James Mcnerney News
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Boeing Co., rebounding from the 787 Dreamliner’s three-month grounding, is moving closer to a further production increase that would reward investors by freeing up billions of dollars for dividends and buybacks.
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Boeing Co. Chief Executive Officer James McNerney is open to another increase in production rates for the 787 Dreamliner so the world’s largest planemaker can shrink a backlog of 840 jets.
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A telling image of the development of Boeing Co.’s 787 Dreamliner came in mid-2011, when dozens of them sat, unfinished, crammed into nooks and crannies around Boeing factories and rented tarmacs spread across two states. Concrete blocks hung from their wings to prevent them from tipping because they didn’t have engines to keep them balanced.
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Airbus SAS is in discussions with Japan’s two biggest carriers about an order for its A350-1000, a long-range plane aimed at eroding Boeing Co.’s dominance in wide-body aircraft, three people familiar with the talks said.
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Boeing Co . said its decision on a new narrow-body jet now may come “toward the end of the year,” pushing back an earlier target of mid-2011, as it considers a plane that’s only “slightly” bigger than the 737.
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Back in the 1980s, when hair was big, actress Heather Locklear appeared in a TV commercial for Faberge Organics Shampoo with wheat germ oil and honey.
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Boeing Co., already struggling with the grounding of its 787 Dreamliner, is facing a possible strike by union engineers, threatening even more upheaval as it tries to fix the plane and resume deliveries to customers.
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Procter & Gamble Co. board members are dissatisfied with Chief Executive Officer Robert McDonald’s performance and are discussing a possible leadership change, according to people familiar with the situation.
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President Barack Obama ’s export advisory group, headed by Boeing Co. Chief Executive Officer James McNerney and Xerox Corp. CEO Ursula Burns , released a report today recommending the government step up trade promotion and complete work on free-trade agreements.
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President Barack Obama told top business executives the global economy remains “soft” and the deadlock in Washington over taxes and spending is holding the U.S. back from leading a strong recovery.
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