Boeing to cut 787 production rate

Boeing Co. plans to cut the production rate of 787 airplanes to 12 per month beginning in late 2020, a reduction that company leadership attributed to the current trade environment between the U.S. and China. Boeing currently produces 14 787s per month between its Everett, Wash., and North Charleston facilities.

Cradle to Career names next CEO

Phyllis Martin has been named the Tri-County Cradle to Career Collaborative’s next CEO. In November, she will replace John C. Read, who has served in the role for the past five years.

Santee Cooper pays off $360M in bond debt

The utility had faced $8 billion in debt, with half related to the failed V.C. Summer nuclear project. The payment is part of a business strategy that aims to reduce Santee Cooper’s nuclear debt by $925 million in the next 2 years.

Helping Out

The seventh annual Turkey and a $20 drive is scheduled for Nov. 26 at One80 Place. Individuals, small businesses and organizations can drop off monetary gifts, ham or turkey to aid the shelter in its mission to end homelessness in the community.

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