No pension, no planes: Boeing standoff reveals how far company has fallen

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Boeing Nouvelles

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Planet Business: Rooney lawyer’s Nobu deal, a homebuilder gets its sums wrong and the US department of justice outlines how it could take on Google

Planet Business: Plane maker’s pension woes, Rooney lawyer’s Nobu deal, a homebuilder gets its sums wrong and the US department of justice outlines how it could take on Google

Such pension schemes notably don’t tend to make a miraculous comeback. What the calls for its return highlights more than anything else is the extent to which working for Boeing – now barely a means to an end for many workers – was once both a coveted employment path and source of regional pride.

1. Forced divestments: The US department of justice could ask a judge to force Google to sell off its Chrome web browser and/or its Android operating system. This would “break them”, said Google vice-president of regulatory affairs Lee-Anne Mulholland. It might also raise the cost of Android devices, Google claimed.

 

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