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Tag: scrutiny

Boeing posts $355M loss, in ‘tough moment’ amid scrutiny over midair blowout

Boeing announced Wednesday that it posted a $355 million loss due to lower revenue in the first quarter. It’s another sign of the crisis gripping aircraft manufacturers, which face intense scrutiny over aircraft safety and a growing number of whistleblower accusations of sloppy work. CEO David Calhoun said the company is going through a “tough […]

‘Manifestly Unfair’ Gag Order on Trump Facing Serious Legal Scrutiny

A gag order severely restricting what former President Donald Trump can say publicly about the corporate records trial he faces in Manhattan, where Democratic district attorneys are seeking to jail him, was handed down in court Tuesday. became the focus. Democratic District Attorney Alvin Bragg accused Trump of violating the gag order 11 times by […]

Bottom Line: Boeing builds out federal lobbying operation as scrutiny intensifies

aviation Aircraft giant in trouble boeing hired doler group Lobbying on issues related to civil aviation. Boeing has been under fire since the door plug on its 737 Max 9 jet blew off shortly after takeoff on an Alaska Airlines flight on January 5, and last Wednesday two Senate committees found the company’s A public […]

Biden heads off bridge collapse scrutiny with trip to Baltimore

President Joe Biden will travel to Baltimore on Friday to survey the cleanup of the collapsed Francis Scott Key Bridge as his administration attempts to head off past criticism over his handling of catastrophic events. Since a cargo ship collided with the bridge last week, killing six people, Biden has sent several high-ranking administration officials, […]

Alleged Financial Benefits of Diversity Vanish Under Scrutiny, Study Shows

The path to wealth may not be paved with diversity, equity, and inclusion after all. The two economists looked at three studies that argue there are bottom-line benefits to diversity in corporate leadership. They found that the association did not exist. Researchers — Jeremiah Green, associate professor of accounting at Texas A&M University Mays School […]

FAA boosts scrutiny of United Airlines after scary incidents on Boeing planes

United Airlines announced late Friday that U.S. safety regulators will increase scrutiny of the company following a series of recent safety incidents. Sasha Johnson, United’s vice president of corporate safety, said in a memo that employees will be working with United Airlines over the next few weeks “as we begin to review some of our […]

AstraZeneca follows rival, will cap inhaler prices at $35 per month amid scrutiny

Pharmaceutical company AstraZeneca announced on Monday that it would cap copays on all inhaler products at $35. The cap will take effect June 1 and apply to the company’s entire line of inhalers used to treat asthma and chronic obstructive pulmonary disease, including the Symbicort, Breztri Aerosphere and Airsupra inhalers. This cap applies to uninsured […]