An Atlas Air Boeing 747-8 cargo plane had to make an emergency landing at Miami International Airport due to an engine malfunction after takeoff. The airline stated that the crew followed standard procedures for a safe return and would conduct an inspection to determine the cause. Unverified videos on social media showed flames from the left wing during flight. The incident adds to Boeing s recent challenges, including the temporary grounding of 171 aircraft following an emergency landing of an Alaska Airlines MAX 9.
FedEx’s (FDX) new chief financial officer (CFO) John Dietrich has been buying up the company’s stock.
Dietrich, who became the company’s finance chief on Aug. 1 of last year, paid $252,000 U.S. on Dec. 28 for 1,000 shares of FedEx at an average .
FedEx stock dove after the logistics firm reported disappointing earnings. The new chief financial officer, John Dietrich, bought shares as they languished.