Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing’s new CEO, Dave Calhoun, has a daunting to-do list when he takes the reins at the company’s Chicago headquarters on Monday: improving the plane-maker’s strained relationships with regulators and airline customers, winning back public trust and getting the 737 Max — grounded for almost a
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“Good morning. Welcome to British Airways. Where can I take you?” The crisp female voice might belong to any woman working for BA, but it’s a robot cruising around London’s Heathrow Airport. The carrier is trying out a pair of autonomous robots that can guide passengers around Terminal 5. It’s one of the latest examples
U.S. Treasury Secretary Mnuchin announces new sanctions on Iran in the Brady Press Briefing Room of the White House in Washington, January 10, 2020. Kevin Lamarque | Reuters Treasury Secretary Steven Mnuchin said Sunday that Boeing‘s 737 Max crisis could curb U.S. GDP in 2020 by half a point, though he expects the economy should
The only thing Amber Freed ever wanted was to be a mom. Like a lot of people, she and her husband Mark had a hard time conceiving. But after two years of IVF treatments, the Denver couple got a double dose of good news: Amber was pregnant with twins. Maxwell and Riley were born on
A NFL playoff logo is seen during the NFC Divisional Playoff. Jonathan Bachman Getty Images The National Football League continues the postseason with its Divisional Round this weekend with Super Bowl LIV in Miami nearing. But player revenue shares will also be up for grabs, with one team remaining that qualifies for the playoff jackpot.
An Oscar statue is seen during a media preview of this year’s Academy’s Governors Ball in Los Angeles, California, February 15, 2019. Mario Anzuoni | Reuters The Oscar race has only just begun. On Monday, the Academy of Motion Picture Arts and Sciences will announce the nominations for its 92nd annual Academy Awards. Front runners
CNBC’s Jim Cramer previewed what’s to come in the week ahead as Wall Street prepares for the first earnings season of 2020. Later in the show the “Mad Money” host sat down with Mobileye CEO Amnon Shashua to get insight into the self-driving vehicle arena and find out when the public could see the first
New York Mayor Bill de Blasio speaks to the media during a press conference at City Hall on January 3, 2020 in New York City. Eduardo Munoz Alvarez / Getty Images New York Mayor Bill de Blasio said Friday that the city —”because of the possibility of a criminal act” — notified Manhattan prosecutors after
The Vince Lombardi Trophy. Getty Images Miami is proving to be a lucrative location for the National Football League’s hospitality company On Location Experiences, which is expecting a 15% increase in revenue for Super Bowl LIV next month, according to league officials. OLE, which creates one-of-a-kind, luxury Super Bowl packages that include tickets, food, entertainment
CNBC’s Jim Cramer advised investors be careful about their stock picks as Wall Street sets new highs. The “Mad Money” host predicted that Tyson Foods has a lot to gain from a phase one trade deal between the U.S. and China. Later in the show he suggested Bed Bath & Beyond as a buying opportunity,
Amazon.com Inc. parking signage stands outside a Kohl’s Corp. department store in Huntington Beach, California, U.S., on Saturday, May 11, 2019. Kyle Grillot | Bloomberg | Getty Images Kohl’s tie-up with Amazon was supposed to be a boon to the department store chain, which is teetering between sales gains and declines. But any benefits from
A colleague of one of the flight crew members of the Ukrainian 737-800 plane that crashed on the outskirts of Tehran, lights candles at a memorial inside Borispil international airport outside Kyiv, Ukraine, Wednesday, Jan. 8, 2020. Efrem Lukatsky | AP Rescue workers on Wednesday combed through wreckage of Kyiv-bound Ukraine International Airlines Flight 752
Following a secretive escape last week from Japan to Lebanon, former Nissan chief Carlos Ghosn publicly defended himself Wednesday — for the first time since his initial arrest in November 2018 — against accusations of financial misconduct and misuse of corporate resources. Ghosn adamantly denied all charges against him and defended his decision to become
Iraqi counter-terrorism forces stand guard in front of the US embassy in the capital Baghdad on January 2, 2020. Ahmad Al-Rubaye | AFP | Getty Images Two rockets hit the Green Zone in Iraq’s capital of Baghdad, a day after Iran launched missile attacks on U.S. and other coalition targets at bases in Iraq, according
This is breaking news. Please check back for updates. Oil prices surged 4% in early trading on Tuesday night following rocket attacks on Western Iraq’s airbase Al Asad. U.S. West Texas Intermediate crude futures surged 4%, or $2.51, to $65.21, its highest level since April. At the session high it rose to $65.48. International benchmark
A Boeing 737 passenger plane with 180 aboard crashed in Iran after take-off, according to Iranian news agencies. Iran’s Fars News Agency reported that the Ukrainian plane crashed due to technical problems after taking off from Iran’s Imam Khomeini airport. The plane belonged to Ukranian Airlines, according to ISNA, another Iranian news agency. CNBC has
DETROIT – As Tesla CEO Elon Musk showed off his dance moves Tuesday to celebrate the launch of the Model Y in China, no such festivities were likely occurring in Detroit. Shares of Tesla have roughly doubled in the last six months, giving the Silicon Valley automaker a market capitalization of roughly $84.4 billion as
1. Stock futures steady after Monday’s major Dow comeback A trader works on the floor at the closing bell of the New York Stock Exchange, December 30, 2019. Bryan R Smith | Reuters U.S. stock futures were pointing to a steady Wall Street open Tuesday after the Dow Jones Industrial Average closed erased an over
Carlos Ghosn, former chairman of Nissan Motor Co., sits in a vehicle as he leaves his lawyer’s office in Tokyo, Japan, on Wednesday, March 6, 2019. Takaaki Iwabu | Bloomberg | Getty Images As Nissan’s former Chairman Carlos Ghosn made his way from Osaka, Japan to Istanbul, Turkey in a private jet, the price of
Luke Sharrett | Bloomberg | Getty Images Pier 1 Imports shares tanked more than 25% Monday afternoon following a report from Bloomberg that said the company is preparing to file for bankruptcy and slash jobs. The stock was briefly halted due to volatility and then again for news pending. In November, Robert Riesbeck was named CEO,