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Boeing's big mea culpa just dropped and it doesn't look pretty
Business Insider· 2024-07-08 07:35
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBoeing has agreed to plead guilty to defrauding the US, essentially admitting to accusations that it violat ...
A new twist in Apple's deal with OpenAI
Business Insider· 2024-07-03 00:44
Apple gets an observer role on OpenAI's board as part of the companies' partnership, per Bloomberg.The arrangement raises Apple to Microsoft's level within the AI startup, according to the outlet.Phil Schiller, head of Apple's app store, was reportedly picked for the position. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...
Mark Zuckerberg's Meta just got some bad news
Business Insider· 2024-07-01 19:45
It's not a good day for Meta in the EU.The European Commission says Meta's "pay or consent" advertising model is in breach of the EU's Digital Markets Act.The EU previously said Apple also violated the rule. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Serv ...
Airbus agrees to pay $1 for Spirit AeroSystems assets in deal sparked by Boeing 737 Max blowout
Business Insider· 2024-07-01 11:40
Airbus has agreed to acquire assets of Spirit AeroSystems for $1.It will also be compensated with $559 million from the aviation manufacturer. The bulk of Spirit is being bought by Boeing in the wake of the Alaska Airlines blowout. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you ...
Apple finally gets some good news in China as iPhone shipments surge
Business Insider· 2024-07-01 11:31
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple appears to be reigniting iPhone demand in China, but its profit margins could pay the price.iPhone sh ...
Boeing to purchase Spirit Aero in $4.7 billion all-stock deal: report
Business Insider· 2024-07-01 02:47
Boeing is buying back Spirit Aero, a manufacturer of parts for its 737 and 787 planes, per Reuters.The $4.7 billion all-stock deal is set to be officially announced Monday, the outlet reported.The deal brings Spirit Aero back into Boeing's fold and should improve the production of its aircraft. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you ...
Families of Boeing victims object to its proposed 'sweetheart plea deal' with the DOJ, attorney says
Business Insider· 2024-06-30 22:53
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFamilies of the victims of the two fatal Boeing 737 Max crashes are denouncing a plea deal the Justice Depa ...
Nike is struggling to get its stride back
Business Insider· 2024-06-29 09:22
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNike is facing one of the most challenging periods in decades.In December, the company announced a cost-cut ...
Federal investigators slammed Boeing for 'blatantly violating' the rules by sharing unproven speculation about the 737 Max blowout
Business Insider· 2024-06-28 10:03
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBoeing has apologized after the National Transportation Safety Board said it "blatantly violated" rules abo ...
Boeing says its space mission is 'going well' despite its Starliner leaving 2 astronauts stuck on the ISS
Business Insider· 2024-06-27 12:44
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBoeing is doing damage control as its first crewed commercial spacecraft remains on the International Space ...