The Richest Woman in the World: How Gina Rinehart Earns her Billions
Why Dell Will Never Be Great Again
An American Airlines 767 had a GE jet engine explode during testing two weeks ago in Los Angeles. The explosion caught the plane on fire and tossed chunks some 3,000 feet away. The jet engine had fatigue, which caused the explosion and led to chunks ripping through the airplane's body. Thankfully, there were no injuries to the testers aboard the plane.
However the National Transportation Safety Board is investigating exactly what happened, and it may lead to the NTSB calling for more frequent inspections of GE jet engines.
This tarnishes the engines and GE's reputation. However, more frequent inspection will hopefully lead to any problems getting caught ahead of time, without something like this occurring on a plane full of passengers in the sky. That certainly would have more of a negative impact for all involved.
[picture credit: wikipedia]
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
