Boeing shares stumble after mid-flight blowout
Boeing shares fell more than 8% at one point while shares in its supplier Spirit Aerosystems dropped 11%.
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FAA launches probe of Boeing 737 MAX 9 after midair blowout: ‘Cannot happen again’
The Federal Aviation Administration said Wednesday it is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel blew off an Alaska Airlines flight while in mid-air last week, forcing an emergency landing. The FAA has grounded 171 Boeing jets installed with the same panel after the landing, most of which are operated by carriers Alaska Airlines and United…
Column: Excited about AI and self-driving cars? A top roboticist is here to burst your bubble
If you’re a fan of techno-hype, 2023 was the year for you. Believers felt themselves validated by seeing excitement and fear about AI chatbots reach previously untouched heights. Skeptics may have felt initially confounded by the rollout of driverless robotaxis in San Francisco and a few other cities, but ultimately validated when they were ordered…
Abercrombie, American Eagle and Lululemon raise holiday sales outlooks
Combination showing store signage from Abercrombie & Fitch and Lululemon stores. Getty Images Abercrombie & Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying they drew customers looking for holiday gifts and items for themselves in November and December. Yet, Wall Street greeted the news with varying levels of enthusiasm….
Column: 2023 was the year of comeuppance for billionaires, culture warriors, crypto and corporate managements
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