Boeing CEO Dave Calhoun faces a Senate panel on Tuesday to address the ongoing issues at the company. Despite acknowledging that Boeing’s culture is “far from perfect,” Calhoun is under scrutiny as fresh whistleblower claims have surfaced just hours before the hearing. These claims allege that the company mishandled hundreds of defective parts, raising serious
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Senator Elizabeth Warren has accused Federal Reserve Chair Jerome Powell of taking actions that benefit the financial industry at the expense of the public. Warren claims that Powell is pushing for changes to regulations that would decrease the amount of capital large American banks are required to hold. This accusation comes after reports surfaced that
In a groundbreaking move, the Food and Drug Administration has approved Merck’s new vaccine, Capvaxive, specifically designed to protect adults from pneumococcus bacteria, a leading cause of pneumonia and serious illnesses. This innovative vaccine targets 21 strains of the bacteria, aiming to prevent the severe form of pneumococcal disease that can lead to other health
Eli Lilly’s success in the weight loss and diabetes treatment market has been nothing short of extraordinary. The demand for their medications, such as Mounjaro and Zepbound, has skyrocketed over the past year, leading to a significant increase in revenue and investor optimism. However, while the company has seen impressive growth under the leadership of
This past weekend, Disney and Pixar made a triumphant return to the box office with the release of “Inside Out 2,” which raked in an incredible $155 million domestically. This stunning figure marked the second-highest theatrical opening for an animated film, only behind Warner Bros.’ “Barbie.” It is clear that audiences were eager to welcome
Boeing’s Starliner capsule, named “Calypso,” is set to remain at the International Space Station (ISS) for a longer duration than originally planned. Initially intended for a nine-day mission, the Starliner crew flight test is now expected to last at least 17 days, doubling the original timeline. This extended stay will allow for further spacecraft testing,
The Pentagon recently announced the first winning bidders in its rocket launch contract sweepstakes, and to everyone’s surprise, Jeff Bezos’ Blue Origin secured a spot for the first time. This victory came as part of contracts awarded under the Pentagon’s $5.6 billion National Security Space Launch (NSSL) program. Blue Origin’s winning bid marks a significant
GameStop’s annual shareholder meeting was thrown into chaos on Thursday as computer problems plagued the event. The meeting, scheduled to start at 11 a.m. ET, was hosted on ComputerShare. However, many attendees were met with error messages when trying to access the stream, with the page failing to load. According to reports on social media
The news of Joey “Jaws” Chestnut parting ways with Major League Eating and Nathan’s Famous ahead of the Fourth of July hot dog eating contest has sent shockwaves through the competitive eating world. The 16-time champion, known for his impressive hot dog consuming skills, was reportedly offered a lucrative contract to continue participating in the
An investigation is currently underway by a federal court-appointed watchdog, Neil Barofsky, to monitor the United Auto Workers (UAW) and eliminate corruption within the organization. The focus of the investigation is on whether UAW President Shawn Fain abused his power and engaged in corrupt practices. Barofsky accuses Fain and other union leaders of obstructing the