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FAA will not allow Boeing to boost 737 MAX production yet

By David Shepardson WASHINGTON (Reuters) – U.S. regulators will not immediately allow Boeing to increase 737 MAX production as it addresses ongoing safety issues, the agency’s administrator said on Thursday, after a three-hour meeting with company officials, including outgoing CEO Dave Calhoun. The Federal Aviation Administration’s enhanced oversight of Boeing will continue in coming months,…

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OpenAI responds to warnings of self governance by former board members, the Economist reports

(Reuters) – OpenAI’s board on Thursday pushed back on allegations from its former members that concerns over artificial intelligence safety at the startup necessitated Sam Altman’s shocking ouster last year. OpenAI’s board members in an article published in the Economist said the review into the events found the previous board’s decision did not arise out…

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Best Buy set for tenth straight quarter of sales drop on weak electronics spending

By Ananya Mariam Rajesh and Juveria Tabassum Best Buy is set to post its tenth consecutive quarter of sales decline on Thursday when the U.S. electronics retailer reports quarterly results, as spending on big-ticket electronics remains pressured despite easing inflation. Although results from big-box retailers Walmart and Target indicate that consumers have resumed spending on…

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