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Search resuls for: "Sharon Terlep"


25 mentions found


☆ ‘This Has Been Going on for Years.’ Inside Boeing’s Manufacturing Mess.
  + stars: | 2024-01-13 | by ( Sharon Terlep | Andrew Tangel | ) www.wsj.com   time to read: 1 min
Long before the harrowing Alaska Airlines blowout on Jan. 5, there were concerns within Boeing about the way the aerospace giant was building its planes. Boeing, like so many other American manufacturers, was outsourcing more and more of the components that went into its complex machines. A Boeing aerospace engineer presented a controversial white paper in 2001 at an internal technical symposium. The engineer, John Hart-Smith, warned colleagues of the risks of the subcontracting strategy, especially if Boeing outsourced too much work and didn’t provide sufficient on-site quality and technical support to its suppliers.
Persons: Long, John Hart, Smith Organizations: Alaska Airlines, Boeing
☆ FAA Clears Boeing 737 Max 10 Jet for Test Flights
  + stars: | 2023-11-22 | by ( Sharon Terlep | ) www.wsj.com   time to read: 1 min
A Boeing 737-10 aircraft flying during the 54th International Paris Air Show near Paris, France, last June. Photo: Gao Jing/Zuma PressU.S. air-safety regulators cleared Boeing to begin key flight tests on its 737 MAX 10 jet, a milestone toward preparing the plane for commercial service. The airborne checks are a preliminary validation for Boeing by the Federal Aviation Administration and put the company on track for its first deliveries next year.
Persons: Gao Jing Organizations: Boeing, International Paris Air, Zuma Press U.S, Federal Aviation Administration Locations: Paris, France
☆ He Left Boeing. Now He’s the Jet Maker’s Most Important Person.
  + stars: | 2023-11-01 | by ( Sharon Terlep | Andrew Tangel | ) www.wsj.com   time to read: 1 min
Pat Shanahan says the time he spent working with Spirit AeroSystems as a Boeing executive positioned him to make needed changes. Photo: Manuel Balce Ceneta/Associated PressBoeing has tried for years to turn itself around. Its new best hope is a former executive who had a front-row seat to the jet manufacturer’s struggles. Pat Shanahan , a 30-year Boeing veteran and engineer by training, has taken over as interim chief executive officer of one of Boeing’s biggest and most problematic suppliers.
Persons: Pat Shanahan, AeroSystems, Manuel Balce Ceneta Organizations: Boeing, Associated Press Boeing
☆ Sharon Terlep — Reporter at The Wall Street Journal
  + stars: | 2023-10-25 | by ( Sharon Terlep | ) www.wsj.com   time to read: 1 min
Sharon TerlepSharon Terlep is a reporter covering the global aerospace industry and industrial manufacturers including Boeing and GE in The Wall Street Journal’s corporate bureau in New York. Sharon joined the Journal in 2008 in Detroit, where she covered the bankruptcy and restructuring of General Motors. In New York, she has covered consumer products giants such as P&G and retail pharmacy industries. Before that she covered deals on Wall Street and did sports investigations for the Journal. She started her career at the Lansing State Journal in Michigan and also worked at the Detroit News.
Persons: Sharon Terlep Sharon Terlep, Sharon Organizations: Boeing, GE, General Motors, Lansing State Journal, Detroit News Locations: New York, Detroit, Michigan
☆ Boeing Cuts 737 Delivery Goal for Year
  + stars: | 2023-10-25 | by ( Sharon Terlep | ) www.wsj.com   time to read: 1 min
Boeing employees assemble 787s inside the main assembly building on the campus in North Charleston, S.C. Photo: POOL/REUTERSBoeing booked a third-quarter loss and lowered delivery goals this year for its 737 MAX jet, which accounts for the bulk of the plane maker’s output. Boeing lost $1.64 billion in the quarter ended Sept. 30, more than analysts expected, and it reported negative cash flow from its operations. But the company met expectations for sales, and executives kept their full-year and medium-term financial guidance unchanged.
Organizations: Boeing Locations: North Charleston, S.C
☆ Boeing’s 737 MAX Output Falls to Lowest Level in Two Years
  + stars: | 2023-10-10 | by ( Sharon Terlep | Andrew Tangel | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/airlines/boeings-737-max-output-falls-to-lowest-level-in-two-years-cde7eaee
Persons: Dow Jones, cde7eaee
☆ How Dodgy Spare Parts Got Into Jet Engines, Leaving Airlines Scrambling
  + stars: | 2023-10-04 | by ( Sharon Terlep | Benjamin Katz | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/airlines/dodgy-jet-parts-ge-boeing-plane-engines-a3fcbcfd
Persons: Dow Jones Organizations: boeing
☆ Walgreens Chief Executive Rosalind Brewer Steps Down
  + stars: | 2023-09-01 | by ( Will Feuer | Sharon Terlep | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/walgreens-chief-executive-roz-brewer-steps-down-4fbd1733
Persons: Dow Jones Organizations: walgreens
☆ From Toilet Paper to Mayonnaise, Staples Stay Strong
  + stars: | 2023-04-28 | by ( Aaron Back | ) www.wsj.com   time to read: 1 min
Consumer spending has held up relatively well so far despite inflation, but experts say we’re approaching an inflection point. WSJ’s Sharon Terlep explains the role ‘elasticity’ plays in a company’s decision on whether to raise prices. Photo illustration: Adele MorganMakers of everyday household goods say consumers are sticking with them despite double-digit price increases. A raft of American and European companies producing packaged food and other staples such as tissues and cleaning products have reported results over the past week or so, and the results are encouraging. Analysts had expected growth of 6.9%, according to VisibleAlpha.
☆ Cold or Warm Water? A Laundry Dispute Enters the Spin Cycle
  + stars: | 2023-03-28 | by ( Sharon Terlep | ) www.wsj.com   time to read: 1 min
Is it better to wash your clothes with cold or warm water? (Be careful how you answer; the topic has been known to hamper polite discourse.) The maker of Tide detergent has thrown its marketing weight behind Team Cold. Procter & Gamble Co. argues that a chilly wash cycle reduces the impact of a costly and energy-guzzling domestic chore, and has enlisted rapper Vanilla Ice, actor/musician Ice-T, pro wrestler “Stone Cold” Steve Austin and other celebrities to promote the concept.
☆ Walgreens CEO Bets on Doctors Over Drugstores in Search for Growth
  + stars: | 2023-02-19 | by ( Sharon Terlep | Photographs Taylor Glascock For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
Deerfield, Ill.—A year into her job as Walgreens Boots Alliance Inc.’s chief executive, Rosalind Brewer realized the company’s board wasn’t entirely sold on her plan to save its ailing drugstore business. So she took directors on the road.
☆ Newell Brands Slashes Profit Targets, Changes CEOs
  + stars: | 2023-02-10 | by ( Sharon Terlep | ) www.wsj.com   time to read: 1 min
Newell, which makes Elmer’s glue and other household products, has struggled since closing a $15 billion acquisition in 2016. Newell Brands Inc. said it was changing chief executives and slashed its financial forecasts for the year, as the maker of kitchen gadgets and school supplies prepares for potential economic downturn. Ravi Saligram , who took over as CEO in October 2019, will retire effective May 16 and hand over the top job to one of his deputies, President Chris Peterson . Mr. Saligram, a former CEO of OfficeMax and Ritchie Bros. Auctioneers Inc., has overseen a restructuring at the company.
☆ CVS Reaches $10.6 Billion Deal to Buy Clinic Owner Oak Street Health
  + stars: | 2023-02-08 | by ( Anna Wilde Mathews | Sharon Terlep | ) www.wsj.com   time to read: 1 min
CVS Health Corp. agreed to acquire Oak Street Health Inc. for about $10.6 billion including debt, in the latest sign of the growing tie-ups between health insurers and primary-care doctors. The all-cash deal, for $39 a share, is expected to close in 2023, the companies said Wednesday. The Wall Street Journal reported Monday the companies were nearing a deal.
☆ Peloton Narrows Losses as Sales Fall Less Than Forecast
  + stars: | 2023-02-01 | by ( Sharon Terlep | ) www.wsj.com   time to read: 1 min
Peloton Interactive Inc. reported another quarterly loss and a 30% drop in quarterly sales, though the company reduced the amount of cash being burned by its operations. The results were better than the maker of connected fitness equipment predicted for the holiday quarter. The company held steady with about 3 million subscribers to its online workouts. Shares gained about 5% in premarket trading.
☆ CVS, Walmart to Cut Pharmacy Hours as Staffing Squeeze Continues
  + stars: | 2023-01-27 | by ( Sharon Terlep | Sarah Nassauer | ) www.wsj.com   time to read: 1 min
CVS says most of its reduced hours will be when there is low patient demand or when a store has only one pharmacist on site. CVS Health Corp. and Walmart Inc. are cutting pharmacy hours in the midst of a pharmacist shortage that has plagued the nation’s biggest drugstore chains throughout the Covid-19 pandemic. CVS, the largest U.S. drugstore chain by revenue, plans in March to cut or shift hours at about two-thirds of its roughly 9,000 U.S. locations. Walmart plans to reduce pharmacy hours by closing at 7 p.m. instead of 9 p.m. at most of its roughly 4,600 stores by March.
☆ P&G Earnings Slip as Higher Prices Sap Sales Volumes
  + stars: | 2023-01-19 | by ( Sharon Terlep | ) www.wsj.com   time to read: 1 min
After lifting prices to new heights, Procter & Gamble Co. reported lower quarterly profit and declining sales volumes as the rising costs of Tide detergent and other staples prompted consumers to cut back on purchases at the end of 2022. Sales volumes fell 6% at P&G —the biggest quarterly drop in years—with declines at each of the company’s five major business units in the three months ended Dec. 31 compared with a year earlier. P&G increased prices by 10% in the period, helping the company report a 5% boost in organic sales, which exclude currency swings and acquisitions.
☆ Walgreens Revisits Shoplifting Security as Losses From Theft Drop
  + stars: | 2023-01-06 | by ( Sharon Terlep | Sarah Nassauer | ) www.wsj.com   time to read: 1 min
Beauty products are locked in a case with a customer-service button at a Walgreens in New York City. Walgreens Boots Alliance Inc. said it might have taken anti-shoplifting efforts too far. The nation’s second-largest U.S. pharmacy chain by locations poured money last year into additional security, some of which executives said was ineffective, and it is now considering cutting back as losses from theft have dropped significantly, finance chief James Kehoe said Thursday.
☆ Americans Can’t Stop Pampering Their Pets—Companies Want In
  + stars: | 2023-01-05 | by ( Sharon Terlep | ) www.wsj.com   time to read: 1 min
Attention, CEOs: If not enough people are using your product, maybe animals will. “Have you seen the numbers? They’re staggering,” said Jenna Mutch , a vice president at portable-ultrasound maker Butterfly Network Inc., referring to the rush of Americans who have brought home pets since the pandemic began. About 23 million households did, according to the American Society for the Prevention of Cruelty to Animals.
☆ Supply Chains Upended by Covid Are Back to Normal
  + stars: | 2022-12-23 | by ( Esther Fung | Costas Paris | Sharon Terlep | ) www.wsj.com   time to read: 1 min
The Covid-19 pandemic might not be gone, but the global supply-chain crisis it spawned has abated. Goods are moving around the world again and reaching companies and consumers, despite some production snarls and Covid outbreaks inside China. Gone are the weekslong backlogs of cargo ships at large ports. Ocean shipping rates have plunged below prepandemic levels.
☆ Cold, Cough Drugs in Short Supply in Some Areas as Families Fight Flu, RSV, Covid-19
  + stars: | 2022-12-15 | by ( Sharon Terlep | Brianna Abbott | ) www.wsj.com   time to read: 1 min
U.S. households are stepping up spending on cough and cold medicines and children’s pain relievers amid a rise in reports of respiratory infections, leading to sporadic shortages of some drugs online and at stores. Flu infections and hospitalizations are surging across the country, federal data suggests, on top of an already busy season for other respiratory viruses including respiratory syncytial virus, or RSV. These viruses are common in the fall and winter months, but the sharp, early increases have roiled families and put pressure on children’s hospitals.
☆ Cold, Cough Drugs in Short Supply in Some Areas as Families Fight Flu, RSV and Covid
  + stars: | 2022-12-15 | by ( Sharon Terlep | Brianna Abbott | ) www.wsj.com   time to read: 1 min
U.S. households are stepping up spending on cough and cold medicines and children’s pain relievers amid a rise in reports of respiratory infections, leading to sporadic shortages of some drugs online and at stores. Flu infections and hospitalizations are surging across the country, federal data suggests, on top of an already busy season for other respiratory viruses including respiratory syncytial virus, or RSV. These viruses are common in the fall and winter months, but the sharp, early increases have roiled families and put pressure on children’s hospitals.
☆ Why You Might Be Having Trouble Buying Children’s Flu and Cold Medicine
  + stars: | 2022-12-15 | by ( Sharon Terlep | Brianna Abbott | ) www.wsj.com   time to read: 1 min
U.S. households are stepping up spending on cough and cold medicines and children’s pain relievers amid a rise in reports of respiratory infections, leading to sporadic shortages of some drugs online and at stores. Flu infections and hospitalizations are surging across the country, federal data suggests, on top of an already busy season for other respiratory viruses including respiratory syncytial virus, or RSV. These viruses are common in the fall and winter months, but the sharp, early increases have roiled families and put pressure on children’s hospitals.
☆ CVS Tries Out Remote System to Help Fill Prescriptions
  + stars: | 2022-12-04 | by ( Sharon Terlep | ) www.wsj.com   time to read: 1 min
CVS Health Corp. is testing a system that allows pharmacists to process prescriptions in part remotely, a move it said could improve store working conditions and the experience for customers as the company grapples with a shortage of pharmacists. CVS has equipped roughly 8,000 of its more than 9,000 U.S. drugstores with technology that allows pharmacists to review and enter prescription information remotely while still meeting patient-privacy requirements. About 400 of CVS’s 30,000 pharmacists are currently helping prepare prescriptions either at central locations, from their homes or in stores other than where medications will be dispensed, the company said.
☆ Why Black Friday Shoppers Aren’t Finding Door-Buster Deals This Year
  + stars: | 2022-11-25 | by ( Suzanne Kapner | Sharon Terlep | ) www.wsj.com   time to read: 1 min
Black Friday is back—even if many of the door-buster deals aren’t. Millions of Americans are expected to visit bricks-and-mortar stores on the Friday after Thanksgiving as the Covid-19 pandemic recedes and people return to prepandemic habits. That is a reversal of the past two years, when they were largely stuck at home and did more shopping online. This year, however, many household budgets are pinched by high gas and grocery prices.
☆ Why Black Friday Shoppers Didn’t Find Door-Buster Deals This Year
  + stars: | 2022-11-25 | by ( Suzanne Kapner | Sharon Terlep | ) www.wsj.com   time to read: 1 min
Black Friday is back—even if many of the door-buster deals weren’t. Millions of Americans were expected to visit bricks-and-mortar stores on the Friday after Thanksgiving, as the Covid-19 pandemic recedes and people return to prepandemic habits. That is a reversal of the past two years, when they were largely stuck at home and did more shopping online. This year, however, many household budgets are pinched by high gas and grocery prices.
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