Boeing 737 MAX airliners are pictured at the company’s factory on Thursday, Sept. 12, 2024, in Renton, Wash. Stephen Brashear | AP Boeing will cut 10% of its workforce, or about 17,000 people, as the company’s losses mount and a machinist strike that has idled its aircraft factories enters its fifth week. It will also…

Napheesa Collier, #24 of the Minnesota Lynx, scores the game-winning basket during the game against the New York Liberty in Game 1 of the 2024 WNBA Finals at Barclays Center in Brooklyn, New York, on Oct. 10, 2024. Nathaniel S. Butler | National Basketball Association | Getty Images Basketball fans will have even more chances…

A federal watchdog on Friday criticized the Federal Aviation Administration’s oversight of Boeing airplane production, saying it did not have an effective system to oversee the US plane maker’s individual manufacturing facilities. The transportation department’s office of inspector general said in a report the FAA’s current audit processes “are not comprehensive enough to adequately identify…

Denis Healey is often misquoted as saying he wanted to “squeeze the rich until the pips squeak” in the 1970s. He never actually used that phrase. What Labour’s finance spokesman did predict, however, was that his proposed top tax rate would spark “howls of anguish from the 80,000 people” wealthy enough to pay. With Labour…

Tesla shares have fallen by 8%, wiping about $60bn (£45bn) from the company’s value, after the long-awaited unveiling of its so-called robotaxi failed to excite investors. Shares in the electric carmaker fell to $219.40 in early trading on Friday after an event in Hollywood, where the chief executive, Elon Musk, revealed a much-hyped driverless vehicle.…

A former standup comedian and his wife have received a £4.2m dividend from the TV production company behind Mastermind, Derry Girls and Have I Got News for You. Jimmy Mulville and his wife, Karen, shared the payout from Hat Trick Holdings, the producer behind hits including Father Ted, Trigger Point and Outnumbered. Hat Trick’s revenues…

The Metropolitan police have said they are investigating 40 new allegations, including of rape and sexual assault, relating to Mohamed Al Fayed and others, after the broadcast of a BBC documentary about his behaviour. Scotland Yard said 40 people had come forward to make allegations since the airing of the BBC programme, in which five…

Nobody at the BBC should “ever feel fear or worry while working” for the corporation, its chair said, as it launched an independent review of its workplace culture. The review, which will be led by a management consultancy firm, comes after a series of damaging scandals at the broadcaster, which led to questions being raised…

The Tory MP Geoffrey Cox has been missing parliamentary votes and sitting days while working at his lucrative second job as a lawyer in Mauritius, the Guardian can reveal. The former attorney general, who has declared at least £500,000 in pay from his second job this year, was on the Indian Ocean island for at…

The boss of the Post Office has admitted his various attempts to double his pay look “very poor” given so many branch owner-operators are still awaiting compensation over Horizon IT failings. Nevertheless, speaking to the judge-led inquiry into the scandal on Friday, Nick Read denied ever threatening to resign over his remuneration. Jason Beer KC,…