United Airlines may not purchase Boeing’s next plane

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Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 23 January 2024

⏱️ 1 minutes

🔗️ Recording | iTunes | RSS

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Summary

United CEO Kirby considering alternatives after Max 9 grounding; Johnson & Johnson agrees to pay $700 million to resolve multi-state investigation into talc product marketing; 3M signals challenging year ahead.

Transcript

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0:00.0	United Airlines may not buy Boeing's next plane.
0:05.0	I'm Nova Safo with the Marketplace Minute.
0:07.0	United CEO Scott Kirby is considering alternatives to Boeing's next model,
0:12.0	the 737 Max 10.
0:14.8	This is in response to the grounding of Max 9 jets after a panel blew out during an Alaska
0:19.0	Airlines flight.
0:20.5	Kirby told CMBC that Boeing needs to do more to regain trust.
0:24.2	Edley crashes in 2018 and 19, temporarily grounded Max Plains and the company has since had a series
0:30.1	of manufacturing problems.
0:32.4	Johnson and Johnson has agreed to pay 700 million dollars to settle a multi-state investigation
0:36.8	into its marketing of talcum-based powder.
0:39.6	It previously offered $9 billion to resolve tens of thousands of lawsuits claiming the powder contained
0:44.4	asbestos.
0:45.4	Johnson and Johnson denies wrongdoing.
0:48.6	Manufacturing conglomerate 3M expects a challenging year ahead, the company which among other things makes displays for mobile
0:54.6	devices says retailers are cutting back.
0:57.5	Still, the company beat profit forecasts for the previous porter.
1:01.5	I'm Novasafo with a Marketplace Minute.

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