Investments and Business

FAA Gives Boeing 90 Days to Develop Plan to Address Quality-Control Issues

FAA Gives Boeing 90 Days to Develop Plan to Address Quality-Control Issues

Linked media - Linked media The meeting on Tuesday, which took place at the F.A.A.’s headquarters in Washington, came two weeks after Mr. Whitaker toured Boeing’s 737 plant in Renton, Wash. During his visit, Mr. Whitaker spoke with Boeing engineers and mechanics to try to get a better sense of the safety culture at the factory. The F.A.A. said after his visit that Mr. Whitaker planned to discuss what he saw during his visit when he met with Boeing executives in Washington. On Monday, the F.A.A. released a report by a panel of experts that found that Boeing’s safety culture…
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Divisions Among Finance Ministers Flare Over Seizing Russian Assets

Divisions Among Finance Ministers Flare Over Seizing Russian Assets

Related media - Related media “While we should act together and in a considered way, I believe there is a strong international law, economic, and moral case for moving forward,” Ms. Yellen said. But Mr. LeMaire, who spoke just a few hours ahead of a private meeting with Ms. Yellen, pushed back on that assertion. “We don’t have the legal basis to seize the Russian assets and we should never act if we don’t obey by the international law and by the rule of law,” Mr. Le Maire said, according to a recording of his remarks. Western officials have been…
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Center for Public Integrity Weighs Merger or Shutdown Amid Dire Financial Straits

Center for Public Integrity Weighs Merger or Shutdown Amid Dire Financial Straits

Linked media - Associated media “The board remains committed to C.P.I. and its essential mission, and is working hard to determine the best way forward for our journalism,” the nonprofit said in a statement. The financial peril facing the Center for Public Integrity threatens to extinguish a newsroom of about 30 journalists that has watchdogged powerful institutions for decades. Much of its funding has come from foundations interested in supporting investigative journalism, including the Knight Foundation and the Robert R. McCormick Foundation. As its reserves dwindle, its board of directors is contemplating drastic action to address the situation. The Center…
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Inquiry Into Ouster of OpenAI’s Chief Executive Nears End

Inquiry Into Ouster of OpenAI’s Chief Executive Nears End

Associated media - Related media WilmerHale, a prominent U.S. law firm, is close to wrapping up a detailed review of OpenAI’s chief executive, Sam Altman, and his ouster from the artificial intelligence start-up late last year, two people with knowledge of the proceedings said. The investigation, when complete, could give insight into what went on behind the scenes with Mr. Altman and OpenAI’s former board of directors, which fired him on Nov. 17 before reinstating him five days later. OpenAI, which is valued at more than $80 billion, has led a frenzy over A.I. and could help determine the direction…
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Donna Summer’s Estate Sues Ye for Sampling ‘I Feel Love’

Donna Summer’s Estate Sues Ye for Sampling ‘I Feel Love’

Linked media - Linked media When Ye and Ty Dolla Sign asked last month for permission to sample Donna Summer’s 1977 song “I Feel Love,” the disco singer’s estate firmly told them no. Yet when their joint LP, “Vultures 1,” was released weeks ago, a song with strong similarities to Summer’s famous tune was there on the track list. A copyright infringement lawsuit detailing that timeline was filed against Ye, the rapper once known as Kanye West, and Ty Dolla Sign on Tuesday by Summer’s husband and executor, Bruce Sudano. Summer, known as the “Queen of Disco,” had three consecutive…
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U.S. Proposes New Rules to Ease Flying for Travelers in Wheelchairs

U.S. Proposes New Rules to Ease Flying for Travelers in Wheelchairs

Linked media - Associated media The Biden administration announced on Thursday that it was proposing new regulations for how airlines must treat passengers in wheelchairs, an effort aimed at improving air travel for people with disabilities. Under the proposed rule, damaging or delaying the return of a wheelchair would be an automatic violation of an existing federal law that bars airlines from discriminating against people with disabilities. The Transportation Department said that change would make it easier for the agency to penalize airlines for mishandling wheelchairs. The proposed regulations would also require more robust training for workers who physically assist…
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Biden Calls Chinese Electric Vehicles a Security Threat

Biden Calls Chinese Electric Vehicles a Security Threat

Related media - Related media The Treasury Department has already proposed rules meant to limit China’s ability to supply materials for cars and trucks that qualify for a $7,500 electric vehicle tax credit included in Mr. Biden’s signature climate bill. The Commerce Department investigation announced on Thursday grew from a series of conversations that administration officials had with automakers last fall, after the settlement of a United Automobile Workers strike during which Mr. Biden stood with the union and joined a picket line. The carmakers told administration officials about the restrictions they faced selling in China, including on software. Biden…
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