Boeing has made 'serious missteps in recent years' -- CEO testimony-February 2024-www.financetom.com

Boeing has made 'serious missteps in recent years' -- CEO testimony

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Boeing has made 'serious missteps in recent years' -- CEO testimony

Apr 1, 2025 8:19 AM

WASHINGTON (Reuters) - Boeing ( BA ) CEO Kelly Orberg will tell lawmakers on Wednesday the U.S. planemaker has made "serious missteps" after a January 2024 mid-air emergency involving a new 737 MAX.

"Boeing ( BA ) has made serious missteps in recent years - and it is unacceptable. In response, we have made sweeping changes to the people, processes, and overall structure of our company," Ortberg will tell the Senate Commerce Committee, according to written testimony seen by Reuters. "No one is more committed to turning our company around than our team."

Previous page： Microstrategy Insider Sold Shares Worth $675,315, According to a Recent SEC Filing Next page： Petco Narrows Q4 Loss, Revenue Slips, Sees Lower Q1, 2025 Revenue; Shares Climb Late

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Microstrategy Insider Sold Shares Worth $675,315, According to a Recent SEC Filing

Mar 26, 2025

04:54 PM EDT, 03/26/2025 (MT Newswires) -- Wei-Ming Shao, Executive Vice President & General Counsel, on March 24, 2025, sold 2,051 shares in Microstrategy ( MSTR ) for $675,315. Following the Form 4 filing with the SEC, Shao has control over a total of 10,597 Class A common shares of the company, with 10,597 shares held directly and 500 Series...

Petco Narrows Q4 Loss, Revenue Slips, Sees Lower Q1, 2025 Revenue; Shares Climb Late

Mar 26, 2025

04:52 PM EDT, 03/26/2025 (MT Newswires) -- Petco Health & Wellness (WOOF) late Wednesday reported a Q4 net loss of $0.05 per diluted share compared with a $0.08 loss a year earlier. Analysts polled by FactSet expected a $0.02 loss. Revenue for the quarter ended Feb. 1 was $1.55 billion, down from $1.67 billion a year earlier. Analysts expected $1.56...

MillerKnoll Fiscal Q3 Adjusted Earnings Decline, Sales Rise -- Shares Fall After Hours

Mar 26, 2025

04:52 PM EDT, 03/26/2025 (MT Newswires) -- MillerKnoll ( MLKN ) reported fiscal Q3 adjusted earnings late Wednesday of $0.44 per diluted share, down from $0.45 a year earlier. Four analysts polled by FactSet expected $0.44. Net sales for the quarter ended March 1 rose to $876.2 million from $872.3 million a year earlier. Four analysts surveyed by Capital IQ...

Dxp Enterprises Insider Sold Shares Worth $448,750, According to a Recent SEC Filing

Mar 26, 2025

04:56 PM EDT, 03/26/2025 (MT Newswires) -- Timothy P Halter, Director, on March 24, 2025, sold 5,000 shares in Dxp Enterprises ( DXPE ) for $448,750. Following the Form 4 filing with the SEC, Halter has control over a total of 45,925 common shares of the company, with 45,925 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1020710/000102071025000040/xslF345X05/wk-form4_1743022461.xml ...