Manufacturing

Boeing CEO Kelly Ortberg said on the company's earnings call that "trust in our company has eroded" and the aerospace giant needs a culture change as well as an improved balance sheet.

A new study by the National Association of Manufacturers found the Biden-Harris administration's pause on new LNG export permits threatens nearly a million jobs over the next 20 years.

Boeing announced in a regulatory filing that it plans to raise up to $25 billion in a stock and debt offering and has entered into a $10 billion credit agreement.

The U.S. labor market grew at a faster rate than expected in September with notable gains in the food and beverage sector as well as health care, although manufacturing shed jobs.

The Labor Department reported that U.S. employers added 254,000 jobs in September, well above economists' expectations, while the unemployment rate declined to 4.1%.

The strike by unionized dockworkers at East and Gulf Coast ports has the potential to disrupt auto manufacturers' production due to delayed shipments of auto parts.

The U.S. private sector's job gains in September beat expectations, with ADP reporting that 143,000 jobs were added last month — more than the 120,000 expected by LSEG economists.

Several leading business groups are urging President Biden to use his authority under the Taft-Hartley Act to restore operations at ports affected by the dockworkers strike.

A strike at U.S. ports on the East and Gulf coasts could severely impact supply chains already burdened with getting relief to Hurricane Helene victims.

Nippon Steel's bid to buy U.S. Steel was given the green light by an arbitration board tasked with reviewing the United Steelworkers union's complaints with the transaction.

Caterpillar is rolling back some of its DEI policies following an internal review, with senior leaders required to approve participation in external surveys and speakers.

The new August jobs report shows the number of U.S.-born workers fell over the last 12 months, while foreign-born workers made massive gains.

The U.S. Department of Labor's payroll report for August found that job losses in the manufacturing and retail sectors partially offset gains that were led by construction and health care.