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US stocks edged higher on Wednesday, fueled by upbeat news from Pfizer and Boeing.
The Dow Jones industrial average was up 139 points, or 0.5 percent, and was on its way to erase its Tuesday dip. The
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The Federal Aviation Administration on Wednesday cleared the way for the Boeing 737 MAX to take to the skies again — 20 months after the troubled jet was grounded in the wake of two crashes that
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Boeing’s troubled 737 MAX is expected to take flight again next week — but in an apparent rebranding move, some airlines are already trying to hide the name.
The jetmaker first slapped the
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Boeing’s stock price soared Tuesday as the nation’s top aviation regulator indicated the company’s troubled 737 MAX plane could soon return to the skies.
Shares in the Chicago-based
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American Airlines plans to return its Boeing 737 MAX aircraft to service for commercial flights by the end of the year if the Federal Aviation Administration (FAA) in the United States grants the aircraft a new permit to fly, she announced on Sunday.
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House Democrats released a report Wednesday detailing how design and regulatory failures by Boeing and the Federal Aviation Administration led to two fatal crashes of 737 MAX planes. The 238-page investigative report from staff for Democrats on the House Transportation Committee, the result of an 18-month investigation, called the deaths of 346 people in the two MAX crashes “preventable.” …
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Boeing has found manufacturing defects on some of its 787 long-range airliners in areas where parts of the fuselage are joined together, the latest setback for the aircraft maker whose 737 Max is still grounded after two deadly crashes. The company said Friday that eight planes must be inspected and repaired before they are allowed …
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Boeing is seeking to increase black US employees throughout the company by 20 percent and mandate benchmarks for hiring people of color, Chief Executive Dave Calhoun told employees in a memo on Friday reviewed by Reuters. US corporations have become more responsive to complaints related to racial equality following a summer of sweeping anti-racism protests …
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The Federal Aviation Administration said Monday it is proposing requiring four key Boeing 737 MAX design changes to address safety issues seen in two crashes that killed 346 people and led to the plane’s grounding in March 2019. The agency is issuing a proposed airworthiness directive to require updated flight control software, revised display-processing software …
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The coronavirus crisis has forced British Airways’ jumbo jets into early retirement. The airline is grounding its fleet of Boeing 747s four years ahead of schedule because the pandemic has depressed demand for air travel. “It is sadly another difficult but necessary step as we prepare for a very different future,” British Airways Chairman and …