Boeing and Airbus may have used ‘counterfeit’ titanium in planes, FAA says
Boeing and Airbus, the two biggest commercial airline makers, may have used titanium sold using fake documents, according to evidence from a supplier that has triggered a Federal Aviation Administration investigation. The FAA said in a statement to NBC News on
CEOs at Trump meeting say he was ‘meandering’ and ‘doesn’t know what he’s talking about’
WASHINGTON — Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s quarterly meeting, multiple attendees told CNBC. “Trump doesn’t know what he’s talking about,” said one CEO who was in the room, according to
Netflix hunts for a production partner for its Christmas NFL games
Netflix is trying to get ready for some football. The streaming giant has been reaching out to broadcasters this week in the hopes of finding a partner to produce the NFL games it will air on Christmas Day this year, according to
Boeing investigates quality problem on undelivered 787s, sources say
Boeing is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages of some undelivered jets, two people familiar with the matter said. The latest in a series of manufacturing
Why competition in the housing market is cooling off
More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates. New listings from home sellers jumped in May, up 13% from a year ago, according to the latest market report by Zillow. “You
Stock splits are back in fashion. Here’s why, and which companies could be next.
Stock splits, long out of favor, are making a comeback. It started with Walmart, which announced a 3-for-1 stock split on Jan. 30, with the additional shares being distributed on Feb. 23. And from there, it picked up steam. On Thursday, Williams-Sonoma announced
Summer Fridays are on the decline — companies may be replacing them with work-from-home days
The share of workers who say they get Summer Fridays has dropped dramatically in recent years. Just 11% of North American workers say they have access to Summer Fridays, according to a November 2023 survey from Gartner of more than 1,100
Going camping off the grid is getting harder. But admit it: You don’t mind.
What makes a happy camper this summer? S’mores, sing-alongs and — lately — streaming. The pandemic nudged millions of people toward outdoorsy trips and experiences, and many are now hooked. But they’re increasingly demanding a decent Wi-Fi connection wherever they pitch
Stellantis aims to correct ‘arrogant’ mistakes in U.S. market, CEO says
Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by himself and the company in the automaker’s U.S. operations that led to sales declines, bloated inventories and investor concerns. Tavares said the convergence of three factors led to the
Why companies are canceling summer Fridays
The share of workers who say they get summer Fridays has dropped dramatically in recent years. Just 11% of North American workers say they have access to summer Fridays, according to a November 2023 survey from Gartner of more than 1,100