Boeing announces it burned through $4.3 billion in the first quarter and will cut 10% of its workforce (BA)

· Boeing burned through $4.3 billion in cash in the first quarter and lost $641 million in revenue, the company announced Wednesday.
· It also announced production cuts on its commercial airplane assembly lines, and cuts to about 10% of its workforce, including layoffs.
· The company is being battered by dual crises from the...