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Boeing to trim 4,000 jobs amid commercial jet unit makeover

Bloomberg Boeing Co. plans to cut about 4,000 jobs from its commercial airplanes division by mid-year as part of a broader effort to reduce costs amid fierce competition from Airbus Group SE. The US planemaker doesn’t plan any involuntary layoffs, for now. Rather, the savings will come from 1,600 workers who elected to leave the company under a voluntary program ...

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Seven-Eleven owner to discuss succession amid Loeb call-out

Bloomberg Seven & i Holdings Co. will meet this week to discuss leadership succession, days after billionaire activist investor Dan Loeb warned Japan’s largest retailer against creating a family dynasty, according to people with knowledge of the matter. The company’s nomination and compensation committee is scheduled to meet Wednesday, said two of the people, who asked not to be identified ...

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Gol predicts business to worsen this year after posting net loss

Bloomberg Gol Linhas Aereas Inteligentes SA reported a fourth-quarter loss and predicted business would worsen this year in the face of declining demand and a shrinking Brazilian economy. The net loss was 1.18 billion reais ($324 million), the airline said in a statement after the close of trading in Sao Paulo. Fourth-quarter net revenue totaled 2.65 billion reais against analyst ...

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