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The Bunker Buster Showdown: Boeing Built The Bomb, Northrop Built The Bomber—Which Stock Won Over The Past 10 Years?
Wednesday, June 18, 2025 - 2:02pm | 746As tensions flare in the Middle East, Aeronautics giant Boeing Co. (NYSE:BA) and defense contractor Northrop Grumman Corp. (NYSE:NOC) are sharing the headlines for one of the world’s most powerful conventional weapons. What Happened: With President Donald Trump promising ‘a real end...
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US Justice Department Seeks To Dismiss Boeing's Fraud Charges On 737 MAX Crashes That Killed Over 300
Friday, May 30, 2025 - 6:13am | 566The U.S. Department of Justice (DoJ) has moved to dismiss a criminal fraud charge against Boeing Co. (NYSE:BA), linked to the two fatal 737 MAX plane crashes, following an agreement with the aerospace giant. What Happened: The Justice Department has requested a federal judge to drop the ...
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Boeing Frustrations Reach Crescendo At Airline Founded By Warren Buffett Of India: 'We Just Don't Have Enough Aircraft To Fly'
Thursday, March 20, 2025 - 3:39am | 515India’s newest airline, Akasa Air, is grappling with delayed plane deliveries from Boeing Co. (NYSE:BA), leading to unrest among executives and idle pilots. What Happened: Akasa Air, backed by the deceased billionaire investor Rakesh Jhunjhunwala, also known as the Warren...
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Boeing And Its Largest Union Return To Table With Federal Mediators After 30K Workers Strike Over Failed Wage And Pension Talks
Wednesday, September 18, 2024 - 3:47am | 534Boeing (NYSE:BA) will restart contract negotiations on Wednesday with its largest union. What Happened: The talks will involve federal mediators after the two sides failed to agree on wages and pensions on Tuesday. The International Association of Machinists and Aerospace Workers (IAM),...
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Boeing To Have Minimal Impact Of Guilty Plea Over Safety Failures, Say Experts: 'Settlement Gives You The Idea That Justice Can Be Bought...Very Cheaply'
Tuesday, July 9, 2024 - 7:07am | 513In a recent development, Boeing (NYSE:BA) has agreed to plead guilty to defrauding the U.S. government over safety failures. However, experts predict that the impact on the company will be minimal. What Happened: According to experts, Boeing’s stock price, credit rating, or U.S. government...
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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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Boeing Faces Sanctions From NTSB Over Unauthorized Release Of 737 MAX Investigation Details
Thursday, June 27, 2024 - 7:32am | 593The National Transportation Safety Board (NTSB) has imposed sanctions on Boeing Co. (NYSE:BA) for disclosing non-public details of an ongoing investigation into a 737 MAX mid-air emergency. The NTSB has also referred Boeing’s conduct to the Justice Department. What Happened: The NTSB stated...
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Boeing Offers To Acquire Spirit Aerosystems In $35 Per Share Deal Funded Mostly By Stock: Report
Tuesday, June 25, 2024 - 12:04am | 530Boeing Co. (NYSE:BA) has proposed to acquire Spirit AeroSystems Holdings Inc. (NYSE:SPR) in a deal largely financed by stock, valuing the supplier at approximately $35 per share. What Happened: The proposed acquisition, which represents a 6% premium to Spirit’s stock price on Monday, is a...
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Boeing Stock Grounded After CEO Testimony To Congress: 'Issues Before Us Today Have Real Human Consequences: Life And Death' (UPDATED)
Tuesday, June 18, 2024 - 4:30pm | 742Editor’s Note: Additional information has been added to this article. On Tuesday, The Boeing Company (NYSE:BA) CEO David Calhoun testified before the Homeland Security & Government Affairs subcommittee on investigations sharing more on the shortcoming of the company and what comes next....
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Boeing Testimony Before Congress Comes As Several Members Sold Shares Of Aerospace Giant
Tuesday, June 18, 2024 - 1:02pm | 609Boeing Co (NYSE:BA) CEO David Calhoun will testify before Congress today (June 18) about the company's safety measures. The testimony comes as several members of Congress sold their Boeing shares in 2024. What Happened: Calhoun will testify in front of the Senate Committee on Homeland Security...
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Boeing's Outgoing CEO Dave Calhoun Set To Testify Before US Senate On June 18 Amid Safety Concerns
Thursday, June 6, 2024 - 7:02am | 558The outgoing CEO of Boeing Co (NYSE:BA), Dave Calhoun, is scheduled to testify before a U.S. Senate panel on June 18. Calhoun’s testimony comes in the wake of a series of incidents that have raised concerns about the safety and quality of Boeing aircraft, leading to a reduction in production...
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New Boeing Whistleblowers Speak Out: Death Of Colleagues 'Doesn't Add Up'
Wednesday, June 5, 2024 - 12:47pm | 542Boeing Co (NYSE:BA) has been ridiculed for several operational failures in recent years. Two whistleblowers are now speaking out amid the Virginia-based company’s attempts to save face. Their comments come on the heels of two other Boeing whistleblowers dying within weeks of each other. What...
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Boeing Poised To Land A Whopping 250-Jet Order From Turkish Airlines: Report
Tuesday, June 4, 2024 - 8:05am | 537In a significant development for the aviation industry, Turkish Airlines is reportedly on the verge of striking a massive deal with Boeing Co. (NYSE:BA) for a fleet expansion that could include up to 250 jetliners. What Happened: Turkish Airlines is in the final stages of discussions with Boeing to...
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Boeing's Production Slowdown Sends Shockwaves Through Aerospace Supply Chain
Wednesday, May 29, 2024 - 7:00am | 699Boeing Co’s (NYSE:BA) ongoing production issues are causing uncertainty in its supply chain, as suppliers grapple with fluctuating production rates and the cost of excessive inventory. What Happened: The slowdown in manufacturing the 737 Max is challenging an already strained aerospace supply...
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Boeing Faces Potential Criminal Prosecution As Crash Victims' Families Demand Justice: 'Throw Out The DPA'
Wednesday, April 24, 2024 - 8:18am | 643In the latest development, families of victims from the 2018 and 2019 Boeing 737 MAX crashes are calling on the U.S. Justice Department to prosecute Boeing Co. (NYSE:BA) over ongoing safety concerns. What Happened: The families are set to meet with Justice Department officials, arguing that Boeing...