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Boeing
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- 1
A newly reported software glitch in the Boeing 737 MAX could disrupt one of the aircraft's navigation features, according to the Wall Street Journal. The report adds to ongoing scrutiny of the 737 MAX program, which has faced repeated regulatory and technical problems in recent years. Details about affected jets and potential fixes have not been disclosed, and regulators have not commented.
- 2Boeing Reaches Tentative Deal With Engineers on Higher Pay▼Boeing (BA) Reaches a Tentative Deal with Engineers. Will Higher Pay Help it Avoid a Strike?
Boeing has reached a tentative agreement with its engineers that includes higher pay, in an effort to prevent another strike at the aerospace company. The deal follows earlier labor disputes, including a costly machinists' strike. Attention now turns to whether union members will ratify the agreement or still vote to walk out. Investors are watching closely, as labor unrest has added to Boeing's financial and operational pressures.
- 3Norway Oil Workers' Strike Cuts Output by 2.4 Million Barrels▼Norway Oil Service Workers’ Strike Cuts Output by 2.4 Million boe, Industry Group Says
A strike by oil service workers in Norway has cut production by 2.4 million barrels of oil equivalent, according to an industry group. The stoppage is reducing output from one of Europe's largest energy producers, and attention is focused on how long the labour dispute will last and what it means for European energy supplies.