Equities

Reuters ahead with key Boeing news; market reacts

Reuters ahead with key Boeing news; market reacts

Boeing shares were trading higher on September 25 after the company announced a rejig of its engineering organization and greater board safety oversight in response to the ongoing crisis over the grounding of its 737 MAX – over three weeks after Reuters broke the news to readers of Boeing’s plans. Shares then extended their gains, for a total rise of 2%, after Reuters exclusively reported the first legal settlements over the crash of a Lion Air 737 MAX in Indonesia.