David Calhoun takes the helm of Boeing as CEO with a $7 million bonus incentive to get the 737 Max back in the air. FOX Business’ Kristina Partsinevelos with more. (Reuters) – Boeing Co reported its worst annual net orders in decades on Tuesday, along with its lowest numbers for plane deliveries […]
Reuters Top Video News
US, EU, Japan target China with new subsidy regulations
President Trump speaks from the White House on Monday’s U.S.-Japan trade agreement. BRUSSELS, Jan 14 (Reuters) – The United States, the European Union and Japan proposed new global trade rules on Tuesday to curb subsidies they say are distorting the worldwide economy, with China their clear target. Continue Reading Below […]
Ryanair could start getting Boeing 737 Max delivery by April, airline says
FOX Business’ Kristina Partsinevelos discusses Boeing’suppliers, Hexcel and Woodward, reportedly merging in a $6.4 billion deal and the company’s former and current CEOs on the floor of the New York Stock Exchange. By Isla Binnie Continue Reading Below MADRID (Reuters) – Ryanair could receive its first deliveries of up to 10 […]
Online mattress retailer Casper Sleep files for U.S. IPO
Casper Sleep Inc, CEO Philip Krim discusses his company’s strong growth and his plan to launch more brick-and-mortar locations. Casper Sleep Inc, the online mattress retailer whose investors include actor Leonardo DiCaprio and rapper 50 Cent, on Friday filed for an initial public offering with U.S. regulators. Continue Reading Below […]
Boeing supplier Spirit to lay off more than 20% of workforce in Kansas
When or if the Boeing 737 MAX returns to service, the company recommends fresh simulator training plus computer training for pilots. SEATTLE, Jan 10 (Reuters) – Boeing Co’s biggest supplier, Spirit AeroSystems Holdings Inc, plans to lay off more than 20% of the workforce at its Wichita-Kansas base as it grapples with halted production and uncertainty over when 737 MAX jets will return to […]
Boeing releases internal messages on 737 MAX, calls them ‘completely unacceptable’
When or if the Boeing 737 MAX returns to service, the company recommends fresh simulator training plus computer training for pilots. WASHINGTON — Boeing Co. on Thursday released hundreds of internal messages that raise serious questions about its development of simulators and the 737 MAX that was grounded in March […]
Airbus boosting American production amid tariff dispute
When or if the Boeing 737 MAX returns to service, the company recommends fresh simulator training plus computer training for pilots. (Reuters) – Airbus will increase production of A320-family jets at its Mobile, Alabama, plant to seven a month by the beginning of 2021, adding 275 jobs, the European planemaker said on Thursday. […]
Largest talc study gives no clear link to ovarian cancer
Student Movement Against Cancer (SMAC) founders Rob Mattar and David Baumwoll discuss how they raised more than $2 million for cancer research. CHICAGO (Reuters) – U.S. researchers who conducted the largest study yet into whether applying powder to the genitals increases a woman’s risk of ovarian cancer were unable to […]
American Airlines reach settlement with Boeing for 737 MAX compensation in 2019
FOX Business’ Jackie DeAngelis discusses how companies like Boeing and Tesla have impacted the day’s markets. (Reuters) – American Airlines Group Inc (AAL.O) said on Monday it had reached a confidential agreement with Boeing Co (BA.N) to address damages the airline incurred in 2019 due to the ongoing grounding of […]
Private equity’s talent challenge: Keeping it out of the family
BMO Low Volatility Equity Fund’s Ernesto Ramos gives his 2020 stock picks. (Reuters) – Family offices, which handle the wealth of the very rich and their kin, are increasingly poaching young talent from buyout firms, challenging the private equity industry’s claim as the destination of choice for aspiring dealmakers. Continue […]