Boeing

Safety investigators have recently issued urgent recommendations to Boeing Co (NYSE:BA) and the Federal Aviation Administration following the discovery of a potential safety issue with the 737 Max jets. The issue pertains to the pedals used by pilots to steer the aircraft on runways, which can...

Boeing is facing one of the toughest times in its history. Recently, 33,000 union workers left the job after rejecting the company's latest contract offer. The strike has only added to the company’s growing list of problems, such as the 737 Max production issues, financial losses and sinking...

Boeing Co. (NYSE:BA) and the International Association of Machinists and Aerospace Workers (IAM) have successfully negotiated a labor agreement, thereby potentially averting a strike. What Happened: The agreement, announced early Sunday, includes a 25% wage increase over four years, along with...

Elon Musk may soon face a formidable challenger in the space industry. Peter Beck, the CEO of Rocket Lab USA, Inc. (NASDAQ:RKLB), is preparing to launch a new, larger rocket that could rival Musk’s SpaceX and potentially disrupt the billionaire’s space dominance. What Happened: In a...

Two astronauts who have been at the International Space Station since early June will return aboard a SpaceX vehicle rather than the Boeing Company (NYSE:BA) spacecraft that transported them there. NASA Administrator Bill Nelson announced on Saturday that astronauts Barry Wilmore and Sunita...

United Launch Alliance‘s (ULA) owners, Boeing Co. (NYSE:BA) and Lockheed Martin Corp. (NYSE:LMT), are reportedly considering selling the company to Sierra Space for a deal valuing the rocket launch service provider around $2 to $3 billion. What Happened: ULA is a joint venture between Boeing...

SpaceX CEO Elon Musk agreed with X users who alleged that an issue with his company’s launch vehicle would gain more media attention than Boeing Co.’s Starliner crisis has been receiving. What Happened: “True,” Musk wrote on X in response to an X user and Tesla shareholder...

The return of two astronauts aboard Boeing’s (NYSE:BA) Starliner spacecraft remains uncertain 50 days past launch due to ongoing technical issues. What Happened: “We don’t have a major announcement today relative to a return date. We are making great progress but we are just not...

A former Boeing Co (NYSE:BA) inspector said that the company’s workers used parts deemed unsuitable for flying in its 787 Dreamliner assembly lines. This comes amid a series of safety issues that have plagued the company. What Happened: Merle Meyers, a former Boeing quality-control manager...

Boeing Co. has announced the acquisition of Spirit AeroSystems Holdings Inc in a $4.7 billion all-stock deal, in a bid to address the safety and regulatory challenges faced by its supplier. Boeing Co. (NYSE:BA) has announced the acquisition of Spirit AeroSystems Holdings Inc (NYSE:SPR) in a $4.7...

The return of two astronauts aboard Boeing Co.’s (NYSE:BA) Starliner spacecraft has been further delayed, leaving them with a dwindling fuel supply and an uncertain return date. What Happened: NASA astronauts Butch Wilmore and Sunita Williams were launched to the International Space Station,...

Boeing Co (NYSE:BA) has been ridiculed for several operational failures in recent years. Two whistleblowers are now speaking out amid the Virginia-based company’s attempts to save face. Their comments come on the heels of two other Boeing whistleblowers dying within weeks of each other. What...

Airbus SE (OTC:EADSY) is negotiating a significant sale of A330Neo aircraft to China. What Happened: The discussions have gained momentum since President Xi Jinping visited French President Emmanuel Macron last month. According to sources familiar with the matter, Bloomberg reported on Tuesday,...

Major U.S. indices closed lower on Thursday. The Dow Jones Industrial Average fell 1.5% to 39,065.26, while the S&P 500 declined 0.7% to 5,267.84. The Nasdaq also ended the session in the red, dropping nearly 0.4% to 16,736.03. These are the top stocks that gained the attention of retail...

SpaceX CEO Elon Musk on Monday reflected on the delays with Boeing Co‘s (NYSE:BA) Starliner spacecraft, contracted by NASA for transportation to the International Space Station (ISS) alongside SpaceX’s Dragon. What Happened: Musk on Monday pegged the delay in Starliner’s first...