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☆ SpaceX is building a NASA craft to intentionally destroy the International Space Station after retiring
▼ + stars: | 2024-06-26 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024. NASA will have a spacecraft from Elon Musk's SpaceX guide the International Space Station's destruction later this decade, the agency announced Wednesday. The National Aeronautics and Space Administration awarded an $843 million contract to SpaceX to build the so-called "U.S. Deorbit Vehicle." The spacecraft will be designed to guide the football-field-sized research laboratory back into the Earth's atmosphere after retiring in 2030. "It is crucial to prepare for the safe and responsible deorbit of the International Space Station in a controlled manner," NASA said in a press release, with the U.S. Deorbit Vehicle needed to "ensure avoidance of risk to populated areas."

Organizations: International, Boeing, NASA, Elon, SpaceX, National Aeronautics and Space Administration, Deorbit, International Space, U.S . Deorbit

☆ A new carbon removal plant will absorb carbon dioxide 99,000 times faster than Earth's oceans
▼ + stars: | 2024-06-26 | by ( Ellyn Lapointe | Jessica Orwig | ) www.businessinsider.com time to read: +6 min

Read previewThe oceans are our planet's largest carbon sink, naturally absorbing about 25% of the carbon dioxide that humans emit. Carbon dioxide removal (CDR) companies like Equatic are trying to harness that natural process to absorb even more. On June 18, Equatic announced it started engineering designs for the world's first commercial-scale, ocean-based CDR plant, Sanders said. The plant could remove carbon dioxide at a rate that's 99,000 times as fast as the oceans. Questions remain about CDR's economic and environmental impactAs ocean-based CDR technology scales up, concerns grow over its environmental impact.

Persons: —, Edward Sanders, Equatic, Sanders, Grace, Weiquan Lin, we're, Sergii Petruk, Jessica Cross, Cross Organizations: Service, Business, National Academies of Science, Engineering, Companies, Boeing, Equatic, Pacific Northwest National Laboratory Locations: LA, Singapore

☆ CNBC Daily Open: Nvidia rallies after sell-off, lifts S&P 500 and Nasdaq
▼ + stars: | 2024-06-26 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia sparks rallyThe S&P 500 and the Nasdaq Composite snapped a three-day slide as Nvidia rebounded from a sell-off. Trump inflation warningSixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve a second term, including 'reignite' inflation. "There is rightly a worry that Donald Trump will reignite this inflation, with his fiscally irresponsible budgets," they said.

Persons: Goldman Sachs, Rivian, Donald Trump, Joe, Donald Trump's, Michelle Bowman Organizations: New York Stock Exchange, CNBC, Nvidia, Nasdaq, Dow Jones, Boeing, Home, Treasury, Volkswagen, VW, Ford, Detroit automaker, Trump, Federal, European, Microsoft, Salesforce, Dow Locations: New York City, EU

☆ Travelers could see higher fares, fewer available seats as Airbus cuts number of planes it expects to make this year
▼ + stars: | 2024-06-25 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Airbus cut its target for how many planes it expects to make this year and next, citing supply chain issues. The tighter-than-expected supply of jets is forcing airlines to adjust their expansion plans, even as they deal with record demand for air travel. That means that passengers could find fewer available seats and fares that are higher than they would be otherwise. But airlines that use Airbus planes have not been without problems, as a number of A320neo jets have been grounded due to problems with their engines. Airfares were down 13% to nearly 19% from those 2022 peaks during the summer travel months last year, as the number of available seats on planes rose by about 15% from a year earlier.

Organizations: New, New York CNN, Airbus, Boeing, Max Alaska Air, Monday Airbus, TSA, Consumer, Bureau of Transportation Statistics Locations: New York, Paris

☆ Tuesday's rapid fire: Gap, Oracle, SolarEdge, Pool Corporation and Boeing
▼ + stars: | 2024-06-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTuesday's rapid fire: Gap, Oracle, SolarEdge, Pool Corporation and BoeingCNBC's Jim Cramer on Tuesday weighed in on five stocks outside the Investing Club portfolio.

Persons: Jim Cramer Organizations: Oracle, Pool Corporation, Boeing

☆ People thought they might die when oxygen masks deployed on a United flight to Maui, passenger says
▼ + stars: | 2024-06-25 | by ( Kelsey Vlamis | Amanda Goh | ) www.businessinsider.com time to read: +4 min

This story is available exclusively to Business Insider subscribers. AdvertisementScott's wife, Lesley Scott, said the flight attendants urgently asked passengers to put the oxygen masks on, which they thought meant this was not a mistake and that something was actually wrong. AdvertisementIn a statement provided to Business Insider, United said: "A small number of oxygen masks inadvertently deployed during the flight. About a week prior, oxygen masks also "inadvertently deployed" on a transatlantic United flight from Paris to Washington, DC. AdvertisementBoeing did not immediately respond to a request for comment from Business Insider sent outside regular hours.

Persons: —, Ryan Scott, Scott, Lesley Scott, United Organizations: Service, Business, United, Kahului, Boeing, Business Insider Locations: Marin County , California, Hawaii, San Francisco, Maui, hyperventilating, Paris, Washington

☆ How Delta made itself America's luxury airline — and what United wants to do about it
▼ + stars: | 2024-06-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +16 min

Rival United Airlines — second to Delta in net profit margins — is circling. Delta plans to open Delta One lounges in Boston and Los Angeles later this year, and is studying airports where it could open others. Like other airlines, Delta accepted billions in federal aid to weather the pandemic. Luxury air travel and the United States didn't go together for many years — and might not still, if you ask well-heeled globetrotters. And at Delta and other airlines, many of the perks for luxury flyers come through lounges.

Persons: Benoit Tessier, Ed Bastian's, Bastian, Ed Bastian, John F, Raymond James, Savanthi Syth, Andrew Nocella, Patrick Quayle, Quayle, Richard Anderson, Anderson, Delta, Barack Obama's, They're, Shai Weiss, Claude Roussel, Joe Biden, United States didn't, Henry Harteveldt, Scott Kirby Organizations: Airbus, Delta Air Lines, Reuters Delta Air Lines, Transportation Department, Rival United Airlines —, CNBC, Delta Air Lines Inc, Bloomberg, Getty, American Express, Kennedy International Airport, United, Boeing, U.S, Labor, Southwest Airlines, U.S ., JetBlue Airways, Delta, Corporate, Northwest Airlines, Endeavor, Virgin, American, Sky Club, New, LaGuardia, Etihad Airways, Singapore Airlines, Atmosphere Research, Airlines, Sky Clubs, Los Angeles International Airport, JFK, American Airlines, JPMorgan, Consumer Electronics, Starbucks Locations: punctuality, New York, Delta, Chicago, Boston, Los Angeles, Dubrovnik, Croatia, Amman, Jordan, Cape Town , South Africa, Atlanta, U.S, Queens, N.Y, United, Tokyo, York, United States, Las Vegas

Boeing would use stock instead of cash to buy Spirit AeroSystems, said the two people, who were not authorized to speak publicly about the deal. One added that Boeing would pay more than $4 billion for Spirit, which produces aviation parts, including the body of the Boeing 737 Max, the company’s most popular plane. One of the people familiar with the talks said that the decision to shift to stock from cash was not expected to significantly delay a deal, which could be announced as soon as next week. Based on its stock price on Tuesday, Spirit has a market value of more than $3.6 billion. News that Boeing was proposing to use its stock, rather than cash, to buy Spirit was reported earlier by The Wall Street Journal.

Organizations: Boeing, Max, Wall Street

☆ Astronauts from Boeing's Starliner were supposed to be in space for 8 days. Now they're stuck there with no scheduled return date.
▼ + stars: | 2024-06-25 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

Boeing's Starliner is stuck at the International Space Station — for now. The two astronauts on board arrived at the ISS on June 6 and were scheduled to spend eight days in space. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . NASA astronauts Butch Wilmore and Suni Williams went up to the International Space Station on June 6 after a series of delays that postponed the craft's launch by a month. The astronauts were originally supposed to stay docked in space for eight to 10 days, per a June 6 statement from Boeing.

Persons: —, Butch Wilmore, Suni Williams Organizations: ISS, NASA, Boeing, Service, International, Station, Business

☆ GM's Cruise names former Amazon, Microsoft Xbox executive as new CEO
▼ + stars: | 2024-06-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

DETROIT – General Motors' Cruise autonomous vehicle unit on Tuesday announced former Amazon and Microsoft executive Marc Whitten as its new CEO. His appointment comes at a crucial time for Cruise, which is testing and relaunching its autonomous vehicles on public roadways. Following the incident, several key leaders, including Cruise CEO and co-founder Kyle Vogt, departed the company. The probe also investigated allegations of a cover-up by Cruise leadership, but investigators did not find evidence to support those claims. Cruise was a crucial part of GM's plan to double revenue to $280 billion by the end of this decade.

Persons: Marc Whitten, Whitten, Kyle Vogt, Marc, Mary Barra, Cruise, Rowe Price, Nick Mulholland, Craig Glidden, Glidden, Grant Dixton, Dixton, Mary Organizations: DETROIT, Motors, Amazon, Microsoft, Cruise, GM, Honda Motor, Walmart, Rivian, Activision Blizzard, Boeing Locations: San Francisco, Phoenix , Houston, Dallas, Dubai

☆ The fertility crisis is here and it will permanently alter the economy
▼ + stars: | 2024-06-25 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

In the 1960s, there were six people of working age for every retired person, according to the World Economic Forum. “What you’re seeing is increased spending on programs like Medicare and Social Security as the baby boomers are aging into those programs. And then of course, fewer workers relative to the number of people who are receiving Social Security and Medicare benefits,” said Dahl. Social Security payments still provide about 90% of income for more than a quarter of older adults in the United States, according to Social Security Agency surveys. But without intervention, the Social Security trust fund will be depleted by the mid-2030s, meaning that only a portion of retirees’ expected benefits will be paid out.

Persons: it’s, Louis, Simona Paravani, ”, Elon Musk, Kimberly, Clark, Mark Schneider, he’s, Emmanuel Macron, Donald Trump, Molly Dahl, Dahl, Eric Schmidt, ” Schmidt, Goldman Sachs, Stefano Scarpetta, Li Qiang, Juliana Liu, Joyce Jiang, Li, China’s, Xi Jinping, Biden, Max Prosecutors, haven’t, Max, Read Organizations: London CNN, Organisation for Economic Co, Development, Economic, Federal Reserve Bank of St, BlackRock, Disease Control, Congressional Budget Office, CBO, Social Security, Social, Social Security Agency, Google, Summit, Federal Reserve Bank of Richmond, OECD, ” Companies, West Chinese, CNN, EV, Prosecutors, Boeing, Max, US Justice Department, Alaska Air, Justice Department, Federal Aviation Administration Locations: Chad, Niger, Somalia, Samoa, Tonga, Tajikistan, United States, London, China, Beijing, Dalian, Canada, Beijing’s “

☆ Stocks making the biggest moves midday: SolarEdge Technologies, Pool Corp., Carnival and more
▼ + stars: | 2024-06-25 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: SolarEdge Technologies — Shares of the company tumbled more than 20% following the announcement that it will offer $300 million worth of convertible notes due 2029. — The stock plunged more than 7% after the company updated its earnings guidance for the full year on Monday after the bell. The wholesale pool supplies distributor expects full-year earnings between $11.04 and $11.44 per share. Carnival — Shares added nearly 8% after the cruise company posted a second-quarter earnings and revenue beat. Penn Entertainment — The casino operator and online gambling platform's stock fell 5% after Raymond James downgraded it to market perform from outperform.

Persons: Leslie's, LSEG, Raymond James, Enovix, Rivian, —, Alex Harring, Lisa Kailai Han, Jesse Pound Organizations: U.S . Securities, Exchange, Pool Corp, Carnival, Penn Entertainment, Airbus, Nvidia —, Novo Nordisk, Guggenheim, Spirit AeroSystems, Boeing, Bloomberg Locations: Singapore, France, China

☆ Cramer praises Gap's turnaround efforts — but says stay away from this corner of clean energy
▼ + stars: | 2024-06-25 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "[CEO] Richard Dickson is doing a remarkable job" in turning the company around, Jim Cramer said. The CNBC Investing Club owns T.J. Maxx parent TJX Companies . The Investing Club owns fellow cloud computing providers Microsoft , Amazon and Alphabet . Boeing : The company is now planning an all-stock offer for troubled supplier Spirit AeroSystems instead of cash, The Wall Street Journal reported Tuesday.

Persons: Jim Cramer's, Cowen, Richard Dickson, Jim Cramer, He's, Cramer, AeroSystems Organizations: CNBC, Club, CNBC Investing Club, TJX Companies, Oracle, Investing Club, Microsoft, Corp, Boeing, Street

☆ World’s best airline for 2024 named by Skytrax
▼ + stars: | 2024-06-24 | by ( Barry Neild | ) edition.cnn.com time to read: +7 min

We look forward to more wins in the future.”Close-run contestSaudia was named by Skytrax as winner of the World's Most Improved Airline award. Singapore also won for Best First Class service and Best Airline in Asia. ANA, meanwhile, picked up the accolade for World’s Best Airport Services, as well as Best Airline Staff Service in Asia. Saudia was named World’s Most Improved Airline, beating Taiwan’s Starlux and Iceland’s Play into second and third places. Delta Air Lines was declared the Best Airline in North America, also picking up the award for Best Airline Staff Service for the region.

Persons: weren’t, ”, Edward Plaisted, Badr Mohammed Al, Meer, Saudia, Skytrax, Nicolas Economou, Tan, Tan Pee Teck, Taiwan’s Starlux, Singapore’s Scoot, Tony Fernandes, “, ISMOYO, Vistara, airBaltic Organizations: CNN, Qatar Airways, Hamad International, Dubai, Boeing, Airbus, Singapore Airlines, Dubai’s Emirates, ANA All Nippon Airways, Hong, Cathay Pacific, Japan Airlines, Turkish Airlines, Air France, Swiss International Airlines, Singapore, Best, ANA, World’s Best, Services, Best Airline Staff Service, AirAsia, Airline, Airasia, Rai International, Getty, Bangkok Airways, Fiji Airways, Ethiopian Airlines, Hainan Airlines, China . Delta Air Lines, Airlines, Emirates, Cathay, Air, Swiss International Air Lines, Korean, British Airways, Iberia, Virgin, Lufthansa, Etihad Airways, Saudi, Saudi Arabian Airlines, Garuda, Cathay Pacific Airways, Thai Airways, Malaysia Airlines, Transavia, Vueling Airlines, Ryanair, SKY, JetSMART, Aegean Airlines, Azerbaijan Airlines, Rex Airlines, Azul, Royal Air Maroc, Porter Airlines, . Alaska Airlines, Hong Kong Airlines, Asiana Airlines, China Airlines, Korean Air Locations: Qatar, London’s, Abu Dhabi, Qatar’s, Tan Pee, Asia, Denpasar, Bali, AFP, India, Australia, Pacific, Eastern, China ., North America, Singapore, Air France, Saudi Arabian, Garuda Indonesia, Transavia France

☆ NASA waves off spacewalk after astronaut suit springs a leak
▼ + stars: | 2024-06-24 | by ( Jackie Wattles | ) edition.cnn.com time to read: +3 min

NASA officials called off the spacewalk because of a water leak in the cooling unit of one of the astronauts’ spacesuits. The leak, which affected the suit donned by NASA astronaut Tracy Dyson, sprang up just after the suits were transferred to battery power just before they exited the space station. Today's spacewalk with @NASA_Astronauts Tracy C. Dyson and Mike Barratt has been cancelled due to a spacesuit cooling unit water leak. The delayed spacewalk is only the latest in a string of setbacks around operations on the International Space Station in recent weeks. The Starliner spacecraft has been on its first crewed test flight to the space station.

Persons: ’, Tracy Dyson, Dyson, Mike Barratt, @NASA_Astronauts Tracy C, XaM0jSDTKp, ” Dyson, Matthew Dominick, It’s Organizations: CNN, NASA, Space

☆ Inside the Korean Air Boeing plane that descended 25,000 feet after a pressurization fault
▼ + stars: | 2024-06-24 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

A Korean Air flight bound for Taiwan had to turn back after a pressurization fault was detected. Flight data shows the plane dropped nearly 25,000 feet in five minutes shortly after takeoff. Korean Air said that 17 passengers received medical care after the plane landed. AdvertisementA Korean Air flight bound for Taiwan had to turn back and make an emergency landing after detecting a fault with the aircraft's pressurization system. A pressurization fault was detected while the plane was flying over South Korea's southern Jeju Island, per Yonhap.

Persons: — Organizations: Korean Air, Service, Boeing, Max, Incheon International Airport, Yonhap News Agency Locations: Taiwan, Incheon, South, Jeju

☆ Prosecutors urge Justice Department to file criminal charges against Boeing over 737 Max
▼ + stars: | 2024-06-24 | by ( Chris Isidore | Evan Perez | ) edition.cnn.com time to read: +4 min

New York CNN —Prosecutors are urging the US Justice Department to file criminal charges against Boeing for safety issues surrounding its 737 Max, although top Justice Department officials haven’t made a final decision, a source familiar with the development tells CNN. And this month a group of those family members wrote a letter to the Justice Department urging Boeing be hit with the maximum possible $24.9 billion fine. The charges against Boeing don’t mean any Boeing executive will face charges as an individual. It has posted core operating losses of $31.9 billion since the start of the 20-month grounding of the 737 Max that followed its second fatal crash in 2019. But if the company faces criminal charges, a new settlement is the most likely outcome.

Persons: haven’t, Max, Richard Aboulafia Organizations: New, New York CNN — Prosecutors, US Justice Department, Boeing, CNN, Alaska Air, Justice Department, Federal Aviation Administration, FAA, Reuters, Justice, Department of Defense Locations: New York, Alaska

☆ Inside the Korean Air Boeing plane that plummeted 25,000 feet after a pressurization fault
▼ + stars: | 2024-06-24 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

Persons: — Organizations: Korean Air, Service, Boeing, Max, Incheon International Airport, Yonhap News Agency Locations: Taiwan, Incheon, South, Jeju

☆ Prosecutors recommend DOJ file criminal charges against Boeing: report
▼ + stars: | 2024-06-24 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

US prosecutors recommended the DOJ file federal criminal charges against Boeing, Reuters reported. In May, officials found the company violated a 2021 settlement agreement related to two fatal crashes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS prosecutors have recommended that the Justice Department file federal criminal charges against Boeing for violating the terms of a 2021 settlement related to two fatal crashes, Reuters reported, citing two sources familiar with the matter. In May, officials found that Boeing had violated the terms of a 2021 settlement related to two fatal crashes in 2018 and 2019.

Persons: — Organizations: Boeing, Reuters, DOJ, Service, Justice Department, Federal Aviation Administration, Business

☆ ‘My vision went dark’: CNN reporter experiences 6G-force before hitching a fighter jet ride
▼ + stars: | 2024-06-22 | by ( Brad Lendon | ) edition.cnn.com time to read: +11 min

Four South Korean F-4 fighter jets fly in formation on May 8, 2024, during a commemorative final flight of the aircraft. That test would come a few weeks before the F-4 flight at a South Korean Air Force medical facility south of Seoul. Lendon in the back seat of a South Korean F-4 Phantom flying over southern South Korea on May 8, 2024. South Korean Air Force F-4s flying in formation with two KF-21 fighter jet prototypes over southern South Korea on May 8, 2024. A total of 120 are expected to be delivered to the South Korean Air Force by 2030, and the jet is expected to be exportable.

Persons: Douglas, Lendon, –, didn’t, I’m, It’s, Neil Armstrong, John Glenn, I’d, don’t, South Korea Brad Lendon, Daegu –, vomited, “, ”, wouldn’t Organizations: South Korea CNN —, South Korean Air Force, US Navy, CNN, US Navy Blue Angels, US Air Force Thunderbirds, hometown Cleveland National Air, South, McDonnell, US, Korean, Wright, Daegu Air Base, Daegu, General, KF, Korean Air Force, South Korean Air Force Korea Aerospace Industries, Phantoms, Boeing, South Korean Airforce, Suwon Air Base Locations: Suwon, South Korea, Midway, Japan, Vietnam, North Korea, Seoul, Greece, Turkey, Iran, Daegu, Ohio, Korean, South Korean

☆ Meet Lokiceratops, the rock star cousin of Triceratops
▼ + stars: | 2024-06-22 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. The Triceratops fossil emerged first as it eroded from the rock of the Hell Creek Formation in 2006. Across the universeAn artist's illustration shows a supermassive black hole as it wakes up at the center of a faraway galaxy. M. Kornmesser/ESOAstronomers are watching a supermassive black hole awakening in the middle of a distant galaxy for the first time. Sign up here to receive in your inbox the next edition of Wonder Theory, brought to you by CNN Space and Science writers Ashley Strickland and Katie Hunt.

Persons: dino, rex, Mark Eatman, ”, Eatman, Sergey Krasovskiy, Lokiceratops rangiformis, Lokiceratops, Butch Wilmore, Suni Williams, won’t, Stephen Hawking, Robert Erwan Fordyce, Benjamin Kear, Martin Bernetti, Fernando Trujillo, Ashley Strickland, Katie Hunt Organizations: CNN, North Carolina Museum of Natural Sciences, NASA, International Space Station, Boeing, ESO, University of Otago, Southern Hemisphere, Uppsala University’s Museum, Evolution, Getty, CNN Space, Science Locations: what’s, Montana, Raleigh, what's, Maribo, Denmark, British, New Zealand, Pangea, Uppsala, Sweden, Nui, Chile, AFP, Easter, Rapa, Colombian

☆ Alaska Airlines, flight attendants reach 'record' tentative labor deal
▼ + stars: | 2024-06-21 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

An Alaska Airlines Boeing 737-9 MAX sits at gate at O'Hare International Airport in Chicago, Illinois on May 22, 2024. Alaska Airlines ' flight attendants union said Friday that it reached a "record" tentative labor deal with the carrier, ending a drought of new contracts for cabin crews that have clamored for pay raises for years. It will be reviewed by union leadership and then voted on by rank and file members, the Association of Flight Attendants said. A day earlier, American Airlines ' flight attendants union said talks had broken down for a new contract, and that its members should prepare for a possible strike. United Airlines is also negotiating a new contract with its flight attendants union.

Persons: weren't, we've Organizations: Alaska Airlines Boeing, International, Alaska Airlines, Association of Flight, American Airlines, Airlines, U.S Locations: Chicago , Illinois

☆ Boeing May Evade Criminal Charges for Violating Settlement
▼ + stars: | 2024-06-21 | by ( Mark Walker | Glenn Thrush | ) www.nytimes.com time to read: +1 min

The department has not made final decisions or ruled out bringing charges, or some other solution, the people said. But it is considering offering Boeing what is known as a deferred prosecution agreement, which is often used to impose monitoring and compliance obligations on businesses accused of financial crimes or corruption, as opposed to trying to convict the company. The agreement, if it is offered, might stipulate that Boeing install a federal monitor to oversee safety improvements, according to the people familiar with the situation. Federal prosecutors said in May that Boeing had violated a previous deferred prosecution agreement by failing to set up and maintain a program to detect and prevent violations of U.S. anti-fraud laws. The settlement was reached in 2021, after Boeing admitted in court that two of its employees had misled federal air safety regulators about a part that was at fault in the two crashes.

Persons: Max Organizations: Boeing

☆ A Malaysia Airlines Boeing plane was seen with its engine ablaze, a midair mishap that forced the flight to turn around
▼ + stars: | 2024-06-21 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

A Malaysia Airlines Boeing flight bound for Kuala Lumpur had to turn back after takeoff. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA Malaysia Airlines flight from Hyderabad, India, to Kuala Lumpur, Malaysia, had to return shortly after takeoff on Thursday night. A video taken from inside the aircraft, posted by The Straits Times, showed its engine on fire with sparks flying out behind it. The fire broke out 15 minutes after the plane took off, per The Straits Times.

Persons: — Organizations: Malaysia Airlines Boeing, Service, Malaysia Airlines, The Straits Times, Straits Times Locations: Kuala Lumpur, Hyderabad, India, Malaysia

☆ NASA has again delayed Boeing Starliner’s return to Earth
▼ + stars: | 2024-06-21 | by ( Ross Levitt | ) edition.cnn.com time to read: 1 min

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