Business

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 push back the long-delayed launch of its new wide-body airplane. The manufacturer will not deliver its still-uncertified 777X wide-body plane, which has customers that include Lufthansa and Emirates, until 2026, putting it some six years behind schedule.

The median midcareer salary for graduates of 13 four-year colleges and universities in Greater Washington is $124,476, according to data from Payscale Inc. The Seattle company has ranked the colleges and universities by the median salaries of their alumni. In the gallery above, we run down the local colleges and break out midcareer pay, which Payscale defines as the median salary for a bachelor’s degree-holder with 10+ years’ experience.

The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research into differences in prosperity between nations. The three economists “have demonstrated the importance of societal institutions for a country’s prosperity,” the Nobel committee of the Royal Swedish Academy of Sciences said at the announcement in Stockholm.

While nestled a safe distance away in Towson, Pickett Brewing Company’s self-proclaimed “beertender” Eric Kraai watched his two children narrowly escape the destruction of Hurricane Helene. Ellen, 21, who still lives in Boone, a town along the Blue Ridge Mountains about an hour and a half drive from her brother, Andrew, 29, in Asheville, made it out of North Carolina shortly after the Category 4 storm hit. They returned to find their communities devastated.

Every so often, Stacey Dorsey — decked out in yoga wear — surveys the city from a vantage point high atop the Natty Boh Tower. How did she get up there? “It’s simple, sometimes, how these things happen,” Dorsey said. “You always think maybe it’s some big story. But it’s not.” Here’s Dorsey’s in a nutshell. She used to own a medical billing company, which she’s since sold.

With Tesla’s hotly anticipated robotaxi event hours away, investors will soon get a glance at what CEO Elon Musk has called the CyberCab. After a decade of unfulfilled promises to deliver autonomous vehicles, capable of traveling reasonable distances safely without a human at the wheel, there’s a hefty dose of skepticism about what Tesla can do technologically, and when its robotaxi might actually hit the market.

MilliporeSigma, the U.S. and Canada life science business of Merck KGaA, Darmstadt, Germany, has opened its new $3.45 million biosafety testing facility in Rockville. Biosafety testing and analytical development are fundamental components of drug development and commercialization for traditional and novel modalities. Global demand for these services is growing at a double-digit rate.