Tag Archives: Government regulations

How major US stock indexes fared Tuesday, 3/19/2024

Wall Street notched another record high as traders wait to hear what the Federal Reserve will do with interest rates. The S&P 500 shook off an early loss and closed 0.6% higher Tuesday, beating the all-time high it set last week. The Dow Jones Industrial Average rose 0.8% and the Nasdaq composite rose 0.4%, both closing slightly below their own …

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Boeing’s safety culture falls short despite the company’s efforts to fix it, according to experts

When it comes to safety culture at Boeing, there is a “disconnect” between senior management and workers, and employees responsible for checking the company’s planes question whether they can raise issues without fear of retaliation, according to a panel of outside experts. The aviation-industry and government experts also said safety training and procedures at Boeing are constantly changing, leading to …

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FAA tells Congress not to raise the mandatory retirement for pilots until it can study the issue

WASHINGTON (AP) — The Federal Aviation Administration is warning Congress not to raise the mandatory retirement age for airline pilots until the agency can study whether older pilots would raise safety risks. FAA Administrator Michael Whitaker said in a letter to two key senators that pilot fitness is critical to safety, and the agency should be able to create safeguards …

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