ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
GameStop Misses Q3 Revenue Estimates as Digital Shift Pressures Growth 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Westpac Director Peter Nash Avoids Major Investor Backlash Amid ASX Scrutiny 
ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
CVS Health Signals Strong 2026 Profit Outlook Amid Turnaround Progress 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Boeing CEO Dave Calhoun is scheduled to meet with U.S. senators this week to discuss the grounding of the 737 MAX 9. The meeting comes as United Airlines executives raise concerns regarding billions of dollars of orders for MAX 10 jets.
Lawmakers Question Boeing
Reuters reported that starting Wednesday, Calhoun will hold meetings on Capitol Hill. Among the senators he is scheduled to meet with are Ted Cruz, a Republican, and Mark Warner, a Democrat. The meetings follow the mid-air blowout of a cabin panel on a new Alaska Airlines jet, according to US News.
Calhoun will also meet with Senator Maria Cantwell, who chairs the Commerce Committee. Cantwell recently stated her intention to hold a hearing after the Federal Aviation Administration (FAA) grounded 171 MAX 9 airplanes. The meeting with Calhoun was requested by Boeing.
Senator Cantwell and Senator Cruz, the committee's top Republican, held a closed-door briefing last week with FAA Administrator Mike Whitaker and National Transportation Safety Board Chair Jennifer Homendy to address concerns regarding the MAX grounding.
Boeing has faced numerous questions from lawmakers on Capitol Hill. In a letter dated January 17, the company responded to Senators Ed Markey, JD Vance, and Peter Welch, acknowledging their concerns and stating their commitment to rebuilding trust with regulators and customers.
United Airlines Reconsidering Fleet Plan
United Airlines CEO Scott Kirby announced on Tuesday that the airline, which had ordered 277 MAX 10 jets with options for another 200, will revise its fleet plan to exclude the troubled aircraft model, given the regulatory and delivery delays it has been facing.
The grounding of the 737 MAX 9 has prompted increased scrutiny of Boeing's practices and safety measures. The company's commitment to addressing these concerns and regaining the trust of regulatory bodies and customers remains ongoing.
Photo: Qatar Airways Newsroom
