Boeing 737 MAX Jet once again under the microscope

  • last year
TheStreet’s J.D. Durkin brings you the biggest news of the day, including how the market fared and why Boeing’s 737 MAX is under the microscope again.

Category

🥇
Sports
Transcript
00:00 I'm JD Durkin reporting from the New York Stock Exchange.
00:03 Stocks were mixed to close out today's session.
00:05 The Dow closed up 58 points.
00:07 The Nasdaq closed down fractionally, while the S&P 500 closed fractionally higher.
00:12 This all comes as investors look ahead to the final trading day of the year.
00:16 All three major averages are on pace to finish out 2023 in the green, with the S&P 500 still
00:22 just a few points away from notching a new record high.
00:26 Looking ahead now to 2024, investors will be keeping a close eye on a number of factors,
00:31 including interest rates, inflation, and of course, the U.S. labor market.
00:34 Experts are split on whether or not a recession will occur in the year ahead.
00:39 In other news, Boeing's 737 MaxJet is once again making headlines, and once again, it's
00:45 not for a good reason.
00:46 The company released a statement saying an unidentified airline found a loose bolt in
00:51 the plane's rudder system, which helped stabilize the plane during flight.
00:55 The issue was caught during a maintenance check, not during a flight itself, and Boeing
00:59 is now urging all airlines to inspect their jets for the same problem.
01:04 According to the Federal Aviation Administration, the part is considered critical to the aircraft's
01:08 safety and requires two different people to sign off on its inspection.
01:13 The FAA said it will "consider additional action based on any further discovery of loose
01:18 or missing hardware."
01:20 The plane has been at the forefront of controversy, of course, in recent years.
01:24 After two crashes killed 346 people in 2019, Boeing grounded the 737 Max for 20 months,
01:32 costing the company more than $20 billion.
01:35 The planes have required several additional inspections since returning to the skies back
01:39 in 2020.
01:41 Boeing has 1,370 737 MaxJets in service worldwide.
01:47 That'll do it for your daily briefing.
01:48 From the floor of the New York Stock Exchange, I'm J.D. Durkin with The Street.
01:51 Thanks.
01:52 [BLANK_AUDIO]

Recommended

2:18
I
Up next
This is the best time to buy a house
The Street
2:20
DirecTV and Dish Network are merging in a $10 billion deal
The Street
2:01
Port strike could be a nightmare for consumers
The Street
1:50
Why a soft landing is still possible
The Street
1:02
You’re Invited Trailer for Netflix’s Squid Game Season 2
FanReviews
1:39
Stamps set to see five price increases over the next three years
The Street
0:34
Tesla Bursts Into Flames After Hurricane Helene, Florida Officials Warn of EV Risks
Benzinga
0:35
Oil Prices Steady After Hezbollah Leader Killed with Eyes on China's Stimulus
Benzinga
0:30
Sneak Peek at 9-1-1’s Bee-Nado Part 2
FanReviews
0:40
Worst Thing on FOX's New Series Rescue: Hi-Surf
FanReviews
0:42
Toyota Recalls 42,000 Corolla Hybrids Over Brake Pedal Issue
Benzinga
2:01
Southwest Airlines reveals how new boarding process will work
The Street
1:43
Zillow’s new climate-risk assessment tool
The Street
40:00
new Eritrean film begie ab alemu part 1
Film Series
59:00
KINA KINA | NEPALI MOVIE ONLINE | PART 1
Film Series
29:25
Film Magic Hour - Part 3
Film Series
4:11
What a cost of living adjustment means for retirees
The Street
1:59
Looming port worker strike could put a dent in your wallet
The Street
1:44
Ozempic could help lower the risk of an opioid overdose
The Street
3:01
Will remote work continue, or is it becoming a thing of the past?
The Street
2:06
Caroline Ellison sentenced in FTX fraud case
The Street
1:59
Visa is being targeted by the Department of Justice
The Street
3:06
How you can be more likeable at work
The Street
2:01
Boeing increases offer to striking workers
The Street
1:59
U.S. considers smart car ban over security issue
The Street