BA Aug 2024 195.000 call
- Reuters
Departing Boeing CEO's board status faces Friday vote by shareholders
Former Qualcomm chief Steve Mollenkopf will make his first public appearance as chairman at the virtual gathering. Boeing is dealing with a sprawling crisis that includes multiple investigations, possible prosecution for past actions and slumping production of its strongest-selling jet. Mollenkopf is leading the search to replace Calhoun, who said he would retire by year-end as part of a management shakeup following a January mid-air blowout on a new 737 MAX 9.
- Barrons.com
Boeing and Airbus Problems Persist. Why That Makes These 2 Stocks a Buy.
The two companies dominate aircraft manufacturing and their recent production issues provide opportunities for others. Here are two stocks in the sector that can gain.
- Reuters
Union offering Boeing representatives training on U.S. whistleblower laws
The Society of Professional Engineering Employees in Aerospace (SPEEA) will hold sessions on Friday for shop stewards at Boeing and supplier Spirit AeroSystems after receiving queries from members on how to become whistleblowers, a union director told Reuters. Testimony at a U.S. Senate Permanent Subcommittee on Investigations in April raised questions over Boeing's treatment of whistleblowers. A Boeing engineer said at the hearing he was told to "shut up" and removed from a plane program when he flagged safety concerns.
