Wall Street Breakfast South Korea orders Boeing 737-800 inspections after fatal crash
Dec 30, 2024
After a tragic crash involving the Boeing 737-800, South Korea has mandated inspections that send shockwaves through the aviation sector. In the finance world, Snow Lake Resources experiences a decline after a $15 million offering. Meanwhile, the holiday box office shines as "Sonic the Hedgehog 3" and "Mufasa" lead the charts, showcasing a vibrant market for film even amid economic uncertainty. Insights into upcoming trends and potential rate hikes provide a broader view of market dynamics.
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Boeing 737-800 Crash in South Korea
- A Boeing 737-800 crashed in South Korea, killing 179 people after a failed landing attempt and bird strike.
- South Korea will inspect all 737-800s and review Jeju Air's safety standards.
South Korean Leadership Vacuum
- South Korea's government faces a leadership vacuum after impeachments of top officials.
- This raises concerns about the effectiveness of the crash investigation and response.
Snow Lake Resources Offering
- Snow Lake Resources priced a $15 million share offering at 80 cents per share.
- The company's stock dropped 33% pre-market.