This comes, of course, after an incident injanuary this year, when an unused door blew out soon after take off on an Alaska Airlines 737 max, sparking multiple investigations into boeings safety culture. Boeing ceo, dave calhoun, who took over in 2019, after the previous boss was fired, has announced hes leaving at the end of the year. But who will take on the role, now described by some as the toughestjob in Corporate America . Some shareholders want to see a new face from outside the firm. And there is another bone of Contention Boeing Has disclosed mr calhoun was awarded a pay deal of almost 33 Million Dollars this year up 45 on last year. Thats despite a steep fall in the share price. He may not get the full amount of share options, though, if he does step down at the end of the year. To talk us through what could be a tense meeting, lets speak to barry valentine. He has a0 Years Experience in the aviation industry, and has served with the us federal Aviation Administration. He now
Pace for its fifth positive week in a row, why the rally . Pace for its fifth positive week in a row, why the rally . What we are auoin a row, why the rally . What we are going through a row, why the rally . What we are going through right a row, why the rally . What we are going through right now a row, why the rally . What we are going through right now i a row, why the rally . What we are going through right now i think a row, why the rally . What we are going through right now i think is| going through right now i think is that the broader market, s p 500 and nasdaq, reliant on a small number of names, dow is more industrial oriented. Leadership this year, names and the energy sector, Utilities Sector for example that have done very well and so energy has done better than the broad market and so i think that is what is boosting the dow. Is boosting the dow. Lets talk about some is boosting the dow. Lets talk about some of is boosting the dow. Lets talk about some of the is boosting
To texas. Joining me now is erin delmore, our north America Business correspondent. We should stress that he is not talking about whether shareholders support the move and the paid package, but actually whether she can get a request It Percentage of shareholders to a ballot. What is that about . Shareholders to a ballot. What is that about . ,. ,. , that about . You are right. There are two issues here, that about . You are right. There are two issues here, getting that about . You are right. There are two issues here, getting people that about . You are right. There are two issues here, getting people to l two issues here, getting people to vote, and getting people to vote at all. Shareholders approve this pay deal back in 2018. It was losing money back then. Now the company has a market value of nearly 570 billion dollars. Their argument is that they set these lofty targets that the company tied to mask s pay. They say he deserves the pay but a judge in delaware said that the process
Trading, writing have an encouraging Inflation Report that said all three major indexes to record closes on wednesday. 0ther Indexes to record closes on wednesday. Other good vibes on wall street making their way to main street . In a way, yes, many people are exposed to the stock market through their Retirement Fund so Stock Market Gains like the ones we have seen this week will get real money for real people. Consumers are not feeling so rosy. A survey last week so they are significantly more worried about the Economic Outlook than they were last month. Those feelings ari burnu for some retailers like walmart which reported Quarterly Earnings that Beat Estimates on those the morning. Shoppers have been flocking to the Discount Retailer as inflation has taken a bite out of household budgets. Four shares in a record close on thursday. Now much of their gains are coming from high income at shoppers who are making up a greater portion of the company business. They are still spending on b
Baseball caps tdow passed the threshold riding high from encouraging inflation reports that sent indexes to record closes. Are the good vibes making their way to main street . In a way, yes. Many people are exposed to the stock market through their retirement funds. Stock market gains like the ones we have seen this week, get real money for real people. Consumers are not feeling row a survey out showed that they are forried about the Economic Outlook than last month. Those feels are a boon for retailers like walmart that Beat Estimates in quarterly revenue. Shoppers are flocking as inflation takes a bite out of budgets. Shares hit a record close thursday. Now much of their gains are coming from high income shoppers, making up a greater portion of the companys business. Theyre still spending on big tickets like electronics, but low income shoppers are feeling more of the strain. Thats especially amid elevated housing and gas costs. How they feel about the economy is sure to be a central