“A lot of checks” Business leaders who had high hopes for the second Trump administration hadn’t signed up for the turmoil of his trade war. President Trump’s deals-focused visit to Saudi Arabia is more of what they had in mind. Leaving aside questions of how many of the multibillion-dollar agreements the administration announced on Tuesday […]
The Trump administration has started an investigation into the import of commercial aircraft, jet engines and related parts that could lead to new tariffs on top of the many it has already put in place. According to a federal notice posted online on Friday, the commerce secretary, Howard Lutnick, started the investigation on May 1 […]
British Airways will get 32 new Boeing planes, in a deal worth nearly $13 billion, its parent company announced on Friday, a day after U.S. officials teased a big order was coming for America’s largest plane maker. IAG, which owns British Airways and other European airlines, said it had ordered the Boeing aircraft as well […]
Boeing on Tuesday announced that it would sell a handful of navigation, flight planning and other businesses for more than $10.5 billion as the company works to refocus on manufacturing planes and other aircraft. The company, which also wants to reduce its large debt, said it would sell four businesses from a digital unit to […]
Stocks inched higher in early trading on Tuesday, as the Trump administration’s chaotic tariff rollout continues to spur volatility in the markets. The S&P 500 opened up 0.5 percent, and the technology-heavy Nasdaq also gained slightly. President Trump’s whipsawing tariff policies are still driving sentiment on Wall Street, especially in sectors facing the threat of […]
The family of a prominent Boeing whistle-blower who killed himself last year has filed a wrongful-death lawsuit against the airplane manufacturer. The suit, which was filed on Wednesday in federal court in South Carolina, says Boeing contributed to the “unbearable depression, panic attacks and anxiety” the whistle-blower, John Barnett, suffered for many years. “Boeing may […]
Boeing is the kind of manufacturer — one that exports billions of dollars of goods — that President Trump says he wants to protect and nurture. But his tariffs could have the opposite effect on the company’s suppliers. Mr. Trump has imposed a few tariffs so far, but he says more are coming in just […]
Democratic senators on Thursday questioned Steven Bradbury, President Trump’s nominee for deputy secretary of the Transportation Department, about his handling of the congressional investigation into two Boeing Max plane crashes in 2018 and 2019, and his safety record during his previous tenure at the agency. The Boeing investigation occurred during Mr. Trump’s first administration, when […]
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