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Former Boeing CEO Describes Updates to Faulty Software

  • Former Boeing CEO Describes Updates to Faulty Software Former Boeing CEO Describes Updates to Faulty Software 1:33
    Former Boeing CEO Identifies the Mistakes Made Former Boeing CEO Identifies the Mistakes Made 1:56
    How Boeing's 737 MAX Troubles Ripple Through the Industry How Boeing's 737 MAX Troubles Ripple Through the Industry 4:36
6:52 a.m. July 8, 2020 - Barrons.com
New Quarantine Rules Land Another Blow to Air Travel The recovery in air travel is hitting a new headwind with domestic quarantine rules being imposed by states and cities, as Covid-19 cases surge in parts of the country.
2:48 p.m. July 2, 2020 - Associated Press
Feds issue coronavirus safety guidelines for airlines, but no actual rules No government requirements for face masks or empty middle seatsFederal officials said Thursday that airlines should consider limiting capacity on planes to promote social distancing, but they are not considering making the airlines do it.
6:57 a.m. July 2, 2020 - Barrons.com
The FAA Is Done Testing Boeing’s 737 MAX. A Video Gives Investors a Look. The Federal Aviation Administration outlined what is left to complete before the planes can fly again in commercial service.
4:04 a.m. July 2, 2020 - Barrons.com
Boeing Played Down Key Change to MAX Jet, Report Says. Why Investors Don’t Care. A Transportation Department report issued Wednesday addresses the company’s actions and regulators’ responses during the certification process for the plane.
8:42 a.m. July 1, 2020 - Barrons.com
Boeing Stock May Finally Be Past the 737 MAX Jet Nightmare With FAA test flights now under way, the 737 MAX’s return to service appears imminent, ending one phase of a monthslong drama for the troubled jet.
7:38 a.m. June 30, 2020 - Barrons.com
Day One of Boeing 737 MAX Test Flights Is In the Books Boeing shares spiked Monday after the FAA began a series of flights that the jet maker hopes will culminate in the recertification of the 737 MAX for commercial airline service.
1:33 p.m. June 29, 2020 - Barrons.com
Boeing 737 MAX Test Flights Are Set to Begin The Federal Aviation Administration test flights are an important step in the recertification of the troubled MAX jet, grounded for more than a year. But the flights are just the first step of the process.
12:38 p.m. June 29, 2020 - Barrons.com
U.S. Stocks Jump Despite Grim Virus Milestones Equities closed higher with Boeing and Apple helping to lift the Dow, and a new housing report signaling a recovery.
4:26 a.m. June 29, 2020 - Barrons.com
The Dow Is Soaring Because Boeing Stock Is Flying Again Coronavirus cases are rising, but Boeing stock is soaring. That’s helped lift the stock market on a quiet Monday morning.
12:40 p.m. June 28, 2020 - By Andy Pasztor
FAA set to begin test flights for Boeing 737 Max as soon as Monday Long-awaited milestone for getting grounded planes back in the airThe airborne checks, slated to be conducted in conjunction with Boeing and scheduled to last three days, mark a long awaited milestone for getting the Max fleet back in the air.
4:00 a.m. June 26, 2020 - Barrons.com
Barron’s Daily: Italy Is Banning Carry-on Bags. What to Know. Senate passes sanctions on China, Texas case surge puts reopening on pause, Fed stress test results are in, and other news to start your day.
6:38 a.m. June 25, 2020 - Barrons.com
The FAA Issues a Fix for Boeing 737 MAX Wiring. Flight-control software called MCAS is the primary MAX issue, but other problems have arisen during the course of the investigations and recertification process.
11:02 a.m. June 19, 2020 - Barrons.com
Congress Seeks To Reform Process For Approving Boeing Jets Congress wants to change how planes, the kind made by Boeing and Airbus, get certified by the Federal Aviation Administration. The law represents some of the fallout out from the 737 MAX saga.
3:50 p.m. June 17, 2020 - Associated Press
Lawmakers accuse FAA of deliberately withholding documents on Boeing 737 Max Republican senator says ‘FAA has deliberately attempted to keep us in the dark’ over jetliner’s approval processSenators of both parties lashed out at the Federal Aviation Administration on Wednesday, accusing it of stonewalling their attempts to understand how the agency approved a Boeing jet that later suffered two deadly crashes and whether it retaliates against whistleblowers in its ranks.
11:18 a.m. June 15, 2020 - By Ciara Linnane
Coronavirus update: U.S. death toll tops 115,000 amid growing worry about uptick in cases in Florida, Texas among others United Airlines expects liquidity of about $17 billion by September, and iRobot reports steep climb in sales of its Roomba vacuumThe U.S. death toll from the coronavirus illness COVID-19 climbed above 115,000 on Monday, and the stock market tanked amid growing concerns about the uptick in cases in several states after their first efforts to reopen after lockdowns.
11:14 a.m. June 11, 2020 - MarketWatch
Boeing supplier Spirit Aero halts 737 Max workBoeing Co. has told its biggest supplier to freeze a recently restarted production of parts for the 737 MAX to prevent creating a glut of new jets for airlines adjusting to the slump in demand amid the coronavirus pandemic.
7:49 a.m. June 11, 2020 - Barrons.com
Boeing Stock Plummets on Bad News About the 737 MAX Jet A key supplier was asked to halt work related to the grounded plane, potentially putting at risk the existing timeline for its reintroduction to service, as well as total deliveries expected in 2020 and 2021.
11:32 a.m. June 10, 2020 - Barrons.com
Boeing 737 MAX FAA Test Flights Could Happen Soon The Boeing 737 MAX recertification flights might happen this month, Bloomberg reported Wednesday.
8:18 a.m. June 5, 2020 - Barrons.com
Boeing Stock Is on a Roll. The MAX Jet Could Still Cause Problems. Boeing stock was up 11% in early trading. The potential return for air travel has trumped continuing concern over the grounded single-aisle jet, for now.
7:58 a.m. May 19, 2020 - By Jaimy Lee
Can hydroxychloroquine prevent a COVID-19 infection? That’s Trump’s hope, it appears — and it is being looked into by researchers A series of medical studies, many of which haven't been peer reviewed, have concluded that hydroxychloroquine isn’t efficacious against COVID-19 infectionsPresident Donald Trump’s unprompted admission that he’s been taking hydroxychloroquine to prevent a COVID-19 infection fits into a broader trend of medical research that aims to understand if the controversial drug can prevent infections with the coronavirus in high-risk frontline workers.
4:45 a.m. May 15, 2020 - Barrons.com
Barron’s Daily: The Worst-Ever Stock Market Game and 5 More Things to Know Fed chair calls for Congress to spend more, New York and New Jersey’s soft reopening, China comes back into focus, and other news to start your day.
5:08 p.m. April 29, 2020 - Associated Press
Harrison Ford piloting plane that wrongly crossed runway as another plane was landing Latest aviation misadventure for 77-year-old actorHarrison Ford was piloting a plane that wrongly crossed a runway where another plane was landing, and federal authorities are investigating, officials and a representative for the actor said Wednesday.
10:36 a.m. April 29, 2020 - By Ciara Linnane
Coronavirus update: U.S. deaths to COVID-19 exceed Vietnam War toll, and Pence slammed for not wearing face mask Boeing and GE earnings fall short of expectations; Gilead reports positive data in early trial of remdesivir as treatmentThe U.S. death toll from the coronavirus that causes COVID-19 has surpassed the number of lives lost in the Vietnam War as more than 1 million Americans are confirmed to have had the deadly illness.
1:00 a.m. April 29, 2020 - Barrons.com
Boeing Earnings Are Tomorrow. No One Knows What to Expect. Everything is on the table for investors and analysts to discuss when Boeing reports first-quarter numbers Wednesday.
9:23 a.m. April 28, 2020 - By Andrew Tangel
Boeing probed for quality-control lapses on 737 Max assembly line Boeing potentially faces far greater legal liability than previously knownBoeing Co. faces criminal and civil scrutiny into years of widespread quality-control lapses on its 737 MAX assembly line, according to people familiar with the details, potentially exposing the plane maker to greater legal liability than previously anticipated by industry and government officials.
11:23 a.m. April 24, 2020 - By Ciara Linnane
Coronavirus update: Maker of Lysol warns against injecting it and Russia sees major spike in virus cases overnight Google is halving its marketing budget and Boeing’s 737 Max fleet is expected to see further delay in resuming flightsThe manufacturer of Lysol and Dettol, health experts, and even the Environmental Protection Agency rushed to warn consumers Friday that President Donald Trump’s suggestion to inject disinfectant or use ultraviolet light to treat COVID-19 could prove lethal.
3:21 a.m. April 24, 2020 - By Ciara Linnane
Boeing 737 Max return expected to be delayed until late summer or early fall: WSJThe coronavirus pandemic is expected to delay the return of Boeing Co.'s 737 Max to the skies until at least late summer or early fall, The company's 737 Max fleet has been grounded since last March following two deadly crashes related to an anti-stall system. The Federal Aviation Administration is not expected to approve the lifting of the grounding until August or later, as officials work from home, putting further pressure on the aerospace company, which is also being hit as airlines around the world stop flying during the pandemic. The FAA has not signed off on details of two outstanding software fixes to flight-control systems because agency experts are still reviewing them, according to one U.S. government official, and the contagion has slowed other parts of the effort, the paper reported. Boeing has asked the U.S. government for bailout funds. Airlines are expected to cancel or defer orders for planes that they may no longer need or be able to afford, said the report. Boeing shares were up 0.8% premarket but have fallen 58% in the year to date, while the Dow Jones Industrial Average , which counts Boeing as a member, has fallen 18% and the S&P 500 [ has fallen 13%.
2:35 a.m. April 24, 2020 - By Jaimy Lee
Hydroxychloroquine sparks renewed controversy but clinical trials are pushing ahead A political tug of war has pitted clinicians and other public health experts concerned about the unproven nature of hydroxychloroquine as a treatment for COVID-19 against President Trump and his supportersA government official’s claim that he was dismissed from his role overseeing the nation’s research into COVID-19 therapies because he refused to more broadly make available hydroxychloroquine highlights the growing tension between the scientific community’s approach to clinical testing and a president in search of a cure.
8:54 a.m. April 23, 2020 - Barrons.com
Netflix and Delta Are the Latest Companies to Sell High-Yield Bonds Borrowers of all types have been able to tap high-yield bond markets this week.
4:22 p.m. April 13, 2020 - Associated Press
$25 billion in airline-industry aid held up as Treasury insists on loans, not cash grants Airline unions urge government to get overdue paychecks to workersThe Treasury Department has missed a deadline to start paying airlines to keep workers employed, and the two sides were still negotiating terms of the federal help Monday.
11:36 a.m. March 26, 2020 - By Rachel Koning Beals
Groups against Trump’s oil boost and hopeful for emissions contingencies consider coronavirus bill a washThe $2 trillion coronavirus relief package passed by the Senate, now awaiting the House vote and President Trump’s signature, produced a mixed result as far as leading environmental advocates are concerned.
6:06 a.m. March 26, 2020 - Barrons.com
What the Rescue Package Means for Boeing The U.S. Senate passed a massive stimulus bill in the early hours Thursday. It includes support for aviation and related industries.
6:03 a.m. March 19, 2020 - Barrons.com
Did President Trump Tank Boeing and GE Stock? Trump may have inadvertently spooked investors and deepened the selloff in Boeing and aerospace supplier shares such as General Electric by suggesting they need help, raising the specter of dilution.
3:10 p.m. March 17, 2020 - Barrons.com
Trump Has Talked About a ‘National Lockdown.’ It Might Be Unconstitutional. There’s lots of talk about a national shutdown, but such a mechanism doesn’t exist. Here’s why, and what could happen instead.
11:33 a.m. March 17, 2020 - By Victor Reklaitis
Here are the industries that could get coronavirus aid from the U.S. government Trump administration aims to help airlines, hotels, restaurants, cruise linesEntire industries are hurting and hoping for help from the U.S. government, as Americans cancel travel plans and avoid stores and restaurants because of the new coronavirus causing the COVID-19 pandemic.
7:53 a.m. March 12, 2020 - Barrons.com
The Dow Is Spiraling Because There’s No Historical Perspective Investors are fearful that the coronavirus will hurt corporate earnings. But the most troubling part is a lack of good historical perspective for all this is going on that they can use to try to forecast what happens next.
3:00 a.m. March 12, 2020 - Barrons.com
Boeing’s 737 MAX Was Grounded 1 Year Ago. Here’s What Has Changed for the Stock. The Boeing 737 MAX was grounded on March 13, 2019, after two deadly crashes within a five-month span. A lot has changed for Boeing stock since then.
11:27 a.m. March 11, 2020 - By Jaimy Lee
Coronavirus update: 124,578 cases, 4,584 deaths; WHO declares pandemic WHO officials said the number of COVID-19 cases outside China has increased tenfold as the number of countries affected has tripledThere are now eight countries that have reported at least 1,000 cases of COVID-19 among their residents, including the U.S., France and Germany.
11:01 a.m. March 11, 2020 - Barrons.com
Boeing Acts to Preserve Cash Coronavirus adds to pressure from delays in getting MAX recertified.
10:19 a.m. March 6, 2020 - By Andy Pasztor
Congressional report shows ‘culture of concealment’ at Boeing Boeing had two fatal crashes of the company’s 737 MAX jetsBoeing Co.’s engineering mistakes and “culture of concealment,” coupled with insufficient federal safety oversight, led to two fatal crashes of the company’s 737 MAX jets, House investigators said in a report released Friday.
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