TOKYO — Japanese materials maker Toray Industries will reduce staffing at its U.S. carbon fiber business by 25% in response to the lack of demand from client Boeing, Nikkei learned Tuesday. The job cuts will occur at Toray Composite Materials America, a subsidiary based in Washington state that employs hundreds […]
Boeing
US pushes China decoupling, wiping billions off Apple and Boeing
NEW YORK/PALO ALTO, U.S. — The U.S. Department of Commerce’s new crackdown on Huawei Technologies’ access to American know-how kicked off a new episode of decoupling between the world’s two biggest economies while setting the tone of President Donald Trump’s China strategy during an election year. Trump’s rhetoric on Beijing has turned increasingly aggressive in […]
Key Boeing supplier Mitsubishi Heavy runs into virus turbulence
TOKYO/NAGOYA — After long enjoying its role as a major component supplier for Boeing’s flagship 787 Dreamliner, Mitsubishi Heavy Industries is now finding its dependence on the U.S. aircraft builder has more of the makings of a nightmare in the wake of the coronavirus outbreak. Shock waves rippled across Aichi Prefecture, […]
Boeing resumes production as America tries to revive economy
Cineworld Group has said it is “optimistic” that it will be able to open towards the second half of June, while AMC Theaters has suggested there could be a “partial re-opening in July”. The easing of lockdown measures as well as positive results from a coronavirus drug trial boosted stock markets […]
Subaru and Kawasaki to halt production for Boeing
TOKYO — Japanese aircraft parts makers are suspending production now that they are losing orders from Boeing amid the coronavirus pandemic. Subaru will suspend aircraft component manufacturing at a plant in Aichi Prefecture on Monday; production is scheduled to resume on May 11. The plant mainly produces central wings for […]
The Emotional Wreckage of a Deadly Boeing Crash
By David Gelles Visuals by Eden Weingart and Josh Williams They walked the corridors of Capitol Hill, carrying photographs of the children, spouses and parents they lost. They met with lawmakers and regulators, calling for changes they believed might prevent future deaths. And they mourned — alone and together, an […]