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    From Sinking Giant to Soaring Crisis: Inside Boeing’s Struggles

    July 3, 2024 Business No Comments1 Min Read
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    Boeing’s once prestigious reputation for safety and quality has taken a drastic turn in recent years, as the company has faced a series of setbacks since late 2018. This includes two fatal crashes that led to the grounding of its best-selling jet, as well as an incident where a door plug detached in mid-air, causing a gaping hole in a jet’s side.

    The toll of these incidents goes beyond the loss of 346 lives in the crashes, as Boeing has also suffered financial losses in the tens of billions of dollars and significant damage to its reputation. This marks a significant decline for a company that was once considered an economic giant and a symbol of American industrial prowess.

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    Trump’s Threat to Fire Fed Chair Powell: Is the Market Ready for the Fallout?

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