The schooner Stephen Taber is fully booked this summer for its cruises along the coast of Maine. But its captain says he’s had to raise prices to keep up with inflation, and members of his crew find themselves living aboard the ship because of high housing costs. NBC News’ Christine Romans reports.
Category Archives: business
Boeing CEO faces scrutiny on Capitol Hill
Boeing CEO David Calhoun faces lawmakers’ questions on safety failures and retaliation against whistleblowers during his appearance before Congress.
Boeing and NASA delay Starliner astronaut return to June 22, nearly doubling mission length to test spacecraft
Boeing’s Starliner capsule “Calypso” will stay at the International Space Station twice as long as the mission originally planned, NASA announced Friday.
Supreme Court rules ban on gun bump stocks is unlawful
In a loss for the Biden administration, the Supreme Court on Friday ruled that federal ban on “bump stocks,” gun accessories that allow semi-automatic rifles to fire more quickly, is unlawful.
‘Counterfeit’ titanium may have been used in Boeing and Airbus planes
The FAA is investigating reports that titanium sold to an aviation supplier by a seller using falsified documents may have made its way into planes built by Airbus and Boeing.
Princess Kate shares update on her cancer treatment ahead of a public return
Kate, the Princess of Wales, said in a message Friday that she was making good progress but that her cancer treatment is ongoing and will be for a few more months.
Boeing and Airbus may have used ‘counterfeit’ titanium in planes, FAA says
Boeing and Airbus, the two biggest commercial airline makers, may have used titanium sold using fake documents, according to evidence from a supplier that has triggered a Federal Aviation Administration investigation.
Alex Jones allowed to liquidate assets to help pay debt in Sandy Hook defamation verdicts, judge rules
A federal bankruptcy judge on Friday granted conspiracy theorist Alex Jones’ request to convert his bankruptcy filing into a liquidation of his personal assets as the Infowars founder edges closer to losing his media company after defeats in defamation lawsuits two years ago.
Stellantis aims to correct ‘arrogant’ mistakes in U.S. market, CEO says
Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by himself and the company in the automaker’s U.S. operations that led to sales declines, bloated inventories and investor concerns.
Summer Fridays are on the decline — companies may be replacing them with work-from-home days
The share of workers who say they get Summer Fridays has dropped dramatically in recent years.