Boeing has tapped Robert “Kelly” Ortberg as its new chief executive, the embattled aircraft manufacturer announced Wednesday. Ortberg will step into the role on Aug. 8, replacing David Calhoun, who announced his departure from the company earlier this year amid a flurry of controversy and regulatory scrutiny. “The...

Boeing finally picked its new CEO

Business Insider

Kelly Ortberg, the former CEO of aerospace company Rockwell Collins,  is  being considered, The Air Current reported.

One of these four people could be Boeing's next CEO

Today’s key story focuses about management succession and a new candidate for the Boeing CEO job, former Rockwell-Collins CEO Kelly Ortberg. He joins insiders Stephanie Pope, current Boeing Commercial Airplanes CEO, Pat Shanahan, Spirit AeroSystems CEO who has prior Boeing experience, and current Boeing Board Chair Steve Mollenkopf, the former CEO at Qualcom, as candidates for the leadership role. Boeing’s three division heads acquitted themselves well at Farnborough last week, focusing on operational improvements and customer discussions at the show.

The Daily Boeing: key stories for 30 July 2024

Fox Business

Boeing named aerospace industry veteran Robert "Kelly" Ortberg as its new CEO as the airplane manufacturer seeks to rebuild trust with regulators and the public.

Boeing names Kelly Ortberg as new CEO

Scripps News

Boeing has named a new president and CEO after reporting a loss of over $1.4 billion in the second quarter. Here's what to know.

Boeing names new president and CEO following big second quarter loss

The Biden administration is again gearing up to try to forgive the student debt of tens of millions of Americans, after the Supreme Court struck down its first effort last year. Now, the president has directed the U.S. Department of Education to pursue the regulatory process. In the coming days,...

Check your email: U.S. government is sending notes to millions on upcoming student-loan forgiveness

Cook has briefed multiple people around him about his departure news in recent days, although he hasn’t explained why he was leaving. The sources requested anonymity as the conversations were private. His departure adds to high-profile shifts within Tiger Global. Scott Shleifer, who previously led the firm’s private equity...

Tiger Global partner Alex Cook to leave firm, sources say

Supreet Kaur said that companies' expectations around the experience needed to land an AI job changed in the last two years.

She interviewed for 15 AI roles before landing a Microsoft offer. It made her realize how the job market has changed.

Aside from a medal, a stuffed toy of the Olympics mascot and a "mysterious" box containing the official event poster, some medalists receive additional financial rewards for their efforts. While the IOC does not give out prize money for winning medals, several home countries do reward their athletes with medal...

Here's how much athletes at the Paris Olympics earn for winning medals

IndieWire
















“The Daily Show” host and longtime soap-boxer, Jon Stewart, who recently scrapped plans to film episodes at the Republican National Convention, is voicing his concern for certain media outlets’ closed-door antics in regards to allowing their on-camera reporters and pundits to speak freely. Speaking on his “The Weekly Show” podcast, Stewart expressed genuine angst over the challenges of getting professionals in TV journalism to speak with him. Captioning Still Needs a Human Touch



“It’s difficult for us to book pundits or journalists that are on television. Their organizations will not let them come on our podcast,” Stewart said. “Let that sink in...

Jon Stewart Sounds the Alarm on CNN and NBC: Reporters Are Being ‘Restricted’ from ‘Giving Their Opinion’

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Austin, TX

The Next-Generation Microelectronics Manufacturing program, known as NGMM, aims to unlock accessible prototyping for the chips of tomorrow with a new agreement to establish the first-ever national center for advancing U.S.-based microelectronics manufacturing. DARPA will work with the University of Texas at Austin and its existing Texas Institute for Electronics...

DARPA Establishing National Center for Advancing U.S.-Based Microelectronics Manufacturing

Citrus growers are losing millions of dollars every year as U.S. orange production plummets amid extreme weather events, incurable citrus greening disease and inflationary pressure. In 2024, orange juice futures hit records and prices may even go higher. The problems plaguing global citrus production are not easily remedied, but experts are hopeful investment in innovations can help save U.S. citrus groves.

Why orange juice futures hit records and prices may even go higher

J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

The Independent

Boeing lost more than $1.4 billion in the second quarter and said a longtime industry executive will take over as chief executive of the troubled aircraft manufacturer next week.Robert “Kelly” Ortberg, 64, a former CEO at Rockwell Collins, will succeed c as CEO, the company said.Boeing's loss was wider and revenue lower than Wall Street expected. Revenue fell 15% from a year earlier, and both its commercial-airplanes business and defense unit lost money.The disappointing results come at a tumultuous time for Boeing. The company agreed to plead guilty to fraud in connection with the Max, two of which crashed, killing...

Boeing names new CEO as it posts a loss of more than $1.4 billion in second quarter

CBS News

Boeing said it has tapped aerospace executive Robert K. "Kelly" Ortberg as its next president and chief executive, replacing outgoing CEO Dave Calhoun in the wake of increased regulatory scrutiny sparked by the aircraft manufacturer's production problems. Ortberg, 64, is the former CEO of Rockwell Collins, an aerospace company that was a supplier of avionics systems for Boeing. Ortberg served as the head of Rockwell Collins from 2013 through its integration with United Technologies and RTX, until he retired from RTX in 2021. Ortberg's appointment will be effective as of August 8, Boeing said Wednesday in a statement. .The appointment comes four months...

Boeing picks aerospace executive Kelly Ortberg as its next CEO

Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs and boost profits. The company, which reported disappointing first-half results last week, said that if not enough employees participate in the buyout, involuntary terminations could follow. In...

Stellantis to offer broad buyouts to U.S. salaried workers, warns of possible layoffs

Airbus is drawing up a turnaround plan for its struggling Space Systems business, industry sources said, without waiting for the outcome of European consolidation talks that include Italy’s Leonardo as well as France’s Thales. Airbus also hopes to complete a separate Space Systems strategy review in the fourth...

Airbus to restructure Space Systems as consolidation talks continue

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Uber plans to use 100,000 electric BYD cars on its ride-hailing platform, starting in Europe and Latin America, the two companies announced Wednesday. The companies will also develop “autonomous-capable vehicles” for Uber’s ride-hailing platform, the press release said. The multi-year strategic partnership comes despite the EU following...

Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’

NewsBreak

Boeing taps aerospace veteran Ortberg to replace Dave Calhoun as CEO

Boeing has named Robert \"Kelly\" Ortberg to succeed Dave Calhoun. Ortberg, 64, previously led major aerospace supplier Rockwell Collins and has more than three decades of...

Boeing has named Robert "Kelly" Ortberg to succeed Dave Calhoun. Ortberg, 64, previously led major aerospace supplier Rockwell Collins and has more than three decades of...

Boeing taps aerospace veteran Ortberg to replace Dave Calhoun as CEO

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