BEIJING (AP) — China is stepping up pressure on Boeing Co. as its airlines demand compensation for the grounding of 737 Max jetliners after fatal crashes in Ethiopia and Indonesia.
A new lawsuit says Boeing's design of the 737 Max was faulty and the company was able to rush the plane into production because it faced little oversight from regulators.
WASHINGTON (AP) — The Latest on investigation into safety review of the troubled Boeing 737 Max (all times local):
The acting head of the Federal Aviation Administration said...
Stephen Dickson flew military jets then went on to pilot five different jetliners during a 27-year career at Delta Air Lines that was capped by running the company's daily operations.
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday:
Anadarko Petroleum Corp., up $2.77 to $75.49
Occidental revised its bid for the oil company by raising its...
DALLAS (AP) — American Airlines expects to take a $1 billion hit from two things it didn't expect when 2019 started: That its newest Boeing jet would be grounded for months after two deadly...
WASHINGTON (AP) — The Pentagon's watchdog agency on Thursday cleared Acting Defense Secretary Patrick Shanahan of wrongdoing in connection with allegations that he had used his official position...
The Latest: Boeing estimates 737 Max costs of $1 billion
The Latest on Boeing Co.'s quarterly results. (all times local):
Correction: Oklahoma-Boeing story
OKLAHOMA CITY (AP) — In a story April 16 about Boeing Co. winning a contract to service bombers at Tinker Air Force Base in Oklahoma City, The Associated Press reported erroneously that the B-21...
SEATTLE (AP) — A Washington state man has been sentenced to 10 years in prison for crashing his car into a Boeing Company plant gate and critically injuring a security guard.
Reports: Chinese carrier asking Boeing for compensation
BEIJING (AP) — One of China's three major state-owned airlines has joined carriers that are asking Boeing Co. for compensation after suspending use of its 737 Max jetliner following two fatal...
DALLAS (AP) — Boeing failed to win any orders for its 737 Max airliner in March as scrutiny of the plane increased following a second deadly crash in less than five months.
Boeing, American Airlines stumble while Cerner jump
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday:
Boeing Co., down $5.48 to $369.04
The plane maker's deliveries tumbled in the first quarter after two...
Trump says he’ll put tariffs on $11B in EU goods
WASHINGTON (AP) — President Donald Trump said Tuesday he'll put tariffs on $11 billion worth European Union cheese, wine and other goods to retaliate for what Washington says are improper...
JAKARTA, Indonesia (AP) — More families of victims of the Lion Air crash in Indonesia are suing Boeing Co. after its chief executive apologized and said a software update for the MAX 8 jet would...
Key senator urges White House to fill top Pentagon post
WASHINGTON (AP) — The Trump administration is coming under increasing pressure to nominate someone to lead the Pentagon, nearly three months after President Donald Trump's first secretary of...
Ethiopian Airlines says pilots got appropriate training
ADDIS ABABA, Ethiopia (AP) — Ethiopian Airlines' CEO says the pilots who flew the plane that crashed on March 10 had trained on "all appropriate simulators," rejecting reports that they had not...
- The Herald-DispatchProbe clears acting defense head of biasApril 26, 2019
- The Detroit NewsWells Fargo: Boeing woes to dent US GDP in 2QApril 16, 2019
- The Detroit NewsMalaysian plans for car of the future are flying highMarch 3, 2019
- Sioux City JournalBoeing CEO jets home to christen Sioux County Regional AirportNovember 15, 2018
Pentagon to probe if Shanahan used office to help Boeing
WASHINGTON (AP) — The Pentagon's inspector general has formally opened an investigation into a watchdog group's allegations that acting Defense Secretary Patrick Shanahan has used his office to...
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday:
Boeing Co., up $5.69 to $378.99
The airplane maker will install a software upgrade to its now grounded 737...
For more than six decades, the Federal Aviation Administration has relied on employees of airplane manufacturers to do government-required safety inspections as planes are being designed or...
Boeing continues work on 737 Max after grounding
Oman, UAE grounds Boeing 737 MAXs after Ethiopia crash
DUBAI, United Arab Emirates (AP) — Oman and the United Arab Emirates barred flights by Boeing 737 MAX aircraft on Tuesday following the crash of an Ethiopian Airlines jetliner, closing down two...
Global stocks dip, pound drops ahead of Brexit vote
BEIJING (AP) — Global stocks turned lower Tuesday and the British pound dropped as expectations grew that British lawmakers would reject a plan to leave the European Union.
Boeing and Care.com stumble while Nvidia and Apple jump
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday:
Boeing Co., down $22.53 to $400.01
The airplane maker's 737 Max 8 model was involved in a crash that killed...
Nikki Haley nominated for board seat at Boeing
CHICAGO (AP) — Nikki Haley, the former U.S. ambassador to the United Nations, has been nominated for a seat on the board of directors at Boeing Co.
Embraer shareholders approve jet joint venture with Boeing
CHICAGO (AP) — Shareholders of Brazilian aircraft maker Embraer have overwhelmingly approved spinning off the company's commercial-airplane unit into a joint venture dominated by Boeing...
- Business WireKahn Swick & Foti, LLC Files a Securities Class Action with an Extended Class Period against The Boeing Company -- (NYSE: BA)May 29, 2019
- Business WireBOEING DEADLINE: Hagens Berman Reminds Boeing (BA) Investors of June 10th Lead Plaintiff Deadline in Class Action Filed by FirmMay 29, 2019
- Globe NewswireKessler Topaz Meltzer & Check, LLP Reminds The Boeing Company Investors of Important Deadline in Securities Fraud Class Action LawsuitMay 28, 2019
- Globe NewswireSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Boeing Company – BAMay 25, 2019
- Business WireBA UPDATE: Hagens Berman Notifies Boeing (BA) Investors of Reported SEC Investigation and June 10, 2019 Lead Plaintiff DeadlineMay 25, 2019
Companies hope vests will ease burden for assembly workers
FLAT ROCK, Mich. (AP) — Ford Motor Co. and other manufacturers want to help their workers take a load off. Or at least make it easier to lift a load up.
Ford is among several companies providing wearable technology to elevate and support their workers' arms.
Nicholas Gotts wears an EksoVest during his shifts building Mustangs at the Flat Rock Assembly Plant in suburban Detroit. He says the exoskeleton makes his job "a whole lot easier and a lot less strenuous."
Boeing, Apple gain ground; AT&T slides
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
Apple Inc., up $10.57 to $165.25
The technology giant managed to meet Wall Street's diminished fourth-quarter expectations, despite a slump in iPhone sales.
The Boeing Co., up $22.82 to $387.72
The airplane maker and military contractor reported a boost in plane deliveries and contracts that helped push its revenue and profit higher.
As demand soars, Boeing contemplates new plane
DALLAS (AP) — Boeing, flying high on strong demand for airliners and military planes, faces a difficult decision over whether to develop a new plane to fill in a gap in its lineup.
Boeing CEO Dennis Muilenburg says the plane could replace less fuel-efficient bigger planes and let airlines launch new midrange routes. It would be bigger than Boeing's workhorse 737 but smaller than the 787, the company's newest airliner, which first landed in airline fleets in 2011.
Cargo plane crash in Iran kills 15, leaves 1 survivor
TEHRAN, Iran (AP) — A decades-old Iranian Boeing 707 military cargo plane reportedly carrying meat from Kyrgyzstan crashed on Monday while trying to land west of Iran's capital, killing 15 people on board and leaving a sole survivor, authorities said.
The crash of the jetliner marked just the latest aviation disaster for Iran, which hoped to replace its aging fleet under terms of the 2015 nuclear deal with world powers.
Boeing, JPMorgan rise while Apache falls
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:
Macy's Inc., down 9 cents to $30.04.
The department store chain fell after consumer sentiment data showed Americans were feeling less confident about spending than previously expected.
Apache Corp., down 30 cents to $26.74
The oil drilling and exploration company fell along with U.S. crude oil prices.
Mattis’ permanent replacement likely to face close scrutiny
WASHINGTON (AP) — The departure of Defense Secretary Jim Mattis in a week will thrust President Donald Trump's largely unknown choice for acting Pentagon chief into the military hot seat and shift attention to the search for a permanent replacement who will probably face sharp Capitol Hill questioning about the administration's murky foreign policy.
Machinists say Boeing fired workers over union membership
COLUMBIA, S.C. (AP) — Some vocal members of the country's largest aerospace union were fired from a Boeing plant in South Carolina, a move the union says it sees as retaliation for its having made inroads in the state after several organization attempts.
Boeing and Sprint climb; Hess and Rent-A-Center skid
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:
Boeing Co., up $11.93 to $328.06
The aerospace company raised its dividend and said it will buy back $20 billion in stock.
Darden Restaurants Inc., up $4.96 to $103.85
The parent company of Olive Garden raised its annual profit and sales forecasts.
Hess Corp., down $2.45 to $47.31
Energy company stocks fell as oil prices continued to drop.
Boeing delays call to discuss issues with its newest plane
Boeing Co. scrapped a conference call that it scheduled for Tuesday with airlines to discuss issues swirling around its newest plane, which has come under close scrutiny after a deadly crash in Indonesia.
The company didn't immediately give an explanation for canceling the call but later said it would instead hold a series of regional calls with airlines to allow more time for questions.
Boeing 3Q profit rises 31 percent, tops expectations
DALLAS (AP) — Boeing's third-quarter profit soared 31 percent to $2.36 billion as airlines continued placing orders for new planes to meet growing demand for travel.
The results beat expectations, and Boeing Co. raised its forecast for full-year earnings per share.
Boeing says passenger traffic climbed 6.8 percent in the first eight months of this year as a growing global middle class opens up to travel.
Senate Democrats want Boeing to negotiate with union in SC
COLUMBIA, S.C. (AP) — Nearly two dozen Democratic U.S. senators are calling on Boeing Co. to negotiate with a union now representing some employees at a South Carolina plant.
Aerospace giant plans new digs in Boston area
CAMBRIDGE, Mass. (AP) — An aerospace manufacturing giant has decided to expand its presence in Massachusetts.
Boeing Co. has agreed to lease about 100,000-square-feet in a planned Cambridge office building.
MANASSAS, Va. (AP) — A Boeing Co. subsidiary specializing in unmanned aircraft is expanding its headquarters in northern Virginia and creating 135 new jobs.
The new jobs will pay an average annual salary exceeding $100,000.
Virginia Gov. Ralph Northam announced Thursday the plans by Aurora Flight Sciences, to invest $13.75 million to expands its headquarters, which are adjacent to the Manassas Regional Airport. About 450 workers are currently employed there.
Boeing 2Q profit and revenue top estimates
The strong air-travel business continues to give a lift to Boeing, which reported Wednesday that second-quarter profit rose 26 percent to $2.2 billion.
Boeing Co. raised its forecast for full-year revenue but the aircraft maker left its profit outlook unchanged, reflecting continuing hitches in its program to build a new refueling tanker for the U.S. Air Force.
GM and Boeing skid while HCA and iRobot rally
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:
General Motors Co., down $1.83 to $37.65
The automaker cut its profit forecast because tariffs have raised the price of aluminum and steel and the dollar has strengthened.
Fiat Chrysler Automobiles NV, down $2.28 to $17
The car company cut its profit forecast because of difficulties in China and growing competition, and ex-CEO Sergio Marchionne died.
CHARLESTON, S.C. (AP) — South Carolina's governor is being joined by governors in Maine, Tennessee and Mississippi in asking federal officials to overturn a union vote at a Boeing plant.
Flight-line employees at Boeing Co.'s North Charleston plant decided in May to join the International Association of Machinists.
But Boeing is asking the National Labor Relations Board to toss out that vote because flight-line workers aren't a distinct group from the rest of the plant.
WASHINGTON (AP) — President Donald Trump says Air Force One is getting a patriotic makeover.
Trump says the familiar baby blue color on the presidential aircraft will give way to a red, white and blue color scheme. Updated models could be in service before the end of a potential Trump second term.
"Air Force One is going to be incredible," Trump told CBS News. "It's going to be top of the line, the top in the world, and it's going to be red, white and blue, which I think is appropriate."
Boeing awards $125K grant to boost Wichita training
WICHITA, Kan. (AP) — Wichita manufacturing workers will receive more training through a $125,000 grant awarded by aircraft supplier Boeing Co.
Boeing and Embraer attempt a joint venture
Boeing and Brazilian jet maker Embraer have agreed to form a joint venture that would push the U.S. aerospace giant into the market for smaller passenger planes.
The new company is being valued at $4.75 billion. Boeing Co. said Thursday that it will own 80 percent while Embraer SA takes the remaining 20 percent.
The venture will be controlled by Boeing — managers in Brazil will report to Boeing CEO Dennis Muilenburg.
KU aviation team moves forward in Boeing competition
LAWRENCE, Kan. (AP) — By the end of the year, a team of students from the University of Kansas hope to have a small working model of a personal helicopter-like aircraft.
NORTH CHARLESTON, S.C. (AP) — Flight-line employees at Boeing Co.'s South Carolina plant have voted to unionize in a rare victory for organized labor in the South.
News outlets report 104 of the 169 workers who cast ballots Thursday voted to have the International Association of Machinists represent them in collective bargaining. The same union failed to attract enough support to represent all of the plant's hourly workers last year.
WASHINGTON (AP) — The U.S. withdrawal from the Iran nuclear deal means Boeing's licenses to sell billions of dollars in commercial jetliners to Iran will be revoked, Treasury Secretary Steven Mnuchin said Tuesday.
Mnuchin said that the existing licenses held by Chicago-based Boeing Co. and its European competitor, Airbus Group, would be invalidated by President Donald Trump's decision.
"The existing licenses will be revoked," Mnuchin told reporters.