Author: David Shepardson
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Boeing to hire 10,000 workers in 2023 as it ramps up production
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) – Boeing expects to hire 10,000 workers in 2023 as it recovers from the pandemic and increases jetliner production, but will trim some support jobs, the U.S. planemaker said Friday. The Arlington, Virginia-based company boosted overall employment by about 14,000 workers in 2022 to 156,000 as of…
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Boeing pleads not guilty to fraud charge in 737 MAX arraignment
By Sheila Dang and David Shepardson FORT WORTH, Texas/WASHINGTON (Reuters) – Boeing Co pleaded not guilty on Thursday to a 737 MAX fraud conspiracy charge felony charge after families objected to a 2021 Justice Department agreement to resolve the investigation into the plane’s flawed design. Boeing’s chief safety officer, Mike Delaney, entered the not-guilty plea…
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Boeing reports loss, but first positive free cash flow since 2018
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) -Boeing Co losses widened for 2022 on weakness in its defense unit as it warned of further supply chain issues, but the U.S. planemaker reported its first yearly positive cash flow since 2018. The U.S. planemaker missed Wall Street expectations on revenue and earnings per share in…
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U.S. sues Google on digital ad business dominance, joined by eight states
By Diane Bartz and David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department filed a lawsuit against Alphabet’s Google on Tuesday over allegations that the company abused its dominance of the digital advertising business, according to a court document. “Google has used anticompetitive, exclusionary, and unlawful means to eliminate or severely diminish any threat to…
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White House, Secret Service say no visitor logs for Biden’s Delaware home
WASHINGTON (Reuters) – No visitor logs exist for President Joe Biden’s home in Wilmington, Del., where classified documents from his vice presidential days were found, as it is a private residence, the White House Counsel and Secret Service said Monday. “Like every President across decades of modern history, his personal residence is personal,” the White…
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Boeing airplane deliveries, orders jump in 2022
By David Shepardson WASHINGTON (Reuters) – Boeing Co delivered 480 airplanes and won 774 net new orders after allowing for cancellations in 2022 in the wake of a strong December performance, the U.S. planemaker said Tuesday. Last month, Boeing delivered 69 airplanes, including 53 737 MAX planes and 15 widebody airplanes and booked 203 new…
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U.S. FAA proposes requiring 5G safeguards on planes by early 2024
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) said Monday it is proposing a requirement that passenger and cargo aircraft in the United States have 5G C-Band-tolerant radio altimeters or install approved filters by early 2024. Concerns that 5G service could interfere with airplane altimeters, which give data on a plane’s height…
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Peloton to pay $19 million fine over treadmill hazard -U.S. regulators
By David Shepardson and Susan Heavey WASHINGTON (Reuters) – Peloton Interactive Inc has agreed to pay a $19 million fine for failing to promptly report a defect with its Tread+ treadmill that could cause serious injury, U.S. regulators said on Thursday. The Consumer Product Safety Commission (CPSC), in a statement, said the civil penalty would…
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Biden to promote infrastructure bill in Kentucky visit
WASHINGTON • Democratic U.S. President Joe Biden will join Republican Senate Minority Leader Mitch McConnell in a Wednesday event in Kentucky aimed at highlighting the effects of the $1 trillion 2021 infrastructure bill, a White House official said Sunday. The pair, along with Republican Ohio Gov. Mike DeWine and Democratic Kentucky Gov. Andy Beshear, are…
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Boeing resumes 777X flight testing after recent engine issue
By David Shepardson WASHINGTON (Reuters) -Boeing Co said on Thursday it had resumed flight testing of its 777X jets after an inspection in October found an engine issue. GE said last month it was reviewing a technical issue that occurred during GE9X post-certification engineering testing of the plane, and had decided with Boeing to remove…