Oct. 31– In a tense and revelatory hearing Wednesday, a U.S. House committee presented startling new evidence from internal Boeing documents showing that, before the first crash in 2018, some company engineers had discovered that a failure in a new flight-control system could be “potentially catastrophic”– information that was dismissed and never…
JACKSON TWP.– Costs related to pension changes and higher taxes cut into third quarter profits, the Timken Co. reported. Currency exchanges tied to the strengthening U.S. dollar and a softness in North American markets also factored into third quarter results, Richard G. Kyle, president and chief executive officer, told stock market analysts during a conference…
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