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Boeing CEO paid $33 mn in 2023, gave up bonus over MAX 9 incident
Boeing CEO paid $33 mn in 2023, gave up bonus over MAX 9 incident
Economy
by  AFP

Boeing's CEO received $33 million in compensation for 2023 but declined a potential $2.8 million bonus following the near-catastrophic Alaska Airlines incident in January, the company said Friday in a securities filing. Besides the lack of a 2023 bonus for Calhoun, Boeing also adjusted its 2024 long-term long incentive program to account for the Alaska Airlines incident.

Southwest Airlines delays departure of Boeing 737 due to engine fire
Southwest Airlines delays departure of Boeing 737 due to engine fire
Economy
by  AFP

A Southwest Airlines flight from Texas to Los Angeles was forced to abort during takeoff on Thursday due to an engine fire on a Boeing 737 aircraft, the latest problem incident on a Boeing jet. Southwest Flight 1928 "safely discontinued its takeoff roll" after cabin crew received an indication of a "possible engine issue" in the 737-800 jet, the airline told AFP by email on Friday.

Meta asks US judge to toss blockbuster antitrust case
Meta asks US judge to toss blockbuster antitrust case
Technology
by  AFP

Facebook giant Meta on Friday asked a federal judge to dismiss a case from a powerful US antitrust authority that could see the social media juggernaut forced to sell Instagram and WhatsApp. Meta also argued that TikTok and YouTube were absent in the FTC’s definition of the social media market, “ignoring many of the most popular activities people engage in on Facebook and Instagram."