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Boeing posts $8.4 billion loss on weaker demand for planes

Boeing lost $8.4 billion in the fourth quarter on weaker demand for planes during the pandemic and another setback to a new large plane designed for long-haul flights. In the past two years, Boeing has posted huge losses mostly because of the crisis around two deadly crashes involving its...

US exploring new bases in Saudi Arabia amid Iran tensions

DUBAI, United Arab Emirates (AP) — The U.S. military is exploring the possibility of using a Red Sea port in Saudi Arabia and an additional two airfields in the kingdom amid heightened tensions with Iran, the military said Tuesday. While describing the work as "contingency" planning, the...