26.19 F
New York City
January 18, 2020
Home » Corporate Events

Corporate Events

Reuters - Business

Boeing addresses new 737 MAX software issue that could keep plane grounded longer

Reuters
FILE PHOTO: A Boeing 737 Max aircraft is seen parked in a storage area at the company’s production facility in Renton, Washington, U.S. January 10, 2020. REUTERS/Lindsey Wasson WASHINGTON (Reuters) – Boeing Co (BA.N) said on Friday it is addressing a new software issue discovered in Iowa last weekend during......
Reuters - Business

Boeing says it is addressing new 737 MAX software issue discovered in technical review

Reuters
FILE PHOTO: A Boeing 737 Max aircraft is seen parked in a storage area at the company’s production facility in Renton, Washington, U.S. January 10, 2020. REUTERS/Lindsey Wasson WASHINGTON (Reuters) – Boeing Co (BA.N) said on Friday it is addressing a new software issue discovered during a technical review of......
Reuters - Business

Toyota completes $1.3 billion modernization project at Indiana facility

Reuters
FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File Photo (Reuters) – Toyota Motor Corp (7203.T) said on Friday it had invested an additional $700 million and added 150 new jobs to complete a $1.3 billion modernization......
Reuters - Business

Southwest Airlines push Boeing 737 MAX flight cancellations into June

Reuters
FILE PHOTO: Grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File Photo (Reuters) – Southwest Airlines Co (LUV.N) said on Thursday it would extend cancellations of 737 MAX flights through June 6, as the grounding of......
Reuters - Business

Polish watchdog fines Volkswagen over ‘dieselgate’ scandal

Reuters
FILE PHOTO: A car with the Volkswagen VW logo badge is seen on display at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Jonathan Ernst/File Photo WARSAW (Reuters) – Poland’s consumer watchdog UOKiK said on Wednesday it was fining Volkswagen more than 120 million zlotys......
Reuters - Business

Citigroup beats estimates on credit card, trading revenue growth

Reuters
(Reuters) – Citigroup Inc beat analysts’ estimates for fourth-quarter profit on Tuesday, boosted by growth in its credit card business and a jump in trading revenue. FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris......
Reuters - Business

Citigroup profit rises 15% as credit card, trading revenue jump

Reuters
FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren (Reuters) – Citigroup Inc reported a 15% jump in fourth-quarter profit on Tuesday, driven by higher credit card and trading revenue, as well as a......
Reuters - Business

Ryanair says could start getting Boeing 737 MAX by April

Reuters
FILE PHOTO: An aerial photo shows Boeing 737 MAX aircraft at Boeing facilities at the Grant County International Airport in Moses Lake, Washington, September 16, 2019. REUTERS/Lindsey Wasson/File Photo MADRID (Reuters) – Ryanair (RYA.I) could receive its first deliveries of up to 10 grounded 737 MAX aircraft from Boeing (BA.N)......
Reuters - Business

Visa to pay $5.3 billion to buy fintech startup Plaid

Reuters
(Reuters) – Visa Inc said on Monday it agreed to buy privately held software startup Plaid Inc in a $5.3 billion deal that will boost the payments giant’s access to the booming financial technology space. FILE PHOTO: A Visa credit card is seen on a computer keyboard in this picture......
Reuters - Business

Boeing’s worst year in decades

Reuters
(Reuters) – Boeing’s new Chief Executive Officer David Calhoun started work on Monday, inheriting a company that is reeling from the effects of two fatal crashes which led to the grounding of the 737 MAX last March. FILE PHOTO: A Boeing 737 MAX aircraft is parked at a Boeing production......
Reuters - Business

New Boeing chief executive: planemaker can be ‘much better’

Reuters
WASHINGTON (Reuters) – Boeing Co’s (BA.N) new chief executive, David Calhoun, assumed the job on Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model’s worldwide grounding in March. Calhoun, 62, a......
Reuters - Business

Boeing’s ousted CEO departs with $62 mln, even without severance pay

Reuters
(Reuters) – Boeing Co’s ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis. FILE PHOTO: Boeing Chief Executive Dennis Muilenburg testifies before a Senate Commerce, Science and......
Reuters - Business

U.S. regulator seeks to fine Boeing $5.4 million for defective parts on 737 MAX planes

Reuters
WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said on Friday it was seeking to fine Boeing Co $5.4 million, alleging it failed to prevent the installation of defective parts on 737 MAX airplanes. FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing......
Reuters - Business

Factbox: In Boeing internal messages, employees distrust the 737 MAX and mock regulators

Reuters
, (Reuters) – Boeing Co has released hundreds of internal messages that show attempts to duck regulatory scrutiny in the development of the 737 MAX, as well as employees disparaging the plane, the company and aviation regulators. The 737 MAX has been grounded since March when one of the jets......
Reuters - Business

‘Designed by clowns’: Boeing employees ridicule 737 MAX, regulators in internal messages

Reuters
WASHINGTON (Reuters) – Boeing Co has released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was “designed by clowns who in turn are supervised by monkeys”. The messages, disclosed on Thursday, show attempts to duck regulatory......
Reuters - Business

Boeing’s ousted CEO departs with $62 million, even without severance pay

Reuters
(Reuters) – Boeing Co’s (BA.N) ousted chief executive officer, Dennis Muilenburg, stands to receive $62 million in long-term incentive, stock awards and pension benefits, but forfeited $14.6 million and will receive no severance, the planemaker said in a regulatory filing on Friday. FILE PHOTO: Boeing Chief Executive Dennis Muilenburg testifies......
Reuters - Business

GM to revive Hummer name with electric pickups, SUVs: sources

Reuters
WASHINGTON (Reuters) – General Motors Co (GM.N) will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and will tout the return with a Super Bowl ad featuring NBA star LeBron James, two people briefed on the matter said on Friday. FILE......
Reuters - Business

Boeing supplier Spirit to lay off more than 20% of workforce in Kansas

Reuters
SEATTLE (Reuters) – Boeing Co’s (BA.N) biggest supplier, Spirit AeroSystems Holdings Inc (SPR.N), said on Friday it 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 service. FILE PHOTO:......
Reuters - Business

‘Designed by clowns’: Boeing releases internal messages that disparage 737 MAX, regulators

Reuters
WASHINGTON (Reuters) – Boeing Co on Thursday released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was “designed by clowns who in turn are supervised by monkeys”. The messages also show attempts to duck regulatory scrutiny......
Reuters - Business

‘Designed by clowns’: Boeing releases internal messages that disparage 737 MAX, regulators

Reuters
WASHINGTON (Reuters) – Boeing Co (BA.N) on Thursday released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was “designed by clowns who in turn are supervised by monkeys”. FILE PHOTO: Aerial photos showing Boeing 737 Max......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More