Author: Admin

The Federal Aviation Administration on Tuesday signed off on the Boeing 737 Max 10 after years of delays, a major win for the manufacturer and the last in Boeing’s best-selling family of jets to get government approval.The green light comes weeks after federal officials reviewed a navigation system glitch on the aircraft but deemed it was not a safety-of-flight issue.Transportation Secretary Sean Duffy told CNBC’s Phil LeBeau that safety is paramount, but he also said the U.S. needs to improve its certification process.”It takes Boeing, to certify an aircraft in Europe, about half the time, less than half the time…

If you’ve been wondering for a while whether you should be working with a financial advisor, here’s a thought to consider: Go meet with one. It could bring clarity to your finances, even if you decide you don’t want to take the next step to hire someone.That’s the path my San Francisco-based colleague Lauren Schwahn took. It’s been a while since she wrote about her first visit with a financial advisor. I spoke with her recently to hear what still stands out about that experience.Her story may sound familiar: She felt unsure of her family’s financial progress or their next…

Every public company has to tell potential investors how things could go wrong.Anthropic’s “risk factors” were unique, also disclosing how the AI technology it is developing could doom humanity as a whole.”Sufficiently advanced AI systems could, if not developed, deployed, and operated with appropriate safeguards, oversight, and security measures, pose catastrophic or existential risks to humanity,” Anthropic said.It noted that less than a year ago, a hacking group Anthropic believed to be sponsored by China “manipulated” Claude to successfully intrude on a number of institutions, including large technology companies, financial institutions, chemical manufacturing companies and government agencies.But Anthropic said its…

Artificial intelligence (AI) firm Anthropic has revealed details of its business ahead of its plans to sell shares to the public in what will likely be the largest stock market debut in history.The company behind AI chatbot Claude revealed losses of more than $80.7bn (£60.5bn) in the first half of the year. It said it generated revenue of $16.3bn over the same period.The number of shares to be released and their price range is yet to be determined.Anthropic’s valuation when it goes public has been expected to exceed that of SpaceX, which this summer was the biggest-ever stock listing at…

Available for over a yearIn Germany’s Ruhr Valley, once the industrial heartland of the coal and steel industry, a remarkable transition into a modern, hi-tech economy is taking place. Based in Dortmund , the historian and author Katja Hoyer, reports on a city which benefits from a new, green landscape, excellent universities and a growing , youthful population – to say nothing of a world class football team. But for those left out of this brave new world the picture is not so bright. (Photo: The Phoenix Lake, originated and developed in the area of the former steel mill in…

Available for over a yearChina’s booming export figures, driven in part by demand for AI-related products, suggest a high-tech economy that’s thriving. Yet many consumers at home continue to face economic pressures. Ed Butler asks whether there’s a link between weakness at home and strength abroad, and what China’s export surge could mean for other countries and trading partners. Presenter/producer: Ed Butler You can email us: businessdaily@bbc.co.uk (Picture: Security guards walk past containers at a port in Shanghai, China. Credit: REUTERS/Aly Song)Programme WebsiteShow less

The chancellor’s allies argue his plans for pensioners will mean they do not need to face an administrative burden just to pay a small amount of tax.The Budget is due to be printed this evening, with Healey’s speech likely to be fine-tuned right up until it is delivered on Wednesday lunchtime.Treasury sources concede it will not involve the scale of tax and spending announcements seen from Labour and Conservative governments in recent years.The Tories are calling on the chancellor to cut green taxes, red tape and benefits to bring down energy bills.Reform is recommending the chancellor adopts 60 policies which…

This year alone, Perkins said he had spent about £2,000 on courses and travel costs to support her training.”It’s upsetting really,” he said. “We help people, we train, we nurture, we mentor. We help the next generation because if we don’t help the next generation, what happens to our future?”The BHC claimed apprenticeship numbers had fallen sharply and warned the trend could worsen if pressures on employer-run salons continued.Perkins believes businesses that employ and train staff are increasingly competing against models centred on self-employed workers.He argues that creates an “unlevel playing field” because traditional salons often shoulder the costs of…

Until a few years ago many of us may have been blissfully unaware of what a data centre was.These giant, warehouse-like buildings power virtually all our internet activity, from our web searches and emails to movie downloads and online banking.They are at the heart of the AI boom, housing the advanced computer chips and servers needed to run services like ChatGPT and Claude.But the speed at which they’re growing, the enormous amount of electricity they consume and concerns about their environmental impact are fuelling a public backlash around the world.In the US, they’ve become a huge issue ahead of the…

Netflix’s (NFLX -1.79%) heyday may be over. At least, that is what you might think after reading the barrage of news about the streaming video provider’s content struggles in 2026. Various content heads have been let go, and a rare round of layoffs has been implemented across the business. Financial performance looks good, but CEO Ted Sarandos is reportedly frustrated that the company cannot produce new hit shows, leading to stagnation in watch hours in the key United States market. Shares are now down 50% from highs, even though it just posted record earnings. That could make it a great…