Editor’s note: This story has been corrected to reflect that Boeing reports earnings premarket Wednesday. As the market awaits Boeing Co's (NYSE:BA) earnings call this week, investors are wondering whether the company's results will be strong enough to counter recent scandals hunting the company's public image. The aircraft manufacturer will release its results premarket Wednesday. Boeing is facing major criticism over safety concerns that sprouted several federal investigations and are eroding
Boeing said today that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers.
Staff at Rebel Sport and Supercheap Auto owner Super Retail Group intend to sue the company over an alleged secret affair between its CEO and former head of HR. Two current employees, represented by Harmers Workplace Lawyers, are expected to allege chief executive Anthony Heraghty had an undisclosed relationship with the company’s former chief human […]
Olusegun Alebiosu has been appointed as the Acting Managing Director/Chief Executive Officer of First Bank of Nigeria Limited (FirstBank Group), effective April 2024.
Iveco Group Chief Executive Gerrit Marx is leaving the Italian bus and truck maker to take the position of CEO of farm and construction machinery group CNH Industrial from July 1, the companies said on Sunday. Marx will replace Scott Wine who is leaving to pursue other interests, according to the company. Olof Persson will succeed Marx as Iveco chief, the company said. Iveco said last month it plans to focus on new and deeper partnerships for future growth, unveiling a five-year business plan...
United Airlines was pushed into the red by Boeing and its ongoing quality issues, the airline said Tuesday. The company took a $200 million hit in the first quarter after the Boeing 737 Max 9 was grounded following the door plug incident aboard an Alaska Airlines flight. United did not say whether or not it expects to be reimbursed by Boeing for the cost of the grounding of its 737 Max 9s for three weeks following the January 5 incident. But it did say that it would have been profitable without...
Tesla's Cybertruck recall put EV recalls back in the spotlight. Here's how to know whether such recalls are critical or just inconvenient.
Boeing’s production problems have taken a toll on airline earnings and some are luckier than others.
Cops reportedly sweeping wooded area in Manorville, New York. Suspect Rex Heuermann denies murder of 'Gilgo Four'. Victims found buried on stretch of Long Island beach more than 10 years ago
The Supervisory Board at Ajax has voted to keep Alex Kroes on as an executive, but only after he stepped down as their chief executive officer and executive board chair, the Amsterdam football club announced on Thursday. Kroes was suspended by the club after it emerged that he bought more than 17,000 publicly-traded shares in Ajax, a listed company, roughly one week before his appointment as CEO was made public.
Mandiant CEO outlines his view of the role of AI in security.
The latest Chief Detective 1958 trailer is over 3 minutes in length, and gives us a cool look at how crazy, wild and fun the upcoming K-drama will be. It premieres this week too!