Industry

Boeing Scrubs Starliner Launch, Complicating Company’s Passenger Jet Woes

Boeing Scrubs Starliner Launch, Complicating Company’s Passenger Jet Woes

Boeing scrubbed its attempt to launch its Starliner capsule named ‘Calypso’ on May 6, which was supposed to be a break for Boeing’s issues in its passenger jet operations.


Boeing Faces New FAA Investigation After Admitting Possibly Missing Required 787 Dreamline Inspections

Boeing is facing a new FAA investigation. The probe was triggered after it admitted possibly missing some required inspections for the 787 Dreamliner.

Xi Jinping Urges France to Resist 'New Cold War' Amid EU's Shift Towards US Alliance

Xi Jinping's visit to France amid EU tensions highlights economic cooperation, opposing a "New Cold War."

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Latest News

gasoline
Global gasoline demand growth may half in 2024 due to a return to normal consumption after COVID-19 and a shift to electric cars in China and the US.
 Heineken Announces £39 Million Investment to Reopen 62 Closed UK Pubs
The focus of the investment will be on reopening 62 pubs that were previously closed and renovating 94 existing outlets.
Biden Administration's Pending Marijuana Reclassification Could Lead to Huge Tax Cut for Cannabis Companies
Led by the US Drug Enforcement Administration (DEA), this proposed change acknowledges cannabis's medical benefits and lower abuse potential than other controlled substances.
Berkshire Hathaway's Brooks Running CEO Deems China, Europe as Growth Areas
Brooks Running's newly appointed chief executive has expressed optimism about the potential growth of the business in China and Europe.
Elon Musk’s xAI Plans to Build 'World's Largest' Supercomputer in Memphis
Elon Musk has unveiled his plan to summarize news events on his social media platform X using xAI's chatbot, Grok.
Boeing Gives Alaska Airlines $61 Million in Credit Memos to Compensate for Damages Caused by MAX 9 Grounding
Alaska Air Group disclosed on Friday that it received $61 million in supplier credit memos from Boeing.
Coinbase Reports Impressive Q1 Revenue of Above $1 Billion Following Bitcoin Rally
Coinbase announced a better-than-expected revenue in its first-quarter earnings report on Thursday after a bitcoin rally led to a surge in profit.
Universal Music Group Reports Nearly 6% Q1 Revenue Growth After a New Deal With TikTok
The generated revenue of Universal Music Group rose nearly 6% during the first quarter of 2024. The generated revenue of Universal Music Group rose 5. 8% during the first quarter of 2024, reaching 2.
Gold Scams on the Rise in China — Thousands Got Duped Into Buying Expensive Fake Jewelry
China is grappling with a rise in gold scams amid strong interest in the precious metal as an alternative investment.
David Cameron Support Israel Arms Sales Despite IDF Airstrike Killing British Aid Workers, But Why?
David Cameron wants to continue Israel's arms sales despite the IDF airstrike incident. Here's why.
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