Month: March 2024

Boeing announced on Monday that CEO Dave Calhoun will step down at the end of the year. The company said Calhoun will stay on until the end of 2024 to “complete the critical work underway to stabilize and position the company for the future.”

Board Chair Larry Kellner, a board member for nearly 15 years, plans to forgo nomination for an additional term at the company’s annual shareholder meeting this spring, Boeing said, adding that Steve Mollenkopf, former CEO of chipmaker Qualcomm, will immediately take over as Boeing board chair and lead the search for a new chief executive.  Mollenkopf said:  “I am fully confident in this company and its leadership — and together we are committed to taking the right actions to strengthen safety and quality, and to meet the needs of our customers.” 

The move comes amid fallout from a high-profile safety failure onboard an Alaska Airlines flight in January, when a door plug blew out of Boeing’s 737 Max 9 aircraft while the plane was in flight. In a statement, Calhoun shared: “The eyes of the world are on us, and I know that we will come through this moment a better company. We will remain squarely focused on completing the work we have done together to return our company to stability after the extraordinary challenges of the past five years, with safety and quality at the forefront of everything that we do.”

Calhoun served as CEO of Boeing for four years, and in a letter to employees on Monday he said: “we must continue to respond to this accident with humility and complete transparency. We also must inculcate a total commitment to safety and quality at every level of our company. The eyes of the world are on us, and I know we will come through this moment a better company, building on all the learnings we accumulated as we worked together to rebuild Boeing over the last number of years.”

Editorial credit: Muhammad Alimaki / Shutterstock.com

A New York appeals court has granted Donald Trump 10 more days to post bond for the civil fraud judgment against him, and lowered the amount from $464 million to $175 million. The former president, along with his adult sons and his company, were fined more than $464 million, including interest, after Judge Arthur Engoron found they fraudulently inflated the value of his assets.

New York Attorney General Letitia James was prepared to seize the properties of the Trump Organization beginning Monday; however, the ruling stated that the $175 million bond will be in place until at least September, meaning James won’t be able to seek to enforce the judgment against Trump until then.

Court documents from the NY civil fraud case indicate the estimated value of many of Trump’s properties, including Trump Tower, the Trump Building and more than a dozen golf and social clubs, (including the Mar-a-Lago resort in Florida), were fraudulently reported by the Trump Organization. Those fraudulent values were found on financial statements and loan applications as the Trump Organization sought to take out loans against the properties.James alleged Trump used to inflate, or in some cases deflate, those values to obtain loans, avoid taxes or otherwise seek capital gains.

Editorial credit: lev radin / Shutterstock.com

Officials have confirmed that an attack by a mountain lion in a remote Northern California region west of Lake Tahoe left one man dead and his brother injured, marking the first fatal incident by a mountain lion in the state in 20 years.

The attack took place on Saturday afternoon while the brothers, ages 21 and 18, were out searching for shed deer antlers near the El Dorado National Forest, about 52 miles northeast of Sacramento. An 18-year-old man called 911 on Saturday at about 1:13 p.m. PT to report that he and his brother had been attacked by the mountain lion in Georgetown and he had become separated from his older sibling, according to a statement from the El Dorado County Sheriff’s Office.  Georgetown is a small town north of Placerville, California.

When sheriff’s deputies and paramedics arrived at the scene near Georgetown around 1:34 p.m., they located the injured teenager and began administering first aid. The teenager sustained “traumatic injuries to his face” and transported to a nearby hospital. Information on his condition was not immediately disclosed. Additional deputies sent to the scene launched a search for the teenager’s brother, finding the 21-year-old man nearby lying motionless on the ground with the mountain lion crouched next to him. According to a statement, “deputies discharged their firearms in order to scare the mountain lion off so they could render medical aid,” but by the time they reached the victim, he was dead.

California Department of Fish and Wildlife said in a statement on social media: “Following the mountain lion attack today, Sat., March 23, 2024, in Georgetown, California, a mountain lion was euthanized near the scene of the attack. The mountain lion has been sent to the CDFW forensics laboratory to obtain DNA information and general health of the lion.”

Authorities said mountain lion attacks are rare, and most verified encounters between the big cats and humans are not fatal. According to the California Department of Fish and Wildlife, before Saturday’s attack there had been only three fatal mountain lion attacks on humans in California since 1994, the most recent involving a 35-year-old male who was fatally mauled in 2004 at Whiting Ranch Regional Park in Orange County.

Editorial credit: Arne Beruldsen / Shutterstock.com

Authorities confirmed that one person was killed and five others were injured after a shooting erupted outside a bar early Sunday morning. One of the injured was identified as an off-duty Indianapolis Metro police officer.

The police said in a news release that two off-duty Indianapolis Metro Police officers were working security at a bar at 9449 E. Washington St. when, around 1:30 a.m., there was a “disturbance in the parking lot .. At some point, there was an exchange of gunfire between the two officers and at least one suspect, resulting in one officer being shot …When first responders arrived at the scene, other officers rendered aid to their colleague, who was taken to a hospital in stable condition.”

Four other people also suffered gunshot wounds, with the victims identified as two 45-year-old men, a 42-year-old man and a 33-year-old woman. Police say another male victim showed up with an apparent gunshot wound at Community East Hospital, where he later died.

Police recovered one firearm at the scene, while officials say they continue to work to determine how the victims suffered their injuries. The two off-duty officers have been placed on administrative leave as police continue their investigation.

Editorial credit: Jonathan Weiss / Shutterstock.com