Boeing's new CEO Calhoun has little margin for error in 737 Max scandal

Boeing’s new CEO Calhoun has little margin for error in 737 Max scandal

Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing’s new CEO, Dave Calhoun, has a daunting to-do list when he takes the reins at the company’s Chicago headquarters on Monday: improving the plane-maker’s strained relationships with regulators and airline customers, winning back public trust and getting the 737 Max — grounded for almost a … Read more…

Iran leaders face uproar after missile error that caused plane crash

Iran leaders face uproar after missile error that caused plane crash

Search and rescue works are conducted at site after a Boeing 737 plane belonging to a Ukrainian airline crashed near Imam Khomeini Airport in Iran just after takeoff with 180 passengers on board in Tehran, Iran on January 08, 2020. Fatemeh Bahrami | Anadolu Agency | Getty Images Iran’s clerical rulers risk a legitimacy crisis … Read more…

Iran missiles appear to have shot down Ukraine-bound Boeing airliner

Iran admits shooting down Ukrainian airliner, blames ‘human error’

Aircraft parts from the wreckage of a Boeing Co. 737-800 aircraft, operated by Ukraine International Airlines, which crashed shortly after takeoff lie on the ground near Shahedshahr, Iran, on Wednesday, Jan. 8, 2020. Ali Mohammadi/Bloomberg via Getty Images ABU DHABI, United Arab Emirates — Iran’s armed forces early Saturday morning announced its military’s role in … Read more…

Fixing repo market 'trial and error' process, former Fed official says

Fixing repo market ‘trial and error’ process, former Fed official says

The Federal Reserve may need to continue its efforts to calm the overnight lending market in the new year, former Atlanta Fed president Dennis Lockhart told CNBC on Friday. The market, which banks use to fill short-term funding needs, suffered a sharp rise in rates in September. Lockhart said on CNBC’s “Squawk on the Street” … Read more…