U.S. stock indexes fell on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of high-flying…
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The S&P 500 and Nasdaq closed lower on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of high-flying growth companies.
Jet Engine Explosion Over Denver Rings Alarms on Shielding Bloomberg 2/22/2021 Alan Levin
(Bloomberg) The mid-air disintegration of a jet engine over suburban Denver Saturday is the latest in a string of failures that has raised alarm among regulators about debris evading shielding that’s supposed to keep broken parts from hitting aircraft.
The incident aboard the United Airlines flight 328, which showered neighborhoods with metal debris, appears to have been the fifth in five years in which a fan blade broke and destroyed the front section of the engine, according to accident reports and safety experts. That portion of the engine isn’t as protected as the core areas around the jet turbines that are built to contain material in a failure.
Airlines grounded dozens of older Boeing Co. 777 aircraft after the failure of a Pratt & Whitney engine showered debris into a Denver suburb and prompted U.S. regulators to order emergency inspections.