Boeing's head of 737 Max program loses job after midair blowout
CBSN
The Boeing executive in charge of the company's 737 Max production program is out of a job, Boeing said in an email to employees Wednesday.
Ed Clark, who oversaw 737 production "is leaving the company" after nearly 18 years, Stan Deal, CEO of Boeing's commercial plane unit, wrote in a company memo, obtained by CBS News.
Katie Ringgold, former vice president of 737 delivery operations, is replacing him, effective immediately.
President Biden on Monday signed into law a defense bill that authorizes significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to $895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.
It's Christmas Eve, and Santa Claus is suiting up for his annual voyage from the North Pole to households around the world. In keeping with decades of tradition, the North American Aerospace Command, or NORAD, will once again track Santa's journey to deliver gifts to children before Christmas 2024, using an official map that's updated consistently to show where he is right now.
An anti-money laundering law called the Corporate Transparency Act, or CTA, appears to have been given new life after an appeals court on Monday determined its rules can be enforced as the case proceeds. The law requires small business owners to register with the Financial Crimes Enforcement Network, or FinCEN, by Jan. 1, or potentially pay fines of up to $10,000.