the plane—maker ceo, david calhoun, didn't appear today, but lawmakers said they expect him to testifyus presidentjoe biden has called for sharply higher tariffs on steel and aluminium imports from china. he's expected to propose raising the rate from 7.5% to 25%. mr biden�*s remarks were aimed at pleasing steelworkers — a key voting block — in the swing state of pennsylvania. he also promised steelworkers he would block the sale of us steel to a japanese firm — which has been controversial. the us house speaker says he plans to include the tiktok bill in a package of bills that are being fast tracked through congress. lawmakers want tiktok�*s owner bytedance to divest its us assets or face a ban. the bill needs to go to the senate, and if it passes there, president biden says he will sign it. shipping companies across the globe are keeping a close eye on the conflict in the middle east. freight costs have already gone up significantly due to escalating tensions and volatile oil prices. those costs could increase further, if there's any disruption to the strait of hormuz. just last wee

the plane—maker's ceo, david calhoun, didn't appear today, but lawmakers said they expect him to testifyunited airlines says it will receive compensation from boeing over the grounding of it 737 max 8 planes. united did not specify the amount it will receive in a us regulatory filing, it previously said it had lost $200 million this year so far. the planes were grounded after an unused door plug blew out midair on an alaska airlines flight in january. us presidentjoe biden has called for sharply higher tariffs on steel and aluminium imports from china. he's expected to propose raising the rate from 7.5% to 25%. mr biden�*s remarks were aimed at pleasing steelworkers — a key voting block — in the swing state of pennsylvania. he also promised steelworkers he would block the sale of us steel to a japanese firm, which has been controversial. the us house speaker says he plans to include the tiktok bill in a package of bills that are being fast tracked through congress. lawmakers want tiktok�*s owner bytedance to divest its us assets or face a ban. the bill needs to go to the senate, and if i

the plane—maker ceo, david calhoun, didn't appear today, but lawmakers said they expect him to testifyd's biggest public food company, the swiss multi—national nestle, is facing a shareholder vote at its agm later on whether to increase its range of healthy food products. several uk advocates for public health have called upon shareholders to support a special resolution. in a pre—filmed address to shareholders, the company's chairman called upon them to vote down the motion and said nestle has always been committed to providing nutritious food and drinks. we have always been helping consumers make informed choices as part of a balanced diet. of course, this also includes enjoying moments of indulgence. our good chocolate, for example, from time to time and in a responsible way. however, a small group of shareholders led by the ngo, shareaction, wants us to disengage from indulgent products. they even want us to include this in our articles of association. this is wrong. it would restrict nestle�*s strategic freedom and limit management's ability to make decisions. mr bulcke mentioned

david calhoun has been summoned to testify on capitol hill next week over the safety of his company'sircraft. this follows the whistle-blowing claims around the dreamliner who said they used short cuts. boeing denies the claim. in a staemt adding, quote, the claims are inaccution inaccurat because of the comprehensive work done to ensure the quality and long-term safety of the aircraft. >>> there are two issues with delta. strong guidance may be too much to ask. analysts say delta is a leader in international and corporate travel but restraints could weigh on kacapacity in the comi months. joining me now with her expectations is aerospace and defense analyst at jefferies. sheila, great to see you. >> good morning. thank you very much. >>> let's start with delta. more than 20% upside on the stock. what are you seeing in the travel market that's giving you so much confidence. >> when we think about boeing, the pressuring capacity should be positive for the domestic airline industry. why is that? particularly on a 737, which is used for domestic travel versus the 787 which is the wide bo

due to the increase in incidents , the company’s ceo david calhoun announced his resignation.in his footsteps chairman of the council. the lower house of parliament has formed the composition of the standing commissions, this week they have already announced the curators for each, and today their deputies and composition have been chosen. there are 14 standing commissions in the deputy corps, they include an average of 7-9 people, each is responsible for its own specific direction, from the national economy. in the meantime, the elections of delegates to the supreme council continue; today at the extraordinary congress of the federation of trade unions, 80 people were elected, they will be part of the meeting, become the voice of the people and will represent the interests of different layers of the population. nominees, leaders of trade union organizations at all levels, activists, honored workers of labor collectives from healthcare, education to industry and agriculture. the elections of delegates to the supreme council will last until april 10. were fixed in their jobs, bo

serial incidents boeing ceo david calhoun announced that he will step down by the end of this year.he suspicious john barnett, who disclosed about the safety problems of the planes manufactured by boeing , added to the problems of this giant of the aviation industry . the lifeless body of barnett, who was boeing's quality control manager for many years, was found three weeks ago in charleston. the cause of death has been declared as suicide, but his lawyers consider it suspicious and want to investigate the real cause of death. from day one focus only on it was an increase in production. someone cares about things. in the name and memory of god, i greet and respect your presence, dear compatriots. for the next few hours , we will have rains in the western parts of our country, the slopes of the zagros, the height of the central alborz. during this period, the activity of this system is intense for the provinces of east azarbaijan and west azarbaijan for the next few hours . we request to avoid staying on the banks of rivers. that's it for tuesday. so in parts of the western range of

after these serial incidents , david calhoun, ceo of boeing, announced to the media and now we see the world closed according to the picture. allah is great or da'wa and nabi, allah is the most direct. we are reaching the end of the world today. good night goodbye. at 30:00, the engine cover of one of the wings of the boeing plane in the united states was separated , causing an accident while taking off from the runway. this plane had this problem while taking off from the runway at denver airport and had to return to the origin after taking off. in this incident, the passengers were not injured and the plane was taken to the hangar after landing. boeing has been widely criticized after the 737 max cabin door was torn off on january 5. according to customs statistics, the volume of foreign trade is negligible.

the onus is on boeing to do more and we have seen the ceo david calhoun will be leaving at the end ofan, who headed the commercial airplanes unit, will be retiring. is that sufficient? nicolas: those are words to live by. we should all be judged by our actions. i think those two leaders stepping down clears the way for change. i do not think there stepping down is sufficient. customers and airlines express frustration that these production defects kept coming to light and they did not see the light at the end of the tunnel what would be the behavior change. this opens the door to getting in front of what has been plaguing the boeing assembly lines. scarlet: people talk about this broken safety culture and culture is set by personnel so you need to change or personnel. we have stan retiring and there is a new head of the business, stephanie pope. she has been lauded for her performance. talk about what she needs to expand as she takes on this troubled unit. nicolas: i will say i think running the services business put her in touch with a lot of the logistics of maintaining and servicin

david calhoun's compensation rose 45% last year to nearly $33 billion.is their american business, we are more concerned about where the new boeing boeings released are flying now, and how not to get caught by them? boeing last year. produced 528 aircraft, the company is a monopolist in the american air transportation market, american airlines mainly buy boeing products, and booing also supplies its planes all over the world and competes only with sbas, but for example, major buyers of boeings are arab countries, in particular saudi arabia, the united arab emirates and others. against the backdrop of all the events , wisconsin senator ron johnson’s call not to stir up a scandal so as not to disturb the public looked rather strange, as if people lived in a vacuum and did not follow the news. by the way, according to a survey, 75% of young americans are already afraid to fly because of the boeing scandal. well, if anything, come to us are contacted. we have jets, great. thank you, it was konstantin churikov, about the congressional hearings on... let's cont

over a series of incidents, including the blow out of the door on a 737, max g as in january c o david calhoun, it says it's focusing on addressing manufacturing issues and not profits. reynolds takes a look at how the plan make it flew into trouble. 6 government safety investigations of boeing are underway, including approve of why and how a door plug section of a boeing 737 max blew out shortly after take off in january in 20182019 boeing 737 max airliners crash and indonesia n t z o p a killing 346 people at a reason, hearing safety experts told congress the floating public is in danger. the manufacturing conditions that led to the 2737 match disasters also led to the alaskan accident blow out accident. and these conditions continue. hundreds of people died and there's been no justice unless action is taken and leaders are held accountable. every person stepping a boarding, boeing airplane is a risk. aviation safety experts say boeing's upper level management prioritizes speed of delivering its products over safety. really what's needed is the cultural change starting from the top with exec

the plane—maker's ceo, david calhoun, didn't appear today, but lawmakers said they expect him to testifyunited airlines says it will receive compensation from boeing over the grounding of it 737 max 8 planes. let's talk to murdo morrison from the aviation news site, flight global how deep are boeing's financial and cultural problems? this bowling is really facing a sea of troubles. this latest whistleblower is just the newest problem that boeing has had to face in the past five years. there was the crash and subsequent grounding of the max aircrafts. boeing feels it has aircrafts. boeing feels it has a robust defence against the specific allegation from the 77 product quality. on the 737, the max, it was just the door incident. they are waiting for the investigation and holding its hands up and admitting, culturally, in terms of its whole approach to engineering, it really needs to have a review on how does things. there is also reputational damage as well as presume. i was flying monarchy 737 maxes a few days ago and have to be honest, i was relieved when it landed. it was a very smooth

over a series of incidents, including the boe out of a tool and a 737 max jet in january c o, david calhoun says it's focusing on addressing manufacturing issues and not profits out of sped takes. nope. now it's how the f, i make a fool into trouble of the 6 government safety investigations of boeing a craft underway, including a pro of why and how adults like fiction of a boeing 737 max blew out. she want to be asked to take off in january, in 20182019. boeing 737 mex a line is crest and indonesia and e. c o p killing 346 people. as a recent hearing safety experts told congress, the flying public is in danger. the manufacturing conditions the let's the to $737.00 max disasters also let's at alaska in an accident blow out accident. and these conditions continue. hundreds of people died and there's been no justice unless action is taken and leaders are held accountable. every person stepping a boarding, boeing airplane, is a risk aviation safety expense, say boeing's upper level management. prioritize the speed of delivering its products of a safety really what's needed is the cultural chang

we know that david calhoun is stepping down at the end of the year. had you a note out where you had a list of recommendations that you would give whoever the new c.e.o. is. after hearing what we heard this morning, what advice would be first on your list to the new c.e.o.? sheila: the first is walkway from financial targets. and focus on quality and safety. which is what everybody's saying. then take steps to get to a 737 rate to 38. but also i think you have to invest in your workforce. the workforce hasn't had the -- i.a.m. hasn't had a pay raise since 2014. they are in for a big pay raise. their negotiations are over the summer. september is the deadline for those negotiations to take place. then i think things move along steadily from there if you invest in the spirit facility. then you have five years of essentially no investment in new technology. in the 2030 time frame can you announce a clean sheet aircraft. there is a lot to look forward to at boeing. that's why we haven't cut our price target. this is a global duopoly with great products ac

acquiring spirit can this company assuage the angry regulators who haven't been appeased even with david calhoun. i believe they'll insist boeing bring in someone from the outside. hard to blame them. and when they do, then you'll have a serious resumption of aircraft sales. but it won't be at the record pace that i'd been hoping for, which means this might be a long-term renter on the poorly performing list. bottom line, though, the worst performers in the dow includes stocks that have both hair and flies on them in a market that demands a pristine story. and there is nothing pristine about this list. do not kid yourself. let's go to rich in nebraska. rich? >> caller: mr. cramer, good afternoon, sir. >> good afternoon. >> caller: i am interested in oke. i bought it at the covid dip around 27 bucks, and now it's pushing 80. they've given me some great dividends. should i hold on? >> i like one ok very, very much. it still yields 5. let's keep your position, and if it comes back down, i would actually buy more. that's how much i like it. let's go to vic from my home state new jersey. vic? >> call

north carolina, wisconsin, florida, or arizona, anywhere else in this pool though, when i will say david calhoun was seven minutes earlier tonight, it does show that when they ask people how they feel about their personal economic situation, they're starting to feel better. so that is a positive sign. the other thing that i was looking at, so the fact that we're tied and that's progress and look like it or not and it's still early. we clearly have a lot of work to do, but it was interesting to see in a state like wisconsin for example 95,000 people in the primary on tuesday did not vote for donald trump. they came out to vote for nikki haley. are ron desantis. so i see that poll, i see what it says about wisconsin, but then you see the actual poll where people voted and it's telling us something i think different. >> if you look at this as a scale, right? and you have the issues that trump is doing better on immigration economy and the like. and then you have abortion, which is really the issue of abortion and access to reproductive care. how democrats are motivated by that? but it's not an issu

series of incidents including the blow out of the door on the 737, max g, as in january c, r. david's calhoun says is focusing on addressing manufacturing issues and not profits. l expand tank. so look at how the appointment, i guess, flew into trouble the, the 6 government safety investigations of boeing a craft underway, including a pro of why and how a duel plug section of a boeing 737 max blowout shortly off to take off in january. in 201820. 19 boeing, stevens receive and mex. a line is crashed and indonesia and ethiopia killing 346 people. as a recent hearing safety experts told congress, the flying public isn't changing the manufacturing conditions that led to the $2737.00 match disasters also led to the alaskan accident blow out accident. and these conditions continue. hundreds of people died and there's been no justice unless action is taken and leaders are held accountable. every person stepping on board and boeing airplane is a risk aviation safety expense, say boeing's up level management, prioritize the speed of delivering its products, of a safety. really what's needed is the cu

one of the many things we will be discussing with david calhoun, coming up on "squawk on the street,"ss our exclusive with him, we'll talk about the state of the business right now it is in flux as everybody knows. and we'll get an update for him on where things stand on the ceo search as well guys, back to you. >> very good, phil thanks for that. check out the shares of biogen, they're higher after the company reported better than expected quarterly profit, helped by increasing sales for the new alzheimer's treatment. "squawk box" is coming right back >>> welcome back to "squawk box. new this morning, the uk's competition and markets authority seeking comments from interested parties on whether the partnerships between big tech and a.i. companies can impact competition in the uk specifically it is focused on microsoft and amazon and anthropic. this is the first part of an information gathering process and doesn't mean formal investigation will follow. in response, amazon says it is unprecedented for the regulatory to review a collaboration of this type. we talked to the ceo of anthro

in a memo to company employees, david calhoun wrote about the need to quote: fix what is not working. in the first 3 months of this year , the corporation lost a quarter of its value. its shares continue to fall with each new aviation accident. breaking news about a serious incident on board a plane from sydney. obviously, this was not the kind of flight the passengers dreamed of. the plane essentially stopped, it was as if it just fell out of the air, it went nose down. i was sure that everything was over, that we were falling. when the pilot entered the cabin, i asked him what happened. he replied that all their devices suddenly went out. the airline, which is owned by buing, cited some unknown technical event as the reason for the sharp vertical shift, which no one knows for sure yet. in the history of world civil aviation, experts assure that such incidents have occurred. it hasn’t happened yet, it’s very strange, usually when something like this is associated with air currents, the shaking lasts longer, in this case there was a sharp change in vertical speed, and then everything

i saw david calhoun, by the way, leaving the board of caterpillar. >> not running for re-election. >>ing, caterpillar being one of the great performers of this particular year. jim doing an amazing job. i bought back a ton of stock much lower. >>> guys, i did want to hit endeavor. it's something i've been following for quite someperiod of time, and we did get a deal yesterday, i was able to report on it, but not on our show. the go private from silver lake is official. it's done. the deal has been announced. $27.50. a couple of interesting things here to share. no vote. no majority of the minority vote here. just not a vote. it's done. >> no vote? >> no vote. silver lake, obviously, controls the vote. >> acclimation. >> and then, the management team at endeavor is rolling in and there's no majority of the minority vote. they're like, no, not doing that. no vote. it's done. the vote is taken care of. that was in the release yesterday. also worth noting, michael dell's family office, one tof te big investors. dfo is what that goes by. silver lake and dell have a long history together, n

prodded him, given one more minute, i would have asked him, what would happen if this were boing and david calhount live to the faa? i think we would see very few boeing planes in the air. they would be grounded. microsoft would be grounded. but microsoft, they were beating up in 2000, and ever since then, free ride. >> you think they have not received enough scrutiny for their lack of and/or -- i mean, they're so important for the number of hacks that have taken place and/or their unwillingness to fully communicate around them. >> i think they're -- i think that they're surprised there isn't more appropriate. i think satya nadella would say, we're trying frantically to get this culture together and this is never going to happen again. the report by homeland security -- this is not a department of google and amazon -- is so damning, that i was like, no, they could not have lied to homeland security, could they? could they have said a hack was done, rooted out, and it wasn't? >> seems like a bad thing to choose to do. >> suboptimal. >> yes. >> but anyway, i think that george brought it out. i'm try

and boeing's ceo david calhoun announced last week that he is retiring at the end of the year.nes, but the planes are well behind schedule going into the busy summer travel season. that makes it difficult for the airlines to fly their promised schedules, craig. >> senior correspondent, tom costello. tom, thank you. >>> let's move now to some dramatic video of the seaside cliff rescue in sonoma county, california. they used thermal imaging, spotted a hiker who had fallen off a trail sunday in the golden gate national recreation area. he was clinging desperately to the face of the rock while the ocean waves below him were starting to rise with the tide. the victim was placed in a rescue device, quickly air lifted to the top of the cliff. he was examined by the fire department, paramedics. he had some scrapes and bruises. but otherwise, he was just fine. >> wow. crazy rescue there. >>> how would you like to have the legal right to ignore your bosses phone calls, texts and emails when you're off the clock? >> yes. >> california could become the first state to go there. this is a bi

david calhoun says they are making progress to fix manufacturing issues and that boeing will meet thesix months later than anticipated. as for the earnings themselves, they burn through 3.39 billion dollars with shares higher in the post market because, as an analyst put it, it could have been worse. jonathan: that is how low dani, thank you. up next, the president signing the foreign aid l. >> products made by american companies here in america. jonathan: that conversation is up next. good morning. good morning. from chase for business. make more of what's yours. jonathan: stocks down by .6%, squeezing out the gains from yesterday on the s&p 500. softer this morning off of the back of meta numbers this afternoon, the outlook disappointing you, you being the people selling the stock. the 10-year at the moment, the euro is stronger by .2%. did that feel personal? jonathan: yeah -- lisa: yeah, it fell personal. were you disappointed? jonathan: i couldn't care less. lisa: carry on. [laughter] jonathan: the president, signing the foreign aid bill. >> these are products made here in americ