China is the last major market where the Boeing 737 Max was awaiting approval after the United States allowed flights to resume in December 2020 and European Union regulators gave permission in January. Brazil and Canada also have given approval.
Governments grounded the Boeing 737 Max after a total of 246 people were killed in the crashes of a Lion Air flight in Indonesia on Oct. 29, 2018, and an Ethiopian Airlines flight on March 10, 2019.
Investigators blamed a computer system that pushed the plane’s nose downward in flight and couldn’t be overridden by pilots.
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AMAZON PLANS TO OPEN NEW CENTRAL INDIANA WAREHOUSE THIS YEAR
Mayor Steve Barnett said the exact number of expected jobs has not yet been shared with the city, the Daily Journal reported. City officials said the warehouse will receive inventory and workers will sort and ship orders.
FACT CHECKERS SAY YOUTUBE LETS ITS PLATFORM BE ‘WEAPONIZED'
More than 80 fact-checking organizations are calling on YouTube to address what they say is rampant misinformation on the platform.
HONDA EXEC: HIGH AUTO PRICES MAY DROP, BUT NOT DRAMATICALLY
Honda expects its factories to make more vehicles this year despite a computer chip shortage and supply chain troubles. But because it’s starting the year with so few vehicles at dealers, the company expects U.S. sales to fall below last year’s numbers.
SPACE TELESCOPE'S EYE' OPENS, LAST MAJOR HURDLE ‘GOLDEN
NASA’s new space telescope opened its huge, gold-plated, flower-shaped mirror Saturday (08), the final step in the observatory’s dramatic unfurling.
AFTER WAVE OF CANCELLATIONS, DELTA SEES RECOVERY IN 2022
Delta Air Lines lost $408 million in the final quarter of 2021, dragged down by a COVID-19 surge that rocked the airline in December, and the carrier predicted Thursday that it will suffer one more quarterly loss before travel perks up in spring and summer.
JUDGE SAYS FTC'S ANTITRUST CASE AGAINST FACEBOOK CAN PROCEED
A federal judge has ruled that the Federal Trade Commission’s revised antitrust suit against Meta, formerly known as Facebook, can proceed, shutting down the social media company’s request for a dismissal.
TAIWAN CHIPMAKER TSMC SAYS QUARTERLY PROFIT $6 BILLION
Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips, reported Thursday its quarterly profit rose 16.4% over a year earlier to $6 billion amid surging demand for chips for smartphones and other electronics.
GRAND THEFT AUTO MAKER BUYS FARMVILLE COMPANY IN $12.7B DEAL
Take-Two Interactive, maker of “Grand Theft Auto” and “Red Dead Redemption,” is buying Zynga, maker of “FarmVille” and “Words With Friends,” in a cash-and-stock deal valued at about $12.7 billion.
WILL SMITH, LADY GAGA, BEN AFFLECK SCORE SAG NOMINATIONS
The Oscar race may be missing in-person glitz this year, but it doesn’t lack for star power. Will Smith, Lady Gaga and Ben Affleck landed individual nominations for the 28th Screen Actors Guild Awards on Wednesday, while the casts of “Belfast” and “CODA” were among those nominated for the guild’s top award, best ensemble.
5 Steps to Reach Your Money Goals in 2022
In addition to the new year bringing confetti and a fresh calendar, it’s a time to set big money goals for the next 12 months. That might mean finally paying off debt, buying a house or taking a long-delayed vacation.
BOEING AIRLINER SALES JUMP BUT DELIVERIES LAG RIVAL AIRBUS
Boeing finished 2021 far behind European rival Airbus in deliveries of new aircraft, but sales bounced back after two dismal years caused by the 737 Max crashes and the pandemic.
Wall Street Digs In To China
U.S. politicians are taking a tougher line on the country, but bankers say they have to be there
CHINA'S QUEST TO TAKE TAIWAN
CHINESE OFFICIALS HAVE started directing citizens to stock up on food amid rising vegetable, egg, and pork prices. Encouraging people to become preppers could just be how the Chinese government expresses concern about cold snaps and potential future COVID-19 lockdowns. But some fear it’s a more sinister sign, indicating that the Chinese Communist Party (CCP) wants people to prepare for the growing threat of war.
The Jail Money Trap
The Museum of Chinese in America was desperate to buy its building. The city found a reason to pay for it— one that threw Chinatown into a years-long fight.
Tesla Takes Its Critics to Court
Chinese customers and bloggers who complain about its cars are increasingly the targets of lawsuits
A Maximum Memorial
How Boeing’s missteps continued well past the Ethiopian Airlines flight that killed all 157 on board
Ghost at the Controls
Boeing insisted pilots didn’t need expensive training for the new 737 Max and wouldn’t have trouble diagnosing software errors midflight. Then Maxes started pointing themselves toward the Earth. Adapted from the new book Flying Blind: The 737 Max Tragedy and the Fall of Boeing, by Peter Robison
Xi's Great Moderation
The Chinese leader wants to downsize the real estate sector, even if it means sacrificing economic growth
Fortnite Hits The Wall
○ China wants kids playing fewer video games, which is bad news for the companies making them
Don’t let their confidence fool you: Xi, Putin, and other authoritarians are increasingly vulnerable at home