Business Insider

Airbus said it would also receive $559 million in compensation from Spirit AeroSystems. Boeing is buying the bulk of the business.

Airbus agrees to pay $1 for Spirit AeroSystems assets in deal sparked by Boeing 737 Max blowout

DC News Now

(WJET/WFXP) — Boeing announced on Monday that they have agreed to a definitive merger agreement to acquire Spirit AreoSystems. “We believe this deal is in the best interest of the flying public, our airline customers, the employees of Spirit and Boeing, our shareholders and the country more broadly. By reintegrating Spirit, we can fully align […]

Boeing agrees to acquire Spirit AeroSystem

Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. It said it agreed to pay $37.25 a share in Boeing stock for Spirit, giving the aerospace company an equity value of $4.7 billion. Including Spirit’s debt the deal has a transaction value of $8.3 billion Boeing said. Spirit’s shares closed Friday at $32.87 a share, giving it a market capitalization of about $3.8 billion.

Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Daily Mail

Faked documentation certifying the authenticity of the titanium could mean it was not up to standard or tested to withstand the rigors of air travel, but Boeing and Airbus insist the planes are safe.

Boeing and Airbus planes were constructed with 'fake' Chinese titanium that could cause their jets to break apart in mid-air, FAA fears

It seems like planes are dropping out of the sky all the time right now. Some fell from turbulence, others for entirely unknown reasons. The most recent dramatic dive, however, comes from the scariest cause of all: An actual mechanical issue with a Korean Air Boeing 737. Suggested Reading. The...

Boeing 737 Loses Pressure And Drops 25,000 Feet

Business Times

King Charles is reportedly planning to rent out the Royal Lodge, currently occupied by his scandal-ridden brother Prince Andrew, for an estimated $1.2 million per year. This decision aims to generate commercial revenue from the property, located in Windsor Great Park, which has been the residence of Prince Andrew.

King Charles to Rent Royal Lodge Post-Prince Andrew Eviction for $1.2 Million Annually - Report

Boeing's stock took a hit this week as the aerospace giant grappled with the fallout from an Alaska Airlines incident in January, where a door plug blew off a 737 Max shortly after takeoff. The company disclosed that missing paperwork and a lack of proper documentation were key factors in the mishap, prompting sharp rebukes from safety regulators.

Boeing Admits Quality Control Failures in Alaska Air Incident, Faces NTSB Backlash

The U.S. is bolstering its military presence in the eastern Mediterranean, moving forces closer to Israel and Lebanon in response to escalating cross-border fire. This strategic shift, involving the USS Wasp and its Amphibious Ready Group (ARG), underscores the increasing concern over potential conflict between Israel and Hezbollah.

U.S. Moves Naval Forces Closer to Israel and Lebanon as Cross-Border Tensions Mount

The national average for a 30-year fixed-rate mortgage has declined for the fourth consecutive week. According to Freddie Mac's latest report, the rate inched down to 6.86% from 6.87% the previous week, marking its lowest point since early April. This trend offers a glimmer of hope for a housing market that has been sluggish due to high rates and affordability challenges.

Mortgage Rate Eases to 6.86%, Lowest Since April, Amid Expectations for Continued Decline

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

Maine State

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Idaho State

Shop with Me Mama

Why Idaho Ranks in the Top 10 States Americans Are Flocking To in 2024. A lot of Idahoans are saying 'Idaho is FULL! Go find somewhere else to live!'. With that said, MANY people and their families are flocking to this state and calling it home.

Why Is Everyone Relocating To Idaho?

The United States is currently grappling with extreme weather patterns, characterized by relentless heat and persistent flooding. According to the National Weather Service, areas under a prolonged heat wave, particularly in the South and parts of the Plains, will continue to endure sweltering temperatures due to a persistent heat dome.

Record-Breaking Heat and Torrential Rains Batter U.S., Climate Change to Blame

The Independent

Parts used in recently manufactured Boeing and Airbus jets have been left peppered with small holes after components were sold under the false pretence they were made from titanium.The affected parts, which were supposed to be made of the strong and corrosion-resistant metal, were sold with allegedly counterfeit documents claiming to verify the material’s authenticity.An investigation has been launched by the US Federal Aviation Administration (FAA) and Spirit AeroSystems – which supplies wings to Airbus and fuselage for Boeing.It comes after an unnamed parts supplier uncovered small holes in the material from corrosion, The New York Times reported.The FAA is...

Scary skies: ‘Small holes’ lead to startling discovery of counterfeit titanium on Boeing and Airbus jets

The Supreme Court dismantled a massive $10 billion bankruptcy reorganization plan for Purdue Pharma, the manufacturer of OxyContin, which had been at the center of the nation's opioid crisis.

Supreme Court Blocks Purdue Pharma's $10 Billion Opioid Settlement, Jeopardizing Compensation for Victims

California State

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Oil prices continued their upward trajectory on Friday, marking the third consecutive week of gains. This rally was driven by growing anticipation that the U.S. Federal Reserve might soon begin cutting interest rates, coupled with concerns over potential supply disruptions from geopolitical conflicts in Russia and the Middle East.

Oil Prices Climb as Market Eyes Federal Reserve Moves and Geopolitical Tensions

The International Monetary Fund (IMF) has urged the United States to address its rising debt levels, even as it commended the country's robust economic growth and progress in managing inflation. In a closing statement from its "Article IV" review of U.S. economic policies, the IMF emphasized the need for fiscal reforms to mitigate risks to both the U.S. and global economies.

IMF Calls for U.S. Debt Reduction Amid Robust Economic Growth

Meghan Markle was visibly clinging to Prince Harry during their recent appearance with Prince William and Princess Kate, an event described as a rare moment of unity amid ongoing tensions between the royal couples.

Meghan Markle 'Clung to Prince Harry' During Somber Royal Engagement Amid Ongoing Feud

SpaceX is preparing an insider share sale that values the firm at an estimated $210 billion, according to sources cited by Bloomberg. This tender offer places SpaceX among the world's most valuable private companies, closing in on ByteDance, the Beijing-based parent company of TikTok, which is currently valued at $268 billion.

SpaceX’s New Tender Offer Boosts Valuation to $210 Billion

NewsBreak

Boeing to Acquire Spirit AeroSystems for $4.7 Billion Amid Safety Overhaul

Boeing has struck a deal to acquire Spirit AeroSystems for $4.7...

Boeing to Acquire Spirit AeroSystems for $4.7 Billion Amid Safety Overhaul

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