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U.S. stocks weekly: Tech heavy lift

BUZZ-U.S. stocks weekly: Tech heavy lift ** S&P 500 .SPX rises 2nd straight week, adds 1.6% as tech leads the way amid interest rates plunge .N ** That said, S&P 500 key reversal, event risks, divergence have bulls on edge ** This as a breadth check has Nasdaq .IXIC , S&P 500 wheezing ** Benchmark U.S. 10-Year Treasury yield US10YT=RR poised for biggest weekly drop of year after economic data provided latest evidence inflation may be cooling ** And with decline to around 4.20%, 10-year yield thr
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Canada in contact with foreign regulators on probe of titanium in Boeing, Airbus jets

REFILE-Canada in contact with foreign regulators on probe of titanium in Boeing, Airbus jets Corrects time element to Friday, instead of Thursday, in first paragraph MONTREAL, June 14 (Reuters) - Canada's transportation regulator said on Friday it was in contact with foreign regulators for a coordinated approach to allegations that Boeing BA.N and Airbus AIR.PA were sold titanium components with fake documentation.
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Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say

EXCLUSIVE-Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say Adds additional background on Boeing, Airbus By Allison Lampert and Tim Hepher June 14 (Reuters) - Boeing BA.N has told suppliers it is delaying a key production milestone for its 737 jet family by three months, two industry sources said, as it continues to struggle with a crisis that is hurting output .
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US NTSB investigating 'Dutch roll' by Southwest Boeing 737 MAX

UPDATE 2-US NTSB investigating 'Dutch roll' by Southwest Boeing 737 MAX Adds Southwest memo, more details By David Shepardson WASHINGTON, June 14 (Reuters) - The U.S. National Transportation Safety Board said on Friday it is investigating why a Boeing BA.N 737 MAX operated by Southwest Airlines LUV.N rolled during a flight last month. The NTSB said the plane experienced what the crew said was a "Dutch roll" at 34,000 feet while en route from Phoenix, Arizona to Oakland, California on May 25. Suc
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Republican Senator Grassley launches new probe into Boeing, FAA

UPDATE 2-Republican Senator Grassley launches new probe into Boeing, FAA Adds FAA, Boeing comments By David Shepardson WASHINGTON, June 14 (Reuters) - Republican U.S. Senator Chuck Grassley said on Friday he is launching a new congressional oversight inquiry into the Federal Aviation Administration and Boeing BA.N after a January mid-air emergency involving a 737 MAX 9. The probe is the latest in a series of investigations by lawmakers since a door panel blew out during a Jan.
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Southwest Plane Plunged Within 400 Feet Of Ocean Near Hawaii- Bloomberg News

BRIEF-Southwest Plane Plunged Within 400 Feet Of Ocean Near Hawaii- Bloomberg News June 14 (Reuters) - SOUTHWEST PLANE PLUNGED WITHIN 400 FEET OF OCEAN NEAR HAWAII- BLOOMBERG NEWS Source text : https://tinyurl.com/2auzg8eo Further company coverage: BA.N
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US NTSB opens probe into Southwest Boeing 737 MAX in-flight event

US NTSB opens probe into Southwest Boeing 737 MAX in-flight event WASHINGTON, June 14 (Reuters) - The National Transportation Safety Board said Friday it is opening an investigation into a May 25 in-flight oscillation event involving a Boeing BA.N 737 MAX operated by Southwest Airlines LUV.N . The NTSB said the plane experienced what was described by the crew as a "Dutch roll" at 34,000 feet enroute from Phoenix, Arizona to Oakland, California.
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US House approves defense policy bill with divisive provision on abortion, transgender troops

UPDATE 2-US House approves defense policy bill with divisive provision on abortion, transgender troops Adds details on Senate version of bill By Mike Stone and Richard Cowan WASHINGTON, June 14 (Reuters) - The U.S. House Of Representatives on Friday passed its version of the annual defense policy bill that included measures taking aim at abortion rights and treatment of transgender service members, divisive social issues which threaten to derail the must-pass legislation.
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Republican Senator Grassley launches new probe into Boeing, FAA

Republican Senator Grassley launches new probe into Boeing, FAA WASHINGTON, June 14 (Reuters) - Republican Senator Chuck Grassley said Friday he is launching a new congressional oversight inquiry into the Federal Aviation Administration and Boeing BA.N after a January mid-air emergency involving a 737 MAX 9. The probe is the latest in a series of investigations by lawmakers since the incident.
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Boeing Starliner set for June 22 undocking, return to Earth, NASA says

UPDATE 2-Boeing Starliner set for June 22 undocking, return to Earth, NASA says Adds background and details of NASA statement throughout WASHINGTON, June 14 (Reuters) - The Boeing Starliner spacecraft is now scheduled to undock from the International Space Station and return to Earth on June 22 with its inaugural astronaut crew, NASA said on Friday, giving more time to finalize planning for the complicated process.
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Boeing Starliner undocking, return to Earth set for June 22, NASA says

CORRECTED-Boeing Starliner undocking, return to Earth set for June 22, NASA says Corrects to clarify undocking will occur June 22 WASHINGTON, June 14 (Reuters) - The Boeing Starliner will undock from the International Space Station and is scheduled to return to Earth on June 22, NASA said on Friday. Reporting by Chris Sanders and Doina Chiacu; edit
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U.S. FAA: Boeing Reported Voluntary Disclosure To FAA

BRIEF-U.S. FAA: Boeing Reported Voluntary Disclosure To FAA June 14 (Reuters) - Boeing Co BA.N : U.S. FAA: BOEING REPORTED VOLUNTARY DISCLOSURE TO FAA ON PROCUREMENT OF MATERIAL THROUGH DISTRIBUTOR WHO MAY HAVE FALSIFIED OR PROVIDED INCORRECT RECORDS U.S. FAA SAYS INVESTIGATING SCOPE AND IMPACT OF THE ISSUE U.S. FAA SAYS BOEING ISSUED BULLETIN OUTL
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Barbarians at Southwest gate overdo upgrade plea

RPT-BREAKINGVIEWS-Barbarians at Southwest gate overdo upgrade plea The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jeffrey Goldfarb NEW YORK, June 13 (Reuters Breakingviews) - Southwest Airlines LUV.N flew straight into treacherous territory. Under Bob Jordan’s tenure as chief executive since early 2022, the U.S.
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FAA investigating titanium used in some Boeing, Airbus jets

UPDATE 5-FAA investigating titanium used in some Boeing, Airbus jets Adds Airbus statement in paragraph 9 By David Shepardson WASHINGTON, June 14 (Reuters) - The U.S. Federal Aviation Administration is investigating whether false or incorrect documents were used to verify the authenticity of titanium used in some recently manufactured Boeing BA.N jets, the agency said.
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FAA investigating counterfeit titanium used on some Boeing and Airbus jets, NYT reports

FAA investigating counterfeit titanium used on some Boeing and Airbus jets, NYT reports June 14 (Reuters) - The U.S. Federal Aviation Administration is investigating falsified documents that were used to verify the authenticity of titanium used in some recently manufactured Boeing BA.N and Airbus AIR.PA jets, the New York Times reported on Friday.
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F.A.A. investigating how counterfeit titanium got into Boeing and Airbus jets- NYT

MEDIA-F.A.A. investigating how counterfeit titanium got into Boeing and Airbus jets- NYT -- Source link: https://tinyurl.com/2dhtwn33 -- Note: Reuters has not verified this story and does not vouch for its accuracy
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China Airlines Says Has Extended Leases On Eight A330-300 Passenger Jets

BRIEF-China Airlines Says Has Extended Leases On Eight A330-300 Passenger Jets June 14 (Reuters) - China Airlines 2610.TW : SAYS HAS EXTENDED LEASES ON EIGHT A330-300 PASSENGER JETS AT A COST OF UP TO $53 MILLION SAYS HAS EXTENDED LEASES ON 10 777-300ER JETS AT A COST OF UP TO $240 MILLION SAYS TO DIVEST UP TO 37 MILLION SHARES OF TIGERAIR AT NO LE
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FAA, EASA vow to boost collaboration on new airplane certification

UPDATE 1-FAA, EASA vow to boost collaboration on new airplane certification Adds more details and FAA and EASA comment from paragraphs 2 onwards By David Shepardson WASHINGTON, June 13 (Reuters) - The Federal Aviation Administration and European Union Aviation Safety Agency said on Thursday they would boost collaboration on new airplane certification following a three-day joint meeting in Washington.
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Blue Origin, SpaceX and United Launch Alliance picked for Pentagon rocket launch contracts

UPDATE 3-Blue Origin, SpaceX and United Launch Alliance picked for Pentagon rocket launch contracts Adds details from Space Force statement in paragraphs 11 and 12 By Joey Roulette WASHINGTON, June 13 (Reuters) - The U.S. Department of Defense picked Jeff Bezos' Blue Origin, Elon Musk's SpaceX and Boeing-Lockheed joint venture United Launch Alliance (ULA) to compete for national security space missions, making initial selections under a $5.6 billion award program.
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Blue Origin, SpaceX and United Launch Alliance picked for potential rocket launch contract

Blue Origin, SpaceX and United Launch Alliance picked for potential rocket launch contract WASHINGTON, June 13 (Reuters) - The U.S. Department of Defense on Thursday selected Blue Origin, SpaceX and United Launch Alliance to compete for a potential rocket launch contract valued at a maximum of $5.6 billion. Reporting by Jasper Ward
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