Boeing said Wednesday it’s writing off $313 million for cost overruns on building Air Force refueling tankers as well as an expected shortfall in revenue from the sagging 747-8 jumbo jet program.

We develop and evaluate a two-level simulation procedure that produces a confidence interval for expected shortfall. The outer level of simulation generates financial scenarios, whereas the inner ...

City Council members are trying to figure out how to cover a $3 million shortfall in the Lynnwood budget. Lynnwood Mayor Christine Frizzell wrote in an email to council members that the city started ...

Norwich Public Schools issued a budget freeze due to an expected shortfall of $300,000 to $500,000 for the current fiscal year. The shortfall is attributed to the high costs of personnel ...