughes near center ...

Lebanese protesters turn their ire on banks

BEIRUT (AP) — Dozens of Lebanese protesters held a brief sit-in inside a bank in Beirut and another in the country's south on Saturday, part of their focus on banking policies they complain are ineffi...

Lebanese protest bank policies amid severe crisis

BEIRUT (AP) — Dozens of protesters staged a sit-in outside the central bank and the Lebanese Banks’ Association building Thursday to protest the banks' policies amid unprecedented capital controls. ...

Lebanese help each other as economic crisis crushes lives

BEIRUT (AP) — Panic set in on a WhatsApp group used to organize Lebanese protests when one member said he intended to kill himself because he can’t provide for his kids. The desperat...