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 ...

SEOUL, Sept. 26 (Yonhap) -- South Korea is forecast to suffer a massive tax revenue shortfall for the second consecutive year in 2024 due mainly to weak corporate activities amid an economic slowdown ...

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 ...