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Boeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup.In its May earnings release, Archer said it had completed the "phase three" of the Federal Aviation Administration's four-phase certification process for its Midnight air taxi vehicle.
Boeing (BA) has received the US Federal Aviation Administration's clearance for its 737 Max 7, pavin
The Federal Aviation Administration on Monday approved the smallest model of Boeing's Max jetliners for commercial service nearly a decade after the aircraft manufacturer first unveiled the plane. Certification of the Boeing 737 Max 7 represents a milestone in the company's work to overcome years of safety, quality and production challenges. The long-delayed Max 7 is part of Boeing’s 737 family of commercial jets, which is the company's bestseller and has been at the center of its troubles.
Investing.com -- The Federal Aviation Administration on Monday has approved the Boeing 737 MAX-7, issuing an amended type certificate and an updated Production Limitation Record following nearly a decade of technical review and safety assessments, sending shares of Boeing sharply up more than 5% in afternoon hours of trading.
Interest rates have not moved since December's quarter-point cut to a range of +3.50-3.75%.
Stock Market Today: The Dow Jones index rose, but tech futures dropped as chip stocks Micron and Sandisk dived. Coca-Cola jumped on earnings.
According to a report, seats on some of the aircraft maker’s models weren’t correctly installed in their seat tracks, the Federal Aviation Administration said.
Retail sentiment remains ‘bearish’ on SPY and deteriorated to ‘extremely bearish’ on QQQ, amid growing anxiety around technology stocks.
Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.
Wall Street is heading for a pivotal week as Big Tech earnings, the Federal Reserve's rate decision and key inflation data test a market hovering near record highs. The busiest stretch begins on Wednesday, when Microsoft and Meta Platforms report earnings before the focus quickly shifts to...
This is a huge earnings week, with nearly a third of S&P 500 companies reporting. The Fed is expected to hold rates steady after its confab ends Wednesday, and we’ll see key inflation data on Thursday.
The European stock markets closed higher in Wednesday trading as strong earnings reports outweighed
Investing.com -- Boeing has requested the U.S. government to push the European Union for details about a €3 billion ($3.43 billion) loan package to Airbus, according to a Reuters report Tuesday. The move brings back potential trade tensions after the two sides extended a tariff truce over jet subsidies.
Trump threatens 50% tariffs on Canada, Paramount's Warner Bros deal hits pause, and more news to start your day.
July 20 (Reuters) - A federal appeals court on Monday decertified a shareholder class action accusing Boeing of prioritizing profit over safety and overstating its commitment to safe aircraft, prior
Boeing (NYSE:BA) could soon receive Federal Aviation Administration approval for its 737 MAX 7 and 737 MAX 10 aircraft, with a senior FAA official indicating certification of both variants is approaching following an extensive regulatory review. Speaking to Reuters at the Farnborough International Airshow, Deputy FAA Administrator Chris Rocheleau said certification of the 737 MAX 7 is “literally around the corner,” with approval for the larger MAX 10 expected shortly afterward.
Boeing shares edged higher after the plane maker won back the authority to perform final safety sign-offs on its newly produced 737 MAX and 787 Dreamliner jets. Starting next week, Boeing employees, working on behalf of the Federal Aviation Administration, can issue airworthiness certificates, which airlines need before using the aircraft to fly passengers. Boeing had lost the privilege after a series of safety and quality problems.
By David Shepardson WASHINGTON, July 17 (Reuters) - The Federal Aviation Administration told Congress on Friday it will allow Boeing to issue airworthiness certificates for all 737 MAX and 787
Pre-Market Stock Futures: Futures are trading higher after a nice bounce-back day for Wall Street, as a tepid June consumer price index report, combined with the President dropping the big Strait of Hormuz tolls, brought buyers back to the table. When the final bell rang, all of the major indices finished the day higher. The ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS
The MAX 7 is expected to receive Federal Aviation Administration approval later this month, The Wall Street Journal reported, citing people familiar with the matter.
Federal regulators are expected to certify Boeing’s second-to-last version of its 737 later this month, marking a significant—albeit belated—milestone for the plane maker.
Stock Market Today: The Dow Jones index dropped Wednesday after Trump declared the ceasefire is "over." Micron and Sandisk dived.
After grounding its entire MD-11 fleet in November, the carrier began reintroducing the aircraft in May, CEO Raj Subramaniam said.
EU member states have agreed to continue holding off retaliatory tariffs against the US related to t
FedEx is slowly redeploying its fleet of MD-11 aircraft that were grounded for seven months following the fiery crash of a UPS freighter, but has also decided to retire 10 aging aircraft. The post More FedEx MD-11 cargo jets return to service, others are retired appeared first on FreightWaves.
By Philip Blenkinsop BRUSSELS, June 11 (Reuters) - The United States and the European Union have yet to decide whether to continue suspending or to reimpose tariffs on $11.5 billion of goods in a
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