News
Audit uncovers dozens of issues in Boeing’s 737 Max production
A six-week audit conducted by the Federal Aviation Administration (FAA) reportedly uncovered “dozens of problems” at Boeing facilities.
The audit was initiated following an alarming incident in early January when a door panel blew off a 737 Max 9 flight operated by Alaska Airlines, prompting heightened scrutiny of Boeing’s quality-control practices.
The NYT report provided insights into the findings of the audit, based on an internal FAA slide presentation.
Auditors identified numerous issues, with many falling under the categories of failure to adhere to approved manufacturing processes and inadequate documentation of quality control measures.
Out of 89 product audits conducted, Boeing reportedly passed 56 tests but failed 33 of them, indicating a significant number of deficiencies in the production process.
Similarly, of the 13 product audits focused on Spirit AeroSystems, a key supplier responsible for manufacturing fuselages for the 737 Max, only six resulted in passing grades, while seven audits ended in failure.
Hotel key card
Some of the troubling practices uncovered during the audit included mechanics at Spirit reportedly using a hotel key card to check a door seal and applying liquid Dawn soap as a lubricant during the fit-up process.
In response to the findings, a spokesman for Spirit stated that the company is reviewing all identified nonconformities for corrective action.
This latest development comes on the heels of the FAA’s directive to Boeing to develop a plan for quality-control improvements within 90 days.
Additionally, an expert panel’s report highlighted a concerning “disconnect” between Boeing’s senior management and employees regarding safety culture.
The backdrop of these investigations is the tragic history of the Boeing 737 Max, with two fatal crashes in 2018 and 2019 claiming the lives of 346 passengers and crew members.
In light of these incidents, Boeing emphasized its commitment to implementing immediate changes and developing a comprehensive action plan to strengthen safety and quality.
Money
US stocks surge amid AI hype despite market volatility
US stock market bounced back, S&P 500 up 16% in 2023, driven by AI excitement amid policy uncertainties.
US stock market bounced back, S&P 500 up 16% in 2023, driven by AI excitement amid policy uncertainties.
The US stock market has experienced a rollercoaster year, with the S&P 500 nearly entering a bear market in April due to tariff concerns. Investor sentiment shifted following policy changes from President Trump, setting the stage for a dramatic rebound.
By June, the S&P 500 was hitting new records, fueled by excitement over artificial intelligence and its impact on the tech sector. Corporate profit forecasts improved, contributing to an overall annual gain of 16%, despite ongoing market fluctuations.
Yet, the S&P 500 still trails international markets, reflecting lingering policy uncertainties in the US.
Investors are watching closely to see how domestic and global factors will shape the next year.
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News
Australia’s property market set to soar in 2026
Australia’s property market is set for strong growth in 2026, driven by demand and strategic investments across key regions.
Australia’s property market is set for strong growth in 2026, driven by demand and strategic investments across key regions.
Australia’s property market is predicted to perform strongly in 2026, with no major losers expected as demand and prices rise across 14 key regions. Hotspotting’s latest analysis highlights which areas are set to shine and the factors driving this unprecedented growth.
Join Tim Graham from Hotspotting as he explains the methodology behind the price predictions and why infrastructure investments and government policies are playing a key role in shaping the market.
From regional hotspots to major cities, we explore emerging trends, buyer behavior, and the outlook for places like Darwin and Perth. Whether you’re a first home buyer or seasoned investor, this episode is packed with insights to navigate Australia’s booming property landscape.
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News
Stocks, AI and the economy: What to expect in 2026
2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!
2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!
2025 has been a rollercoaster for investors, with AI hype, tariffs, and global politics shaking up markets. We break down what these trends mean for your portfolio and the risks ahead.
Joining us for insights is Kyle Rodda from Capital.com, who explains how Treasury yields, unemployment data, and inflation readings are shaping investor sentiment. We also dive into what the Federal Reserve’s recent moves could mean for 2026.
From the potential impact of a 43-day government shutdown to payroll numbers and market expectations, this episode gives you the clarity you need to navigate the next year in stocks.
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