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Crude oil pushes toward $96
SEATTLE, March 20 (UPI) -- U.S. plane maker Boeing sent out 900 layoff notices Friday, part of a cutback of 10,000 jobs Chief Executive Officer Jim McNerney announced in January.
About 650 of the job cuts were in the Commercial Airplanes unit and about 700 involved workers in the Puget Sound area, The Seattle Times reported Friday.
With the new cuts, Boeing has reduced its workforce by 2,000 this year.
Friday's notices give workers a 60-day warning that their jobs are ending, the Times said.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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