Manufacturing

Ford's profits getting eaten up by EVs

Ford's profit margins took a hit due to losses in the electric vehicle segment, and the company is refining its plans for producing next-gen EVs to better meet market demand.

Boeing slashing 737 deliveries on quality issue

Boeing said it is reducing deliveries of its popular 737 Max jet this year after spotting a quality issue involving the aircraft’s pressure bulkhead. Still, the planes remain cleared to fly.

GM losing $200M a week on UAW strike

General Motors pulled its profit and EV guidance for 2023 as costs related to the UAW strike now reach $200 million every week, the automaker confirmed.