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American flags hang outside of the New York Stock Exchange, in this Tuesday, Feb. 16, 2021, file photo.

Stocks climb back after steep slide on Fed, Ukraine jitters

Stocks recovered from big early losses Monday as investors jumped in before the closing bell.

Acting Secretary of Defense Patrick Shanahan was cleared by the Pentagon's Inspector General of allegations of ethics violations. Shanahan is seen here testifying at a House Armed Services Committee hearing last month.

Investigation Finds Acting Defense Secretary Shanahan 'Did Not Promote Boeing'

The Pentagon's Inspector General says former Boeing executive Patrick Shanahan 'fully complied' with ethics obligations. This clears the way for his potential nomination as defense secretary.

Acting Secretary of Defense Patrick Shanahan listens as President Trump speaks during a signing event for Space Policy Directive 4 in the Oval Office last month.

Acting Defense Secretary Shanahan Investigated Over Ties To Boeing

Patrick Shanahan spent 30 years as a Boeing executive before joining the Defense Department as deputy secretary. The inspector general will examine whether Shanahan improperly promoted Boeing.

A Norwegian Air Boeing 737 Max 8 is parked on the tarmac at Helsinki Airport on Wednesday after the airplane model was grounded in most of the world.

For Boeing, Costs Of Grounding Jets Have Only Just Begun

Regulators around the world have grounded hundreds of Boeing's 737 Max planes. The company faces potential hits to its bottom line and its reputation. Delivery delays could affect its suppliers, too.

An Air New Zealand plane arrives at Auckland Airport on Aug. 9, 2021. Some Aucklanders will be able to get their first dose of a COVID-19 vaccine aboard a 787 on Saturday.

Air New Zealand will give travel-hungry Kiwis the chance to get vaccinated on a plane

Air New Zealand will turn one of its 787s into a COVID-19 vaccination clinic at the Auckland Airport on Saturday. It's part of a broader day of action aimed at boosting the country's vaccination rate.

Caution flags are shown on flight sensors on a Boeing 737 Max 8 airplane being built for Ukraine International Airlines at Boeing's assembly facility in Renton, Wash.

Optimism After Daylong Meeting On Efforts To Fix Boeing 737 Max

The head of the Federal Aviation Administration hinted it could recertify the plane to fly passengers again by as soon as late June, but he would not commit to a timetable.

Boeing said on Sunday that it was aware of problems with a key safety indicator in 2017, but it didn't inform airlines or the FAA until after the Lion Air crash a year later. Here, 737 Max jets built for American Airlines (left) and Air Canada are parked at the airport adjacent to a Boeing production facility in Renton, Wash., in April.

Boeing Knew About 737 Max Sensor Problem Before Plane Crash In Indonesia

Engineers at the company discovered a problem with a key safety indicator light within months of the first deliveries of the 737 Max. But it didn't inform airlines or regulators for another year.

An airplane flying over Bankers Hill before landing at San Diego International Airport, Nov. 18, 2016.

Impact Of Boeing Aircraft Grounding Not Yet Felt In San Diego

Wednesday's grounding of Boeing 737 Max planes did not appear to have any immediate impact on flights out of San Diego International Airport. But a ripple-effect from affected flights could disrupt travel in the coming days.

A plane arriving in Jacksonville, Fla., skidded into the St. Johns River on Friday night.

Boeing 737 Plane With 143 On Board Skids Into St. Johns River In Jacksonville

All 136 passengers and seven flight crew members on board are accounted for, officials say.

A Boeing employee works on the fuselage of a 737 Max 9 test plane at the company's factory in Renton, Wash., on March 14. Orders for durable goods jumped 2.7% last month, fueled in part by strong demand for commercial aircraft.

Aircraft Orders Jump, But Boeing 737 Max Grounding Could Trim U.S. Growth

The grounding of Boeing's 737 Max aircraft could pinch the economy, some analysts say. But the government reported that aircraft orders were strong enough last month to lift a key indicator.

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