WASHINGTON (AP) — A machinists strike. Another safety problem involving its troubled top-selling airliner. A plunging stock price. 2024 was already a dispiriting year for Boeing, the American aviation giant. But when one of the company's jets crash-landed in South Korea on Sunday, killing all but two of the 181 people on board, it brought to a close an especially unfortunate year for Boeing. The cause of the crash remains under investigation, and aviation experts were quick to distinguish Sunday's incident from the company’s earlier safety problems. Alan Price, a former chief pilot at Delta Air Lines who is now a consultant, said it would be inappropriate to link the incident Sunday to two fatal crashes involving Boeing’s troubled 737 Max jetliner in 2018 and 2019. In January this year, a door plug blew off a 737 Max while it was in flight, raising more questions about the plane. The Boeing 737-800 that crash-landed in Korea, Price noted, is “a very proven airplane. "It’s different from the Max ...It’s a very safe airplane.’’ For decades, Boeing has maintained a role as one of the giants of American manufacturing. But the the past year's repeated troubles have been damaging. The company's stock price is down more than 30% in 2024. The company's reputation for safety was especially tarnished by the 737 Max crashes, which occurred off the coast of Indonesia and in Ethiopia less than five months apart in 2018 and 2019 and left a combined 346 people dead. In the five years since then, Boeing has lost more than $23 billion. And it has fallen behind its European rival, Airbus, in selling and delivering new planes. Last fall, 33,000 Boeing machinists went on strike, crippling the production of the 737 Max, the company's bestseller, the 777 airliner and 767 cargo plane. The walkout lasted seven weeks, until members of the International Association of Machinists and Aerospace Workers agreed to an offer that included 38% pay raises over four years. In January, a door plug blew off a 737 Max during an Alaska Airlines flight. Federal regulators responded by imposing limits on Boeing aircraft production that they said would remain in place until they felt confident about manufacturing safety at the company. In July, Boeing agreed to plead guilty to conspiracy to commit fraud for deceiving the Federal Aviation Administration regulators who approved the 737 Max. Acting on Boeing’s incomplete disclosures, the FAA approved minimal, computer-based training instead of more intensive training in flight simulators. Simulator training would have increased the cost for airlines to operate the Max and might have pushed some to buy planes from Airbus instead. (Prosecutors said they lacked evidence to argue that Boeing’s deception had played a role in the crashes.) But the plea deal was rejected this month by a federal judge in Texas, Reed O’Connor , who decided that diversity, inclusion and equity or DEI policies in the government and at Boeing could result in race being a factor in choosing an official to oversee Boeing’s compliance with the agreement. Boeing has sought to change its culture. Under intense pressure over safety issues, David Calhoun departed as CEO in August. Since January, 70,000 Boeing employees have participated in meetings to discuss ways to improve safety.
BLINCYTO® (BLINATUMOMAB) ADDED TO CHEMOTHERAPY SIGNIFICANTLY IMPROVES SURVIVAL IN NEWLY DIAGNOSED PEDIATRIC PATIENTS WITH B-CELL PRECURSOR ACUTE LYMPHOBLASTIC LEUKEMIA (B-ALL)Nendah Tarke scores 24 to help Towson defeat Morgan State 64-60
Published 6:38 pm Sunday, December 29, 2024 By Joshua Windus President of the Sumter County branch of the NAACP, Eugene Edge, recalled conversations he had with President Carter. “He always had a story to tell me.” Edge told how they would discuss affairs in the black and white communities: “There is some racism in the white community, and he would advise me on some things that we could do to, to deter that, and because, you know, I was involved in the NAACP, so he would offer suggestions.” At the time, Edge was not the president, but was on the executive committee. Edge told how the executive committee made decisions on discriminative cases or those involving police brutality. “If there was enough evidence that we saw there was enough probable cause to go after that case, you know, the executive committee would make those decisions.” He told how the conversations often centered with ways to support the black community. “Well most of it was like I said, it was dealing with the black community, on ways to help the black community politically.” While Edge recalled the conversations warmly, he mentioned that President Carter only once came close to becoming involved in local politics. “I’ve never told many people this story.” Edge told what led to President Carter’s reconsideration: “He called me over to his house one day, and we sat in his living room. And he said that some of the people from the white community was concerned that Dr. Marshall, who was the president of the NAACP at the time, was dividing the community with his strategy, and they had contacted President Carter, and to see what he could do.” Edge told how this prompted the former President to considering becoming involved. “He said Rosalynn and I, when we left the White House, we said that we would not get involved in local politics, and we have maintained that, we’ve stuck to that. And he said, but you tell me what you want me to do, if you want me to stay out of it, or get involved. And he said, here’s my proposal. He said that I’m very close friends with Julian Bond, who was the national president at the time. If you want me to, I could, I would make a call to Julian and we could move you to be president of the Sumter County branch of the NAACP.” Carter asked his advice: “But you tell me now, what do you want me to do? Do you want me to stay out of it or do you want me to proceed?’ and I told President Carter, these are my words, I told him, I said well, Mr. President, the NAACP is set up as a democracy just like this country. The president is voted in by the members of the branch, and the president is voted out. I said it would be unethical for somebody to come in who is not a member and remove him as president and while the members have already voted him in. I said Dr. Marshall may be controversial, but yet he speaks for the hurt and the pain of a lot of the people in the black community. My advice to you is to stay out of it. So those are the words that I, that I relayed to President Carter.” Edge detailed his own views of Marshall: “I agree with some of the sentiments of the white community, Dr. Marshall was quite controversial. I understood that, but at the same time, some of the things that he did, it was needed to be done.” He noted changing the name for the 44th freedom fund banquet for the NAACP to the John D. Marshall Freedom Fund Gala. For more stories about Jimmy Carter please go to www.americustimesrecorder.com/ category/jimmy-carter/
Middle East latest: Israeli strikes kill a hospital director in Lebanon and wound 6 medics in GazaWhat happens when 'The Simpsons' join 'Monday Night Football'? Find out during Bengals-Cowboys
The Atlantic Liberal caucus has issued a call for Prime Minister Justin Trudeau to resign as party leader due to mounting concerns about the future of the government. This request comes in the form of a letter addressed to Trudeau, which was made public by New Brunswick MP Wayne Long. Long has been vocal since the fall about the need for Trudeau to step down, citing the necessity for new leadership to better position the party against a potential government led by Pierre Poilievre. Nova Scotia MP Kody Blois, the chair of the Atlantic caucus, authored the letter, arguing that it is untenable for Trudeau to continue leading the party. The letter highlights the instability faced by the country amid tariff threats from U.S. president-elect Donald Trump and looming non-confidence challenges from opposition parties against Trudeau’s government. Acknowledging Trudeau’s nine-year tenure as prime minister, the letter also warns that his legacy could be jeopardized if he remains in leadership. This development follows the recent resignation of Chrystia Freeland from her roles as finance minister and deputy prime minister, adding pressure on Trudeau. The letter expresses a personal fondness for Trudeau within the caucus but emphasizes the critical need for leadership change to avoid losing progress under a government potentially led by Poilievre. It calls for a national caucus meeting in early January to deliberate the party’s next steps. Trudeau is reportedly contemplating his future during the holiday break. Conservative MP John Williamson has announced plans to propose a non-confidence motion at the upcoming public accounts committee meeting. If successful, this could lead to a vote in the House of Commons by January 30, potentially triggering an election. Meanwhile, the NDP has signaled its intention to issue a non-confidence motion, expressing a lack of confidence in the current government irrespective of the Liberal leadership situation.
Villa secure 0-0 draw against depleted Juventus4FR Powell Industries: Don't Chase This Rally - Baked In Upside Triggers Downgrade We previously covered Powell Industries, Inc. (NASDAQ: NASDAQ: POWL ) in September 2024, discussing its bright prospects attributed to the higher oil/gas/ petroleum industry-wide capex and increased electrical power Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The analysis is provided exclusively for informational purposes and should not be considered professional investment advice. Before investing, please conduct personal in-depth research and utmost due diligence, as there are many risks associated with the trade, including capital loss. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.COLLEGE FB NOTES