CHICAGO (Reuters) - Boeing's ( BA ) long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems ( SPR ), now shifts the focus of investors to the planemaker's search for a new CEO. Boeing ( BA ) has been looking for a new head after Dave Calhoun said in March he would step down by year-end, in...

July 2 (Reuters) - Growth in U.S. auto sales likely slowed significantly in the second quarter, marred by a cyber incident at CDK, even though steady demand and better availability kept the sales for new vehicles elevated. Market research firm Cox Automotive estimates U.S. new-vehicle sales volume in the second quarter to grow 1% to nearly 4.2 million units. New...

(Reuters) - Just weeks after a U.S. appeals court blocked a Black-owned venture capitalist from funding women-of-color-led businesses, the ruling has had a chilling effect across the small industry of diversity-focused venture capital funds, according to founders, investors and lawyers who spoke to Reuters. The Atlanta-based 11th U.S. Circuit Court of Appeals in early June found an anti-affirmative action group's...

* Patrick Shanahan, Spirit Aero CEO, is a notable candidate due to his Boeing ( BA ) experience * Shanahan's tenure at Spirit has faced challenges, including a mid-air panel blowout incident * Some industry experts question whether Shanahan can change Boeing's ( BA ) culture despite his long association By Rajesh Kumar Singh CHICAGO, July 2 (Reuters) - Boeing's...