SAN FRANCISCO — A Senate subcommittee has summoned Boeing CEO David Calhoun to testify about the company’s jetliners in an inquiry prompted by new safety-related charges from a whistleblower. The panel said it will hold a hearing next week featuring a Boeing quality engineer, Sam Salehpour, who is expected to detail safety concerns involving the […]
An executive subpoenaed in the House’s investigation of companies involved in so-called ESG policies claims conservative legal activist Leonard Leo is behind a “crusade” to stop the corporate practice. ESG is an acronym for environmental, social, and governance practices that promote left-leaning activism among companies and corporations. The House Judiciary Committee is investigating numerous companies […]
SAN FRANCISCO — Disney shareholders have rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney Chief Financial Officer Jay Rasulo, who had sought seats on the company’s board. The company had recommended a slate of directors that did not include Peltz or Rasulo. The dissident […]
This feels as if it’s been a long time coming, though in reality it probably wasn’t. After Boeing has faced one public relations disaster after another and multiple lawsuits over safety and manufacturing failures with its 737 Max airline series (and a few other models as well), CEO Dave Calhoun has announced that he will […]
RICHMOND, Va. — A federal appeals court rejected a bid Monday from former coal executive Don Blankenship, who argued that Donald Trump Jr. defamed him by calling him a “felon.” The 4th U.S. Circuit Court of Appeals in Richmond, Virginia, left in place a lower court’s ruling in West Virginia against Blankenship, the former CEO […]
Boeing CEO David Calhoun will step down from the embattled plane maker at the end of the year as part of a broad management shakeup after a series of mishaps at one of America’s iconic manufacturers. Stan Deal, president and CEO of Boeing‘s commercial airplanes unit, will retire immediately. Stephanie Pope, the company’s chief operating […]
Eighteen-year-old Joseph Tegerdine, of Springville, Utah loves Ford Mustangs. He loves the cars so much that his father bought him one. This may not seem like much of a story but the details tell the whole story. Joseph has cancer and not very much longer to live. He was working at Sodalicious and saving up […]
A real estate expert told CNN this week that former President Donald Trump could sell one of his high-profile properties by Monday in order to prevent the state of New York from seizing his assets. Brown Harris Stevens CEO Bess Freedman told network host Erin Burnett that Trump’s prized Mar-a-Lago resort and residence in Palm Beach, […]
The boss of the London hospital where the Princess of Wales underwent abdominal surgery in January says there will be punishment meted out after it became public that an employee tried to breach her medical records. “Everyone at the London Clinic is acutely aware of our individual, professional, ethical and legal duties with regards to […]
Stephen Scherr, chief executive officer of Hertz Global Holdings Inc. and a member of its board of directors, will step down on March 31, following the car rental company’s largest quarterly loss since 2020 after a risky bet on electric vehicles. According to Fox Business, Scherr is working with Gil West, former chief operating officer […]
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