Boeing CEO Dave Calhoun faces Senate questioning following whistleblower allegations and quality control concerns after a door plug blew out of 737 Max plane.
The outgoing chief of the embattled airplane maker is testifying in the wake of a whistleblower's allegations of safety issues. Follow live updates.
Boeing Starliner's return to Earth from the International Space Station with its first crew of astronauts has been pushed back to June 26, a NASA official said Tuesday.
Boeing allegedly hid faulty plane parts from federal regulators and then lost track of them, some of which may have been installed in new planes, according to a whistleblower complaint, the latest claims of manufacturing issues for the aerospace firm this year as its chief executive faces scrutiny over flight safety concerns.
Sam Mohawk, a current Boeing employee and new whistleblower, is alleging that faulty parts have "likely" been installed on the company's new airplanes.
Boeing is struggling to find a new CEO as Dave Calhoun departs at the end of the year, per the WSJ. Larry Culp of GE and David Gitlin of Carrier have declined the role.
Boeing CEO Dave Calhoun will face tough questions from U.S. senators on Tuesday over the planemaker's safety culture as well claims from a new whistleblower employee.
Boeing CEO Dave Calhoun faces a Senate panel over ballooning safety and quality control crises with the plane-maker. The hearing at the Senate Homeland Security Committee's Permanent Subcommittee on Investigations begins at 2 p.m.
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.