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The approval of the largest CEO package in U.S. corporate history underscores the sport Musk has from the company's shareholders and passed despite opposition from some large institutional investors and proxy advisory firms. The vast majority of large American companies are in Delaware and they're in Delaware because Delaware is generally viewed as a favorable jurisdiction for companies.
SINGAPORE -Many passengers on a Singapore Airlines flight hit by heavy turbulence which left dozens injured and one dead from a suspected heart attack finally reached...
Former Qualcomm chief Steve Mollenkopf will make his first public appearance as chairman at the virtual gathering. Boeing is dealing with a sprawling crisis that includes multiple investigations, possible prosecution for past actions and slumping production of its strongest-selling jet. Mollenkopf is leading the search to replace Calhoun, who said he would retire by year-end as part of a management shakeup following a January mid-air blowout on a new 737 MAX 9.
WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower's claims that the company dismissed safety and quality concerns in the production of the planemaker's 787 and 777 jets, an agency spokesperson said on Tuesday. Boeing engineer Sam Salehpour said he identified engineering problems that affected the structural integrity of the jets and claimed Boeing employed shortcuts to reduce bottlenecks during the 787 assembly process, his attorneys sai
Boeing and Airbus are edging towards a potentially coordinated deal to split operations of troubled supplier Spirit AeroSystems, taking on plants needed to support their top jet programs, people...