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Muilenburg was fired from the job in December as the company failed to contain the fallout from a pair of fatal crashes that halted output of its bestselling 737 MAX jetliner and tarnished its reputation with airlines and regulators. Based on Boeing securities filings from early 2019, Muilenburg was eligible for about $39 million in severance. "Upon his departure, Dennis received the benefits to which he was contractually entitled and he did not receive any severance pay or a 2019 annual bonus," Boeing said in a statement....
A new study from popular moving company, Bellhops, examines where, and why, Americans are moving around the United States. Bellhops CEO Luke Marklin joins The Final Round to discuss the results of his company's study....
The Federal Aviation Administration (FAA) said on Friday it was seeking to fine Boeing Co $5.4 million (£4.14 million), alleging it failed to prevent the installation of defective parts on 737 MAX airplanes. The FAA proposed a $3.9 million civil penalty against Boeing for the same issue in December involving 133 737 NG airplanes, which is the prior generation of the 737. The 737 MAX has been grounded since March after two fatal crashes killed 346 people....
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before 2018's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]...
We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57% each. Hedge funds' top 3 stock picks returned 45.7% last year and beat the S&P 500 ETFs by […]...
Headlines moving the stock market in real time....
