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☆ AI fever is triggering a new hunt for tech talent on Wall Street. 5 recruiters outline in-demand tech roles that can pay from $250,000 to $2 million.
▼ + stars: | 2024-04-09 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWall Street firms are switching into hiring gear. Banks, hedge funds, and private equity firms are back on the hunt for tech talent, several recruiters told Business Insider. Across the Street, finance firms are witnessing the AI transformation being led by tech giants like OpenAI and Nvidia. Hodzic added that, on average, the technology business at Selby Jennings is registering 25% more job orders a week compared to this time last year.

Persons: —, Giancarlo Hirsch, Deepali Vyas, she's, Vyas, Ben Hodzic, Selby Jennings, Hodzic, Glocomms, Hirsch, whittle, Banks, Andy Legg, Dennis Baden, Baden, Korn Ferry's Vyas Organizations: Service, Finance, Business, Blackstone, JPMorgan, Vyas, Nvidia, They're, Wall, Riviera Partners, Google, Banks Locations: Selby

☆ Peter Higgs, Nobelist Who Discovered the ‘God Particle,’ Dies at 94
▼ + stars: | 2024-04-09 | by ( Dennis Overbye | ) www.nytimes.com time to read: +1 min

His death was announced by the University of Edinburgh, where he was an emeritus professor. Dr. Higgs lived in Edinburgh. Dr. Higgs was a 35-year-old assistant professor at the university in 1964 when he suggested the existence of a new particle that would explain how other particles acquire mass. Dr. Higgs was a modest man who eschewed the trappings of fame and preferred the outdoors. For years he relied on a colleague Alan Walker, a physics professor at Edinburgh, to act as his “digital seeing-eye dog,” in the words of a former student.

Persons: Peter Higgs, Higgs, Alan Walker Organizations: University of Edinburgh, Edinburgh Locations: Edinburgh

☆ 'Benefit of the doubt running thin with Boeing': Capt. Dennis Tajer on whistleblower claims
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Benefit of the doubt running thin with Boeing': Capt. Dennis Tajer on whistleblower claimsHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Dennis Tajer, Brian Sullivan, “ Organizations: Boeing, CNBC

Thousands of residents and visitors viewed the event from the baseball field at Hidalgo de Dolores Elementary School. Residents began renting out their homes after area hotels reached capacity. ET Cuatro Ciénegas Amid a vast landscape of gypsum dune fields — formed over millions of years — spectators viewed the eclipse. ET Dallas Crowds set up their picnic blankets alongside the Trinity River, which runs through Dallas, one of the largest cities to experience the total eclipse. ET Russellville More than 100 couples were married in a giant ceremony just minutes before the eclipse, during the Total Eclipse of the Heart festival.

Persons: — Dennis Overbye, Andrés Manuel López Obrador, ” Federico Garza, ”, David Bowie, Pink Floyd, Sun Ra, Taylor Swift Organizations: North America Today, Hidalgo de Dolores Elementary School, Nazas, Residents, Dallas Crowds, Russellville, Eclipse, Liverpool, Illinois Department of Transportation, Indiana, Indianapolis, Indianapolis Zoo, Lucas Oil, Roll Hall of Fame, Attica Railroad, Eclipse Fest, Buffalo State, Syracuse, Syracuse Mets, Worcester Red Sox, Hotels, Montreal Locations: North America, — Dennis Overbye Mexico, Sinaloa State, Mazatlán, Mexico, Hidalgo, Texas, Eagle, Dallas, Arkansas, Ozark, . Illinois, Southern Illinois, Midwest, . Ohio, Lake Erie, Cleveland, Taylor Swift . New York, Niagara Falls, England, Burlington , Vt, Burlington, Lake Champlain, Maine, Canada, U.S, Montreal, Fredericton , New Brunswick, New Brunswick, EclipseFest

☆ 'Mr Bates vs the Post Office' — the TV drama that shook Britain — comes to PBS
▼ + stars: | 2024-04-07 | by ( Chris Johnston | ) www.businessinsider.com time to read: +9 min

"Mr Bates vs the Post Office" had a remarkable impact after airing in Britain and now comes to PBS. Jo Hamilton, who ran the Village Shop and Post Office in South Warnborough, Hampshire, was wrongly convicted of theft in the Post Office Horizon scandal. ITVThe program focused on Alan Bates, who along with his partner invested in a post office store in Wales in 1998. Why did the Post Office — which has been owned by the government since 2012 – continue to prosecute people when there were doubts about the software? Advertisement"Mr Bates vs the Post Office" is being broadcast on PBS weekly from Sunday April 7.

Persons: Mr Bates, —, Rishi Sunak, Seema Misra, Peter Huxham, Martin Griffiths, Julian Wilson, Jo Hamilton, Adrian Dennis, Toby Jones, who's, Harry Potter, Alan Bates, Bates, wasn't, John Beer of, –, Kevin Hollinrake, Gwyneth Hughes, Innocent, Paula Vennells, Vennells, it's, James Strong, we'd, Polly Hill Organizations: PBS, Service, ITV, of, Post, Japan's Fujitsu, Office, Getty, Journalists, Computer, BBC, Post Office, Guardian, Fujitsu, Financial Times, subpostmasters, Channel Locations: Britain, Ellesmere Port, Liverpool, South Warnborough, Hampshire, AFP, Wales, John Beer of Farnham, Surrey

☆ A Tantalizing ‘Hint’ That Astronomers Got Dark Energy All Wrong
▼ + stars: | 2024-04-04 | by ( Dennis Overbye | ) www.nytimes.com time to read: +1 min

Dark energy was assumed to be a constant force in the universe, both currently and throughout cosmic history. He shared the 2011 Nobel Prize in Physics with two other astronomers for the discovery of dark energy, but was not involved in this new study. “It may be the first real clue we have gotten about the nature of dark energy in 25 years,” he said. That conclusion, if confirmed, could liberate astronomers — and the rest of us — from a longstanding, grim prediction about the ultimate fate of the universe. Instead, it seems, dark energy is capable of changing course and pointing the cosmos toward a richer future.

Persons: “, Biden, ”, Adam Riess, — Organizations: Johns Hopkins University, Telescope Science Locations: Baltimore

☆ The Various Mr. Ripleys
▼ + stars: | 2024-04-03 | by ( Brian Tallerico | ) www.nytimes.com time to read: +1 min

One of fiction’s most famous impostors returns on Thursday with the debut of Netflix’s “Ripley,” the latest adaptation of a character invented in the 1950s by the author Patricia Highsmith. Over nearly seven decades, Tom Ripley has appeared in five books by Highsmith, five films, multiple television episodes and even a radio show. He has been played by interpreters as varied as Matt Damon, Alain Delon, Dennis Hopper, John Malkovich and now, Andrew Scott. What makes him fascinating is his willingness to go to murderous lengths to secure it. As a new version of Tom Ripley arrives, here is a look at how this grifter has evolved over the generations.

Persons: Netflix’s “ Ripley, ”, Patricia Highsmith, Oscar, Steven Zaillian, Tom Ripley, Highsmith, Matt Damon, Alain Delon, Dennis Hopper, John Malkovich, Andrew Scott, Ripley

☆ A Lifetime Under the Moon’s Shadow
▼ + stars: | 2024-04-02 | by ( Dennis Overbye | ) www.nytimes.com time to read: +1 min

A total solar eclipse, when the cosmos clicks into place with the worlds aligned like cue balls, may be one of the most profoundly visceral experiences you can have without ingesting anything illegal. Eight times, I’ve been through this cycle of light, darkness, death and rebirth, feeling the light melt and seeing the sun’s corona spread its pale feathery wings across the sky. As you read this article, I will be getting ready to go to Dallas, along with family and old friends, to see my ninth eclipse. One old friend won’t be there: Jay M. Pasachoff, who was a longtime astronomy professor at Williams College. I’ve stood in the shadow of the moon with him three times: on the island of Java in Indonesia, in Oregon and on a tiny island off Turkey.

Persons: I’ve, won’t, Jay M, Pasachoff, Jay Organizations: Williams College Locations: Dallas, Java, Indonesia, Oregon, Turkey

☆ Have irrational thoughts? Ask Socratic questions to reduce stress
▼ + stars: | 2024-04-02 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

What may calm your nerves is asking yourself a series of questions that challenge those disquieting thoughts’ legitimacy and perspective — this process is known as Socratic questioning. When you want to apply Socratic questioning to bothersome thoughts or beliefs, start by writing the thought down. Practice Socratic questions regularlyOther common Socratic questions can include the following, though some may be tailored to a patient’s experience:● Am I basing this thought on facts or feelings? The therapist resource site Therapist Aid has a free printout with 10 Socratic questions you can use to challenge irrational thoughts. “I’d encourage people trying to learn to re-evaluate their thoughts to experiment with different questions,” Strunk said.

Persons: Socrates, ”, Daniel R, James Overholser, you’re, Strunk, you’ll, ” Strunk, Sally, Jones, ” Overholser, “, ●, Dennis Greenberger, Christine A Organizations: CNN, Ohio State University, Case Western Reserve University Locations: Cleveland

☆ Opinion: Trump videos send wildly different messages
▼ + stars: | 2024-03-31 | by ( Richard Galant | ) edition.cnn.com time to read: +19 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. In a video promoting the Bible, Trump said, “Religion and Christianity are the biggest things missing from this country. … we need to bring them back.”On Good Friday, Trump posted a very different kind of video. It showed an image of President Joe Biden lying sideways and tied up in the bed of a pickup truck. “Robert F. Kennedy Jr.’s independent presidential campaign can’t win, but it could swing the presidency to former President Donald Trump,” Begala wrote.

Persons: Matthew Arnold, Homer, King James, Donald Trump, ”, Lee Greenwood’s, AJ Willingham, Trump, Joe Biden, Drew Sheneman, MAGA, Biden, Fareed Zakaria, ” Zakaria, Candida Moss, he’ll, he’s, Barack Obama, Bill Clinton, Julian Zelizer, ” “, …, ” Clay, “, Obama, “ Obama, CNN Trump, —, Attorney Alvin Bragg, “ Trump, Stormy Daniels, ” Norman Eisen, Andrew Warren, James Antle III, stoked, Letitia James, Dali, Francis Scott Key, Tasos Katopodis, Richard Timme, ” Timme, Salvatore R, Mercogliano, ’, Jalal Baig, Catherine, Princess of Wales, Baig, Paul Hockenos, “ It’s, Robert F, Kennedy Jr, Nicole Shanahan, Eric Risberg, Paul Begala, Ross Perot, George H, Bush, “ Robert F, can’t, ” Begala, ” Shanahan “, Sergey Brin, Hillary Clinton, Pete Buttigieg, Ro Khanna, Lee Drutman, Mark Osler, Jill Filipovic, Lisa Murkowski, Obeidallah, Johnson Ronna, Ronna McDaniel, Justin Sullivan, McDaniel, ” McDaniel, David Zurawik, Jack Ohman, Walt Handelsman, Tim Hubbard, Dennis Muilenburg —, Max, David Calhoun, ‘, ” Hubbard, Annelle, ” Sheline, ” Don’t, Frida Ghitis, Putin, Howard Fischer, Keith O’Brien, Pete Rose, Nick Anderson, Agency Sara Stewart, Mary Ziegler, Patrick T, Brown, shouldn’t, Emma Firth, Carter ’ Parkwood, Roxanne Jones, Cowboy Carter, Beyoncé, ” Jones Organizations: CNN, Oxford University, New, Trump, Nasdaq, NYPD, Hollywood, Biden, Cupp, Obama, Manhattan, Attorney, Democratic, US Coast Guard, Baltimore, Federal Highway Administration, RFK Jr, RFK, Google, The New York Times, Republican National Committee, NBC News, “, Press, NBC, MSNBC, Content Agency Boeing, Notre Dame, Boeing, US State Department, Israel, Tribune, Agency, Sony, AP Locations: Independence, New York City, America, New, Manhattan, Queens, New York, Baltimore, Coast, Suez, Port, China, Argentina, Red, Gaza, Wales, Northern California, California, Israel, Columbia

☆ Dave Calhoun was supposed to turn Boeing around, but after 4 years on the job, he's out. Here's where things went wrong.
▼ + stars: | 2024-03-29 | by ( Pete Syme | ) www.businessinsider.com time to read: +8 min

It makes him the second successive chief to go after a 737 Max crisis. AdvertisementOn Monday morning, Dave Calhoun became the second successive Boeing CEO to lose his job in the wake of a 737 Max crisis. Muilenburg was terminated as the planemaker fought for its reputation after 346 people died in two 737 Max 8 crashes in 2018 and 2019. After the longest-ever grounding for a US airliner, the 737 Max was ungrounded 10 months into Calhoun's reign. Win McNamee/Getty ImagesMost people's concerns about the 737 Max looked to have been assuaged, until the Alaska Airlines blowout on January 5.

Persons: Dave Calhoun, —, Stan Deal, Calhoun, Boeing's, Dennis Muilenburg, Muilenburg, Max, Dennis, Win McNamee, Bob Clifford, Timothy Hubbard, Hubbard, Clifford, DAVID RYDER, Critics, Justin Green, Green Organizations: Boeing, Service, Airbus, Federal Aviation Administration, MCAS, Alaska Airlines, National Transportation Safety, Justice, FBI, Ethiopian, Alaska Air, United Airlines, Boeing's, Street Journal, The, Current, Business, University of Notre Dame, CNBC Locations: MCAS, Southwest , Alaska, Calhoun, Virginia, Seattle, Boeing's, Renton , Washington

☆ Boeing needs a 'strong engineering lead' to clean up the fallout from its latest crisis, airline CEO says
▼ + stars: | 2024-03-28 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

Emirates president Tim Clark said the only "fix" to Boeing's problems is to let an engineer lead the firm. Experts say Boeing CEO Dave Calhoun, who announced plans to resign on Monday, had a background in finance and business. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEmirates president Tim Clark spoke up about the future of Boeing's leadership on Wednesday, saying the only way to clean up this mess is to put engineers at the helm. "To fix Boeing's issues the company needs a strong engineering lead as its head coupled to a governance model which prioritizes safety and quality," he told CNBC.

Persons: Tim Clark, Dave Calhoun, Dennis Muilenburg, —, Clark Organizations: Service, Emirates, CNBC, International Association of Machinists, Boeing, Business

Clocks may have to skip a second — called a “negative leap second” — around 2029, a study in the journal Nature said Wednesday. “We are headed toward a negative leap second," said Dennis McCarthy, retired director of time for the U.S. Without the effect of melting ice, Earth would need that negative leap second in 2026 instead of 2029, Agnew calculated. In 2012, some computer systems mishandled the leap second, causing problems for Reddit, Linux, Qantas Airlines and others, experts said. Then add in the “weird” effect of subtracting, not adding a leap second, Agnew said.

Persons: ”, Duncan Agnew, “ It’s, Agnew, Dennis McCarthy, Judah Levine, McCarthy, timekeepers, ” Levine, ” McCarthy, Levine, “, It’s, it’s, ___ Read, Seth Borenstein Organizations: Nature, Scripps Institution of Oceanography, University of California, U.S . Naval, National Institute of Standards, Technology, “, Linux, Qantas Airlines, Tech, Google, Amazon, Associated Press Locations: San Diego, AP.org

☆ Opinion: Boeing needs a completely different kind of boss
▼ + stars: | 2024-03-27 | by ( Opinion Tim Hubbard | ) edition.cnn.com time to read: +4 min

I am the backup plan.”Tim Hubbard University of Notre DameNow Boeing needs a backup to the backup. What does the portrait of an ideal leader for Boeing look like? Boeing’s new CEO needs to signal change. Boeing’s new CEO needs to embody the company the board wants Boeing to become. If the new CEO needs a blueprint of what their legacy could look like, they need only read up on the not-so-recent history of Boeing.

Persons: Tim Hubbard, CNN —, Dennis Muilenburg —, Max, David Calhoun, “, Tim Organizations: Management, Organization, Mendoza College of Business, University of Notre Dame, CNN, Boeing, Tim Hubbard University of Notre Dame, General Electric, Wall

☆ Boeing’s embattled CEO is poised to walk away with millions
▼ + stars: | 2024-03-26 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

Exactly how much Calhoun will receive isn’t clear yet, as it depends on how Boeing’s stock performs. According to Boeing’s most recent proxy statement, Calhoun is set to walk away with about $15 million worth of stock, cash and options in retirement. One estimate, according to Fortune, suggests Calhoun could walk away with $24 million, with the potential to collect $45.5 million more if Boeing’s stock goes up 37%. And while Muilenburg was denied severance pay, he still walked away with $80 million worth of stock and other assets. Even as the board heaped praise on Calhoun, Boeing’s own customers started sounding off about their frustrations with the leadership.

Persons: CNN Business ’, Dave Calhoun, he’ll, There’s, Calhoun, Dennis Muilenburg, Muilenburg, “, CNN’s Chris Isidore Organizations: CNN Business, New York CNN, Boeing, Ryanair, Avalon Locations: New York, America, Calhoun, Washington, South Carolina, Seattle

☆ Boeing CEO Dave Calhoun could still receive millions of dollars after leaving amid safety concerns
▼ + stars: | 2024-03-26 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Boeing CEO Dave Calhoun has resigned and is set to leave at the end of the year. He's not the first leader of the company to leave amid recent safety concerns — and he's likely to do so with a big payout. "I've entered my fifth year," Calhoun told CNBC, referring to his time at Boeing. AdvertisementHow much Calhoun will get after his exit from Boeing will depend on how the aircraft maker's stock price moves. A Boeing spokesperson told Business Insider the company will outline details of Calhoun's compensation in company filings over the "coming weeks."

Persons: Dave Calhoun, Calhoun, Dennis Muilenburg, —, He's, I've, Ben Silverman, Fortune, Max Organizations: Service, Boeing, CNBC, Alaska Airlines, Federal Aviation Administration, Department of Justice, National Transportation Safety Board

☆ Boeing CEO says it was 100% his own decision to resign
▼ + stars: | 2024-03-25 | by ( Ana Altchek | Taylor Rains | ) www.businessinsider.com time to read: +3 min

Boeing announced that Dave Calhoun is stepping down as CEO at the end of this year. AdvertisementDave Calhoun plans to resign as Boeing's CEO at the end of this year, the company announced Monday. In December 2019, former Boeing CEO Dennis Muilenburg was fired after two crashes involving a different Max variant, the Max 8, killed 346 people in 2018 and 2019. Advertisement"As you all know, the Alaska Airlines Flight 1282 accident was a watershed moment for Boeing," Calhoun said in a memo to employees announcing the change. The CEO told CNBC that he would weigh in on who becomes the next CEO, but he said the board will ultimately make the decision.

Persons: Dave Calhoun, Calhoun, —, I've, Dennis Muilenburg, Max, Stephanie Pope, Stan Deal, Larry Kellner Organizations: Boeing, Service, CNBC, Alaska Airlines, Federal Aviation Administration, Department of Justice, National Transportation Safety, Boeing Commercial Airplanes

☆ Shohei Ohtani says his interpreter stole money from his account and 'told lies'
▼ + stars: | 2024-03-25 | by ( Dennis Romero | Mirna Alsharif | ) www.cnbc.com time to read: +4 min

Shohei Ohtani answers questions and Ippei Mizuhara translates during the Shohei Ohtani Los Angeles Dodgers Press Conference at Dodger Stadium on Thursday, December 14, 2023 in Los Angeles, California. Los Angeles Dodgers superstar Shohei Ohtani spoke to the media on Monday for the first time since his former interpreter became wrapped up in an alleged sports gambling scandal. "Ippei has been stealing money from my account and has told lies," Ohtani said in Japanese with the help of a different interpreter. Mizuhara met Ohtani when he went to Japan to work as an interpreter for the Hokkaidō Nippon-Ham Fighters of Japan's Nippon Professional Baseball league, Nippon.com reported. The scandal was first reported Wednesday by The Los Angeles Times and ESPN.

Persons: Shohei, Shohei Ohtani, Ippei Mizuhara, Mizuhara, Ohtani, Ippei, Nippon.com, Matthew Bowyer of, Diane Bass, Bowyer's, Bowyer, Bass, Boyer, Shohei Otani, Matthew Bowyer's Organizations: Los Angeles Dodgers Press, Dodger, Los Angeles , California . Los Angeles Dodgers, Major League Baseball, Dodgers, Hokkaidō, Ham Fighters, Japan's Nippon Professional Baseball, Los Angeles Angels, Los Angeles Times, ESPN, NBC News, Internal Revenue Service, Homeland Security, FBI, NBC Locations: Los Angeles , California, Ohtani, Japan, Southern California, Matthew Bowyer of Orange County , California, South Korea

☆ Read the full memo Boeing CEO sent to staff announcing he is stepping down
▼ + stars: | 2024-03-25 | by ( Grace Dean | Taylor Rains | ) www.businessinsider.com time to read: +7 min

Boeing CEO Dave Calhoun is stepping down. Calhoun was appointed CEO of Boeing after the planemaker's former CEO, Dennis Muilenburg, stepped down in December 2019 following two crashes of another Max variant, the Max 8. Calhoun also said that Boeing Chair Larry Kellner wouldn't be standing for reelection, with Steve Mollenkopf elected by the board as his replacement. Calhoun added that Stan Deal, the CEO of Boeing Commercial Airplanes, was retiring and would be replaced by Stephanie Pope, effective immediately. I also want to thank Stephanie for taking on this critical role.

Persons: Dave Calhoun, Calhoun, Dennis Muilenburg, Max, Calhoun didn't, Larry Kellner wouldn't, Steve Mollenkopf, Stan Deal, Stephanie Pope, He'd, Read, Larry Kellner, Larry, Steve, Stan, Stephanie, Dave Organizations: Boeing, Alaska Airlines, Max, Federal Aviation Administration, Qualcomm, Boeing Commercial Airplanes, BCA

☆ Boeing CEO Dave Calhoun to step down in wake of ongoing safety problems
▼ + stars: | 2024-03-25 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —Boeing CEO Dave Calhoun said Monday he intends to leave the beleaguered company by the end of the year in a major shakeup of the company’s leadership. The company also announced that Stan Deal, CEO of Boeing Commercial Airplanes, is retiring. The problems have led to multiple groundings for safety issues and more than $31 billion in cumulative losses. But it comes in the face of widespread criticism of the company by CEOs of many of the world’s major airlines Boeing depends upon to buy its planes. Any Boeing customer shifting to Airbus could find itself waiting until 2030 or beyond to get its planes delivered.

Persons: Dave Calhoun, Larry Kellner, Steve Mollenkopf, Stan Deal, Stephanie Pope, Max, Calhoun, ”, Let’s, “ I’ve, Boeing won’t, Michael O’Leary, O’Leary, Scott Kirby, Ben Minicucci, Dennis Muilenburg, Muilenburg, Calhoun’s Organizations: New, New York CNN, Boeing, Qualcomm, Alaska Airlines, Max, CNBC, Alaska Air, ” Airlines, Ryanair, Europe’s, CNN, ”, ” United Airlines, United, Airbus, Virgin America Locations: New York, Alaska, ” United

Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shakeup for the embattled aerospace giant. Chairman of the board Larry Kellner is also resigning and will leave the board at Boeing's annual meeting in May. And Stan Deal, president and CEO of Boeing Commercial Airplanes, is leaving the company effective immediately. Scrutiny intensified after a Jan. 5 accident, when a door plug blew out of a nearly new Boeing 737 Max 9, minutes into an Alaska Airlines flight.

Persons: Dave Calhoun, Sen, Mark Warner, Larry Kellner, Steve Mollenkopf, Stan Deal, Stephanie Pope, Kellner, Calhoun, Dennis Muilenburg Organizations: Capitol, Boeing, Boeing Global Services, Alaska Airlines Locations: Washington , DC

☆ Boeing needs to get act together amid CEO shake-up, says Allied Pilots Association's Dennis Tajer
▼ + stars: | 2024-03-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing needs to get act together amid CEO shake-up, says Allied Pilots Association's Dennis TajerHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Association's Dennis Tajer, Brian Sullivan, “ Organizations: Boeing, Allied, CNBC

☆ A Timeline of Dave Calhoun’s Rocky Tenure at Boeing
▼ + stars: | 2024-03-25 | by ( Santul Nerkar | ) www.nytimes.com time to read: +1 min

When Boeing named Dave Calhoun its chief executive in 2019, his mandate was clear: to navigate the company out of a reputational crisis after a pair of deadly crashes on its planes. But on Monday, Boeing announced that Mr. Calhoun would depart at the end of 2024 as the company tries to manage another safety crisis. Max planes were grounded after those crashes. A week before the company announces Mr. Calhoun’s new role, Boeing says that it is suspending global production of the Max. It had already cut production to 42 planes per month from 52.

Persons: Dave Calhoun, Calhoun, Calhoun’s, Dennis A, Max Organizations: Boeing, Boeing Max

Boeing CEO David Calhoun will step down from the embattled plane maker at the end of the year as part of a broad management shakeup Monday after a series of mishaps at one of America's iconic manufacturers. Stephanie Pope, the company's chief operating officer for less than three months, has taken over leadership of the key division. Boeing has been under intense pressure since early January, when a panel blew off a brand-new Alaska Airlines 737 Max. Airline executives have expressed their frustration with the company, and even minor incidents involving Boeing jets have attracted extra attention. Pope, 51, was promoted to Boeing chief operating officer only in January.

Persons: David Calhoun, Stan Deal, Stephanie Pope, Lawrence Kellner, Calhoun, ”, Max, “, ” Calhoun, Dennis Muilenburg, Brian West, Steven Mollenkopf, Jason Gursky, Pope, Gursky, Richard Aboulafia, Patrick Shanahan —, Trump, AeroSystems, ” Cai von Rumohr, Cowen, Michael O’Leary, he’s, Michelle Chapman Organizations: Qualcomm, Boeing, Alaska Airlines, Max, Federal Aviation Administration, FAA, Citi, U.S, Defense, Irish, Ryanair, ”, Boeing Co, AP Locations: Seattle, Indonesia, Ethiopia, Arlington , Virginia, Alaska, Calhoun, New York

☆ Republican leaders are worried that basic income programs will give Democrats an edge during the election
▼ + stars: | 2024-03-24 | by ( Katie Balevic | ) www.businessinsider.com time to read: +4 min

Members of the GOP have expressed their opposition to the guaranteed basic income programs that are popping up in cities and counties nationwide. Guaranteed basic income programs grant select participants cash with no strings attached for a period of time. They are a more targeted version of universal basic income programs, which grant funds to an entire population. In Hudson, a town of about 6,000 people, a privately funded basic income program grants recipients $500 monthly for five years. Even so, some experts say guaranteed basic income won't make it on the federal level because of ongoing problems with existing programs, such as Supplemental Security Income.

Persons: —, Ronald Reagan, Kamal Johnson, Johnson, Steve Holt, Skyler Wheeler, Holt, Donald Trump, Trump, Dennis Culhane Organizations: Service, GOP, Republican, Street Journal, Business, Democratic, University of Pennsylvania Locations: Hudson , New York, Hudson, Texas , Arizona , Iowa, South Dakota, Iowa

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