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President Biden’s plans are ambitious but risky

In his speech to Congress, President Joe Biden declared his ambitions for a country on its way back from the Covid-19 pandemic. “Now, after just 100 days, I can report to the nation: America is on the move again,” he said. “Turning peril into possibility. Crisis into opportunity. Setback into strength.” Barely three months into his presidency, Biden outlined his ...

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Boeing faces FAA audit of 737 Max latest manufacturing flaw

Bloomberg Boeing Co is facing an audit to determine why changes in its manufacturing practices on the 737 Max led to a hazard that went unnoticed for almost two years. The Federal Aviation Administration (FAA), which oversees Boeing and has meted out multiple civil penalties against the planemaker in recent years, said in a statement that it is also investigating ...

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ANA issues its surprise profit outlook amid limited air travel

Bloomberg ANA Holdings Inc issued a surprise profit outlook for the fiscal year, even as international air travel to and from Japan remains limited and countries across the globe recover from the pandemic at different speeds. Operating profit for the year through March 2022 will be 28 billion yen ($257 million), Japan’s No. 1 carrier said in a statement, seeking ...

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