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Nation and World

737 Max troubles bring down Boeing CEO Muilenburg

The Chicago manufacturer said Monday that Dennis Muilenburg is stepping down immediately. The board’s current chairman David Calhoun will officially take over on January 13.

Joseph Segel, QVC and Franklin Mint founder, dead at 88

Joseph Segel, a “quintessential entrepreneur” who founded the home-shopping network QVC, has died, the company that owns the channel announced. He was 88.

Boeing woes grow as United drops 737 Max flights through June

The developments follow Boeing’s announcement Monday that it would halt Max production in January as it became increasingly clear that it still has many regulatory hurdles to clear. It did not say when production would resume.

THE LATEST
266K jobs added in Oct.; unemployment falls to 50-year low of 3.5%

The unemployment rate declined to 3.5% in October, matching a half-century low, the Labor Department reported Friday. And wages rose a solid 3.1% in November compared with a year ago.

Airbnb introduces rules to crack down on parties, nuisances

Airbnb is taking more steps to crack down on parties and nuisance guests in the wake of a Halloween shooting at an Airbnb rental in a San Francisco suburb.

Global frenzy of Black Friday not welcome by all

The U.S. sales phenomenon has spread to retailers across the world in recent years with such force that it’s prompting a backlash from some activists, politicians and even consumers.

Tesla unveils electric pickup truck

Tesla is aiming for the heart of the auto industry’s profit machine with its own version of the heavy pickup truck.

Consumers spooked? US retail sales dip 0.3% in September

Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending.

Boeing, FAA share blame in certification of the 737 Max, report says

Boeing did not fully explain to federal regulators an automated flight system featured in its new 737 Max, and those regulators didn’t have the capability to effectively analyze much of what Boeing did share about the plane.

Southwest pilots’ union sues Boeing over grounding of 737 Max

The Southwest Airlines Pilots Association said in the lawsuit filed Monday that Boeing misled pilots and airlines by not telling them about a new flight-control system called MCAS that is at the center of investigations into the accidents.

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