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Boeing chief ousted days after announcing 737 MAX production to be grounded

Boeing chief ousted days after announcing 737 MAX production to be grounded

Business
Boeing has ousted its boss six days after the company said it was suspending the production of 737 MAX aircraft following two fatal crashes.The aerospace giant said Dennis Muilenburg had resigned as chief executive and board director with immediate effect. Reuters news agency reported that Mr Muilenburg may be eligible for nearly $ 39m in severance. Boeing decline to comment on the figure or whether he would accept it.Announcing the chief executive's departure, the company said: "The board of directors decided that a change in leadership was necessary to restore confidence in the company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders."It follows a year of intense scrutiny and industrial setbacks triggered by the two crashes, the co...
Afghanistan delays announcing results of presidential election

Afghanistan delays announcing results of presidential election

World
Oct. 19 (UPI) -- Afghanistan's election commission has delayed announcing results of the presidential election. The results from the Sept. 28 election were due Saturday. "Regrettably, the commission, due to technical issues and for the sake of transparency, could not announce the presidential election initial poll results," Hawa Alam Nuristani, head of the Independent Election Commission, said. Nuristani said she hoped the results will be released "as soon as possible." The top opponents, President Ashrafent Ghani and chief executive Abdullah Abdullah, both have declared victory and said they wouldn't accept defeat because of suspected flaws in the voting process. The United Nations and the U.S. Embassy have asked all candidates to accept the results. In 2014, presidential election resu...