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Mission impossible? Next Boeing CEO faces pile of problems
Mission impossible? Next Boeing CEO faces pile of problems
by  AFP

Since announcing plans in late March to replace CEO Dave Calhoun at the end of 2024, Boeing's problems have seemingly gone from bad to worse, complicating an already daunting executive search. Given the depth of the problems, some Boeing watchers argue the company needs to make profound changes beyond the executive-suite shakeup already announced, which keeps Calhoun in his post through December.

Japan economy suffers worse-than-expected contraction of 0.5%
Japan economy suffers worse-than-expected contraction of 0.5%
by  AFP

Japan's economy suffered a worse-than-expected contraction in the first quarter, official data showed Thursday, in further bad news for its unpopular government. In the previous quarter, from July to September, GDP suffered a major contraction of 0.9 percent, also revised on Thursday from an earlier reading of minus 0.8 percent.

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