Global Economy

FAA clears Boeing 737 Max to fly again after 20-month grounding spurred by deadly crashes

The Federal Aviation Administration on Wednesday cleared the Boeing‘s 737 Max to fly again after a nearly two-year ban, a turning point in a protracted crisis for the aircraft giant stemming from two crashes of its top-selling plane that killed 346 people. “The design and certification of this aircraft included an unprecedented level of collaborative […]

Investment

Relativity Space raising $500 million at $2 billion valuation from Tiger and others, sources say

Relativity Space’s third generation 3D-printer in its new headquarters, with CEO Tim Ellis standing by for scale. Relativity Rocket builder and 3D-printing specialist Relativity Space is raising $ 500 million of fresh capital in a new round being led by Tiger Global Management, people familiar with the financing told CNBC on Tuesday. The new fundraise, […]

Technology

Trump says DHS cybersecurity chief Chris Krebs has been terminated

WASHINGTON — President Donald Trump announced Tuesday on Twitter that he has “terminated” top U.S. cybersecurity official Christopher Krebs. In a pair of tweets, Trump said that Krebs gave a “highly inaccurate” statement about the security of the 2020 presidential election. Trump, who has not yet conceded to president-elect Joe Biden, alleged that the election was riddled with […]