New York CNN  —  Boeing described a $650 million running decline in the fourth quarter, astonishing Wall Road analysts who had expected the aircraft giant to turn a gain. The firm blamed the sudden loss on “abnormal output costs” as it tried each to provide the remaining backlog of 737 […]

Daniel Ek, CEO of Swedish music streaming service Spotify. Toru Yamanaka | AFP | Getty Images Spotify announced Monday it’s cutting 6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of its global workforce as the music streaming company contends with a gloomy economic environment that has seen consumers and advertisers alike limit their spending. Spotify has a […]