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As if Boeing needed any more bad news, a scathing report from Wall Street on Tuesday cast doubt on Boeing’s ability to pass a new federal safety audit, sending its stock sinking sharply. Later ...
James Robart, a federal judge, just threw out a $72 million verdict against Boeing. He disclosed trades of up to $15,000 in Boeing stock in his wife's IRA last year, while the case was ongoing.
A 50-day work stoppage would cost Boeing $5.5 billion, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the dispute. So far, the strike has lasted 41 days.
Boeing reported a massive third-quarter loss of more than $6 billion, as the airplane manufacturer was dragged down by a strike and billions in charges tied to its commercial aircraft and defense ...
Boeing’s legal problems are mounting.They are starting to become a problem for the rest of the airline industry too. Alaska Airlines said Tuesday its 2024 capacity estimates are "in flux" due to ...
In 2021, Boeing’s board famously paid a hefty $246 million fine to settle a shareholder lawsuit that accused it of failing in its fiduciary duty to monitor safety, and initially lying about its ...
Kelly Ortberg came out of retirement to right the ship, but Boeing’s new CEO first needs to put out a massive fire.As more than 33,000 factory workers go on a strike that analysts say could cost ...
As Boeing’s latest 10-K revealed, a three-year-old deal with the DOJ left the company vulnerable to a new crackdown if it appeared to cross any more lines.
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