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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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Starliner Delays Weigh On Boeing's Space Segment, Company Reports $1B Loss On Fixed-Price Programs In Q2
Thursday, August 1, 2024 - 7:49am | 548Boeing Co‘s (NYSE:BA) defense, space, and security segment recorded an increased loss from operations of $913 million in the second quarter and revenue of $6 billion, marking a drop of 2% year-on-year, owing to multiple factors including delays associated with its Starliner spacecraft. What...
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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 Search For New CEO Persists As Calhoun Faces Congressional Hearing
Tuesday, June 18, 2024 - 12:18pm | 560Boeing Company (NYSE:BA) is reportedly facing complications in its search for a new leader as several high-profile candidates have declined the opportunity amid discussions about the necessity of the next CEO being based near its Seattle-area factories. In March, Boeing’s Chief Executive...
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What's Going On With Boeing's Shares On Tuesday
Tuesday, June 18, 2024 - 11:17am | 507Shares of aircraft giant Boeing Co. (NYSE:BA) are trading lower on Tuesday. Boeing is facing fresh allegations from a quality inspector, over the alleged mishandling of hundreds of defective parts potentially installed on new 737 Max aircraft, even as the aircraft maker continues to face scrutiny...
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Boeing's CEO David Calhoun To Face US Senators' Questions On Plane Safety Amid Ongoing Investigations
Tuesday, June 18, 2024 - 1:42am | 649Boeing Co.‘s (NYSE:BA) CEO, David Calhoun, is set to appear before U.S. senators on Tuesday, where he will be questioned about the company’s safety measures amid ongoing investigations. What Happened: Calhoun is expected to address the Senate investigations subcommittee, chaired by Sen...
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Boeing's Flight Plan In Question: Stock Drops As Deliveries Stall, Valuation Concerns Mount
Tuesday, April 9, 2024 - 3:09pm | 551Boeing Co (NYSE:BA) investors are closely monitoring recent developments as the aerospace giant navigates through a series of challenges. The stock was trading lower by 1.87% on Tuesday afternoon, after the company reported Q1 deliveries of 97 planes. Boeing Stock Down 30% YTD On Delivery Concerns...
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Elon Musk Reacts As Boeing CEO David Calhoun Receives $33M Compensation For 2023 Despite Airplane-Maker's Security Woes
Saturday, April 6, 2024 - 2:26am | 455Planemaker Boeing Co (NYSE:BA) said on Friday that the company paid its outgoing CEO David Calhoun $32.8 million as total compensation in 2023. What Happened: While Calhoun’s salary only accounts for $1.4 million of his total compensation, he received $30.2 million in stock awards and $1.2...
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Boeing CEO Says Company Needs To Acknowledge 'Mistake' As 737 Max 9s Remain Grounded
Tuesday, January 9, 2024 - 6:54pm | 405Boeing Company (NYSE: BA) CEO David Calhoun on Tuesday told employees the company will acknowledge its mistake and act with complete transparency as investigations into Friday’s incident involving a Boeing 737 Max 9 proceed. What Happened: According to a Wall Street...
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This High-Flying Fortune 500 CEO Hasn't Returned To His Office Desk Even As Corporate America Seeks To End Remote Work
Tuesday, September 12, 2023 - 3:27am | 597In a world where corporate leaders are urging employees to return to the office, David Calhoun, Boeing Co‘s (NYSE:BA) Chief Executive Officer, is seemingly charting his own course. What Happened: Despite taking the helm just before the COVID-19 pandemic, Calhoun never...
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Aircraft Orders Overflow, Undeterred By Economic Worries Following The Pandemic: Report
Sunday, June 25, 2023 - 10:27am | 576Airbus SE (OTC:EADSY), a European aerospace company, is reportedly seeing overflowing orders for its aircraft even as global economic growth remains wobbly. What Happened: At the Paris Air Show last week, the company announced a record commercial order for its 500 A320 aircraft, valued at $55...
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Why Boeing's Stock Is Taking Off Today
Wednesday, July 28, 2021 - 9:47am | 159Boeing Co (NYSE: BA) is trading higher Wednesday morning after the company announced better-than-expected second-quarter earnings results. Boeing reported quarterly earnings of 40 cents per share, which beat the estimate for a loss of 72 cents per share. The company reported quarterly revenue of $...
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Boeing Analyst: CFO Faces 'No Shortage Of Challenges' In New Role
Thursday, July 1, 2021 - 3:18pm | 359Boeing Co (NYSE: BA) shares traded slightly higher on Thursday after the company announced a new CFO on Wednesday. What Happened? Boeing announced Refinitiv CFO Brian West will take over as Boeing CFO in August. West has previously worked closely with Boeing CEO David Calhoun. Related Link:...
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Boeing's CEO On Coronavirus Impact On Travel, 737 MAX Update, Bond Offering
Friday, May 8, 2020 - 3:01pm | 489Many U.S. airliners are "reasonably confident" that a return to 30% to 50% of pre-COVID-19 capacity by the end of 2020 is possible, Boeing Co (NYSE: BA) CEO David Calhoun said in a Fox Business interview Friday. A 'Crawl Back' For Airline Industry Investors expecting a swift...