Faulty Rolls Royce Blades Spark MORE Groundings

Turbulent skies for Boeing up ahead. Singapore Airlines is reportedly grounding a pair of Boeing planes in response to faulty engines. Boeing Groundings Extend to 787 Dreamliner Line The problem stems back to engine blades made by UK-based Rolls Royce and used in Boeing’s 787-10 Dreamliner aircraft, the Trent 1000 TEN. Meanwhile, the timing couldn’t […]

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Dow Struggles amid Boeing Woes as S&P 500 Creeps Toward New Highs

The Dow lagged behind the broader U.S. stock market on Monday, as the Department of Transportation zeroed in on Boeing’s flight safety system in the wake of two deadly airline crashes that have sent the company’s share price into a tailspin. Dow Lags as S&P 500 Jumps Further Past 2,800 The Dow Jones Industrial Average […]

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Dow Surges after Brutal Open but Boeing Bleeds after 737 MAX Crash

Surging tech shares pulled the Dow and broader U.S. stock market out of a big hole on Monday, but a crisis-hit Boeing Co (BA) continues to struggle in the aftermath of a second deadly airline crash in five months. Dow Recovers – for Now Wall Street’s major bourses opened sharply lower on Monday, reflecting a […]

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