In recent Senate hearings, Boeing’s safety and quality standards were once again put into question, following a midair door blowout incident and a near catastrophe back in January. A former Boeing engineer turned whistleblower, Sam Salehpour, testified before a Senate panel, making serious allegations against the aircraft manufacturer. Salehpour claimed that Boeing cut corners in
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United Airlines recently announced that it is cutting its aircraft-delivery expectations for the year in response to delays from Boeing. Originally, the airline had expected to receive 101 new narrow-body planes this year, but it has revised that number down to just 61. This change in plans is a result of the ongoing safety crisis
TGI Fridays and Hostmore, the U.K. franchisee of the popular restaurant chain, made waves in the industry with their recent announcement of a merger. The all-share deal, valued at a staggering 177 million pounds or $220 million, is set to transform the landscape of the restaurant business. If finalized, TGI Fridays will become a publicly
Boeing recently faced allegations from one of its engineers, Sam Salehpour, who claimed that the company took shortcuts in the production of its 787 Dreamliner and 777 aircraft. Salehpour stated that excessive stress was being put on airplane joints during assembly, potentially reducing the lifespan of the planes. However, Boeing quickly denied these claims, calling
Recently, Peloton made the decision to eliminate its unlimited free-membership tier on its fitness app due to its failure to convert users into paying subscribers. This move came less than a year after the tier was introduced, indicating that the company’s growth strategy was not yielding the expected results. As of now, new users are
The year 2023 witnessed a remarkable resurgence in international travel which significantly impacted airport rankings on a global scale. According to Airports Council International’s latest report, airports across the world experienced a surge in passenger traffic, showcasing the recovery of the aviation industry post-pandemic. One of the standout performers was Dubai International Airport, which climbed
As Goldman Sachs prepares to report its first-quarter earnings, analysts are predicting earnings of $8.56 per share and revenue of $12.92 billion. These figures, according to LSEG, are expected to shed light on the financial health of the investment bank amidst a challenging economic environment. The trading revenue components are also closely watched, with fixed
Hawaii, known for its beautiful tropical landscapes, has been making significant progress in electric vehicle (EV) adoption. According to J.D. Power, Hawaii ranks fifth in overall EV adoption, with 11.9% of new retail vehicles sold through February being electric. What sets Hawaii apart from other states is its impressive “EV Adoption Score” of 33.8, coming
JPMorgan Chase is set to reveal its first-quarter earnings before the markets open on Friday. According to the London Stock Exchange Group (LSEG), analysts expect the banking giant to report earnings of $4.11 per share and revenues of $41.85 billion. Net interest income is predicted to be around $23.18 billion, with trading revenue forecasted at
Struggling to meet both the needs of daily life and unexpected expenses can feel like a never-ending battle. For U.S. vehicle owners, the burden continues to grow as auto insurance costs soar to new heights. The most recent data released revealed that car insurance prices as part of the consumer price index increased by an