Boeing’s new CEO, David Calhoun, told CNBC on Wednesday that he’s confident that regulators will permit the 737 Max to return to service by the middle of 2020. Last week, Boeing gave airlines and suppliers that same timetable, which was months later than the company previously expected. “Mid-year is what we think we can do,” […]
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5 things to know before the stock market opens January 21, 2020
U.S. inventory futures have been pointing to a decrease Wall Street open on Tuesday, with world shares from Asia to Europe underneath strain. The U.S. market was closed Monday for the Martin Luther King Jr. vacation. On Friday the Dow Jones Industrial Average, S&P 500 and Nasdaq all closed at report highs once more. For […]
Boeing’s new CEO Calhoun has little margin for error in 737 Max scandal
Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing’s new CEO, Dave Calhoun, has a daunting to-do list when he takes the reins at the company’s Chicago headquarters on Monday: improving the plane-maker’s strained relationships with regulators and airline customers, winning back public trust and getting the 737 Max — grounded for almost a […]
Joe Biden campaign chairman rallies Wall Street donors for fundraising push
Democratic presidential candidate, former Vice President Joe Biden delivers remarks on the Trump administration’s recent actions in Iraq at Current, Chelsea Piers in New York City. Ron Adar | Barcroft Media | Getty Images Joe Biden’s campaign chairman privately met with some of Wall Street’s top donors last week in an attempt to rally them […]