Flights cancelled as regulator grounds Boeing 737 Max 9s over blowout

The firm’s executive chair said HS2’s costs had risen so much over the past decade because of poor cost estimating, changes to the project’s scope, some poor delivery and the impact of inflation. He added that decisions to delay parts of the project for cashflow reasons, could end up meaning they cost more, and that…

Elon Musk’s SpaceX has initiated discussions about selling insider shares at a price that values the closely held company at $175 billion or more, according to people familiar with the matter. The most valuable U.S. startup is discussing a tender offer that could range from $500 million to $750 million, said some of the people,…

The Small Business Administration’s federal contracting program for socially and economically disadvantaged small businesses wasn’t a direct target of the U.S. Supreme Court decision earlier this year to effectively end race-conscious admission programs at colleges and universities. But it helped buoy the legal attacks against the SBA program, and more changes could be on the way…

Following rising domestic pressure to boycott Chinese-made goods, the Indian government on Monday ordered 59 Chinese apps to be blocked, including TikTok, WeChat, Shareit, and Clash of Kings. The Indian government framed the move as protecting personal information from what it called “malicious apps,” that “harm India’s sovereignty as well as the privacy of our…

Goldman Sachs’ exclusive “management committee” of top bankers has become bloated under CEO David Solomon, according to critics – but some insiders are betting it’s about to get even bigger. The Wall Street giant is expected at the end of the month to make major changes to the powerful panel known internally as “MC,” which…

There will be “little to no Tube service” on the London Underground, Transport for London warns.