FAA chief acknowledges agency, Boeing made mistakes on 737 Max

FAN Editor

The head of the Federal Aviation Administration, Steve Dickson, acknowledged on Wednesday that Boeing and the U.S. air safety agency both made mistakes in developing the 737 Max jet, but rejected senators’ accusations the FAA was “stonewalling” probes after two fatal crashes. Boeing’s 737 Max has been grounded since March […]

Dow drops more than 100 points, snaps 3-day winning streak

FAN Editor

The Dow Jones Industrial Average and S&P 500 fell for the first time in four sessions on Wednesday as stocks that would benefit the most from an economic reopening struggled throughout the day.  The 30-stock Dow closed 170.37 points lower, or 0.7%, at 26,119.61. The S&P 500 dipped 0.4% to 3,113.49. Both the Dow and S&P […]