Boeing CEO Dave Calhoun to step down; board chair and commercial head replaced

Boeing CEO Dave Calhoun to step down; board chair and commercial head replaced

Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC.  Anna Moneymaker | Getty Images Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shakeup for … Read more

Airbus says it’s ‘not happy’ about issues at rival Boeing

Airbus says it’s ‘not happy’ about issues at rival Boeing

French plane maker Airbus is “not happy” about the multitude of problems facing its U.S. rival Boeing, according to its chief financial officer. “We’re not happy with the issues that our competitor’s having. I think it’s not helpful for the industry, and if it’s not helpful for the industry, it’s not helpful for Airbus,” Thomas … Read more

What to make of SpaceX selling satellite lasers

What to make of SpaceX selling satellite lasers

A rendering of the company’s laser communications system on satellites in orbit. Mynaric CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights. Sign … Read more

Intuitive Machines (LUNR) Q4 results: Improved cash position, backlog

Intuitive Machines (LUNR) Q4 results: Improved cash position, backlog

The IM-1 lander “Odysseus” in lunar orbit on Feb. 21, 2024. Intuitive Machines Intuitive Machines is building on the successes of its inaugural moon mission, reporting fourth-quarter results on Thursday and saying it now has “sufficient capital for the near term.” The lunar company revealed that its cash balance at the end of the year … Read more

United CEO tries to reassure customers after string of flight problems

United CEO tries to reassure customers after string of flight problems

United Airlines president Scott Kirby speaking in Chicago, Illinois, June 5, 2019. Kamil Krzaczynski | Reuters United Airlines CEO Scott Kirby on Monday sought to reassure customers about the carrier’s safety after a series of flight problems in recent weeks. In one incident this month, a tire fell from one of the carrier’s Japan-bound Boeing … Read more

Qatar Airways to launch First Class, as airline courts Airbus and Boeing for new planes

Qatar Airways to launch First Class, as airline courts Airbus and Boeing for new planes

Qatar Airways is developing a First Class concept and pursuing aircraft orders from aviation giants Boeing and Airbus, as part of a broader strategic overhaul under new group CEO Badr Mohammed Al Meer. “This is a new era,” Al Meer told CNBC on Thursday, unveiling changes at the airline that follow a multi-month “war room” … Read more

Hot inflation data spooks Wall Street

Hot inflation data spooks Wall Street

A man shops for fruit at a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Another hot inflation gauge fuels worry

Another hot inflation gauge fuels worry

People shop in the produce section of a grocery store on September 12, 2023 in Los Angeles, California. Mario Tama | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more

U.S. retail sales in sharp focus

U.S. retail sales in sharp focus

Customers visit the Macy’s Herald Square store in New York City on Dec. 17, 2023. Kena Betancur | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more

Sticky inflation muddies water for Fed

Sticky inflation muddies water for Fed

A man shops for fruit at a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more