Heard on the Street: Boeing's decision to temporarily halt production of its 737 MAX jet is a tough pill to swallow, but the bigger problem is how the company's upper management is handling the crisis
Boeing’s decision to temporarily halt production of its 737 MAX jet is a tough pill to swallow, but adds little information about the actual financial risks faced by the company. The bigger problem is how its upper management is handling the crisis.
Boeing’s stock dropped more than 4% on Monday after The Wall Street Journal reported that the plane maker would suspend production of the MAX at its 12,000-employee factory in Renton, Wash., until January. Consequences will likely be felt across the U.S. economy. Shares of Spirit...
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