All posts tagged "Industry"

Trump's push to have his administration take a bigger stake in major American businesses is beginning to scare industrialists and executives, according to a new report.

"Some executives are so worried Trump will ask for a stake in their company that they have prepared for Oval Office meetings by rehearsing what they would say to fend off the president's advances," the Wall Street Journal reported on Wednesday based on information from the lobbyists involved in those preparations.

According to the WSJ, Trump's reach for large stakes in the biggest American businesses "startles many large U.S. companies that fear an expansion of government power in their industries." ...

New York (AFP) - Striking workers at Spirit Aerosystems, a key Boeing supplier, will return to the factory after approving an enhanced four-year labor contract, the union said Thursday. The International Association of Machinists (IAM) and Aerospace Workers, which launched a strike last week at the Wichita, Kansas plant after rejecting an earlier pact, announced the ratification in a press release. The plant builds parts for the Boeing 737 MAX and 787, playing a major role in Boeing's supply chain for its two best-selling jets. "We knew these negotiations were not going to be your typical set ......