Tag Archives: finds

FAA audit finds dozens of issues in Boeing 737 MAX production, NYT reports

FAA audit finds dozens of issues in Boeing 737 MAX production, NYT reports

(Reuters) -The Federal Aviation Administration’s (FAA) audit of Boeing’s 737 MAX production process after a panel blew off on an Alaska Airlines jet in January failed 33 of 89 tests, the New York Times reported on Monday. In the wide-ranging investigation, Boeing failed a check which dealt with the component that blew off the jet, known as a door plug, the report said, citing an FAA presentation viewed by NYT. Supplier Spirit AeroSystems, which makes the fuselage for the MAX, passed six of 13… Source link

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Google Search Results Are Getting Worse, Study Finds

Google Search Results Are Getting Worse, Study Finds

For the past few years, a growing number of users, analysts, and experts raised alarms about a truth that feels obvious to a lot of people who surf around in web browsers: the quality of Google results is in serious decline. Google disagrees. Google’s Antitrust Case Is the Best Thing That Ever Happened to AI When you ask the company, the search giant’s PR teams promise its flagship product is best in class. In fact, we’re told Google Search is better than ever. Strange, then, that yet… Source link

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FTX finds $5.5 billion in liquid assets, still faces ‘substantial shortfall’

FTX finds $5.5 billion in liquid assets, still faces ‘substantial shortfall’

Collapsed crypto exchange FTX said Tuesday it has identified $5.5 billion of liquid assets, but said based on current estimates both the international and U.S. based exchange still face a “substantial shortfall” from what the trading venues owe customers. A court document with the restructuring team’s most recent findings shows this $5.5 billion includes $1.7 billion of cash, $3.5 billion of crypto assets, and $0.3 billion of securities. Some $1.7 billion of the company’s assets are being held… Source link

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PwC survey finds ‘bleak CEO outlook’ for 2023

PwC survey finds ‘bleak CEO outlook’ for 2023

CEOs may be less cheery than usual as they sip crisp Davos spring water and eat pricey sustainably-raised fish at this year’s World Economic Forum (WEF). PwC’s global CEO survey, which polled 4,410 CEOs in 105 countries and territories in October and November 2022, found that 73% of CEOs believed global economic growth will decline over the next twelve months. The survey was released as the WEF kicks off. “The bleak CEO outlook is the most pessimistic CEOs have been regarding global economic… Source link

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D’Angelo Russell, no stranger to trades, once again finds himself in fluid situation

D’Angelo Russell, no stranger to trades, once again finds himself in fluid situation

Before the Timberwolves dove headfirst into a supersized frontcourt starring Rudy Gobert and Karl-Anthony Towns, Minnesota evaluated ways to bolster the opposite end of its starting lineup. The Timberolves explored the offseason trade market of point guards, league sources told Yahoo Sports, and particularly Dejounte Murray. Another one-time All-Star ball-handler, D’Angelo Russell, has held Minnesota’s starting role ever since the Timberwolves sent Andrew Wiggins plus the first-round pick… Source link

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A net-zero world could generate $10.3 trillion by 2050, new report finds

A net-zero world could generate $10.3 trillion by 2050, new report finds

The green transition could spur huge economic gains as the world looks to curb climate change, a new report finds. A study from Oxford Economics and Arup estimated that green industries could add $10.3 trillion to the world’s economy — or 5.2% of global GDP — by 2050 under a net-zero scenario. The report made the case that governments and businesses, under increasing pressure from costly climate-related weather events, may begin to see a rapid transition away from fossil fuels as a net… Source link

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Retirees can safely withdraw more in 2023 and not run out of money, report finds

Retirees can safely withdraw more in 2023 and not run out of money, report finds

Traditional guidance says not to spend more than 4% of your retirement savings in the first year to protect yourself from running out of money in your golden years. A new recommendation puts that figure at 3.8% with a 30-year time horizon, according to researchers at Morningstar Inc., a half-point higher than the 3.3% withdrawal they recommended in 2022 due to expectations for lower future investment returns. That means if you retire this year with a $640,000 portfolio invested 50% in stocks… Source link

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Retirees can safely withdraw more in 2023 and not run out of money, report finds

Retirees can safely withdraw more in 2023 and not run out of money, report finds

Traditional guidance says not to spend more than 4% of your retirement savings in the first year to protect yourself from running out of money in your golden years. A new recommendation puts that figure at 3.8% with a 30-year time horizon, according to researchers at Morningstar Inc., a half-point higher than the 3.3% withdrawal they recommended in 2022 due to expectations for lower future investment returns. That means if you retire this year with a $640,000 portfolio invested 50% in stocks… Source link

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