Boeing’s mid-flight blowout a big problem for company
The Alaska Airlines incident could have been much worse, but is still a major issue for the US plane-maker.
The Alaska Airlines incident could have been much worse, but is still a major issue for the US plane-maker.
Boeing shares fell more than 8% at one point while shares in its supplier Spirit Aerosystems dropped 11%.
Business & Finance 21 November 2023, 2:14 pm 1 minute Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer…
Disneyland is ending its annual pass program after being closed for nearly a year due to the coronavirus pandemic, the resort announced Thursday. With Southern California experiencing the worst surge yet in COVID-19 cases and hospitalizations, and with no clear idea of when the theme park will be able to finally reopen, Ken Potrock, president…
Last year, the independent, fledgling union Trader Joe’s United accomplished what had never been done before: It formed the chain’s first unionized store, in Massachusetts, then its second, in Minnesota. Once the celebrations were over, workers got down to the less glamorous business of negotiating a first contract. But Trader Joe’s insisted everyone participate in…
Listen to article (2 minutes) After Allstate suffered billions of dollars in losses and failed to get the rate increases it wanted, it resorted to the nuclear option. The insurance giant threatened last fall to stop renewing auto insurance for customers in three states that hadn’t given in to its demands, which would have left…
Comment on this storyComment Add to your saved stories Save The Federal Aviation Administration ordered the grounding of 171 Boeing airplanes for inspection on Saturday, after part of a jet’s wall blew out in midair on a flight Friday and caused a dramatic emergency landing. All Boeing 737-9 Max planes with the same part —…