Boeing admits mistake over 737 Max 9 door blowout
Boeing’s boss Dave Calhoun vows to find the cause of the incident on the Alaska Airlines flight.
WSJ News Exclusive | Boeing CEO Says Company Needs to Acknowledge ‘Our Mistake’
Updated Jan. 9, 2024 8:05 pm ET Boeing CEO David Calhoun said the company needs to acknowledge its mistake as the aircraft maker reels from a door-plug failure that has resulted in roughly 170 of its planes being grounded and spooked its customers. In his first remarks since the harrowing accident, Calhoun indicated a misstep…
Mortgages: Barclays and Santander cut rates as competition intensifies
The interest rate on a fixed mortgage does not change until the deal expires, usually after two or five years, and a new one is chosen to replace it. Doing nothing would leave people on a variable rate, which is very expensive – with an average rate of more than 8%.
The Latest Dirty Word in Corporate America: ESG
Following years of investor backlash, a number of business leaders are now making a conscious effort to avoid the once widely used term.
Walmart Expands Drone Delivery in Dallas as It Races Amazon
Listen to article (1 minute) Drones are more likely to be buzzing overhead this year if you live in Dallas. Walmart plans to offer drone delivery to most of the region this year, a major expansion of its effort in recent years to provide the delivery option to some customers in several states. Copyright ©2024…
Boeing to revise 737 Max 9 inspection instructions as planes remain grounded, FAA says
An Alaska Airlines Boeing 737 Max 9 aircraft is grounded at Los Angeles International Airport in California on Jan. 8, 2024. Eric Thayer | Bloomberg | Getty Images Aircraft manufacturer Boeing will revise inspection instructions for its 737 Max 9 planes after a panel blew out midflight last week during an Alaska Airlines flight and…
NASA delays crewed Artemis moon missions into 2025 as companies navigate challenges
The crew members of the Artemis 2 mission of the U.S. space agency NASA, left to right, Reid Wiseman Victor Glover, Christina Koch and Jeremy Hansen, stand at a press event in the ArianeGroup building. Hauke-Christian Dittrich | Picture Alliance | Getty Images NASA is pushing back the schedule for upcoming missions of its flagship…
Home prices are surging — and Detroit gained the most in November, beating Miami for the first time
A “For Sale” sign hangs outside a home on the west side of Detroit, Michigan. Fabrizio Costantini | Bloomberg | Getty Images Home prices are rising faster and faster each month, fueled by a decline in mortgage rates. On a national level, home prices jumped 5.2% in November compared to the same month a year…
NFL offers buyouts to more than 200 employees
Nick Laham | Getty Images The National Football League offered voluntary buyouts to at least 200 employees as it gears up for start of the playoffs this coming weekend, according to a memo obtained by CNBC. The NFL, which has about 1,100 employees, told staff that it is “continuously evaluating ways to enhance efficiency and…
U.S. lunar company’s inaugural mission falls short of moon landing after spacecraft malfunction
Astrobotic’s Peregrine lunar lander is seen during preparations for launch near NASA’s Kennedy Space Center in Florida. United Launch Alliance Pittsburgh-based Astrobotic’s inaugural lunar mission suffered a malfunction shortly after launch, and the company is calling off the landing attempt. It would have been the first U.S. moon landing in more than 50 years. Astrobotic…
