Business

Boeing CEO Dennis Muilenburg was grilled over his salary on Wednesday, the second day of congressional hearings after two fatal crashes involving 737 Max jets. Rep. Steve Cohen, D-Tenn., questioned in a heated exchange whether Muilenburg was taking responsibility for the fallout from the crashes, which killed 346 people in total. Cohen asked if anyone
0 Comments
14 May 2019, Berlin: At Volkswagen’s Annual General Meeting, a VW employee is plugging a charging cable into a VW Passat with plug-in hybrid technology. Michael Kappeler | picture alliance | Getty Images Volkswagen Group reported stronger-than-anticipated third-quarter earnings on Wednesday, but lowered its outlook for 2019 vehicle deliveries citing a “challenging market environment.” The
0 Comments
CNBC’s Jim Cramer flags that there is a “rude awakening” from Uber and other looming stock lockup expirations coming to Wall Street. The “Mad Money” host sounds the alarm that Wall Street should prevent Chinese companies from going public in U.S. markets. Later in the show he urges viewers to take advantage of Twitter’s pullback
0 Comments
[embedded content] CEO Dennis Muilenburg is testifying before a Senate panel on Tuesday, his first appearance before Congress since the crashes of two 737 Max planes over the last year. Lawmakers are planning to ask Muilenburg about how the planes were designed, certified by regulators and marketed to airlines around the world as a fuel-efficient addition
0 Comments
CNBC’s Jim Cramer attributes the market’s rise to record levels to both consumer and business demand. The “Mad Money” host breaks down how performances in luxury brands reflect consumer strength. Later in the show Cramer lays out what the $10 billion defense contract awarded to Microsoft means for the computer maker’s cloud services. Demand is
0 Comments
Dennis Muilenburg, chief executive officer of the Boeing Co., gestures during the U.S. Chamber of Commerce Aviation Summit in Washington, D.C., on Thursday, March 7, 2019. Anna Moneymaker | Bloomberg | Getty Images Boeing‘s CEO Dennis Muilenburg is facing two congressional hearings this week to answer questions about the design, certification and marketing of its
0 Comments
Virgin Galactic spacecraft Unity fires its engine and heads to space with its first test passenger on board in February 2019. Virgin Galactic | gif by @thesheetztweetz Private space tourism is about to go public. Shareholders approved Virgin Galactic’s merger with one of Chamath Palihapitiya’s ventures on Wednesday, according to Securities and Exchange Commission filings,
0 Comments