Boeing Faces Shareholders At Annual Meeting
It's the first time people have had a chance to question the company's CEO over the deadly Ethiopian Airlines and Lion Air plane crashes.
Boeing faced shareholders at an annual meeting Monday.
It's the first time people have had a chance to question the company's CEO over the Ethiopian Airlines and Lion Air plane crashes that killed 346 people. Both planes were new Boeing 737 MAX models.
Off the top, President and CEO Dennis Muilenburg addressed those crashes. Muilenburg promised that an impending software update would make the 737 MAX "one of the safest airplanes ever to fly."
Last month, the FAA tentatively rubber-stamped Boeing's software and pilot training revisions for its 737 MAX aircraft.
When asked how Boeing plans to win back the trust of customers after the crashes, the company's CEO said it has a lot of work to do, but that it's focused on the software update and fixing the safety feature that may be linked to the crashes.
Ex-FTX CEO Says He Didn't 'Knowingly' Misuse Clients' Funds
"I didn't ever want to commit fraud," Sam Bankman-Fried said amid accusations he used investors' assets in FTX to place bets in the market.By Tom Williams / CQ Roll Call via AP
You Can Win A McGold Card To Get Free McDonald's For Life
The McGold Card, which gives you free food for life, was once just for celebrities. Now, McDonald's is giving the cards away to a few lucky fans.By Jeff Roberson / AP
Bob Iger Back On Top In A Disney Plot Twist Few Saw Coming
The development comes two weeks after Disney's quarterly financial performance fell well short of Wall Street expectations on both profit and revenue.By Jordan Strauss / Invision / AP
Kirstie Alley, Emmy-Winning 'Cheers' Star, Dies At 71
Kirstie Alley died of cancer that was recently diagnosed, according to a social media post by her children.By Invision / AP
More Businesses Are Purchasing Gun Violence Liability Policies
Expert say incidents are being seen in court as less a "meteor falling from sky" and more of something that companies should be prepared for.By Stephen Spillman / AP
Sudan's Generals, Pro-Democracy Group Ink Deal To End Crisis
Sudan's coup leaders and the main pro-democracy group signed a deal Monday to establish a civilian-led transitional government.By Marwan Ali / AP