Streetbeat News

Labor Issues

FGROY

FirstGroup's Avanti West Coast conductors plan to strike around Christmas due to new working arrangements requiring them to work on days off. FirstGroup owns 70% of Avanti West Coast.

Portfolio Pulse from

December 11, 2024 | 12:30 pm

BA

Boeing's jet deliveries in November fell significantly to 13, compared to 56 in the same month last year, following the end of a strike.

Portfolio Pulse from

December 10, 2024 | 4:30 pm

BA

Boeing is set to lay off nearly 400 employees as part of a broader 10% global workforce reduction, affecting around 17,000 jobs. This is part of the company's ongoing mass cuts announced in October.

Portfolio Pulse from

December 10, 2024 | 4:15 pm

SSB

SouthState Bank has announced the onboarding of 14 new hires across five states and the promotion of Clarke to Jacksonville Market President, highlighting its growth and commitment to expanding its workforce in the Southeast.

Portfolio Pulse from

December 10, 2024 | 3:15 pm

HII

HII's Ingalls Shipbuilding division partnered with the U.S. Department of Labor's Job Corps to host a recruiting event, resulting in 68 job offers for students in key trades.

Portfolio Pulse from

December 10, 2024 | 2:45 pm

AMZN

Amazon has launched a new research and development center focused on artificial intelligence, aiming to cultivate new research opportunities and hire non-traditional candidates.

Portfolio Pulse from

December 10, 2024 | 1:45 pm

BA

Boeing is set to lay off 396 employees in Washington state as part of a broader 10% reduction in its global workforce. This move follows a challenging year for the company.

Portfolio Pulse from

December 10, 2024 | 11:45 am

BA

Boeing has resumed production of the 737 Max aircraft after a seven-week strike that halted operations. This marks a significant step for the company as it seeks to recover from recent challenges.

Portfolio Pulse from

December 10, 2024 | 11:15 am

NEM

Newmont Corporation is undergoing a major corporate restructuring, which includes the dismissal of nearly a dozen managers, including a member of its executive team.

Portfolio Pulse from

December 09, 2024 | 7:45 pm