Month: March 2024

Boeing Faces Justice Dept. Review Over Max 9 Incident

Boeing Faces Justice Dept. Review Over Max 9 Incident

Associated media - Connected media The Justice Department review was reported earlier by Bloomberg. The episode in January reignited the intense scrutiny and criticism that Boeing faced after crashes in Indonesia in late 2018 and Ethiopia in early 2019 killed a combined 346 people. The Max 8 and Max 9 were banned from flying globally days after the second crash. Since the jetliners started flying again in late 2020, they have carried out several million flights worldwide. The weight of the crisis appeared to be lifting before the January incident. A preliminary report from the National Transportation Safety Board suggested…
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Some Things Are More Important Than History

Some Things Are More Important Than History

Connected media - Related media He didn’t care that it was a no-hitter. He just wanted the Yankees to win. More than five hours after we arrived at Yankee Stadium, my 9-year-old son, Wes, had waited in line for an hour in a rainstorm, collected his coveted (replica) 1998 Yankees World Series ring, talked me into buying him a T-shirt, visited the Gluten Free Grill twice, mourned the season-ending injury to Jasson Domínguez, cheered Aaron Judge so loudly that his voice was getting hoarse and brushed off every single mention I made that Corbin Burnes, the starter for the Milwaukee…
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Ficohsa Commits to Doubling SME Loan Portfolio, Prioritizing Women-led Businesses and Financial Inclusion

Ficohsa Commits to Doubling SME Loan Portfolio, Prioritizing Women-led Businesses and Financial Inclusion

Ficohsa, under the leadership of Camilo Atala, has restated its dedication to growing its SME loan portfolio to $910 million over the next five years. The company will prioritize the advancement of businesses led by women by providing them with preferential lending options, insurance, and financial education. Since joining the Partnership for Central America (PCA) in July 2023, Ficohsa has already increased its SME loan portfolio by $60 million in Honduras, which has benefitted 8,500 newly established ventures.At Monday's semi-annual PCA Call to Action event with U.S. Vice President Harris, the significance of financial inclusion for the long-term progress of…
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FAA Gives Boeing 90 Days to Develop Plan to Address Quality-Control Issues

FAA Gives Boeing 90 Days to Develop Plan to Address Quality-Control Issues

Linked media - Associated media The meeting on Tuesday, which took place at the F.A.A.’s headquarters in Washington, came two weeks after Mr. Whitaker toured Boeing’s 737 plant in Renton, Wash. During his visit, Mr. Whitaker spoke with Boeing engineers and mechanics to try to get a better sense of the safety culture at the factory. The F.A.A. said after his visit that Mr. Whitaker planned to discuss what he saw during his visit when he met with Boeing executives in Washington. On Monday, the F.A.A. released a report by a panel of experts that found that Boeing’s safety culture…
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