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(Bloomberg) -- Boeing Co. engineers were nearly done redesigning software on the grounded 737 Max in June when some pilots hopped into a simulator to test a few things.It didn’t go well.A simulated computer glitch caused it to to dive aggressively in a way that resembled the problem that had caused deadly crashes off Indonesia and in Ethiopia months earlier.That led to an extensive redesign of the plane’s flight computers that has dragged on for months and repeatedly pushed back the date of its return to service, according to people briefed on the work. The company -- which initially expressed confidence it could complete its application to recertify the plane with the Federal Aviation Administration within months -- now says it hopes to do that before the end of the year.Changing the architecture of the jet’s twin flight computers, which drive autopilots and critical instruments, has proven far more laborious than...
In 2010 Jan G. van de Winkel was appointed CEO of Genmab A/S (CPH:GMAB). This analysis aims first to contrast CEO......
The Australian dollar has lost ground after a dovish rate statement from the RBA. The New Zealand dollar and Chinese yuan are steady, and I do not expect much movement from these currencies before next week....
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is......
Q3 2019 Air Lease Corp Earnings Call...
The value of the cost savings announced in the planned merger between Peugeot owner PSA and Fiat Chrysler is nominal and management will target improvements over time, PSA's chief executive told French BFM Business radio on Friday. CEO Carlos Tavares also said he does not see the need to scrap any brands within the new PSA-Fiat Chrysler entity. The two carmaker groups are targeting annual cost savings of 3.7 billion euros ($4.09 billion) as part of a planned merger unveiled at the end of October, which will create the world's fourth-largest automaker with 8.7 million in annual vehicle sales....
Q3 2019 NV5 Global Inc Earnings Call...
