Boeing CEO Dave Calhoun will likely face tough questions Tuesday when a Senate panel grills the executive on safety problems, manufacturing missteps and alleged efforts to intimidate whistleblowers.
U.S. equities appear unstoppable. The tech-heavy Nasdaq has rallied a whopping 21% on a year-to-date (YTD) basis, while its counterpart, the S&P500 is up 15.4%.
Boeing CEO Dave Calhoun will tell a U.S. Senate Committee on Tuesday the planemaker understands concerns about its safety culture after a January mid-air emergency involving an Alaska Airlines 737 MAX 9 raised widespread alarm.
Several high-profile candidates have turned down the chance to run Boeing BA 0.87%increase; green up pointing triangle, complicating the jet maker's search for a new leader amid discussions about whether the next CEO needs to be based near its Seattle-area factories.
Blue-chip stocks to sell should be on investors' radars amidst the economic uncertainty. Interest rates have held steady at elevated levels, and the Federal Reserve is maintaining a cautious stance on future cuts.
The Federal Aviation Administration is investigating after a Southwest Airlines flight came within 400ft of the ocean following an aborted landing attempt.
The latest chapter of Boeing's difficulties began in January of this year when a door plug on an Alaskan Airlines 737 MAX 9 blew out at 16,000 feet causing an uncontrolled decompression which would most likely have resulted in the loss of the aircraft and passengers had it occurred at a higher altitude. Investigations quickly found that the door plug had been manufactured by Spirit AeroSystems and removed after damaged rivets were found and uninstalled, but never replaced, at the Boeing plant in Renton, Washington.
Boeing could be forced to significantly increase wages this year. Supporting one of its key and troubled suppliers could be a drain on cash.
A Boeing 737 Max suffered damage to parts of the plane's structure after it went into a “Dutch roll” during a Southwest Airlines flight last month, U.S. investigators said Friday.
Airplane maker Boeing (BA) remains on the radar Monday after Reuters reported Friday that the company told suppliers it plans to slow the output goal of its troubled narrow-body 737 jet for three months.
3M isn't a great company, but the stock is a decent value opportunity. The perception of McDonald's brand is paramount to its franchise business model.
Boeing has told suppliers it is delaying a key production milestone for its 737 jet family by three months, two industry sources said.