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VWAGY - Wall Street Breakfast: Boeing Confirms 737 MAX Production Halt
Volkswagen AG ADR Repstg 1/10th Sh
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The crisis at Boeing is deepening after the planemaker halted production of a 737 line for the first time in two decades, as the grounding of its best-selling MAX jet drags into 2020. While Boeing (BA) doesn't expect to lay off any production line workers at this time, the move could have repercussions across its global supply chain and the U.S. economy (until now 737 MAX jets were