Bloomberg

U.S. probed FAA's Boeing 737 Max software approval last year: Bloomberg

1 month ago   |   By Reuters

U.S. officials started investigating the Federal Aviation Administration's approval of the Boeing 737 Max software linked to the Lion Air plane crash last year weeks after the accident, Bloomberg reported on Wednesday, citing people familiar with the matter.
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Southwest pilots say extra training required after 737 MAX software update

1 month ago   |   By Reuters

Southwest Airlines Co's pilot union said on Wednesday that extra computer-based training would be required as a result of a planned update to the software on the Boeing Co 737 MAX, and it was seeking additional information for pilots.
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We're about to see just how hard Boeing got hit by the 2 deadly 737 Max...

We're about to see just how hard Boeing got hit by the 2 deadly 737 Max crashes which left its most profitable plane grounded worldwide

REUTERS/Baz Ratner/File Photo Boeing will today release its first earnings since its 737 Max planes were grounded, revealing the financial effects two deadly crashes have had... Read more ...

Ford invests $500 million in Rivian, an electric truck startup in Michigan

Ford invests $500 million in Rivian, an electric truck startup in Michigan

DETROIT - Ford Motor Co., maker of the best-selling F-Series pickup trucks, announced early Wednesday that it's investing $500 million in Rivian, the Michigan-based electric... Read more ...

A bidding war breaks out as Occidental Petroleum makes $38 billion offer for...

A bidding war breaks out as Occidental Petroleum makes $38 billion offer for Anadarko, topping Chevron's

Anadarko Petroleum shares surged 12% on Wednesday after Occidental Petroleum made a bid for the petroleum company. The $38 billion offer tops Chevron's $33 billion bid for... Read more ...

J.P. Morgan predicts the S&P 500 will hit 3,000 in 2019

J.P. Morgan predicts the S&P 500 will hit 3,000 in 2019

From Patti Domm : A global growth recovery, end of trade disputes and another banner year for buybacks should send the S&P 500 to 3,000 this year, according to J.P. Morgan... Read more ...

Snap drops 6% as investors mull sluggish user growth

Snap drops 6% as investors mull sluggish user growth

Snap shares fell 6% Wednesday morning as the rally that developed in the wake of its first-quarter results faded. The company beat on both the top and the bottom lines, but... Read more ...

All Kohl's stores will soon handle Amazon returns

All Kohl's stores will soon handle Amazon returns

This is an excerpt from a story delivered exclusively to Business Insider Intelligence E-Commerce Briefing subscribers. To receive the full story plus other insights each morning, Read more ...

The Latest: Boeing estimates 737 Max costs of $1 billion

The Latest: Boeing estimates 737 Max costs of $1 billion

The Latest on Boeing Co.'s quarterly results. : Read more ...

The best fire starters you can buy

The best fire starters you can buy

Insider Picks writes about products and services to help you navigate when shopping online. Insider Inc. receives a commission from our affiliate partners when you buy through... Read more ...

Boeing CEO vows that the fixed 737 Max will be 'one of the safest airplanes...

Boeing CEO vows that the fixed 737 Max will be 'one of the safest airplanes ever to fly' after the jet suffered two fatal crashes in five months

Boeing CEO Dennis Muilenburg vowed that the 737 Max will be "one of the safest planes to ever fly" once the grounded airliner returns to service. "We're very confident that... Read more ...

Atlanta's 'year of basketball': 2020 Final Four weekend will crown 3...

Atlanta's 'year of basketball': 2020 Final Four weekend will crown 3 champions in 2 days

The shot clock has started for the city of Atlanta's "year of basketball." City of Atlanta and NCAA officials gathered Wednesday to officially start the countdown for the 2020... Read more ...