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Ford beats earnings expectations despite rising labor cost
Ford beats earnings expectations despite rising labor cost
by  AFP

US automaker Ford topped earnings expectations in the fourth quarter of 2023 and is forecasting higher profits this year despite greater labor costs and losses in its electric vehicle segment, according to a financial report released Tuesday. The company expects "higher expenses for labor and major product-refresh actions" this year.

Probe suggests blown-out Boeing jet panel had missing bolts
Probe suggests blown-out Boeing jet panel had missing bolts
by  AFP

Four of the bolts securing the panel of a Boeing 737 MAX 9 Alaska Airlines jet that blew off mid-flight last month were missing, according to a preliminary investigation published Tuesday. On 5 January, the panel flew off mid-flight after the Alaska Airlines MAX 9 took off from Portland, Oregon bound for Ontario in California.

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