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DOJ Offers Boeing Deal To Avoid Criminal Charges Over 737 Max Crashes
Friday, May 23, 2025 - 3:42pm | 390The U.S. Justice Department has offered Boeing Co. (NYSE:BA) a deal to avoid criminal prosecution over the two fatal 737 Max crashes that killed 346 people, reigniting scrutiny over the company’s accountability and safety practices. What Happened: On Friday, the DOJ announced a proposed...
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Boeing Hit With 737 Safety Alert, Issues Deliveries Warning As Strike Continues
Tuesday, October 8, 2024 - 1:53pm | 399Boeing Co (NYSE:BA) has faced some turbulent years with several safety issues, public criticism and substantial leadership overhauls. Here’s the latest update on ongoing safety concerns and the effects of an ongoing labor strike. Regulatory and Safety: In an alert issued Monday, the U.S....
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Why Are Boeing Shares Trading Lower Today?
Monday, September 30, 2024 - 4:47pm | 346Boeing Inc. (NYSE:BA) shares are trading lower after its striking machinists rejected a labor offer, raising concerns over possible operational disruptions and prolonged negotiations. What To Know: Adding to Boeing’s challenges, the U.S. National Transportation Safety Board (NTSB) issued...
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J.D. Vance, Trump Force 2 Make Emergency Landing In Wisconsin: Boeing 737 Issues Reach 2024 Campaign Trail
Friday, August 16, 2024 - 4:35pm | 548A plane carrying Republican vice-presidential candidate J.D. Vance was forced to make an emergency landing Friday that could bring more attention to the continued safety and quality issues with the Boeing 737. What Happened: Vance, who is campaigning in the 2024 election, was forced to make an...
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'Boeing Is Everything Wrong With American Capitalism': Ex-Labor Secretary Robert Reich Responds To Plea Deal
Monday, July 8, 2024 - 4:59pm | 480A Former Secretary of Labor chimed in on Boeing Co‘s (NYSE:BA) emblematic market position following years of safety concerns and a plea deal with the United States Department of Justice on Monday. The Plea Deal: Boeing and the DOJ agreed to a preliminary plea deal, according to a court filing...
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Delta Air Lines Q1 Earnings Preview: Bright Forecast With A Dash Of Boeing Drama, Solar Eclipse Spotlight
Monday, April 8, 2024 - 1:58pm | 679Leading airline company Delta Air Lines Inc (NYSE:DAL) is set to report first-quarter financial results before market open Wednesday, April 10, 2024. Here's a look at the key earnings estimates, analyst ratings and key items to watch. Earnings Estimates: Analysts expect Delta Air Lines to report...
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Airbus CEO Dismisses China's Comac C919 Threat: 'Not Going To Rock The Boat'
Tuesday, February 20, 2024 - 4:17am | 718Christian Scherer, the CEO of Airbus SE‘s (OTC:EADSY) commercial aircraft business, has expressed his confidence in the face of emerging competition from China’s Comac C919. Scherer believes that the new entrant will not significantly impact the market. What Happened: Scherer made these...
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'I am Angry,' Says Alaska Airlines CEO On Boeing 737 Max 9 Mid-Air Blowout, Reveals Many Loose Bolts Found On Inspections
Tuesday, January 23, 2024 - 9:05pm | 844Alaska Airlines Group, Inc (NYSE:ALK) CEO, Ben Minicucci, has recently disclosed that internal inspections have brought to light a significant number of loose bolts on their 737 Max 9 aircraft, manufactured by The Boeing Company (NYSE:BA). This revelation follows a near-miss incident earlier this...
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United Airlines CEO Scott Kirby Voices Displeasure Over Boeing's Quality Issues Amid Ongoing Grounding: Report
Tuesday, January 23, 2024 - 12:52am | 629In a recent development, United Airlines Holdings Inc (NASDAQ:UAL) CEO, Scott Kirby, has reportedly expressed his dissatisfaction with Boeing Co‘s (NYSE:BA) handling of ongoing quality issues, adding to the pressure on the aircraft manufacturer. What Happened: Kirby has been voicing his...
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Antony Blinken's Grounded Flight Intensifies Boeing's Crisis: Trust Plummets In Latest Survey
Thursday, January 18, 2024 - 4:52pm | 662Airplane manufacturer The Boeing Company (NYSE:BA) has faced a series of setbacks related to its popular Boeing 737 plane. Compounding the problems, a high-ranking Biden Administration official had to switch planes because of issues with a 737. What Happened: U.S. Secretary of State Antony Blinken...
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Just Plane Awful- Boeing's Subpar Performance Continues
Thursday, January 11, 2024 - 11:13am | 392Boeing’s 737 Max 9 (NYSE: BA) is in the spotlight again, but for the wrong reasons, all 737s are grounded again. This has caused two airlines, United (NASDAQ: UAL) and Alaska (NYSE: ALK), to scramble due to the temporary removal of this model from their fleets. However, the 737 Max aircraft...
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Boeing 737 Max 9 Crisis Deepens: United Airlines Discovers Loose Bolts
Monday, January 8, 2024 - 8:50pm | 800In a recent development, United Airlines Holdings Inc (NASDAQ:UAL) has uncovered loose bolts in several grounded 737 MAX 9 airplanes, further exacerbating the ongoing crisis faced by Boeing Co (NYSE:BA) with this model. What Happened: United revealed that it had found loose bolts on multiple panels...
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Boeing Trying To Resume Max 737 Flights In Asia: Report
Thursday, February 25, 2021 - 4:45am | 303Boeing Co. (NYSE: BA) is working with regulators and customers in Asia to return the 737 Max aircraft to service in the region, according to a Reuters report, citing a company executive. “We’re continuing to work with global regulators and our customers to return the 737 MAX to...
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'Too Early For Victory Laps': Stock Market Update For The Week Ahead
Sunday, September 20, 2020 - 3:47pm | 1684The Past Week, In A Nutshell What Happened: Last week ended negative on weakness concentrated in heavily-weighted index constituents. Remember This: “The Fed essentially acknowledged they were a bit behind the curve with their forecast on the economy, as projections needed tweaking to reflect...
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Fintech Focus For September 18, 2020
Thursday, September 17, 2020 - 9:57pm | 2110Good morning! If you're new to the Fintech Focus, you can subscribe here! Quote Of The Day: You can do everything right and still fail. - Will Eastman Fintech Movers: Banking giant UBS is skeptical that Bitcoin is a safe-haven asset, according to a report issued on September 9 by its Swiss...