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Marketplace All-in-One

FAA calls for inspections of some older Boeing 737 planes

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 22 January 2024

⏱️ 1 minutes

🧾️ Download transcript

Summary

FAA calls for inspections of Boeing 737-900ER models; ADM investigating its accounting practices; Exxon Mobil sues to stop shareholder proposal on emissions reductions; Macy’s rejects takeover bid.

Transcript

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0:00.0

Boeing's problems are no longer confined to 737 Max Nine's.

0:07.0

I'm Nova Safa with a marketplace minute.

0:09.4

Boeing's been under scrutiny for how it produces Max Nine's after one of the planes lost a door plug

0:14.7

mid-flight earlier this month. The Federal Aviation Administration is now

0:19.0

telling airlines to also inspect older 737-900 ER models, they have a similar door plug.

0:27.2

Grain Giant Archer Daniels Midland says it's investigating some of its accounting practices.

0:32.4

It placed its chief financial officer on

0:34.2

administrative leave and is delaying its quarterly earnings report.

0:37.2

ExxonMobil is suing two groups of investors over a shareholder proposal calling

0:42.1

for stronger emissions reduction goals.

0:45.1

The oil giant said the proposal would harm its existing business.

0:49.4

Macy's has rejected a $6 billion takeover bid from two investment firms, among other things the retailer said

0:54.7

the offer was too low.

0:57.3

It also stressed that it is not looking to sell itself to other parties.

1:01.6

I'm Novasafo with a Marketplace Minute.

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