financetom
Business
financetom
/
Business
/
Trump Transportation Dept nominee says he will work to restore global confidence in Boeing
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump Transportation Dept nominee says he will work to restore global confidence in Boeing
Jan 14, 2025 1:52 PM

WASHINGTON, Jan 14 (Reuters) - President-elect Donald

Trump's nominee to head the Transportation Department will tell

a Senate committee on Wednesday he aims to ensure worldwide

trust in U.S. planemaker Boeing ( BA ) after a 2024 mid-air

emergency.

"I will work with Congress and the FAA to restore global

confidence in Boeing ( BA ) and to ensure our skies are safe," said

Sean Duffy, a former U.S. House lawmaker, according to written

testimony seen by Reuters.

The Federal Aviation Administration is maintaining tougher

oversight of Boeing ( BA ) indefinitely, a year after a door panel

missing four bolts flew off a new Alaska Airlines Boeing

737 MAX 9 in mid-air.

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.
Sign up to post
Sort by
Show More Comments
Related Articles >
Smithfield Foods valued at $8 billion in lukewarm market debut
Smithfield Foods valued at $8 billion in lukewarm market debut
Jan 28, 2025
(Reuters) -Smithfield Foods was valued at $8.1 billion after its shares ticked up 1.5% on Tuesday, in a muted debut that might prompt other IPO candidates to tread cautiously. The lukewarm reception to the largest U.S. pork processor's public offering, following closely on the heels of Venture Global's underwhelming debut last week, underscores investors' cautious approach to new listings. Despite...
Smithfield Foods valued at $8.4 bln as shares rise in market debut
Smithfield Foods valued at $8.4 bln as shares rise in market debut
Jan 28, 2025
Jan 28 (Reuters) - Shares of Smithfield Foods rose 5.3% in their Nasdaq debut on Tuesday, valuing the largest U.S. pork processor at $8.4 billion. ...
Rackspace Collaborating With American Logistics on Transportation Platform
Rackspace Collaborating With American Logistics on Transportation Platform
Jan 28, 2025
12:51 PM EST, 01/28/2025 (MT Newswires) -- Rackspace Technology ( RXT ) said Tuesday it is working with American Logistics to launch a cloud-native platform to coordinate and improve non-emergency transportation for health care clients. Rackspace ( RXT ) said it has been helping American Logistics update its technology platform to run on Amazon ( AMZN ) Web Services and...
Ollie's Faces Big Lots Liquidation Headwind in Q4, RBC Says
Ollie's Faces Big Lots Liquidation Headwind in Q4, RBC Says
Jan 28, 2025
12:48 PM EST, 01/28/2025 (MT Newswires) -- Ollie's Bargain Outlet (OLLI) could face headwind in Q4 amid the impending closure of hundreds of rival Big Lots stores, RBC Capital markets said in a report Tuesday. The note said Big Lots buyer, Gordon Brothers, recently released a list of about 500 stores that they intend to sell leases for. Based on...
Copyright 2023-2025 - www.financetom.com All Rights Reserved