Columbus, OH

The Hill

Boeing said Monday that it plans to purchase Spirit AeroSystems in a $4.7 billion all-stock deal decades after it spun off the supplier. The planemaker has for years outsourced parts of its production process to the Spirit. But as Boeing seeks to rehabilitate its safety and quality record after the door plug of a Boeing…

Boeing acquiring supplier Spirit AeroSystems for $4.7B

Wichita, KS

Boeing agreed to buy Spirit AeroSystems, one of its major suppliers and manufacturing partners, as part of its plan to overhaul the aircraft maker’s badly damaged safety reputation.

Boeing agrees to buy Spirit AeroSystems as part of plan to shore up safety

The Independent

 A quality inspector has alleged that Boeing lost track of hundreds of faulty parts - and some may be on Max 737 planes that have become a focus of safety concerns.  The claims were presented in a June 11 complaint by Boeing inspector Sam Mohawk with the Occupational Safety and Health Administration. His statements have since been made public by a memo to members by a Senate subcommittee. That committee is set to hear testimony later Tuesday about the Boeing’s manufacturing process, which has faced federal investigations after a series of high-profile mishaps. The complaint claimed that Boeing...

Whistleblower says Boeing lost hundreds of faulty parts -- and some may be on new 737 Max planes

CBS News

As Boeing faces multiple whistleblower complaints over safety, the company recently gave special access in a tightly-controlled media tour to its 737 Max production this week.The rare glimpse aimed to show changes the company says are being made in real time after a door panel blew out on an Alaska Airlines flight in January."I believe the steps we're taking today will make us an even better company," Boeing Senior Vice President Elizabeth Lund said during the tour. Boeing said missing paperwork was part of the problem regarding the Alaska Airlines incident. The plane left the factory without the bolts holding the...

Rare glimpse into Boeing 737 Max production facility amid turmoil

Reuters

(Reuters) -Alaska Airlines said on Friday it has returned to Boeing the 737 MAX 9 plane that in January was involved in a mid-air door panel blowout. "They have taken possession of it and the registration has been changed," an Alaska Airlines spokesperson said, adding an order for a new 737-10 has also been placed.

Alaska Air returns 737 MAX 9 involved in mid-air blowout to Boeing

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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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

Eric Rutkoske, Guggenheim global head of M&A, joins 'Money Movers' to discuss what's driving the jump in M&A in Europe, the mixed signals Rutkoske is seeing, and more.

Election outcomes in this cycle are more significant than past: Guggenheim's Eric Rutkoske

Kathy Bostjancic, chief economist at Nationwide Mutual; Jim Caron, chief investment officer at Morgan Stanley Investment Management; and CNBC's Steve Liesman join 'The Exchange' to discuss June manufacturing data, the implication for Fed rate cuts, and how to position.

Weak manufacturing data paves the way for September rate cut, says Nationwide's Kathy Bostjancic

A current Boeing employee claims that the company tried to shield broken or out-of-specification 737 Max plane parts from regulators and lost track of them, according to a Senate subcommittee investigation made public Tuesday. This latest whistleblower came forward hours before Boeing CEO Dave Calhoun testifies on Capitol Hill amid growing questions over the safety of Boeing’s aircraft. Democratic Sen. Richard Blumenthal chairs the subcommittee holding the hearing and joins Sara Sidner to discuss. 

New Boeing whistleblower shared ‘chilling’ account of retaliation, senator says

Fremont, CA

At 32, after 12 years of living rent-free with my parents in the San Francisco Bay area, I was ready to move into my own place. I had saved $400,000 and had the flexibility to make the leap, but whether it was uncertain streams of income, wanderlust and mostly, the financial benefits of staying put, something had been holding me back. Until November 2023, when I visited a friend at their Fremont, California, apartment complex.

33-year-old pays $2,146/month for 556-square-foot studio in California furnished 'almost entirely with Costco': Take a look inside

USDA loans allow eligible homebuyers to get zero-down-payment mortgages in rural areas. Because they're backed by the U.S. Department of Agriculture, these loans have lower rates and more flexible credit requirements than conventional mortgages. They also don't require private mortgage insurance, which can add more than 2% to your loan annually.

What is a USDA loan and am I eligible?

— This is the script of CNBC's news report for China's CCTV on June 27, 2024. In the United States, starting early last year, Novo Nordisk's weight-loss version of Semaglutide, marketed as Wegovy, along with other GLP-1 class weight-loss drugs, went viral on social media. These drugs, known for their appetite-suppressing effects, have sparked a wave of speculation on Wall Street, with analysts predicting potential shifts in consumer behavior that could impact the food and beverage industry.

CCTV Script 27/06/24

Götene, about 200 miles from Stockholm, is selling plots of land starting at 1 krona per square meter or nine US cents per 10 square feet. Buyers must build a home on the land with plans to either live there permanently or use it as a vacation property, according to CNN.

This scenic town in Sweden is selling cheap land to get people to move there: 'We can bring you a high quality of life,' mayor says

Missouri State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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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

Although the unemployment rate is just 4%, there is a growing share of young adults not working. "NEETS" are opting out of the labor force by choice. Others, referred to as "new unemployables," are struggling to find employment despite their best efforts. Although the unemployment rate has spent 30 months...

'NEETS' and 'new unemployables' — why some young adults aren’t working

Shivaan Tandon of Capital Economics discusses the outlook for South Korea's economy, interest rates and investing opportunities.

'A lot of weakening' in South Korea's domestic demand, economist says

Atlanta, GA

Richmond, VA

This story is part of CNBC Make It's Six-Figure Side Hustle series, where people with lucrative side hustles break down the routines and habits they've used to make money on top of their full-time jobs. Got a story to tell? Let us know! Email us at AskMakeIt@cnbc.com. Teyoshe Smith's previous...

43-year-old started a 'kitchen island' side hustle on Facebook Marketplace—now it brings in $379,000 a year

LONDON — European stocks are expected to open in mixed territory Tuesday, with market participants looking ahead to the release of the euro zone's latest inflation data. The euro zone's consumer price index for June will be closely watched for how it could affect the European Central Bank's next decision on interest rates. Other data includes euro zone unemployment figures for May and Sainsbury's will release earnings.

European markets head for choppy open ahead of euro zone inflation data

New Jersey State

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

New York City, NY

The New York borough of Manhattan is the most expensive place to live in the U.S. — and the cost of living in the No. 2 place isn't even close. The cost of living in Manhattan is more than twice the national average. The second- and third-most expensive places are Honolulu and San Jose, California, but in comparison, they are much more affordable. Manhattan is 24% more expensive than Honolulu and 30% more expensive than San Jose.

The 10 U.S. places with the highest cost of living—No. 1 costs more than double the national average

NewsBreak

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

Boeing said in March that it was in talks to acquire fuselage maker Spirit AeroSystems. The deal comes after a big leadership shake-up at Boeing and...

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

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