LA Times Owner Patrick Soon-Shiong Sparks Debate With Push to 'Balance' Editorials by Hiring Conservative Voices 
Shiba Inu Set for Major Rally as Golden Cross Signals 23% Price Surge 
Ripple Whales Buy 320M XRP in Days, Driving Price to $1.08 Amid Bullish Market Trends 
‘Republican Power Play’: Trump’s Second Term Brings ‘Explosive’ Shifts in Congress Compared to 2016 Sweep 
Shiba Inu Burn Rate Spikes 464% With Over 624M SHIB Burned in a Week, Price Gains Ahead? 
Shiba Inu Team Sounds Alarm on Scammers Amid SHIB’s 12.5% Price Surge 
XRP Surges 82%, Golden Cross Signals Historic Breakout Beyond $1.265 
Xiaomi SU7 Blazes Past 100K Deliveries Early, Ramps Up 2024 Goal to 130K Units 
Nvidia's Blackwell AI Chip Overheats—Launch at Risk as Tech Giants Grow Anxious 
CNN Faces 'Unprecedented Crisis' After Historic Ratings Collapse: 'Only 61,000 Viewers in Key Demo' 
Shiba Inu Burn Rate Explodes 6223% as SHIB Price Rallies, Is $1 Within Reach? 
Russia Cuts Gas to Austria in Payment Showdown: EU Energy Crisis Takes a Heated Turn 
Cathie Wood Predicts Bitcoin’s Path to $1.5 Million by 2030, Fueled by ETFs and Institutional Support 
Taiwan Appeals to EU for Bold Economic Pact to Strengthen Semiconductor Alliance 
S&P 500 to Surge Backloaded in 2025: UBS Predicts 6,400 Milestone Amid Global Growth Headwinds 
Cathie Wood Says Bitcoin’s Journey Is Just Beginning as It Hits $90K With "A Long Way to Go" 
Boeing's chief executive officer, Dave Calhoun, will leave the company at the end of this year. His departure was announced abruptly on Monday, March 25, as part of the firm's leadership overhaul.
Boeing said it will revamp its leadership amid ongoing issues centered on safety probes. It was confirmed that Calhoun's exit will be included in the extensive changes in management.
Mounting Safety Crisis
The New York Times reported that Boeing was put under pressure from airlines, regulators, and passengers after the Alaskan Airlines incident in January, in which a large panel blew off mid-air. The plane involved was a 737 Max 9 plane, which led to the suspension of flights while the units of this plane model were being checked.
The US Federal Aviation Administration (FAA) grounded 737 Max 9 planes across the United States following the incident, which also renewed concerns over the safety and quality of Boeing planes after they were involved in several recent crashes that took many people's lives.
It was reported that a recent review by the aviation regulator found several lapses in the company's Max production. The FAA gave Boeing 90 days to fix the issues, and the Department of Justice also informed Alaska Airlines passengers that they could be victims of a crime.
Leadership Shuffle at Boeing
Boeing's board members arranged a conference call last weekend and approved the leadership overhaul announced on Monday. In addition to CEO Dave Calhoun, Stanley A. Deal, the company's executive vice president and president and chief executive officer of Boeing Commercial Airplanes, is also stepping down.
According to CNN Business, Deal is vacating his post to retire. The plane maker appointed Stephanie Pope, currently serving as a chief operating officer, as his replacement, and she is taking over immediately. Lastly, it was also mentioned that Larry Kellner, Boeing's chairman, will not seek re-election as a board director, and members have elected former Qualcomm chief Steve Mollenkopf as his successor.
Photo by: CHUTTERSNAP/Unsplash
