BOEING CEO DEFENDS HIS SAFETY RECORD, SPARS WITH SENATORS AND APOLOGIZES TO CRASH VICTIMS RELATIVES
Techlife News|Techlife News #660
Boeing CEO David Calhoun defended the company’s safety record during a contentious Senate hearing this week, while lawmakers accused him of placing profits over safety, failing to protect whistleblowers, and even getting paid too much.
BOEING CEO DEFENDS HIS SAFETY RECORD, SPARS WITH SENATORS AND APOLOGIZES TO CRASH VICTIMS RELATIVES

Relatives of people who died in two crashes of Boeing 737 Max jetliners were in the room, some holding photos of their loved ones, to remind the CEO of the stakes. Calhoun began his remarks by standing, turning to face the families, and apologizing “for the grief that we have caused,” and vowing to focus on safety.

Calhoun’s appearance was the first before Congress by any high-ranking Boeing official since a panel blew out of a 737 Max during an Alaska Airlines flight in January. No one was seriously injured in the incident, but it raised fresh concerns about the company’s bestselling commercial aircraft.

The tone of the hearing before the Senate investigations subcommittee was set hours earlier, when the panel released a 204-page report with new allegations from a whistleblower who said he worries that defective parts could be going into 737s. The whistleblower is the latest in a string of current and former Boeing employees to raise concerns about the company’s manufacturing processes, which federal officials are investigating.

“This hearing is a moment of reckoning,” the subcommittee chairman, Richard Blumenthal, D-Conn., said. “It’s about a company, a once iconic company, that somehow lost its way.”

Sen. Josh Hawley, R-Mo., placed the blame squarely on Calhoun, saying that the man who became CEO in January 2020 had been too focused on the bottom line.

“You are cutting corners, you are eliminating safety procedures, you are sticking it to your employees, you are cutting back jobs because you are trying to squeeze very piece of profit you can out of this company,” Hawley said, his voice rising. “You are strip-mining Boeing.”

Hawley repeatedly mentioned Calhoun’s compensation for last year, valued at $32.8 million, and asked the CEO why he hasn’t resigned.

This story is from the Techlife News #660 edition of Techlife News.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the Techlife News #660 edition of Techlife News.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM TECHLIFE NEWSView All
TECH TIP: START THE NEW YEAR WITH A CLEAN INBOX
Techlife News

TECH TIP: START THE NEW YEAR WITH A CLEAN INBOX

The new year is always a good time to make a fresh start — including with your email inbox. To kick off 2025 with a clean slate, why not clear out all those unnecessary and unwanted messages?

time-read
3 mins  |
January 18, 2025
AGING WELL MEANS HAVING GOOD BALANCE.HERE'S HOW TO PRIORITIZE IT
Techlife News

AGING WELL MEANS HAVING GOOD BALANCE.HERE'S HOW TO PRIORITIZE IT

Taking a shower. Grocery shopping. Moving around the kitchen. Getting dressed. The underappreciated link between these mundane activities is good balance, which geriatricians say is key to maintaining an independent lifestyle as we age.

time-read
2 mins  |
January 18, 2025
PRIME VIDEO'S USE OF AI, NEXT GEN STATS ON NFL GAMES IS HELPING VIEWERS UNDERSTAND THE GAME BETTER
Techlife News

PRIME VIDEO'S USE OF AI, NEXT GEN STATS ON NFL GAMES IS HELPING VIEWERS UNDERSTAND THE GAME BETTER

The Los Angeles Rams defense appeared to be content to drop back in coverage and prevent San Francisco's Brock Purdy from completing a Hail Mary on the final play of their Thursday night game on Dec. 12.

time-read
4 mins  |
January 18, 2025
GOOGLE FACES MORE SCRUTINY AS UK WATCHDOG FLEXES NEW DIGITAL COMPETITION POWERS
Techlife News

GOOGLE FACES MORE SCRUTINY AS UK WATCHDOG FLEXES NEW DIGITAL COMPETITION POWERS

Britain's competition watchdog flexed new digital market powers for the first time with an investigation into Google's search and search ad businesses.

time-read
2 mins  |
January 18, 2025
BOEING'S AIRCRAFT DELIVERIES AND ORDERS IN 2024 REFLECT THE COMPANY'S ROUGH YEAR
Techlife News

BOEING'S AIRCRAFT DELIVERIES AND ORDERS IN 2024 REFLECT THE COMPANY'S ROUGH YEAR

Boeing delivered less than half the number of commercial aircraft to customers than its European rival in 2024 as the American aerospace giant's output suffered under intensified government scrutiny and a factory workers' strike, according to data released this week.

time-read
1 min  |
January 18, 2025
TAIWAN IPHONE MAKER FOXCONN SETS ITS SIGHTS ON THE EVER MORE CROWDED EV MARKET
Techlife News

TAIWAN IPHONE MAKER FOXCONN SETS ITS SIGHTS ON THE EVER MORE CROWDED EV MARKET

Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China's Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like Japan's Nissan and Honda to announce plans to join forces against a flood of ambitious competitors.

time-read
3 mins  |
January 18, 2025
CAN AI HELP HUMANS UNDERSTAND ANIMALS AND RECONNECT WITH NATURE? A NONPROFIT RESEARCH LAB THINKS SO
Techlife News

CAN AI HELP HUMANS UNDERSTAND ANIMALS AND RECONNECT WITH NATURE? A NONPROFIT RESEARCH LAB THINKS SO

Peeps trickle out of a soundproof chamber as its door opens. Female zebra finches are chattering away inside the microphone-lined box. The laboratory room sounds like a chorus of squeaky toys.

time-read
5 mins  |
January 18, 2025
AMAZON IS ENDING ITS 'TRY BEFORE YOU BUY' OPTION FOR PRIME MEMBERS
Techlife News

AMAZON IS ENDING ITS 'TRY BEFORE YOU BUY' OPTION FOR PRIME MEMBERS

Amazon is saying goodbye to “Try Before You Buy.”

time-read
1 min  |
January 18, 2025
TAIWANESE CHIPMAKER TSMC POSTS 57% SURGE IN PROFIT THANKS TO THE AI BOOM
Techlife News

TAIWANESE CHIPMAKER TSMC POSTS 57% SURGE IN PROFIT THANKS TO THE AI BOOM

Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom.

time-read
1 min  |
January 18, 2025
HERE'S WHAT YOU NEED TO KNOW ABOUT CREDIT CARD DEFAULTS
Techlife News

HERE'S WHAT YOU NEED TO KNOW ABOUT CREDIT CARD DEFAULTS

Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. U.S. credit card defaults jumped to a record $46 billion from January through September 2024, according to the Financial Times, citing data analyzed by BankRegData.

time-read
4 mins  |
January 18, 2025