Business

Boeing developing new single-aisle plane to replace 737 Max aircraft: report

Boeing is reportedly developing a new single-aisle airplane that will eventually replace its 737 Max aircraft, which has faced a spate of safety-related issues.  The aerospace giant’s CEO, Kelly Ortberg, met with officials at Rolls-Royce Holdings in the U.K. earlier this year to discuss a new engine for the aircraft,…

Wealthy investors tap ETFs for three hot assets, according to Goldman Sachs

Some of the world’s wealthiest investors are using exchange-traded funds to access commodities, cryptocurrency and artificial intelligence. “We tend to find when clients want broad exposure, they want a SMA (separately managed account). For thematic, hedge or risk it tends to be an ETF,” said Meena Flynn, co-head of global…

Airlines warn government shutdown could disrupt flights, strain aviation system

U.S. airlines and aviation groups are warning Congress that a government shutdown at midnight would disrupt air travel, jeopardize safety and stall efforts to modernize the nation’s air traffic control system. The warning came in a letter from the Modern Skies Coalition — which includes Airlines for America, the trade…

Trump scores .5M YouTube settlement over account suspension dispute

President Donald Trump has won a $24.5 million settlement from YouTube over the platform’s suspension of his account following the Jan. 6, 2021, Capitol riots. The Alphabet-owned company is the last of the three major social media platforms sued by Trump, alongside Meta and Twitter, now called X, to resolve…

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