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Battery Maker For Boeing Gets Regulator Clearance

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Battery Maker For Boeing Gets Regulator Clearance

Business

Battery Maker For Boeing Gets Regulator Clearance

Battery Maker For Boeing Gets Regulator Clearance

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  • <iframe src="https://www.npr.org/player/embed/170530163/170530232" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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When all Boeing 787 Dreamliners were grounded for electrical issues, it sent the stock of the company that makes the plane's batteries into a tailspin. Now that company, GS Yuasa, is seeing its stock bounce back. The Japanese Civil Aviation Bureau cleared the company of all responsibility for Boeing's electrical issues.

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

NPR's business news starts with good news for Boeing's battery maker.

When all Boeing 787 Dreamliners were grounded for electrical issues, it sent the stock of the company that makes the plane's batteries into a tailspin. Now that company, GS Yuasa, is seeing its stock bounce back. Yesterday, the Japanese Civil Aviation Bureau cleared the firm of all responsibility for Boeing's electrical issues. Boeing will announce its fourth-quarter earnings - by the way - later today.

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