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The Latest Breaking News from Dave Calhoun

Veteran analyst roasts Boeing's stock after miscues

Boeing shares have slumped 20% over the past year.

The Street

Latest round of Boeing hearings prompts call for decisive action - Roll Call

Federal Aviation Administrator Mike Whitaker will make the rounds on Capitol Hill this week focusing on the agency’s oversight of Boeing Co.

Roll Call

As Boeing's workers strike, CEO Kelly Ortberg may need to pay up

Boeing announced cost-cutting measures Monday as rating agencies consider downgrading its debt to junk and the stock falters.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Analyst overhauls Boeing stock price target as cash issues persist

Boeing has lost more than $143 billion in market value since the second of two fatal 737 Max crashes in March 2019.

The Street

Boeing's New CEO Prioritizes Safety And Quality Control

Boeing's new CEO, Kelly Ortberg, is driving operational changes and safety improvements to overcome past setbacks and enhance the company's future prospects.

Top News

Boeing Names New CEO As It Reports Hefty Loss

Boeing named former Rockwell Collins chief Robert "Kelly" Ortberg its next CEO Wednesday, as the aviation giant reported a hefty loss on continued operational problems.

International Business Times

Boeing Stock Climbs On CEO Appointment, Despite Earnings Miss

Boeing stock rose early Wednesday after the Dow Jones aerospace giant ended its CEO search. But the plane maker missed Q2 forecasts.

Investors Business Daily

Dave Calhoun’s net worth: Boeing CEO’s wealth & salary as he steps down

Calhoun became Boeing's CEO in 2020, tasked with steering the company forward after two fatal crashes damaged its reputation. Here's how much he's worth in 2024 ahead of his resignation.

The Street

Is this Boeing’s next CEO?

He's known as 'Mr. Fix-It.'

Fortune

‘They can’t move on’: families of Boeing crash victims demand justice

As Boeing’s safety crisis intensifies, relatives of victims of the 2018 and 2019 crashes are still fighting for accountability

The Guardian - US

Boeing just committed to buying Spirit (no, not that one)

Outgoing Boeing CEO Dave Calhoun said the deal is in the "best interest of the flying public."

The Street

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The Independent UK

Embattled Boeing agrees to buy longtime supplier Spirit AeroSystems for $4.7bn

The agreement comes as the Department of Justice is set to offer Boeing a plea deal in connection to two deadly crashes

The Independent UK

Boeing to be offered plea deal by Justice Department over deadly 737 Max crashes

Boeing has until July 7 to accept the deal. If the company rejects the terms, the DOJ can pursue prosecution

International Business Times

Boeing Acquires Spirit AeroSystems In $4.7 Billion All-Stock Deal

The comprehensive transaction, which includes Spirit's reported net debt, amounts to approximately $8.3 billion.

International Business Times

Boeing Says To Buy Subcontractor Spirit For $4.7 Billion

US aircraft manufacturer Boeing said Monday it had reached a "definitive deal" to buy its subcontractor Spirit, which has faced scrutiny over production quality control in recent months.

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The Independent UK

Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock

Boeing has announced plans to aquire Spirit AeroSystems for $4.7 billion in an all-stock transaction for the manufacturing firm

The Independent UK

DoJ prosecutors recommend Boeing face criminal charges, reports say

The two sides are are said to currently be in discussions over a potential resolution

The Guardian - UK

Boeing should face criminal charges, say US prosecutors – reports

Department of Justice said aircraft maker violated settlement related to two fatal 737 Max crashes

The Street

Boeing's CEO hopes buying Spirit ends its woes (don't count on it)

The troubled aerospace giant hopes buying back the maker of its 737 fuselages will help turn the company around.

International Business Times

Boeing May Avoid Criminal Charges Over Violations: Report

The US Justice Department is considering a deal with Boeing that would see the aerospace giant avoid criminal prosecution but may appoint a federal supervisor to oversee company progress on safety improvements, The New York Times reported Friday.

The Guardian - US

Families of Boeing crash victims demand prosecution for ‘deadliest corporate crime in US history’

Attorney for families says plane maker should be fined $25bn, but amount could be reduced if Boeing improved safety standards

Reason

The Possible Penalties for Boeing's Crime of Concealing 737 MAX Safety Issues

My letter to the Justice Department lays out the possibilities, including a possible fine of $24,780,000,000

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