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☆ Bangladesh floods: Nearly 2 million people stranded as devastating floods hit northeast
▼ + stars: | 2024-06-22 | by ( Helen Regan | ) edition.cnn.com time to read: +6 min

CNN —Extensive flooding has stranded about 1.8 million people in northeast Bangladesh, following weeks of heavy rains that have submerged homes and devastated farmland, according to state media and humanitarian agencies. There is concern for those trapped by floodwaters who now face food shortages and a lack of clean water, according to local media. A mother holds her son in front of her house in floodwater on June 20, 2024 in Sylhet, Bangladesh. Salahuddin Paulash/Drik/Getty ImagesDensely populated and low-lying Bangladesh is prone to seasonal rains, flooding and cyclones. People move their belongings through a flooded street in Sylhet, Bangladesh, on June 20, 2024.

Persons: Bangladesh Sangbad, Sunamganj, ” Sheldon Yett, Salahuddin Paulash, ”, Sultana Begum, ” Hasan Sarwar, Syed Mahamudur Rahman Organizations: CNN, Bangladesh, Bangladesh Sangbad Sangstha, Water Development, Villagers, United Nations, Children’s Fund, UNICEF, UNICEF Representative, World Bank, Remal, Bangladesh’s Ministry of Disaster Management, Bangladesh Water Development Locations: Bangladesh, Sylhet, India, floodwater, Asia, Myanmar, Cox’s Bazar, Assam

☆ A Southwest flight dropped to just 525 feet above an Oklahoma town, prompting an altitude warning and FAA investigation
▼ + stars: | 2024-06-22 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

A Southwest Airlines flight dropped to just 525 feet above the ground on Wednesday. The incident prompted an altitude warning and an FAA investigation. A Southwest flight dropped dangerously low off the coast of Hawaii in April. AdvertisementA Southwest Airlines flight dropped dangerously low over an Oklahoma town while preparing to land on Wednesday. The Federal Aviation Administration is investigating Southwest Flight 4069 after the aircraft descended to just 525 feet above the ground, the agency said this week.

Persons: —, Will Organizations: Southwest Airlines, FAA, Service, Airlines, Federal Aviation Administration, Southwest, Will Rogers, Airport, Business Locations: Hawaii, Oklahoma, Oklahoma City

☆ FDA OKs first menthol e-cigarettes, citing potential to help adult smokers
▼ + stars: | 2024-06-21 | by ( ) www.cnbc.com time to read: +3 min

The Food and Drug Administration on Friday authorized the first menthol-flavored electronic cigarettes for adult smokers, acknowledging that vaping flavors can reduce the harms of traditional tobacco smoking. The FDA said it authorized four menthol e-cigarettes from Njoy, the vaping brand recently acquired by tobacco giant Altria , which also sells Marlboro cigarettes. "This decision could mean we'll never be able to close the Pandora's box of the youth vaping epidemic," said Meredith Berkman, co-founder of Parents Against Vaping E-cigarettes. Njoy is one of only three companies that previously received FDA's OK for vaping products. Altria's data showed Njoy e-cigarettes helped smokers reduce their exposure to the harmful chemicals in traditional cigarettes, the FDA said.

Persons: Meredith Berkman, Vaping, —, vaping, Vuse, Matthew Farrelly Organizations: Drug Administration, FDA, Marlboro, Parents, Nielsen, Reynolds American, FDA's Center for Tobacco Products Locations: U.S

☆ IRS to reject billions of dollars in ‘improper’ pandemic-era small business tax credit claims
▼ + stars: | 2024-06-21 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Danny Werfel, IRS commissioner, speaks after being ceremonially sworn in at the IRS headquarters in Washington on April 4, 2023. The IRS will deny billions of dollars' worth of claims for a pandemic-era tax break while working to process lower-risk filings, the agency said on Thursday afternoon. Enacted to support small businesses during the Covid-19 pandemic, the employee retention credit, or ERC, is worth thousands of dollars per eligible employee. However, the agency stopped processing new filings in September amid a surge of "questionable claims," the IRS said in a news release. Overall, compliance efforts for erroneous ERC claims have topped more than $2 billion since last fall, the IRS said.

Persons: Danny Werfel, Xers, Werfel Organizations: IRS, ERC, Finance, Social Security Locations: Washington

☆ Jeff Bezos is under fire at the Washington Post as patience wears thin among staffers
▼ + stars: | 2024-06-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —When will Jeff Bezos actually address the upheaval roiling his newsroom? “Will Lewis needs to step down for the good of The Post and the public,” wrote Higham on Facebook. But surely the billionaire understands the dire situation gripping The Post. Staffers at The Post are very much waiting for Bezos to take some meaningful form of action. In the absence of Bezos, the stories raising questions about Lewis’ ethical integrity keep coming.

Persons: Jeff Bezos, Will Lewis, Bezos, Lewis, Robert Winnett, David Maraniss, doesn’t, Scott Higham, Lewis ’, “ Will Lewis, ”, Higham, it’s, He’s, Boris Johnson, Johnson Organizations: New York CNN, Washington Post, The, Facebook, CNN, Financial Times, New York Times Locations: New York, Higham

☆ Consensys' head of litigation provides new details after SEC closes probe into crypto firm
▼ + stars: | 2024-06-21 | by ( Talia Kaplan | Kaan Oguz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsensys' head of litigation provides new details after SEC closes probe into crypto firmLaura Brookover, head of litigation & investigations at Consensys, provides new details after Consensys says the SEC closed its investigation into Ethereum 2.0 and the crypto firm itself. She also explains whether the crypto firm still plans to pursue its lawsuit against the agency.

Persons: Laura Brookover, Consensys Organizations: SEC

☆ For the Price of a Police Helicopter, New York Could Save the Arts
▼ + stars: | 2024-06-21 | by ( Ginia Bellafante | ) www.nytimes.com time to read: +2 min

The multiplier effect of culture in New York is huge both in economic and human terms. But arts funding does not consistently rise to meet it. From one vantage, the city’s cultural funding can look robust. Over the past decade, the money allocated to the Department of Cultural Affairs has increased considerably, as City Hall officials will point out. And at any rate, between 2023 and 2024, the overall budget decreased by $7 million to $241 million, as the migrant crisis required cuts across municipal divisions.

Persons: Mark Morris’s, Burt Bacharach, Shakespeare, Kathleen Chalfant Organizations: Broadway, Brooklyn Academy of Music, Department of Cultural Affairs, City Locations: New York, America, Forest Hills, Queens

☆ Education Department looks to expand Public Service Loan Forgiveness eligibility
▼ + stars: | 2024-06-21 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

The U.S. Department of Education may extend the eligibility of a popular student loan forgiveness program to early childhood educators. The agency on Thursday announced that it was issuing a request for information on potentially broadening the Public Service Loan Forgiveness program to include workers in early childhood education settings, many of whom report low wages. "Early childhood educators help young children learn, grow, and thrive," said U.S. "If these educators can access Public Service Loan Forgiveness, we can help our youngest children, their families, and their communities." Including early childhood educators would likely expand the reach of the program to at least some for-profit employers.

Persons: Education James Kvaal, Kvaal, George W, Bush, Xers, Mark Kantrowitz Organizations: U.S . Department of Education, Education, Finance, Trump, Education Department

What's next: Media Matters filed a motion to dismiss Musk's lawsuit in March, but a judge has yet to rule. VCG/GettyGovernment lawsuits and investigationsSEC investigation into Musk's Twitter takeoverThe issues: The Securities and Exchange Commission is investigating Elon Musk's Twitter purchase. Matt Winkelmeyer/Getty ImagesPersonal lawsuits against MuskTornetta v. MuskThe issues: Tesla shareholder Richard Tornetta sued Musk and Tesla in a class action lawsuit regarding Musk's compensation package, which was worth $55.8 billion at the time. Several lawsuits also allege Musk discriminated against them because of their race, gender, or disability in choosing to fire them. The executives were set to receive golden parachutes, but claim Musk and X have not paid them out.

Persons: —, Elon Musk, Musk, Claire Boucher, Grimes, Alex Spiro, Sam Altman, Donald Trump, Spiro, Anna Webber, Angelo Carusone, What's, Gina Carano, Schaerr Jaffe, Tesla, Musk's, Elon, SEC hasn't, Elon Musk's, who've, Owen Diaz, Matt Winkelmeyer, Richard Tornetta, Kimbal Musk, He's, Boucher, Benjamin Brody, Brody, Brody reverberated, Ben Brody, didn't, Robert Kaiden, Kaiden, he's, Agrawal, Parag Agrawal, Ned Segal, Twitter Vijaya Gadde, Sean Edgett, Segal, hadn't Organizations: Service, SpaceX, Business, OpenAI, SEC, Trump, Trump —, Elon, Variety, Media, X Corp, Disney, National Labor Relations Board, UAW, Tesla, Getty Government, Twitter, Securities, Exchange Commission, Justice Department, Reuters, Traffic, Administration, NHTSA, Apple, NLRB, Musk's SpaceX, US, Employment Opportunity, Musk, Nazi, Litigation Locations: Texas, Texas and Missouri, America, Nazi Germany, California, Delaware, San Francisco

☆ Cruise ship rescues 68 migrants drifting off Spain’s Canary Islands
▼ + stars: | 2024-06-20 | by ( Sharon Braithwaite | ) edition.cnn.com time to read: +2 min

CNN —A luxury cruise ship rescued 68 migrants drifting off the Spanish Canary Islands on Wednesday, Spain’s maritime rescue agency said in a statement on X. On Thursday, Insignia’s crew reported that one of the rescued migrants was in critical condition and needed to be evacuated. “We can confirm that Insignia rescued 68 people from a vessel in distress between Cape Verde and Tenerife and bought them onboard for medical assistance and provided food, drinks, clothing and a safe place to rest. Data from Spain’s Interior ministry show a drastic increase of the number of migrants arriving by sea, especially to the Canary Islands. Of those, 18,977 have arrived to the Canary Islands by sea — an increase of 220.9% compared to the same period last year.

Persons: Philipp Oldendorff, Insignia’s, Caminando Fronteras Organizations: CNN, Maritimo, Oceania Cruises, “, ” Locations: Islands, Tenerife, Sahara Africa, Cape Verde, Canary, Spain, Spanish

☆ The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues
▼ + stars: | 2024-06-20 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

The national debt will keep soaring over the next 10 years, according to the CBO. The agency estimates the national debt will rise to $56 trillion by 2034. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe US's $34 trillion debt mountain isn't shrinking anytime soon. The latest estimates reflect a steeper pace of government borrowing than predicted in the previous quarter.

Persons: — Organizations: CBO, Service, Congressional, Office

☆ Kaspersky: Biden administration bans Americans from using Russian-made cybersecurity software over national security concerns
▼ + stars: | 2024-06-20 | by ( Zachary Cohen | Sean Lyngaas | ) edition.cnn.com time to read: +4 min

CNN —The Biden administration is taking the unprecedented step of banning US companies and citizens from using software made by a major Russian cybersecurity firm because of national security concerns, Commerce Department Secretary Gina announced Thursday. Thursday’s announcement comes after CNN reported in April that the Biden administration was preparing to issue an order that would prevent US companies and citizens from using Kaspersky software. US government agencies are already banned from using Kaspersky Lab software, but action to prevent private companies from using the software is unprecedented. Founded in Moscow in 1997, Kaspersky Lab grew into one of the world’s most successful anti-virus software companies alongside American rivals like McAfee and Symantec. Some of the speculation and suspicion from US officials about the Russian company centers around Eugene Kaspersky, a charismatic computer expert who co-founded Kaspersky Lab in Moscow in 1997.

Persons: CNN —, Biden, Gina, Joe Biden, Donald Trump, ” Raimondo, “ We’re, Kaspersky, Raimondo, we’ve, Russian government’s, Eugene Kaspersky, ” Kaspersky Organizations: CNN, Commerce, Commerce Department, Kaspersky, McAfee, Symantec, Lab, —, Russian Ministry of Defense, West Locations: Russian, United States, Russia, Moscow, Israel, Eugene, Ukraine

☆ Killer of 2 Women in National Park in 1996 Has Been Identified, F.B.I. Says
▼ + stars: | 2024-06-20 | by ( Orlando Mayorquín | ) www.nytimes.com time to read: +1 min

It took the authorities one week to find the bodies of Julianne Williams and Laura Winans near their campsite at a national park in Virginia in 1996 after their family reported them missing. But it would take nearly three decades for the authorities to identify the person they believe killed them. “I want to again extend my condolences to the Winans and Williams families and hope today’s announcement provides some small measure of solace.”An F.B.I. It re-examined previous leads and interviews and evidence recovered from the site of the killings. Investigators submitted some of the evidence for DNA testing and found a match to Mr. Jackson’s DNA, the agency said.

Persons: Julianne Williams, Laura Winans, Walter Leo Jackson Sr, “, Lollie Winans, Julie Williams, ” Christopher R, Kavanaugh, Winans, Williams, Jackson’s Locations: Virginia, Richmond, Ohio, Shenandoah, U.S

☆ These 4 US regions will see electricity bills increase the most this summer
▼ + stars: | 2024-06-20 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The average monthly US electricity bill this summer will be 3% higher than last year, the EIA says. AdvertisementThe possibility of a warmer-than-typical summer will make energy prices higher, the US Energy Information Administration said in a new report. The EIA finds that the average US electricity bill from June through August will be $173, a 3% climb over last year. The biggest dollar-amount increase will be seen in Mid-Atlantic states, where the average bill will rise by $14, the EIA said. In September, a Texas heat wave sent spot electricity prices up 20,000% and caused the state's grid operator to issue an emergency.

Persons: —, it's Organizations: EIA, Service, US Energy Information Administration, East South Central, East, Energy Information Administration, Utilities, West South Central, West Locations: New England, Pacific, East, East North Central, America, West South Central, Texas

☆ I.R.S. Extends Freeze of Pandemic-Era Tax Credit Amid Widespread Fraud
▼ + stars: | 2024-06-20 | by ( Alan Rappeport | ) www.nytimes.com time to read: +1 min

The Internal Revenue Service is expanding its efforts to crack down on fraud in a pandemic-era tax credit program following an internal analysis that found a majority of outstanding claims appeared to be improper. The original program, which was expanded in 2021, was projected to cost the federal government $55 billion over a decade. had received nearly four million applications and had paid out $230 billion in employee retention refunds. It currently has a backlog of 1.4 million claims. commissioner, warned that the agency’s enforcement teams are scrutinizing claims closely and investigating illicit tax preparation companies that have been encouraging ineligible taxpayers to apply.

Persons: Daniel Werfel Organizations: Internal Revenue Service

☆ In 'Operation Endgame,' global law enforcement teamed up in their biggest battle against hackers. It's a start.
▼ + stars: | 2024-06-19 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. 'Largest ever operation against botnets'Europol called the sting the "largest ever operation against botnets, which play a major role in the deployment of ransomware." As part of the operation, the law enforcement agencies shut down at least four malware groups or "droppers" known as "IcedID," "Smokeloader," "Pikabot," and "Bumblebee." Mitrano said "Operation Endgame," is a "very important first step, but we have to keep going." AdvertisementThe "biggest problem" in the malware world, according to Holt, is that there is always a different iteration of malware on the horizon.

Persons: —, Adam Wandt, John Jay, botnets, Europol, Christopher Wray, alarmingly, Wandt, Ransomware, Tracy Beth Mitrano, it's, Mitrano, Thomas Holt, cybercrime, Holt, Cybercriminals, Wray, borderless cybercrime Organizations: Service, Business, European Union, FBI, cybercrime, New, John, John Jay College of Criminal, botnets, Cornell University, of Criminal Justice, Michigan State University Locations: Ukraine, Armenia, Europe, cryptocurrency, United States, Holt, ransomware

☆ The Supreme Court’s approach on ‘history and tradition’ is irking Amy Coney Barrett
▼ + stars: | 2024-06-19 | by ( Devan Cole | John Fritze | ) edition.cnn.com time to read: +10 min

Though Justice Clarence Thomas’ decision in a major trademark case last week was unanimous, it prompted a sharp debate led by Justice Amy Coney Barrett over the use of history to decide the case. “There definitely is the potential formation here of an alternative or several alternative approaches to history that ultimately draw a majority,” Wolf said. “What we could be seeing is a more nuanced approach to using that history,” said Elizabeth Wydra, president of the progressive Constitutional Accountability Center. But in a striking concurrence that captured support from both liberal and conservative justices, Justice Elena Kagan asserted that the court’s historic analysis need not end with the late-18th century. Barrett’s concurrence said the dispute could have been dealt with based on the court’s past precedent with trademark law and stressed that just leaning on the nation’s trademark history wasn’t good enough.

Persons: Clarence Thomas ’, Amy Coney Barrett, Barrett, Thomas, “, ”, Tom Wolf, Brennan, ” Wolf, Trump, Thomas ’, Antonin Scalia, Elizabeth Wydra, ” Wydra, Ilya Somin, there’s, Bruen, Sonia Sotomayor, … Bruen, –, Elena Kagan, Kagan, Brett Kavanaugh, Sotomayor –, Wolf, Roe, Wade, Vidal, . Elster, Sotomayor, ” Thomas, Kavanaugh, John Roberts, Samuel Alito, Neil Gorsuch, Ketanji Brown Jackson, Barrett’s Organizations: Washington CNN, Brennan Center for Justice, New York, Trump, George Mason University, “, Inc, CNN, Consumer Financial Protection Bureau Locations: New, Bruen, United States

☆ Supreme Court Ruling on Bump Stocks Could Open Door to More Lethal Weapons
▼ + stars: | 2024-06-19 | by ( Jack Healy | ) www.nytimes.com time to read: +1 min

Bump stocks were banned by the Trump administration after that mass shooting. But when the Supreme Court last week struck down that ban, which had been a rare victory for gun-safety advocates in recent years, it had the potential to open the door not just to bump stocks. The devices are replacement triggers known as “forced-reset triggers” or “wide-open triggers” that allow shooters to fire more than 900 rounds in a minute with one continuous squeeze, federal officials say. In March 2022, four years after the ban on bump stocks was issued, the Bureau of Alcohol, Tobacco, Firearms and Explosives also imposed restrictions on some of these trigger devices. The agency said in a letter at the time that the devices effectively turned semiautomatic weapons into prohibited machine guns.

Persons: Trump, Biden’s Organizations: Alcohol, Tobacco, Firearms, Explosives Locations: Las Vegas

☆ Swiss regulator rules out UBS antitrust action over Credit Suisse deal
▼ + stars: | 2024-06-19 | by ( ) www.cnbc.com time to read: +2 min

Switzerland's financial regulator ruled on Wednesday that the UBS takeover of Credit Suisse did not create any competition concerns, despite recommendations from the country's antitrust watchdog that it merited further scrutiny. "The merger of UBS and Credit Suisse will not eliminate effective competition in any market segment," Swiss financial regulator FINMA said in a statement. UBS said it will continue to implement its integration of Credit Suisse after FINMA's report. It also narrowed the financing options for the country's high-cost, export-orientated companies, especially with Credit Suisse seen as the bank which supported entrepreneurs. "When I look at the discussion after Credit Suisse's rescue by UBS, I see more fear than courage," he said in Lucerne.

Persons: FINMA, Sergio Ermotti Organizations: UBS, Credit Suisse Locations: Switzerland, Swiss, Lucerne

☆ Amid Military Recruitment Challenges, Congress Debates Changes to the Draft
▼ + stars: | 2024-06-19 | by ( Robert Jimison | ) www.nytimes.com time to read: +1 min

The United States military has not activated a draft in more than 50 years, but Congress is weighing proposals to update mandatory conscription, including by expanding it to women for the first time and automatically registering those eligible to be called up. The proposals making their way through the House and Senate stand a slim chance of becoming law, and none would reinstate the draft compelling service right away. But the debate over potential changes reflects how lawmakers are rethinking the draft at a time when readiness issues have risen to the fore and as the Pentagon is facing recruitment challenges amid a raft of risks and conflicts around the world. At the same time, a Senate committee last week approved a version of the Pentagon policy bill that would expand the registration requirement to women. Senator Jack Reed, Democrat of Rhode Island and the chairman of the panel, has championed the draft parity proposal.

Persons: Jack Reed Organizations: United States, Senate, Pentagon, Democrat, Selective Service Locations: Rhode Island, Vietnam

☆ A Deadly Toll as an Intense Heat Grips Saudi Arabia
▼ + stars: | 2024-06-19 | by ( Cassandra Vinograd | ) www.nytimes.com time to read: 1 min

Dozens of people have died amid scorching temperatures during the annual hajj pilgrimage to the holy city of Mecca in Saudi Arabia, according to reports from official media in Europe, the Middle East and Africa. With forecasts saying that temperatures would top 113 degrees Fahrenheit, or 45 degrees Celsius, on Tuesday, Saudi officials issued advisories to pilgrims urging them to stay hydrated, minimize outdoor activities, and carry umbrellas to block direct sunlight. While Saudi Arabia had not reported deaths, news reports from a number of countries whose faithful went to the hajj suggested that the heat had proven deadly. On Sunday, Jordan’s official news agency said that 14 pilgrims had died from exposure to extreme sun and heat. On Wednesday, the agency said that burial permits had been issued for 41 Jordanian pilgrims in Mecca, but did not provide details on the causes of death.

Organizations: Saudi Locations: Mecca, Saudi Arabia, Europe, East, Africa

☆ Advertising is now a 'meritocracy' in the wake of social media, Resy co-founder Gary Vaynerchuk says
▼ + stars: | 2024-06-19 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Social media algorithms have led to a more meritocratic advertising landscape that the industry has been slow to catch up with, according to VaynerMedia CEO Gary Vaynerchuk. "The social media I grew up with... it was more like email marketing," the agency executive told CNBC's Tania Bryer at the Cannes Lions festival, a major fixture in the advertising world's calendar. Vaynerchuk co-founded restaurant booking platform Resy and was an early investor in the X social media platform, formerly known as Twitter. "Now we live in a world of social media over the last two, three years, five years, where the AI algorithms that give you the For You page, the content is finding the audience." "For You" is a feature of Chinese-owned social media app TikTok which serves a scrollable stream of videos based on trending content and on users' past usage of the app.

Persons: Gary Vaynerchuk, CNBC's Tania Bryer, Vaynerchuk Organizations: Cannes Lions

☆ The US military is 'alarmingly slow' at delivering new weapons, making it tougher to keep its edge against top threats, watchdog finds
▼ + stars: | 2024-06-18 | by ( Ella Sherman | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Department of Defense continues to struggle to quickly deliver new technologies, a watchdog agency argued in a new report published Monday. Additionally, the Department of Defense's acquisition programs have had difficulties hiring and retaining a sufficient workforce, especially in software-focused fields. And "Russia is increasing its military capability and seeks to expand control over portions of the former Soviet empire." Advertisement"DOD concurred with the software workforce recommendations and partially concurred with the remaining recommendation," the agency said.

Persons: — Organizations: Service, of Defense, DOD, Office, Business, Pentagon, GAO, US Navy, Department of Defense, Department of Locations: China, Russia, Soviet

☆ Forecast: Very hot. What your employer should be doing to protect you on high-heat days
▼ + stars: | 2024-06-18 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

Along with stifling days comes the risk of developing dangerous heat-related conditions, such as dehydration, heat stress, heat exhaustion, heat stroke and other hazards. What responsibilities does your employer have to prevent you from suffering a heat-related illness? While some states have specific laws governing occupational heat exposure, there is no heat-specific federal regulation mandating how employers must prevent heat illness in the workplace. They recommend companies:Have a heat illness prevention plan. Monitor workers for signs and symptoms of heat illness.

Persons: ”, Jason Krasno, “, they’ve, Alka Ramchandani, Raj Organizations: New, New York CNN, Safety, Health Administration, OSHA, National Institute for Occupational Safety, Health Locations: New York, North America, Montpelier , Vermont, Syracuse , New York, Pittsburgh, Krasno, OSH

☆ Boeing CEO heads to Senate hearing over safety and manufacturing crises
▼ + stars: | 2024-06-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +4 min

Dave Calhoun, CEO of Boeing, leaves a meeting with Sen. Dan Sullivan, R-Alaska, in Hart Building, on Wednesday, January 24, 2024. Calhoun was meeting with senators about recent safety issues including the grounding of the 737 MAX 9 planes. Boeing CEO Dave Calhoun will testify before a Senate panel on Tuesday about the company's safety and manufacturing crises after a door panel blew out of a nearly new 737 Max 9 jet in January. Last month Boeing pointed to a host of other changes to encourage workers to speak up about problems in its factories after several whistleblowers raised concerns about quality issues and retaliation. Spirit AeroSystems , a major supplier for both Boeing and Airbus, said last week that titanium entered the supply chain with falsified documents.

Persons: Dave Calhoun, Sen, Dan Sullivan, Calhoun, We've, Max, Richard Blumenthal, Conn, Mike Whitaker, Whitaker, AeroSystems Organizations: Boeing, Investigations, Justice Department, Alaska Airlines, Federal Aviation Administration, FAA, Southwest Airlines, United Airlines, Airbus Locations: Alaska, Hart, U.S

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