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...Calhoun was also paid $514,285 for private jet flights, ISS noted, a total that “significantly exceeded” median pay for flights among chief executives of S&P 500-listed companies....
...It spent more than $43bn on share repurchases between 2013 and 2019, according to data from S&P Global Market Intelligence. It was able to pay for that by cost savings on its aircraft programme....
...Shares in Boeing gained 1.7 per cent after the aircraft manufacturer announced that chief executive Dave Calhoun would step down at the end of the year....
...It was also good that chief executive Dave Calhoun focused solely on safety issues, leaving the numbers to the CFO....
...Moving from exploration to production has required an average of 16 years in the past two decades, according to S&P Global Market Intelligence....
...Treasuries rallied and the S&P 500 fell 1.6 per cent. [MUSIC PLAYING] The European Union is locked in a battle with Hungary’s prime minister, Viktor Orbán....
...By midweek, United Airlines and Alaska Airlines had discovered loose parts on other Max 9 jets, indicating that the issue forcing flight 1282’s emergency landing wasn’t simply a freak one-off....
...Dave Calhoun, Boeing’s chief executive, is stepping down....
...Economic data: S&P Global publishes its manufacturing and services purchasing managers’ indices for the US....
...Pay to CEO David Calhoun increased 6.6 per cent in 2022 to $22.5mn for last year, the company said....
...Pledges by senior managers, including chief executive Dave Calhoun, to improve quality and engineering processes have fallen short....
...Senior executives across a host of S&P 500 companies gave optimistic updates on the labour market in recent quarterly earnings reports....
...Boeing chief executive David Calhoun, for example, told analysts that “we’ve had no trouble hiring people”, and said pressures through its supply chain had “really ease[d] up”....
...“We still would like to deliver planes to China,” said David Calhoun, Boeing chief executive....
...The FT looked at quarterly reports from the most recent earnings season and found that senior executives at S&P 500 companies kind of like the employment environment they’re in....
...The National Transportation Safety Board later found that the cacophony of alerts from the 737’s old-fashioned system overwhelmed the pilots and contributed to the crashes....
...Yesterday was another choppy day on Wall Street, with the Nasdaq ending 2.3 per cent lower and the S&P 500 dropping 1.2 per cent....
...The Chicago-based company said this month that the majority of the more than one hundred 787s already produced will not be delivered this year — contrary to assurances made by chief executive David Calhoun...
...“If it goes on for too long, I pay a price,” Dave Calhoun, Boeing’s chief executive, told a conference last month....
...Its full-year net loss of $11.9bn on $58.2bn in revenue, a drop of 24 per cent compared with 2019, plummeted past 2019’s $636m loss....
...The German Greens’ parliamentary energy spokesperson, Ingrid Nestle, acknowledges the grid stability problem....
...Fellini was not the only film legend to stay at the hotel: Roberto Rossellini and Ingrid Bergman were regulars and were often spotted taking their twins out on bicycles in the nearby streets and around Villa...
...US singer and poet Ingrid Chavez, who worked with Prince, appears on two tracks....
...S&P Global Ratings said the company’s 2020 cash outflow is expected to range between $19bn and $20bn, up from a previous forecast of $12bn....
...Analysts with S&P Global on Wednesday had downgraded Boeing to triple-B minus, the lowest rating in investment grade territory, and warned that the company’s “earnings and cash flow are now likely to be...
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