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☆ Boeing CEO Kelly Ortberg says the company's staff 'spend more time arguing' than strategizing about how to beat Airbus: report
▼ + stars: | 2024-11-21 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

The CEO also spoke with President-elect Donald Trump about the impact of his potential tariffs. Boeing's CEO Kelly Ortberg has a stern warning for his staff — stop squabbling and get to work. During the meeting, Ortberg also told staff not to "sit at the water cooler and bitch about people," per The WSJ's transcription of the recording. AdvertisementThe WSJ also reported that Ortberg has spoken with President-elect Donald Trump about the impact of potential tariffs on Boeing. Ortberg told staff that a potential trade war with China might impact the company's plane exports to Chinese airlines.

Persons: Kelly Ortberg, Ortberg, Donald Trump Organizations: Airbus, WSJ, Boeing, Business Insider, Trump, Seattle Times, Society of Professional Engineering Employees, Aerospace, . Aviation, Avia Solutions, Max Locations: Boeing's hourlong, China, Washington, Oregon

☆ Boeing prepares layoff notices for thousands of workers as turmoil deepens
▼ + stars: | 2024-10-15 | by ( ) www.nbcnews.com time to read: +5 min

While Su has previously spoken with Boeing and the striking West Coast factory workers’ union, it is her first time in Seattle meeting both sides in person. Roughly 33,000 workers have been on strike since Sept. 13, seeking a 40% wage increase over four years. Boeing will next month send out 60-day notices to thousands of workers including many in its commercial aviation division, meaning those staff will leave the company in mid-January, one source familiar with the matter said. A Boeing spokesperson said the company had shared information with managers including plans for 10% reductions at its commercial unit involving both union and non-union workers. “Boeing just turned its back on 17,000 of its own workers — the same people who carried Boeing through crisis after crisis, year after year,” he said in a statement.

Persons: Julie Su’s, Su, Jon Holden, ”, Brian Bryant, Nick Cunningham, Tim Clark, “, ” Clark Organizations: Boeing, Labor, Department of Labor, International Association of Machinists, Aerospace Workers, ” Boeing, White, Society of Professional Engineering Employees, Aerospace, Rivals, Partners, Alaska Airlines, Emirates, Air Locations: U.S, Seattle, West Coast

☆ Washington Post CEO Will Lewis faced with new allegations of phone hacking
▼ + stars: | 2024-06-16 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +6 min

Citing a former co-worker of Lewis’, a private investigator and its own investigation of newspaper archives, the New York Times said Lewis used phone and company records that were “fraudulently obtained” through hacking and paying sources for information. A spokesperson for the Washington Post told CNN Lewis declined to comment. The Washington Post did not respond to CNN with regard to these allegations. “It’s as bad as I’ve ever seen it, truly,” one staffer said earlier this month, noting that the Washington Post has hit “rough patches” before but that the stormy atmosphere hanging over the outlet is unprecedented. In an opinion piece for the Guardian on Wednesday, Sullivan wrote that firing Lewis and finding a new CEO is “the cleanest, best move” Washington Post owner Jeff Bezos could make.

Persons: Will Lewis, Lewis ’, Lewis, “, Margaret Sullivan, Craig Newmark, Sally Buzbee, CNN Lewis, Rupert Murdoch’s, Prince Harry, Guy Ritchie, Hugh Grant, Buzbee, ”, “ It’s, Sullivan, Jeff Bezos, Bezos, — Organizations: New, New York CNN, New York Times, Times, Craig Newmark Center for Journalism, Columbia University’s School of Journalism, CNN, of Professional Journalists, Washington Post, Washington, Murdoch’s News Corporation, NPR, The Washington Post, Guardian, ” Washington Post Locations: New York, Washington, London

☆ Boeing investigation: Labor complaint reveals allegations of company’s retaliation against two workers
▼ + stars: | 2024-04-23 | by ( Ross Levitt | Pete Muntean | ) edition.cnn.com time to read: +3 min

The union says it is trying to appeal a decision not to change the performance evaluation of one of the workers. Boeing says the investigation was part of a confidential process and that the report could only be shared with the FAA. The complaint filed on behalf of the two engineers involves a different issue— the onboard computer networks on the planes. The union says Boeing managers “strongly objected” to rerunning calculations regarding the systems based on new assumptions, citing cost and production delays, but that Boeing ultimately agreed. Boeing re-did the required analysis,” the press release says.

Persons: “, SPEEA, ”, Sam Salehpour, Rich Plunkett Organizations: CNN, Boeing, Federal Aviation Administration, Society of Professional Engineering Employees, Aerospace, National Labor Relations, Boeing’s, FAA, ” Boeing, Strategic

☆ Stephanie Armour — Senior Special Writer, Healthcare Policy at The Wall Street Journal
▼ + stars: | 2023-12-02 | by ( Stephanie Armour | ) www.wsj.com time to read: +1 min

Stephanie ArmourStephanie Armour is a senior special writer for health policy at The Wall Street Journal, where she covers such topics as the Covid-19 pandemic, the Affordable Care Act, Medicaid and Medicare, congressional health legislation, the opioid epidemic, and state health initiatives. A reporter for more than two decades, she has produced award-winning investigative projects on subjects including food safety, body brokering, and human trafficking. Stephanie also has written for Bloomberg and Bloomberg Businessweek, USA Today, The Des Moines Register, and The Daily Tribune in Ames, Iowa. Her journalism awards include a First Place Headliner Award from the Press Club of Atlantic City, a First Place Sigma Delta Chi Award from the Society of Professional Journalists and a First Place in Consumer Journalism Award from the National Press Club. She lives in Washington D.C. and has a degree in English from the University of Minnesota.

Persons: Stephanie Armour Stephanie Armour, Stephanie Organizations: Wall Street, Affordable, Bloomberg, Bloomberg Businessweek, USA, Des Moines Register, The Daily Tribune, Press, Sigma Delta Chi, Society of Professional Journalists, Consumer, National Press, Washington D.C, University of Minnesota Locations: Ames , Iowa, Atlantic City, Washington

☆ ECB rates to stay unchanged for next few quarters -Villeroy
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsLONDON, Nov 20 (Reuters) - The European Central Bank's interest rates have reached a plateau where they will likely remain for the next few quarters, ECB policymaker Francois Villeroy de Galhau said on Monday, dismissing rate cut talk as premature. The ECB broke a streak of 10 consecutive hikes last month by holding rates steady, prompting investors to turn their attention to when rate cuts could come. The ECB aims to steer euro zone inflation towards its 2% target by 2025, though Villeroy insisted the number was an average and he was not fixated on hitting 2.0% precisely. Euro zone inflation has fallen quickly in recent months as the economy has slowed, though Villeroy said a recession could be avoided and a "soft landing" seemed more likely. ($1 = 0.9168 euros)Reporting by David Milliken, writing by Leigh Thomas, editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Francois Villeroy de Galhau, Sarah Meyssonnier, Villeroy, David Milliken, Leigh Thomas, Christina Fincher Organizations: France, Bank of France, REUTERS, ECB, Society of Professional, Thomson Locations: Paris, France, French, London, Gaza, Israel

☆ Ruth Simon — Senior special writer at The Wall Street Journal
▼ + stars: | 2023-11-14 | by ( Ruth Simon | ) www.wsj.com time to read: +1 min

Ruth SimonRuth Simon is a New York-based reporter for The Wall Street Journal, where she covers small business and entrepreneurship. She has previously covered consumer lending, mortgages and housing, and reported for WSJ's Personal Journal and Money & Investing sections. Ms. Simon won a 2019 Best in Business Award from the Society of American Business Editors and Writers for her coverage of the impact of the labor squeeze on small business. She was part of a WSJ team that received a 2021 New York Press Club award for spot news coverage of the Paycheck Protection Program rollout. In 1995, she won the Award for Excellence in Financial Writing from the New York State Society of Certified Public Accountants.

Persons: Ruth Simon Ruth Simon, Simon, Gerald Loeb, Loeb, ” Organizations: Wall Street, Society of American Business, Writers, WSJ, New York Press, Money, Forbes Magazine, Distinguished Business, Financial, National Press Foundation, New York Newspaper Publishers Association, New York State Society of Certified Public Accountants, New York City, Society of Professional Journalists, Finance Locations: New York

☆ Preetika Rana — Technology Reporter at The Wall Street Journal
▼ + stars: | 2023-10-30 | by ( Preetika Rana | ) www.wsj.com time to read: +1 min

Preetika RanaPreetika Rana is an award-winning reporter for The Wall Street Journal in San Francisco, where she covers ride-hailing and food-delivery companies. She was the first to report a new CEO at Lyft, deep cuts at Uber during the pandemic and Airbnb's financials before the company went public. Prior to covering Silicon Valley, Preetika was based in the WSJ's Hong Kong and India offices. Her front-page articles ranging from healthcare to human rights have helped shape government policy, aided investigations and triggered public outcry. Preetika has won several awards, including from The Society of Publishers in Asia, The Society of Professional Journalists and The Asia Society.

Persons: Preetika Rana Preetika Rana, financials, Preetika Organizations: Wall Street, Uber, The Society of Publishers, The Society of Professional Journalists, The Asia Society Locations: San Francisco, Lyft, Silicon, Hong Kong, India, Kashmir, Nepal, China, Asia

Republican lawmakers filed legislation exempting release of the travel and security records after an outcry over a proposal to significantly scale back the state's Freedom of Information Act. Sanders is seeking the limits as State Police is being sued by an attorney and blogger who has accused the agency of illegally withholding records about the governor's travel and security. The newest bill also removes proposals facing opposition that would have created an attorney-client privilege exemption for state records and a change in how attorneys' fees are awarded in open records lawsuits. The legislation filed Tuesday would require State Police to file quarterly reports that identifies by month and budget category expenses for the governor’s security. It would also make the exemptions on the governor's security retroactive to June 1, 2022.

Persons: Sarah Huckabee Sanders, Sanders, Bart Hester, Donald Trump’s, Democratic Sen, Clarke Tucker, “, ” Tucker, Robert Steinbuch, William H, ” Steinbuch, ” Organizations: —, GOP, Republican, Senate Republicans, State Police, Democratic, University of Arkansas, Bowen School of, Arkansas Press Association, Society of Professional Journalists, Press Association, Arkansas Broadcasters Association, Republican Party Locations: — Arkansas, Arkansas, Little

The plan to restrict records has prompted an outcry from press groups, transparency advocates, Democrats and some conservatives who said it undermines the state’s 1967 law that protects the public’s access to government records. Opponents have also questioned the need for quickly pushing for the legislation in a special session. The bill would close off access to records that are at the center of a lawsuit an attorney and blogger has filed against the Arkansas State Police. David Couch, an attorney who has authored successful ballot initiatives on medical marijuana and the minimum wage, said earlier Monday he was working on a referendum effort on the FOI changes if they become law. A Senate committee on Monday endorsed the tax cut legislation, which calls for cutting the top individual and corporate income tax rates by .3%.

Persons: Sarah Huckabee Sanders, Sanders, “ We've, Bart Hester, Hester, “, ”, Joey McCutchen, she's, Donald Trump's, “ We’re, Matt Campbell, David Couch, I've, Couch Organizations: —, Senate, Fort, State Police, Republicans, Arkansas State Police, Arkansas Press Association, Society of Professional Journalists, Republican Party, Prosperity Locations: — Arkansas, Fort Smith, Arkansas

☆ Fox News is unlikely to face pushback from professional journalism groups after court documents revealed it lied to viewers
▼ + stars: | 2023-03-19 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

The White House Correspondents' Association doesn't police member conduct, a former board member said. A number of professional organizations told Insider that Fox News fell well short of the standards expected in the profession. "Journalism receives significant protections from the First Amendment and with those protections come profound responsibilities," McCarran told Insider. Evidence made public in Dominion's lawsuit shows how Fox employees — beyond just hosts of opinion shows — had priorities other than telling their viewers the truth. "There are left-wing publications, right-wing publications, there are government-owned publications — there's Voice of America, foreign news organizations," the former board member said. "

☆ Bank of England's Tenreyro sees rates on hold, then falling in 2024
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +2 min

"Policy would then have to loosen, perhaps in 2024, to try to prevent inflation falling below target." A majority of Tenreyro's colleagues backed a 75 basis-point hike which took Bank Rate to 3%. "Too high a path for Bank Rate therefore risks over-steering inflation below target in the medium term." But it signalled that some further increase in borrowing costs was likely to be needed to snuff out the risks of an inflation rate currently above 10%. Tenreyro said demand in Britain was likely to weaken even if energy prices fall back.

☆ Jason Gay — Sports and Humor Columnist at The Wall Street Journal
▼ + stars: | 2022-09-19 | by ( Jason Gay | ) www.wsj.com time to read: 1 min

Jason GayJason Gay is The Wall Street Journal’s sports columnist and a humor columnist for its Review section. Jason was named Sports Columnist of the Year by Society of Professional Journalists in 2010, 2016 and 2019. He is author of the upcoming book of essays, "I Wouldn't Do That If I Were Me" (Nov. 1), and the 2015 bestseller “Little Victories,” which was a finalist for the Thurber Prize for American Humor. Write to Jason at jason.gay@wsj.com, and follow him on Twitter @jasongay. Sign up to receive email alerts from Jason Gay.

☆ Elizabeth Anne Bernstein — Columnist at The Wall Street Journal
▼ + stars: | 2022-09-19 | by ( Elizabeth Anne Bernstein | ) www.wsj.com time to read: +1 min

Elizabeth Anne BernsteinElizabeth Bernstein writes the “Bonds: On Relationships” column for The Wall Street Journal, which explores social psychology and the manifold aspects of human interactions. In her column, she focuses on how we can best relate—to others and to ourselves. Ms. Bernstein has been at the Journal for more than 20 years and has previously covered higher education, philanthropy, psychology and religion at the paper, all areas in which personal relationships loom large. Ms. Bernstein received a bachelor’s degree in journalism and English from Indiana University and a master’s degree in journalism with honors from Columbia University. She has completed a Knight Science Journalism Fellowship at MIT, which focused on brain science, and a Rosalynn Carter Fellowship for Mental Health Journalism.

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