quality
By Nora Eckert DETROIT (Reuters) – Ford Motor (NYSE:) is appointing a new head of quality, the company confirmed on Wednesday, as the automaker works to reverse its industry-topping record of recalls and reduce warranty costs. The automaker will move control of its quality team from Jim Baumbick to a…
Investing.com — Shares of Lufthansa (ETR:) traded lower on Tuesday following its third-quarter results. At 5:10 am (0910 GMT), Lufthansa was trading 2.7% lower at €6.682. While the airline posted a modest earnings beat, analysts at J.P. Morgan attribute the positive surprise to what they term “lower quality” factors, such…
Nearly four years ago, Citigroup was fined $400 million for its poor data management and risk controls. In July, regulators fined the bank $136 million for failing to fix its data quality issues quickly enough.Now Citi is taking action by adding a new leader to its data overhaul efforts, according…
Boeing’s new CEO chalked up another win with Sunday’s tentative union deal, but one detail stands out most: the commitment to building its next airliner in the Seattle area.Kelly Ortberg has been at the helm of Boeing for one month and has already faced difficulties like the Starliner fiasco and…
Xyndi Lomboy and her family moved to California from Georgia in 2023. She said they couldn’t be happier with the decision, despite the increased costs.Lomboy and her husband Eric briefly lived in the Bay Area from 2014 to 2017, before relocating to Roswell, Georgia, a suburb of Atlanta. While in…
By Nivedita Balu TORONTO (Reuters) – Canada’s big six banks will probably set aside a total of C$4.5 billion in loan loss provisions in the third quarter, analysts predicted, up nearly 27% from a year ago, as insolvencies rise and lenders prepare for credit card and other delinquencies in a…
By Tim Hepher, David Shepardson and Allison Lampert PARIS/WASHINGTON/MONTREAL (Reuters) -Boeing is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages of some undelivered jets, two people familiar with the matter said. The latest in a series…
At 15, I embarked on an adventure of a lifetime when my dad’s job reassigned him from Chicago to Dublin. After completing secondary school, I decided to stay in Ireland and go to college while my parents returned to the US after my dad’s assignment was finished.After graduating from college…
By David Shepardson WASHINGTON (Reuters) -The head of the Federal Aviation Administration is set to meet on Thursday with Boeing (NYSE:) CEO Dave Calhoun and other senior company officials on the company’s quality improvement plans, sources told Reuters. In late February, FAA Administrator Mike Whitaker gave Boeing 90 days to…
As the year began, Bernstein anticipated a shift in leadership from Indian to Chinese equities, a prediction that has materialized with the index rising approximately 26% since its January low, compared to a 12% increase in the MSCI India index. The near-term outlook for India remains challenging relative to other…