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Boeing problems causing headache for airlines

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A cabin blowout and the grounding of more than 170 Boeing jets have rekindled frustration among airlines over the planemaker’s struggle to contain a series of safety and supply crises.

Alaska Airlines and United Airlines, together have 70% of the MAX 9 fleet and have canceled hundreds of flights.

And with provisional checks turning up loose bolts in some of the grounded planes, the return to service could be delayed, with implications for the earnings of both airlines.

Some analysts have already trimmed first-quarter profit estimates for both the carriers.

National Transportation Safety Board (NTSB) Investigator-in-Charge John Lovell examines the fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, in Portland, Oregon, U.S. January 7, 2024. NTSB/Handout via REUTERS

However, the scale of impact depends on how long the planes remain grounded.

Boeing CEO Dave Calhoun acknowledged mistakes and told staff he and many customers had been “shaken to the bone.” Boeing must work to earn their confidence, he said.

“In the next couple of weeks, we will be under siege,” Calhoun warned, according to people familiar with his remarks.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Australia’s new National AI Plan aims to transform the future of tech

Australia’s National AI Plan aims to make it a global leader in AI, focusing on safe, responsible innovation and workforce support.

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Australia’s National AI Plan aims to make it a global leader in AI, focusing on safe, responsible innovation and workforce support.


Australia has unveiled its ambitious National AI Plan, a blueprint designed to position the country as a global leader in artificial intelligence. The plan focuses on building smarter infrastructure, strengthening domestic capability, and encouraging innovation across a wide range of sectors.

A key priority is ensuring the safe and responsible use of AI technologies. This includes frameworks to prevent harm, attract global investment, and boost industry collaboration while unlocking opportunities for businesses and communities across the nation.

The government also aims to support and upskill Australian workers, promoting widespread adoption of AI and improving public services. The vision is to ensure every corner of the country benefits from the next wave of technological progress.

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#AustraliaAI #TechPolicy #ArtificialIntelligence #FutureOfWork #DigitalTransformation #InnovationNews #AIRegulation #TickerNews


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Stocks rebound as Bitcoin and tech surge ahead of Fed meeting

Stocks rebound as tech and bitcoin rise, fueled by optimism over potential Fed interest rate cuts.

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Stocks rebound as tech and bitcoin rise, fueled by optimism over potential Fed interest rate cuts.


Stocks bounced back today as investors cheered gains in technology shares and bitcoin. Optimism is building around a potential interest rate cut from the Federal Reserve on December 10, fueling a bullish mood in the markets.

December has historically been a strong month for equities, with the S&P 500 averaging more than a 1% gain. Analysts are watching closely as the final weeks of the year could set the tone for 2026.

For expert insights, Chris Weston from Pepperstone breaks down what investors should watch and how the market could react to the Fed’s next move.

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#Stocks #Bitcoin #TechStocks #MarketUpdate #Investing #SP500 #FederalReserve #Trading


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Kristi Noem pushes to expand U.S. travel ban amid rising security concerns

Noem calls for expanding U.S. travel ban amid security concerns following a deadly shooting, citing risks from additional countries.

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Noem calls for expanding U.S. travel ban amid security concerns following a deadly shooting, citing risks from additional countries.


Homeland Security Secretary Kristi Noem is calling for a major expansion of the U.S. travel ban, arguing that more countries are sending dangerous migrants into the United States. Her proposal would widen the list from 19 to as many as 30 nations, although the exact countries have not been named.

The push follows a deadly shooting in Washington that killed a young Army specialist and left another critically injured. Noem says the attack highlights growing national security gaps.

The conversation is now shifting to how the U.S. evaluates travel risks and the broader political consequences.

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#KristiNoem #TravelBan #USPolitics #HomelandSecurity #MigrationPolicy #BreakingNews #USBorder #TickerNews


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