2:53 p.m. Feb. 26, 2021
Futuristic: A SPAC Fuels the Takeoff of Electric Air Taxis
Here comes flying cars. The air-taxi start-up, Joby Aviation, is merging with a SPAC, which will fund its development. Next stop: air-taxi services around the world,
1:30 a.m. Feb. 26, 2021
Flying Cars, of a Sort, Are Coming. There Are Two Stocks for That.
Joby Aviation is building an urban air-mobility business---a sort of Tesla plus Uber, in the skies---that is merging with a SPAC sponsored by LinkedIn co-founder Reid Hoffman.
2:18 p.m. Feb. 25, 2021
Boeing must pay $6.6 million to settle FAA allegationsFederal regulators have imposed $5.4 million in civil penalties against Boeing for violating terms of a $12 million settlement in 2015, and the aircraft maker has agreed to pay another $1.21 million to settle two current enforcement cases.
3:48 p.m. Feb. 24, 2021
FAA failed in oversight of Boeing 737 Max, federal auditors sayFederal auditors say U.S. regulators didn’t understand a flight-control system that played a role in two deadly crashes of a Boeing jet and must improve their process for certifying new planes.
5:55 p.m. Feb. 23, 2021
FAA grounds certain planes after engine failure over DenverThe Federal Aviation Administration on Tuesday ordered airlines in the United States to ground planes with the type of engine that blew apart after takeoff from Denver this past weekend until they can be inspected for stress cracks.
12:24 p.m. Feb. 22, 2021
- By Callum Keown
7 reasons to buy the dip in stocks as bond yields climb, strategist saysStocks are under pressure at the start of the week, as bond yields rise on hopes a global economic recovery is around the corner.
10:45 a.m. Feb. 22, 2021
Boeing 777 aircraft grounded after Denver incidentThe U.S. plane maker Boeing said it supported decisions by airline regulators in Japan and the U.S. to suspend operations of 128 of its 777 aircrafts powered by Pratt & Whitney 4000-112 engines.
3:57 a.m. Feb. 22, 2021
Boeing Stock Falls on 777 Engine Failure. That's Wrong.
Boeing stock was down 3% in premarket trading after an engine failure on a United Airlines 777. The point to remember is that Boeing doesn't make or maintain the engines.
3:13 a.m. Feb. 22, 2021
Inflation Is Making a Comeback
Boeing 777 aircraft grounded after Denver engine incident, vaccinations are set to get back on track as U.S. deaths near 500,000, what’s ahead for the housing market in 2021, and other news to start your day.
1:36 a.m. Feb. 22, 2021
- By Tomi Kilgore
Boeing stock selloff would cut Dow's price by 56 points, after United pulls 777s from serviceShares of Boeing Co. dropped 3.9% early Monday, to pace all of the Dow Jones Industrial Average's premarket decliners, after United Airlines Holdings Inc. said it was in the wake of an engine blowing apart while in flight over the weekend. The Federal Aviation Administration has ordered United to step up inspections of all of its Boeing 777s. Boeing's implied stock selloff would lower the Dow's price by about 56 points, while Dow futures shed 165 points. Shares of Raytheon Technologies Corp. , the parent of Pratt & Whitney, which made the engine, slid 2.9% in the premarket, while United's stock inched up less than 0.1%.
7:00 p.m. Feb. 21, 2021
FAA orders Boeing 777 inspections after engine blows over Denver suburbFederal aviation regulators are ordering United Airlines to step up inspections of all Boeing 777s equipped with the type of engine that suffered a catastrophic failure over Denver Saturday. United says it is temporarily removing those aircraft from service.
11:18 a.m. Feb. 21, 2021
'I thought we were done': United flight lands safely after engine blows over Denver suburbA Boeing 777-200, headed from Denver to Honolulu on Saturday with 231 passengers and 10 crew aboard, suffered a catastrophic failure in its right engine and flames erupted under the wing as the plane began to lose altitude.
1:59 p.m. Feb. 16, 2021
Board votes to change Las Vegas airport name to honor Harry ReidThe all-Democratic Clark County Commission approved a measure directing the county’s airport staff to file a change with the Federal Aviation Administration renaming the facility Harry Reid International Airport.
6:05 a.m. Feb. 9, 2021
Federal investigators say helicopter pilot in Kobe Bryant crash became disorientedNTSB says the pilot of the helicopter flew through clouds last year in an apparent violation of federal standards and likely became disoriented, killing everyone aboard.
2:34 p.m. Feb. 2, 2021
Second test flight of SpaceX's Starship ends in another fiery crashSpaceX’s second full test flight of its futuristic, bullet-shaped Starship ended in another fiery crash landing Tuesday.
10:49 a.m. Jan. 27, 2021
Boeing’s 737 Max Can Fly Again in Europe. What It Means for Airbus Stock.
The European Union Aviation Safety Agency grounded the troubled plane in March 2019.
10:32 a.m. Jan. 27, 2021
- By Jack Denton
Boeing 737 Max cleared for takeoff by EU regulators, ending nearly 2 years on the tarmacThe 737 Max will fly again in Europe, after regulators gave Boeing’s bestselling aircraft the all-clear for takeoff following nearly two years on the tarmac.
6:07 a.m. Jan. 27, 2021
Boeing Caps Bad Year With a Record Loss for Final Quarter
The aerospace giant lost more than $15 a share from $15.3 billion in sales, vastly more than Wall Street had expected. Its defense business was a bright spot.
3:12 p.m. Jan. 21, 2021
Buttigieg urges big spending on infrastructure, appears headed for confirmationPresident Joe Biden’s nominee for secretary of transportation, Pete Buttigieg, was headed down a smooth path to quick confirmation, pledging to senators on Thursday to work with them to carry out the administration’s ambitious agenda to rebuild the nation’s infrastructure.
3:23 a.m. Jan. 8, 2021
Barron’s Daily: Tesla’s Elon Musk and How to Become the Richest Person in the World
Trump calls for “seamless transition of power” amid growing calls for his removal, Boeing to pay $2.5 billion to settle U.S. criminal probe of 737 MAX jet, Bitcoin and dollar rise in the wake of D.C. chaos, and other news to start your day.
1:34 p.m. Jan. 7, 2021
Boeing to Pay $2.5 Billion to Settle Criminal Charge Over MAX Jet
The Justice Department alleged that Boeing employees concealed material information from the Federal Aviation Administration as they sought initial certification for the plane.
1:06 p.m. Jan. 7, 2021
- By Claudia Assis
Boeing to pay $2.5 billion to settle U.S. fraud charges over 737 MaxBoeing Co. has agreed to pay more than $2.5 billion in penalties, including compensation to airlines, to resolve conspiracy to defraud charges related to its 737 Max aircraft.
6:32 a.m. Jan. 6, 2021
Authorities probe threat of attack on U.S. CapitolAviation, law-enforcement and national-security officials are investigating an unauthorized message sent on an air-traffic control channel threatening an attack against the U.S. Capitol today, according to people familiar with the matter.
3:00 a.m. Dec. 30, 2020
Barron’s Daily: AstraZeneca’s Covid-19 Vaccine Just Got U.K. Approval. Why the Market Shrugged.
McConnell blocks vote on $2,000 stimulus checks, Times Square’s New Year’s Eve celebration goes mostly virtual, Boeing 737 Max is finally back in the U.S., and other news to start your day.
11:01 a.m. Dec. 29, 2020
Boeing's stock ekes out gain as American flies its first 737 Max route since global grounding in 2019New York–bound flight from Miami carried 87 passengers on the 172-seat plane, and the return flight from LaGuardia Airport to Miami International Airport held 151 passengers.
4:02 a.m. Dec. 29, 2020
Boeing Stock Climbs as 737 MAX Returns to U.S. Service
American Airlines was set to operate the first commercial flight of the plane since it was grounded in March 2019.
2:40 p.m. Dec. 28, 2020
FAA loosens rules on drone flights, in boost for businessesFederal officials say they will allow operators fly small drones over people and at night, potentially giving a boost to commercial use of the machines.
7:31 a.m. Dec. 27, 2020
Motive remains elusive 48-plus hours after downtown Nashville explosionDamage to AT&T building impacts cellphone service and police and hospital communications in several Southern states.
11:30 p.m. Dec. 24, 2020
Boeing Stock Had a Brutal 2020. 2024 Is the Key to the Price.
What might happen next year is anyone’s guess, so analysts are forecasting per-share free cash flow far down the road to get a sense of what the stock is worth now.
10:48 a.m. Dec. 21, 2020
- By Jack Denton
The 737 Max is set to fly in Europe again, as Congress cracks down on Boeing and the FAAThe head of the European Union’s aviation regulator said he was “certain” the troubled plane was safe to fly.
3:07 a.m. Dec. 21, 2020
Barron’s Daily: Stimulus Is on Its Way—and the Stock Market Asks “What Have You Done for Me Lately?”
Lawmakers reach stimulus deal, new Covid-19 strain in the U.K. brings chaos to Europe, Moderna vaccinations begin, and other news to start your day.
2:25 a.m. Dec. 18, 2020
- By Paul Brandus
Fixing America's crumbling infrastructure might bridge the partisan divide this time --- this is what's realistic under Joe Biden Politicians have a history of overpromising and underdelivering on infrastructure.
9:00 a.m. Dec. 14, 2020
- By Claudia Assis
Boeing expands 'Dreamliner' inspection after more defects: WSJ Boeing Co. has expanded inspections of newly built 787 Dreamliners after finding a previously known manufacturing defect in sections of the jet where it hadn't been detected yet, The Wall Street Journal reported, citing industry and government officials. The newly uncovered problem does not cause an imminent safety hazard, but it is likely to increase the Federal Aviation Administration's scrutiny of the jet's production line, the report said, quoting the officials. Other defects have sparked the FAA's review earlier this year. A Boeing spokesman told the newspaper the defects are surface spots on the jet's fuselage isn't as smooth as it should be. Shares of Boeing were recently down 0.1%, underperforming the broad market. So far this year, Boeing stock is down 29%, contrasting with gains around 14% for the S&P 500 index.
12:05 p.m. Dec. 12, 2020
US reaches record daily toll of 3,309 coronavirus deaths The U.S. has reached a record 3,309 daily coronavirus deaths, according to data compiled by Johns Hopkins University.
7:34 a.m. Dec. 10, 2020
- By Jack Denton
New drone technology uses data from mobile networks to chart flight paths. Here are the two companies behind itEricsson and Vodafone said that they have successfully tested technology that uses mobile network data to facilitate flight corridors for drones, opening the door to safe and accurate flights for commercial and emergency purposes.
3:01 a.m. Dec. 4, 2020
Barron’s Daily: Will Earnings Growth Prop Up a Pricey Market?
Support for compromise stimulus grows, Warner Bros. will stream 2021 films on HBO Max, Boeing gets its first big 737 MAX order, and other news to start your day.
7:19 a.m. Dec. 3, 2020
- By Tomi Kilgore
Boeing's stock surge adding more than 110 points to the Dow's priceShares of Boeing Co. shot up 7.8% in midday trading Thursday, putting them on track to close at a 9-month high, after Ireland-based air carrier Ryanair Holdings PLC said it was by 75 planes. The aerospace and defense contractor's stock price gain of $17.38 was adding about 114 points to the Dow Jones Industrial Average's price, while the Dow rose 146 points, or 0.5%. Ryanair's increased orders comes after the F to allow Boeing's 737 MAX jets to fly again, after being grounded for safety reasons since March 2019. Boeing remains focused on safely returning the full 737 fleet to service and on delivering the backlog of airplanes to Ryanair and other customers," said Boeing Chief Executive Dave Calhoun.
1:00 a.m. Dec. 2, 2020
- By Peter Morici
Without any clear mandate, Biden should embrace moderate, practical solutionsThe country is moderate, not split. Voters made clear Biden should be practical and pragmatic
3:30 a.m. Nov. 27, 2020
Tesla Surged 48% This Month, but These S&P 500 Stocks Gained Even More
Energy is the dominant performer in the S&P 500 index in November, as the other large-cap stock index, the Dow Jones Industrial Average, reached above 30,000 for the first time.
4:07 p.m. Nov. 20, 2020
Bitcoin Rushes Toward New Highs, But the Debate Over Viability Continues
The cryptocurrency has been embraced as a hedge against inflation fueled by the Fed. But that narrative is complicated. And skeptics still wonder how widespread acceptance will be.