The following is a summary of the Shopping Trends team’s work, which is independent of CTV News journalists. The team focuses on providing information about shopping trends and may earn commissions when links are used for purchases. This commission structure allows the team to maintain its operations and independence. Readers should be aware that the recommendations provided are potentially influenced by these financial incentives. Further information on the team’s practices can be found in the “About Us” section.
Read More
Boeing workers at three Midwest plants have voted to reject the company’s latest contract offer and continue a strike that began almost three months ago. The five-year offer included added Boeing shares and a retention bonus, but was largely the same as previously rejected offers. The union is seeking higher retirement contributions and a larger ratification bonus, and it has maintained strong solidarity despite the company’s claims that some workers want to cross the picket line. The strike, which impacts the development of military aircraft and weapons and could complicate Boeing’s financial recovery, stems from rejected agreements that included a 20% wage hike and other modified terms.
Read More
In an effort to create a leading European player in space, Airbus, Leonardo, and Thales have announced a joint venture that will combine their satellite and space activities. This new entity will develop comprehensive technologies and end-to-end solutions, with Airbus holding the majority stake. The aim of this combined venture is to compete globally and provide a European alternative to companies like Starlink while also serving as a trusted partner for national space programs. The collaboration is a response to the growing global space market.
Read More
Boeing shares experienced a near 8% drop following the devastating Air India plane crash, a fact that has sparked widespread debate and commentary online. The immediate reaction of many was a sense of unsettling prioritization; the focus on the stock market’s response seemed to overshadow the tragic loss of over 200 lives. This disparity highlighted a chilling disconnect between corporate financial performance and the human cost of accidents.
The initial reaction to the news also prompted discussion about the resilience of Boeing as a corporation. Some suggested that, given Boeing’s history and the scale of the company, the stock market dip would likely be a temporary setback.… Continue reading
Boeing’s crisis is worsening as the company is now in the position of needing to borrow billions of dollars to stay afloat. This once high-flying corporation has seen its credit rating plummet to just above “junk bond” status, with major credit agencies warning of a potential downgrade to junk. It’s a shocking turn of events for a company that was once a symbol of American innovation and excellence.
The root causes of Boeing’s downfall can be traced back over the last six years, where a series of problems – from embarrassing mishaps to tragic accidents – have rocked the company to its core.… Continue reading
It is deeply troubling to hear about the claims made by Santiago Paredes, the Boeing whistleblower who brought to light serious defects in plane parts being shipped to Boeing by Spirit AeroSystems. The fact that he found up to 200 defects on parts is alarming, to say the least. It is concerning that he was met with resistance and nicknamed “showstopper” for simply trying to address the quality concerns he had identified. It is disheartening to think that someone who was trying to ensure the safety and quality of aircraft parts was met with such pushback.
The aerospace industry is one where quality and safety should never be compromised, yet it seems like in this case, there were significant issues with the parts being shipped to Boeing.… Continue reading
John Q. Hosedrinker 
Matt Underwood