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Boeing CEO Calhoun to step down

Boeing Co said on Monday CEO Dave Calhoun would step down from his position at the end of 2024....

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Boeing CEO Dave Calhoun to Step Down in Shakeup Amid Safety Crisis

Boeing CEO Dave Calhoun to Step Down in Shakeup Amid Safety Crisis
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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Boeing CEO Dave Calhoun to step down in shakeup amid safety crisis

(Reuters) -Boeing CEO Dave Calhoun will step down by year-end in a broad management shakeup brought on by the planemaker's sprawling safety crisis exacerbated by a January mid-air panel blowout on a 737 MAX plane. In addition, board chair Larry Kellner and Stan Deal, head of the company's commercial planes business, are also leaving as Boeing's board tries to get control of the myriad issues that have shaken confidence in the iconic planemaker over several weeks. Immediately after the Jan. 5 pan

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Southwest cuts delivery forecast from Boeing

Southwest Airlines on
Tuesday cut its expectations for the number of aircraft it
expects to receive from supplier Boeing Co, which is
grappling with production delays.
Boeing has advised...

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BAT to buy back $895 mln worth of shares in 2024 after ITC share sale

British American Tobacco
said on Tuesday it planned to sell up to 3.5% of its stake in
India's ITC and use the proceeds for stock buybacks,
including 700 million pound worth of shares
in 2024.
...

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US natgas producers cut spending, output to cope with low prices

U.S. natural gas producers are
curbing their output and spending on drilling activity as an
oversupplied market has brought the prices of the commodity down
to multi-decade lows.
In...

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GE Aerospace to invest over $650 mln in factories, supply chain in 2024

GE Aerospace said on Tuesday
it planned to invest over $650 million into its manufacturing
plants and supply chain this year to boost its production
capacity to support demand from commercial and...

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GE Aerospace to invest over $650 million in factories, supply chain in 2024

The company will invest nearly $450 million in 22 GE Aerospace facilities across 14 states in the United States and $100 million in some of its international sites. CFM International, GE's joint venture with France's Safran SA, is an engine supplier for Boeing's 737 MAX jetliners and competes with RTX's Pratt & Whitney to power Airbus' 320neo jets.

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GE Aerospace to Invest Over $650 Million in Factories, Supply Chain in 2024

GE Aerospace to Invest Over $650 Million in Factories, Supply Chain in 2024
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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Reddit targets up to $6.4 bln valuation in much-awaited US IPO

March 11 - Reddit is aiming for a valuation of up to
$6.4 billion in its U.S. initial public offering , the
social media platform said on Monday, as it nears one of the
most-anticipated...

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